List of Best Balance Transfer Credits Cards in UAE

Navigating credit cards can be overwhelming, but don’t worry – we’ve done the homework for you. Whether you’re looking to consolidate debt, save on interest, or just want to be a savvy credit card user, we’ve rounded up the top balance transfer credit cards available in the UAE. 

So, let’s kick back, explore the features, perks, and things to consider with these credit card transfer balances, and ensure you’re armed with all the info you need to make the right financial moves.

By making the right choice among the best balance transfer credit cards in the UAE, you can take a significant step towards accelerating your debt repayment journey and regaining control of your financial well-being. Let’s dig in!

What is a Balance Transfer Credit Card?

A balance transfer credit card is a financial tool that allows you to transfer the outstanding debt balance from one credit card to another. The primary purpose of a balance transfer is to take advantage of lower interest rates or promotional offers, which can help you save money on interest payments and simplify your debt repayment process.

When you transfer a balance from one credit card to another, the new credit card issuer pays off the debt on your old card, effectively assuming the responsibility for that debt. As a result, you owe the new credit card issuer the transferred balance, usually at a lower interest rate or even at a promotional 0% APR (Annual Percentage Rate) for a specific introductory period.

The key benefits of using a balance transfer credit card include:

• Lower interest rates: Balance transfer credit cards often have lower interest rates than your existing credit card. This can help reduce the overall interest you pay and potentially save you money over time.
• Promotional offers: Many balance transfer credit cards offer promotional periods with 0% APR. During this period, you won’t incur any interest charges on the transferred balance, allowing you to pay down the principal amount more quickly.
• Debt consolidation: By transferring balances from multiple credit cards onto a single balance transfer credit card, you can consolidate your debts into one manageable payment. This simplifies your financial obligations and makes it easier to track your progress in paying off your debt.
• Potential savings: A balance transfer credit card can help you save money on interest payments through lower interest rates and promotional offers, allowing you to pay off your debt faster and more efficiently.

However, it’s important to note that balance transfers often come with certain fees, such as a balance transfer fee, typically a percentage of the amount transferred. Additionally, the promotional period may have a limited duration, after which the interest rate may increase. It’s crucial to carefully read and understand the terms and conditions of the balance transfer credit card before deciding.

How do you use these Credit Cards to Transfer Balance?

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Using a credit card to transfer a balance is a relatively straightforward process. Here’s a step-by-step guide on how to transfer a outstanding debt balance to a balance transfer credit card:

• Research and choose a suitable balance transfer credit card: Start by researching different balance transfer credit card options available to you. Look for cards that offer favorable terms such as low or 0% introductory APR, longer promotional periods, and reasonable balance transfer fees. Evaluate the features and benefits that align with your needs.
• Check your eligibility: Review the eligibility criteria for the chosen balance transfer credit card. Ensure that you meet the requirements, such as having a good credit score, stable income, and any other specific criteria the credit card issuer sets.
• Apply for the credit card: Once you have selected the desired balance transfer credit card, submit your application. This can typically be done online through the credit card issuer’s website. Provide the necessary personal and financial information as requested.
• Specify the amount to transfer: After your credit card application is approved, you will receive your new balance transfer credit card. Contact the credit card issuer or visit their online platform to initiate the balance transfer process. Specify the amount you want to transfer from your existing credit card(s) to the new balance transfer credit card. It’s important to note that the transfer amount is usually subject to a maximum limit, which may be a percentage of your credit limit on the new card.
• Provide the required information: You will need to provide the information of the credit card(s) from which you wish to transfer balances. This typically includes the card issuer’s name, account number, and the amount you want to transfer from each card.
• Review and confirm the transfer details: Carefully review the transfer details, including the amount, fees, and any applicable promotional periods. Ensure that you understand the terms and conditions associated with the balance transfer.
• Complete the balance transfer: Once you have reviewed and confirmed the transfer details, submit the request to complete the balance transfer process. The credit card issuer will initiate the transfer and pay off the balances on your old credit card(s) using your new balance transfer credit card.
• Monitor and manage your new credit card: Keep track of your new balance transfer credit card and make timely payments to avoid late fees or penalties. Take advantage of the promotional period, if applicable, and strive to pay off the transferred balance within that timeframe.

Remember, it’s essential to continue making at least the minimum payments on your old credit card(s) until the balance transfer is confirmed and reflected in your account. Also, be mindful of any applicable balance transfer fees, usually a percentage of the amount transferred.

Popular Balance Transfer Credits Cards in UAE

Abu Dhabi Commercial Bank Talabat ADCB Balance Transfer Credit Card

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With this credit card, you can enjoy a generous 35% cashback on your first ten Talabat orders every month, each capped at AED 35, resulting in a total monthly cap of AED 350. Additionally, a welcoming AED 500 bonus in Talabat credit awaits you, provided you spend a minimum of AED 2,500 within 45 days of card issuance. 

The Talabat credit earned from eligible purchases will be credited to your Talabat Pay account in the first week of the following month. Moreover, the card offers unlimited free delivery on all Talabat Pro orders with a minimum order value of AED 50 for food and AED 100 for Talabat Mart, groceries, and pharmacy.

Plus, you can express your unique style with their Talabat Credit Card by choosing from seven different card designs, whether you’re a health enthusiast, comfort eater, or daring foodie. Elevate your travel experience with unlimited complimentary access to over 20 airport lounges worldwide for you and your supplementary cardholders. 

To make the most of this perk, simply download the “Mastercard Travel Pass” app, register your card, and use the app to locate lounges near you while confirming eligibility for complimentary visits. Present the app’s QR code at the lounge reception for easy access.

Additional Benefits:

• Mobile and Digital Wallets: Convenient payment options tailored to your lifestyle.
• Credit Shield: Complimentary life cover for added security.
• Card Control: Have complete control over your card transactions.
• School Fee Payments: Convert school fees into a 0% Interest Payment Plan.
• FlexiPay: Repay balances conveniently in monthly payments.
• Balance Transfer: Transfer outstanding balances from other bank credit cards.
• Credit Card Loan: Enjoy a zero-interest rate and repay in easy instalments of up to 12 months

How to Apply:

1. Apply Online

• Visit the online application portal here.
• After clicking the link, you will be directed to a form specifically for new users. 
• Then, fill in the required personal details.

2. Request Callback

• If you are an existing ADCB customer, visit the link here and choose the ‘Request Callback’ option.  Once prompted, select  “Yes”  if you are an existing ADCB user. Otherwise, select “No.
• Enter your Customer ID and other necessary details until you are instructed to submit. 

3. Contact Centre

• Call the 24-hour contact centre at 600 50 2030.
• Speak with a customer service representative to inquire about the Talabat ADCB Credit Card.
• Express your interest in applying for the card.
• Provide any required information as guided by the representative.

4. Apply through SMS

• Open the messaging app on your mobile phone.
• Type ‘Talabat’ as the message and send it to 2626
• Send the SMS to 2626 from your registered mobile number.

5. Visit them personally

• If you prefer face-to-face assistance, locate the nearest ADCB branch.
• Inform the staff that you are interested in applying for the Talabat ADCB Credit Card.
• The ADCB staff will guide you through the application process.

Abu Dhabi Commercial Bank ADCB 365 Cashback Credit Card

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To qualify for cashback rewards on this card, a minimum monthly spend of AED 5,000 is required, with a maximum monthly cashback limit of upto AED 1,000 on the card. A welcome bonus of AED 365 is available, contingent on a minimum spend of AED 5,000 within the initial 45 days.  This bonus is credited as cashback within 90 days of card issuance, provided the spending criteria are met. Starting from the second year, an annual fee of AED 383.25 (including VAT) applies to the primary credit card.

Elevate your movie nights with the ADCB 365 Cashback Credit Card at VOX Cinemas for additional perks. Experience the thrill of the latest movies across categories like IMAX, Standard, MAX Standard, and more. Enjoy a fantastic buy-one-get-one-free offer, allowing you to snag up to four complimentary tickets per month per card. 

Additionally, relish a 25% discount on select meals at the candy bar. For a cinematic snack upgrade, present your eligible ADCB card covered under the Buy 1 Get 1 movie ticket offer to enjoy a larger size of popcorn and soft drink at VOX Cinemas’ candy bar. Beyond the cinema, explore the world and save up to 12% on over 985,000 hotels and vacation rentals worldwide with Agoda.

Additional Benefits:

• Mobile and Digital Wallets: Convenient payment options tailored to your lifestyle.
• Credit Shield: Complimentary life cover for added security.
• Card Control: Have complete control over your card transactions.
• School Fee Payments: Convert school fees into a 0% Interest Payment Plan.
• FlexiPay: Repay balances conveniently in monthly payments.
• Balance Transfer: Transfer outstanding balances from other bank credit cards.
• Credit Card Loan: Enjoy a zero-interest rate and repay in easy instalments of up to 12 months
• Instalments Payment Plans: visit offers.adcb.com. For a detailed list of participating partners.

How to Apply:

1. Apply Online

• Visit the online application portal here.
• After clicking the link, you will be directed to a form specifically for new users. 
• Then, fill in the required personal details.

2. Request Callback

• If you are an existing ADCB customer, visit the link here and choose the ‘Request Callback’ option.  Once prompted, select  “Yes”  if you are an existing ADCB user. Otherwise, select “No.
• Enter your Customer ID and other necessary details until you are instructed to submit. 

3. Contact Centre

• Call the 24-hour contact centre at 600 50 2030.
• Speak with a customer service representative to inquire about the ADCB Credit Card.
• Express your interest in applying for the card.
• Provide any required information as guided by the representative.

4. Apply through SMS

• Open the messaging app on your mobile phone.
• Type  ‘365’ as the message and send it to 2626
• Send the SMS to 2626 from your registered mobile number.

5. Visit them personally

• If you prefer face-to-face assistance, locate the nearest ADCB branch.
• Inform the staff that you are interested in applying for the ADCB 365 Cashback Credit Card.
• The ADCB staff will guide you through the application process.

Emirates NBD MasterCard Titanium Balance Transfer Credit Card

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With this card, you can earn up to 1 Plus Point for every AED 100 spent, unlocking a world of rewards. Enjoy complimentary access to over 10 VIP lounges, making your journey as enjoyable as the destination. Take advantage of enticing Buy 1 Get 1 offers across numerous brands and outlets throughout the Middle East & Africa. 

The card also offers job loss cover up to AED 60,000 for up to 12 months, providing financial security. As a special offer, there are currently no annual fees. Earn Plus Points with varying rates for different spends, including supermarkets, fuel, and more. 

Benefit from a competitive interest rate of 3.25% per month, with a minimum payment of 5% of the outstanding amount or AED 100, whichever is higher. Embrace a card designed for your unique lifestyle and enjoy various exclusive benefits.

Additional Benefits of MasterCard Titanium Balance Transfer Credit Card:

• Airport lounge access- Complimentary lounge access to over 10 Marhaba and CAC lounges in UAE, KSA, Jordan, Kuwait and Egypt.
• Contactless Payments– Make secure, cashless payments using your compatible phone or wearable.
• Auto Salik top-up– Drive easy with Salik auto top-up
• New Credit Shield Pro- Secure your life with enhanced benefits
  • 0.99%- Monthly fee of your Card’s outstanding balance
  • Up to AED 300,000- Decease cover per cardholder
  • AED 100-Pay out per day in case of hospitalisation
  • Up to AED 60,000- Job loss cover for up to 12 months or until re-employment

• Easy instalment plans- Purchase electronics, jewellery, home décor, travel, and entertainment tickets from eligible merchants and settle payments over 3, 6, 12, or 24 months with 0% interest.
• Exclusive deals- Dining, Shopping, Travel, Goodtimes, 0% Installments. View here.

Requirements and Documents:

• Minimum salary required: AED 5,000
• Original Emirates ID and copy with passport copy
• Latest salary certificate for salaried individuals
• Trade license for non-individuals
• Latest 3-month original bank statements (or mini ATM statements)
• Security cheque

Credit Card Limit Increase:

• Original passport and copy with visa page
• Emirates ID and copy
• Salaried individual banking with ENBD:
  • Latest salary certificate (not more than 1 month old)
  • Pay slip in case the salary variance is over 10%
• Non-salaried banking with ENBD
  • Latest salary certificate (not more than 1 month old)
  • Pay slip in case of salary variance over 10%
  • Latest 3 months’ original bank statements
• Self-employed
  • Valid trade license
  • MOA (Memorandum of Association)
  • Latest 3-month bank statement of the company (from Emirates NBD or any other bank)

Supplementary Credit Card Application

• Emirates ID or passport of the supplementary card applicant
• Original credit card of the primary cardholder

Note: For fees, click here.

Mashreq Bank Platinum Elite Balance Transfer Credit Card

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Experience a plethora of exclusive benefits with the Mashreq Platinum Elite Credit Card. Spend a minimum of AED 7,000 in the previous billing cycle to revel in complimentary access to Fitness First with up to 8 visits per month. Earn Salaam Points on all your local and international expenditures, with 5 points per AED on international spending, 3 points per AED on dining and supermarket purchases, and 1 point per AED on other local expenses. 

