The Emirates Islamic Cashback Credit Card

Navigating the vast landscape of credit cards in the UAE can be challenging, but for savvy spenders, the Emirates Islamic Cashback Credit Card with Fuel Cashback offers a unique blend of benefits. In this thorough review, we’ll delve into its features, strengths, weaknesses, and explore alternatives, helping you make an informed decision that aligns with your spending habits.

Fueling Savings: The Power of 10% Cashback:

For those seeking substantial savings on fuel, the Emirates Islamic Cashback Credit Card leads the pack with an impressive 10% cashback at ENOC and Emarat petrol stations.

CategoryCashback Percentage
Fuel Spends (ENOC, Emarat)10%
RTA Payments5%
International SpendsUp to 2.25%
Other SpendsUp to 1.25%

Flexible Cashback Structure: Up to 1.25% on Other Spends:

Beyond its focus on fuel and RTA transactions, the card ensures that every purchase contributes to your cashback rewards.

Spending CategoryCashback Percentage
Local and International TransactionsUp to 1.25%

Cashback Based on Monthly Spend of AED 10,000:

Let’s explore a sample cashback scenario based on a monthly spend of AED 10,000:

CategoryMonthly SpendCashback PercentageCashback Earned
Fuel (ENOC, Emarat)AED 1,00010%AED 100
RTA PaymentsAED 5005%AED 25
International SpendsAED 2,000Up to 2.25%AED 45
Other SpendsAED 6,500Up to 1.25%AED 81.25
Total Cashback EarnedAED 251.25

Analyzing the Card’s Strengths and Weaknesses:

  • Strengths:
    • High fuel cashback, ideal for frequent drivers.
    • RTA benefits for savings on public transport costs.
    • International cashback for travellers and online shoppers.
    • No minimum spend, making rewards accessible for everyday purchases.
    • Nol card integration for added convenience.
  • Weaknesses:
    • Lower cashback on non-fuel spends compared to some competitors.
    • AED 500 annual fee, which may outweigh benefits for low spenders.
    • Limited coverage for ENOC/Emarat may not suit those using other petrol stations.

Who Should Consider the Emirates Islamic Cashback Card:

  • Frequent drivers relying on ENOC/Emarat.
  • Regular RTA users seeking cashback on transport expenses.
  • Travellers and online shoppers looking to maximize international cashback.
  • Individuals desiring a convenient Nol card solution with cashback benefits.

Exploring Alternatives:

  • Emirates Islamic Cashback Plus: Higher cashback on supermarkets, education, dining, and telecom.
  • Switch Cashback: Tailor your rewards by choosing cashback categories like travel or lifestyle.
  • Standard Chartered Cashback World: No annual fee, albeit with lower cashback rates.
  • HSBC Cashback Credit Card

Conclusion: Making an Informed Decision:

Ultimately, the Emirates Islamic Cashback Credit Card with Fuel Cashback caters to a specific set of needs, particularly for those with a significant focus on fuel savings and RTA expenses. However, the best card for you depends on your unique spending habits and priorities. Consider factors such as fuel consumption, RTA usage, international spending patterns, and desired cashback categories before making your decision. With the right choice, you can unlock a world of financial rewards and convenience tailored to your lifestyle.

Shares: