Using credit cards to shop for gifts, whether they are for birthdays, anniversaries or the festive season, is a smart move since spending on most credit cards will earn some cashback, air miles or other form of reward points. In this day and age, almost everyone in the United Arab Emirates has at least one rewards credit card, and provided that it is not used to spend to an excessive degree, it can be very…

Going on holiday is something that everyone looks forward to, but despite the excitement, it remains crucial to plan ahead and take precautions in regard to finances while away from home. There is nothing that will ruin a holiday as quickly and certainly as losing money, with some countries having pickpockets that zero in on tourists, particularly those who fail to be alert and are not extra careful with their bag or wallet. The good…

Credit cards in the United Arab Emirates that come with a Balance Transfer facility can often seem like a really good option, particularly for those who are dealing with debt-related problems. Using the Balance Transfer facility on a credit card can cut years off debt repayment and results in massive savings by having the balance from one or more high-interest credit cards transferred to one that comes with a lower interest rate. However, there are…

The use of credit cards is the norm in the United Arab Emirates today, providing relief during emergency situations and financial solutions, including being able to pay off big purchases over an extended period of time. However, sometimes people use credit cards too much and end up finding it difficult to repay the amount they have spent, which can result in them getting into debt, especially if the occasional payment is skipped and the debt…

A series of initiatives to participate in and contribute to the government scheme for business continuity within the United Arab Emirates have been announced by Ajman Bank in light of the pressures and precautions being seen by the international economy. The moves have been carried out following directives from the Executive Council chairman and Crown Prince of Ajman, HH Sheikh Ammar bin Humaid Al Nuaimi. The community initiatives package announced by the bank complements initiatives…

Many people in the United Arab Emirates are reluctant to get a credit card for the first time because of the horror stories they have heard about people ending up in massive amounts of debt as a result of doing so. Of course, the reality is that not everyone who has a credit card is in debt to any significant or worrying degree and that the management and use of a credit card is what…

Many people in the United Arab Emirates prefer to travel in business class nowadays, and others often wonder how they can afford to do so. The reality is that the great majority of those who fly business class are probably not actually paying to do so and are able to fly in business and sometimes first class with the help of Air Miles. Air Miles are points that can be collected when credit cards that…

The introduction of the Emirates NBD Duo Credit Card was planned to give cardholders the benefits of two credit cards – the Mastercard Platinum Card and the Diners Club Card – in one package. The Emirates NBD Duo Credit Card therefore offers users a variety of different privileges and rewards with the intention of providing them with the best features of both credit cards. Among the highlights that the credit card has to offer is…

The Dubai Islamic Bank Al Islami Platinum Plus Credit Card was created to aid the people of the United Arab Emirates with their everyday needs. The credit card comes with a vast array of exclusive privileges and benefits in order to give more rewards to those who spend money with it. The card also give users instant access to the bank’s loyalty programme, Wala’a Rewards, which ensures that all purchases made with the card bring…

Credit cards have long been used as a source of easy cash, with people on fixed incomes often viewing them as a key to access more money than they normally have. Credit cards are financial instruments that are only of benefit to those individuals who know how to use them wisely. Using credit cards wisely can improve a person’s credit rating in the United Arab Emirates, and many credit cards also come with offers of…