United Arab Emirates Credit Cards
United Arab Emirates, which is also known as UAE is one of the largest oil producers of the world that produces 2.8 million barrels of oil per day. Population of UAE is 4.106 million. In 2005, UAE has Exports of 424 Billion AED. There is also a strong Banking sector working in UAE. The Central Bank of UAE that was established in 1980 operates the banking sector.
There are 48 listed commercial banks working in UAE. The developed banking infrastructure is helping the country to achieve the peaks of success and development. The people using Credit Cards in United Arab Emirates also played vital role in the development of banking sector.
UAE holds 33% of credit card market of Middle East. That is why because Credit Cards in United Arab Emirates are commonly used in UAE.
Major Credit Instrument of Doha Bank
There are several banks in UAE, which are offering United Arab Emirates Credit Cards. But the popular and most recommended bank is The Doha Bank, which has introduced a major credit instrument named as Doha bank credit card. This is one of the widely used cards in Dubai.
Value Added Services Of UAE Credit Cards
All the major players of credit card market like Master Card, Visa, American Express and Diners are providing their facilities to millions of customers in UAE. These companies offer variety of United Arab Emirates Credit Cards that are suitable for all kind of situations. There are also some value added services (VAS) offered along with these cards. There are different types of credit cards are available in UAE, which are known as Platinum, Titanium and Gold Cards.
These cards have various features. These cards can be used for travel privileges. This card is offered with the services for 90 days and 0% interest will charge. User can also avail discount offers and cash back facilities as well. You can avail cash back offer from 1%-5% in a month by less spending. Amount can be transferred from one card to another and charges are very low. Cash transfer to account is also very easy from United Arab Emirates Credit Cards. Insurance is also offered and holder can take benefits from it.
Islamic Card
United Arab Bank has launched an Islamic Card. This is the part of Islamic banking services of the bank. This Islamic card fulfills the requirements of the Islamic banking customers of the UAB. After launching this card, UAB has maintained the growing profit ratio of 5.3% until the first half of year 2010. User should take care of several things while choosing United Arab Emirates Credit Cards.
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