As a welcome gesture, new cardholders can receive AED 1,500 when spending AED 7,500 or more in the first 2 months, while existing cardholders can enjoy an AED 200 welcome bonus. Additionally, savour the luxury of free airport transfers in Dubai and Abu Dhabi, accessible by spending AED 7,000 or more in the previous billing cycle.

Additional Benefits:

• Lounge Access: Enjoy access to 1000+ lounges worldwide by spending AED 7,000 or more in the previous billing cycle.
• Platinum Card Movie Theatre Feature: 50% discount on VOX, Reel, and Novo Cinemas movie tickets. 
• Mashreq Salaam program- spend and earn rewards.
• Travel Easy: Exclusive travel offers for peace of mind and savings.
• Visa Offers: Exclusive deals and offers from Visa.
• Easy Payment Plan: Enjoy the freedom to buy now and pay later with the Easy Payment Plan.
• No Hidden Fees
  • Annual Fee: Primary Card: AED 650 + 5% VAT
  • Supplementary Card: AED 149 + 5% VAT
  • Interest rates: 3.85% p.m
  • Monthly minimum payment: 5% of your monthly statement balance
  • PayProtect insurance: 0.99% of your monthly statement balance (+ 5% VAT)

Eligibility:

Your monthly income should be a minimum of AED 7,000.

How to Apply for Mashreq Bank Platinum Elite Balance Transfer Credit Card?

1. Authenticate:

• Begin the application process by authenticating your identity.
• Provide your mobile number, including the country code (+971), and your email address.
• Expect an SMS with a 6-digit code sent to the mobile number you provided.

2. Enter Authentication Code:

• Enter the received 6-digit code to verify and authenticate your mobile number.

3. Personal Details:

• Fill in your details as required, ensuring accuracy and completeness.

4. Employment Details:

• Provide information about your employment status and details.

5. Address Details:

• Enter your residential address details.

6. Confirmation:

• Review the information provided in the previous steps.
• Confirm that all details are accurate before proceeding.

7. Preferences:

• Specify any preferences or additional information as required.

8. Final Confirmation:

• Confirm your application, and agree to be contacted for further completion if necessary.
• Submit your application.

ADIB Value+ Balance Transfer Credit Card

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The ADIB Value+ Card offers a top-notch and highly flexible rewards program, allowing users to redeem points for shopping vouchers or flights on any airline to any destination at any time. Key benefits include rewards for local and international spending, the option to withdraw 100% of the finance limit as cash, and access to airport lounges across the GCC/MENA region. 

The ADIB Rewards Program allows users to earn 1 reward point for every AED spent domestically and 2 reward points for every AED spent internationally. These points can be utilised for airline tickets or shopping mall vouchers in Abu Dhabi and Sharjah. 

Additionally, cardholders can enjoy various exclusive experiences through the Priceless Arabia offers, covering dining, shopping, sports activities, and travel benefits. For more information, users can call 600 543216 to redeem their reward points for shopping mall vouchers.

Additional Features/Benefits:

• Complimentary Lounge Access: Unlimited access to select Airport Lounges across the GCC by presenting the ADIB Value+ Card.
• Managing Your Account: Access your Card statement and transact on your Card via ADIB Online Banking
• 24×7 Phone Banking: Call 04-4286000 for quick and secure account access.
• E-Statements: Receive eco-friendly statements via email.
• SMS Alerts: Stay informed with Card information and transaction alerts.
• Bill Payments: Pay bills for Etisalat (Landline, GSM, Wasel Recharge, eLife, and Internet) and Water/Electricity (DEWA, SEWA, ADWEA) via Online Banking or Phone Banking at 04-4286000.
• Balance Transfer: Utilise the Balance Transfer facility by calling 600 543216.
• Cash on Call: Transfer cash from your Card to a selected bank account by calling 600 543216.
• Easy Installment Plan: Shop at selected merchants and pay back in easy instalment payments of 3/6/9/12 months with a 100% waiver of Murabaha Monthly Profit and no processing fees by calling 600 543216.

