Credit Card in UAE on 4000 Salary

If you want to know how to get a credit card in UAE on 4000 salary then you have reached the right place. A credit card comes with cashback, rewards and discount benefits. But you must meet the eligibility criteria to get a credit card in UAE.

You need be a UAE resident with a valid Emirates ID to apply for a credit card in UAE. Whether you are an Emirati Citizen or Expat, you can apply for a credit card if you meet its minimum salary, age and other eligibility criteria. Let us explore all the credit cards available on AED 4000 salary.

Types of Credit Card in UAE

There are different types of credit card available in UAE.

• Rewards Credit Cards
• Cashback Credit Cards
• Travel Credit Cards
• Movies Credit Cards
• Internet Credit Cards
• Shopping Credit Cards
• Dining Credit Cards
• Family Credit Cards

Minimum Salary for a Credit Card in UAE

The minimum salary to get a credit card in UAE is AED 5000. The UAE Citizens and Expats can apply for a credit card if they have a stable monthly income of AED 5000 or more.

The credit card benefits include movie tickets, shopping vouchers, discounts and cashback. If your salary is higher, you can get a credit card that offers maximum benefits as per your usage.

Can I Get a Credit Card on 4000 Salary in UAE?

Yes, you can get a credit card on 4000 salary in UAE but you have to open a fixed deposit account with the bank. Some banks offer a credit card on low salaries with a condition to open an FD account. If you agree to open an FD Account, the bank will give you a credit card on 4000 salary.

The minimum salary required for a credit card without FD is AED 5000. So, you can apply for a credit card without creating FD if your salary is minimum AED 5000 per month. In case your salary is AED 4000 or less, it is recommended to apply for a credit card against FD.

Eligibility Criteria to Get a Credit Card in UAE

There are some specific eligibility criteria to get a credit card in United Arab Emirates. You must meet the criteria to apply for a credit card in UAE.

Minimum Salary:

• AED 5000 or More for Any Credit Card
• No Minimum Salary Condition for Credit Cards against FD

Other Eligibility Criteria:

• Minimum Age: 21 Years
• Must be a UAE Resident
• A Valid Email and UAE Mobile Number
• Fixed Monthly Salary or Stable Monthly Income
• Good Credit History
• Good Credit Score
• Salary Transfer to Same Bank (Some banks have this condition)

Required Documents to Get a Credit Card in UAE

There are some important documents that you have to provide when you apply for a credit card in UAE. If you wish to apply, you must have all required documents given below.

• Original Emirates ID and Its Certified Copy
• A Valid Address Proof
• A Valid Passport Copy
• Residence Visa Copy (for Expats)
• Latest Salary Certificate

How to Apply for a Credit Card in UAE on 4000 Salary

In order to apply for a credit card in UAE on 4000 salary, you have to visit your bank where you have your salary account. You need to meet the bank employee and tell him/her that you need a credit card and discuss how the bank can provide it.

The bank employee will check your transaction history and credit score. Thereafter s/he will check for credit cards against fixed deposit (FD) for you. If there is a credit card available, the bank employee will tell you about the offer and how you can get it.

Based on the credit card offer available for you, you should apply for opening an FD account first and then apply for a credit card against FD. It gives you double benefits as you are going to earn interest on FD and get discount & cashback benefits on credit card.

So, it is a good option to get a credit card against FD for employees with AED 4000 salary in UAE.

Credit Card Fees & Charges

Most credit cards against FD come with zero joining fees and zero annual fees. But I strongly suggest you to check credit card fees & charges thoroughly before you apply for the same.

The fees and charges may vary from one credit card to another. So, you need to check the Fees & Charges section of your selected credit card at the time of applying for it.

How Much Credit Limit will I Get?

Every credit card comes with a certain credit limit that you can use for shopping and utility bill payments in a month. The bank decides credit limit based on your salary and transactions in your bank account.

The bank does not reveal the credit limit for any credit card in advance. It is revealed when the credit card is issued. So, you can know your credit limit only when your card is issued by the bank.

Credit Card Bill and Minimum Payment

After your get a credit card, its statement will be generated on a fixed date every month. The statement will show all the transactions you did throughout the month and the total amount as your credit card bill. It also shows a minimum payment amount near the bill amount.

Here you have two options, you can either pay your credit card bill in full amount or pay the minimum payment. If you choose the minimum payment, you need to split the remaining amount in EMI and the bank will charge interest on it.

Conclusion

In this way, you can get a credit card in UAE on 4000 salary. I have shared all important information about how to apply for a credit card, eligibility criteria, documents and fees & charges related to credit cards in UAE.

In case you have a query regarding your credit card, you can contact your bank branch or call on its helpline number. For more details, check the frequently asked questions and their answers given below.

FAQs