Eligibility:

• Minimum Salary- AED 5,000

 Required Documents for ADIB Value+ Balance Transfer Credit Card:

• ​Original and copy of valid passport
• Original and copy of valid Emirates ID
• Bank account statement (last 3 months)
• Salary certificate from current employer​ (not more than 30 days old)​

Fees and Charges:

• Covered Card Annual Fee – Free
• 5th Supplementary Card Annual Fee – 250
• Monthly Profit Rate (W Salary Transfer) – 2.99%
• Monthly Profit Rate (W/O Salary Transfer) – ​3.09%

How to Apply for ADIB Value+ Balance Transfer Credit Card:

• Online- Click here to apply, follow all prompts and input all necessary personal information.
• Visit a Branch– Inform the staff that you are interested in applying, and they will guide you through the application process.

HSBC Advance Balance Transfer Credit Card

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Experience a world of travel and rewards with the HSBC Advance Credit Card. Earn Air Miles on all your expenditures, allowing you to redeem them for travel and retail vouchers or exchange them for Emirates Skywards and Etihad Guest Miles. Enjoy the added benefits of no annual fee and a competitive finance charge of 3.69% per month on purchases and cash withdrawals. 

With a fixed Annual Percentage Rate (APR) of 44.28%, this card offers a seamless balance of rewards and affordability. Earn 1 Air Mile for every AED 1 spent, and take advantage of complimentary unlimited access to select airport lounges globally. 

Unleash further travel perks with discounts on Cleartrip bookings, 20% off on Avis car rentals, 20% off on 3 monthly Careem rides in the UAE, 15% discount on IHG Hotels & Resorts, up to 10% off on Budget car or truck rentals, and up to 10% cashback on hotel bookings.

Additional Benefits:

• Buy 1 Get 1 Free movie tickets every month, plus 20% off food and drink at cinemas across the UAEcinemas across the UAE.
• Enjoy a 20% discount on three Uber rides per month.
• Benefit from up to two complimentary valet parking visits in selected locations.
• Discounts at numerous dining outlets across the UAE through the I Love Dining program.
• Participate in the Home & Away program, unlocking offers on shopping, dining, and entertainment at thousands of outlets worldwide.
• Explore numerous 0% Flexi Instalment Plans and enjoy discount offers from partners across the UAE.

Eligibility:

• For new and existing HSBC Advance customers, make sure to read this first.
• Must be 18 or older, opening an account for yourself
• Not already banking with us in the UAE
• A minimum monthly salary transferred to an HSBC account of AED 15,000 or more
• A minimum monthly average balance in deposits and/or investments of AED 100,000 (or equivalent in foreign currency) or more
• Minimum salary AED 15,000

Note: A monthly service fee per account may apply if the eligibility criteria are unmet. Please refer here.

Requirements:

For UAE residents

• Physical Emirates ID
• Physical passport
• Proof of income, such as a salary certificate, bank statement dated within the last 3 months, for business owners – company’s last 3 months’ bank statements
• Proof of UAE residence address, such as a utility bill, tenancy contract, Ejari number, title deed or letter from the employer

New to the UAE

• Physical passport
• Proof of income, such as a salary certificate, bank statement dated within the last 3 months, for business owners – company’s last 3 months’ bank statements

Additional documents required for Advance by salary-based eligibility criteria:

• Original trade licence (for all self-employed customers).
• Salary certificate (for customers working in government/public sector companies).
• Salary transfer letter (for customers working in private sector companies).

How to Apply:

• Make sure to answer this checklist here.
• Complete your application online here in just 5 minutes where they will get more information regarding your eligibility and get approval in principle instantly.

RAKBANK Red Balance Transfer Credit Card

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Introducing the RED Credit Card from RAKBANK, a free-for-life card that offers exceptional value with up to 1.5% cashback on both domestic and international spending. Enjoy the convenience of no annual fees ever, making it an attractive choice for those seeking great rewards and benefits. 

Additionally, benefit from up to 80% cash advance on your credit card limit and a complimentary monthly international transfer with RAKMoneyTransfer. Indeed, this RED Credit Card is in for a rewarding and fee-free financial experience.

Additional Benefits:

• Up to 10% cash back on hotels with booking.com
• 15% off and more at IHG hotels
• 20% on car rental and upgrades on Avis
• 10 % off at Rentalcars.com
• Access to over 10 airport lounges worldwide

Note: 

Cashback or rewards are not applicable for transactions conducted through any banking channels such as IVR, Internet Banking, Mobile, CDMs, ATMs, Branches, or other RAKBANK payment channels. The maximum cashback limit per month is AED 300.

Eligibility:

• 21 years
• Citizen or resident of the UAE
• Minimum monthly salary of AED 5,000

How to Apply:

• RAKBANK Mobile App- Download the RAKBANK App and apply instantly by following the prompts and inputting all the necessary information.

1. Scan this QR code to download from Google Play Store

2. Scan this QR code to download from Apple Store

ADCB Etihad Guest Platinum Balance Transfer Credit Card

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The ADCB Etihad Guest Visa Platinum Credit Card offers an attractive rewards program, allowing users to earn up to 1.25 Etihad Guest Miles for every USD 1 spent. With a generous welcome bonus of 12,000 Etihad Guest Miles and an additional monthly bonus of 1,000 Etihad Guest Miles, cardholders can quickly accumulate rewards. It’s important to note that transactions exceeding the assigned credit limit for the card in a given month will not be eligible for earning Etihad Guest Miles. 

The card comes with an annual fee of AED 525 (inclusive of VAT), although Excellency customers enjoy a waiver, and Privilege Club members benefit from a 50% discount on the annual fee. Cardholders also enjoy complimentary airport lounge access, with three visits allowed per calendar year. Exclusive hotel privileges include automatic room upgrades, complimentary in-room Wi-Fi, daily breakfast, USD 25 food or beverage credit, and VIP guest status with late check-out until 3 pm upon request. 

Additionally, the card offers up to 20% off on worldwide car rentals when booked through www.avisworld.com/visa, applicable for both international and domestic rentals in the MENA region.

Additional Features/Benefits:

• 2-for-1 offers at top restaurants, spas, fitness outlets, and entertainment across the Middle East via the ENTERTAINER mobile application (App). Register using your email address and mobile number and add your credit card.
• Up to 30% off at over 1,400 restaurants in the UAE. Click here to know more.
• Maximum of 55 interest-free days
• Manage your credit card account 24/7 with the Mobile App and Personal Internet Banking.
• Pay  5% of your outstanding balance each month and carry the balance forward to the next billing cycle
• Set up Auto Debit Instructions
• 0% interest on School Fee Payments
• Flexipay
• Interest-free balance transfers (90 days after registration)
• Card Control Features
  • Set daily spending limits
  • Set monthly spending limits
  • Block all transactions
  • Block online transactions
  • Block in-store transactions
  • Block foreign transactions
  • Block ATM cash withdrawals

Note: For detailed fees and charges, please click here.

How to Apply:

Apply Online:

• Visit the online application portal here.
• Complete the necessary personal details as prompted.

Request Callback:

• Indicate whether you are an existing ADCB customer by selecting “Yes” or “No.”
• If you are an existing customer, enter your Customer ID and other required details here.

Contact Centre:

• Call the 24-hour contact centre at 600 50 2030.
• Speak with a customer service representative to express your interest in applying.
• Provide any necessary information as guided by the representative.

Apply through SMS:

• Open your messaging app and send the message ‘CARD’ to 2626 from your registered mobile number.

Visit Personally:

• Locate the nearest ADCB branch if you prefer face-to-face assistance.
• Inform the staff of your interest in applying for the ADCB Etihad Guest Platinum Credit Card, and they will guide you through the application process.

FAQs

Is it feasible to transfer funds from a credit card to a bank account in the UAE? 

Indeed, it is possible to transfer money from a credit card to your bank account. If your credit card carries a high-interest rate, opting for a credit card balance transfer is advisable. This not only helps in reducing interest payments but also enables savings on the money transferred from the credit card to the bank account.

Can I transfer my credit card to another card?

A balance transfer enables individuals to move their credit card debt to another card. This process helps consolidate debt, streamline payments, and may result in paying less interest.

Can you use a credit card to pay off another credit card in the UAE?

Yes, in the UAE, you have the option to pay off one credit card with another by using the balance transfer feature. Keep in mind that specific rules and regulations apply in this process.

Can I transfer money directly from a credit card to a bank account?

Certainly! You can transfer funds directly from your credit card to your bank account through the online banking app or website of many banks. It’s essential to be aware that the daily transfer limit may differ among banks, so checking with your specific bank for accurate information is recommended

Does transferring credit cards affect your credit score?

In certain scenarios, a balance transfer can have a positive effect on your credit scores, potentially reducing the amount of interest you pay over time. However, consistently opening new credit cards and transferring balances to them may harm your credit scores in the long term.