Guide to Choosing a Bank Card in the UAE

Guide to Choosing a Bank Card in the UAE
10 April 2024

Choosing a bank card is an important step for anyone living or working in the United Arab Emirates (UAE). The country offers a variety of banking products, and selecting the right card can significantly simplify financial transactions and enhance the quality of life.

Why is choosing a bank card important?

Bank cards have become an integral part of our daily lives, providing convenience in purchases, transaction security, and access to various financial services. In the context of the UAE, choosing the right bank card can also impact taxation, insurance, and even travel privileges.

Types of bank cards in the UAE

  • Debit cards. Debit cards allow you to withdraw cash from ATMs and make purchases without debt to the bank. They are ideal for those who seek to control their expenses and avoid debt.
  • Credit cards. Credit cards provide a credit limit that can be used for purchases and cash withdrawals. They are convenient for those who prefer payment flexibility and want to receive additional bonuses and privileges from the bank.
  • Prepaid cards. Prepaid cards allow you to preload funds onto the card and use only the available balance. This is an excellent option for those who want to control their expenses and avoid debt.

Do Russian bank cards work in the UAE?

When visiting the United Arab Emirates (UAE), it is important to remember that Visa and Mastercard cards issued in Russia will not work in local payment systems. Additionally, Mir cards are not accepted. However, some payment terminals may accept UnionPay, a Chinese payment system widely used in the UAE. If you plan to travel to the UAE, it is recommended to check with your bank or payment system about the possibility of using their cards abroad and the availability of international support.

Guide to Choosing a Bank Card in the UAE

Foreign bank cards

Foreign bank cards such as Visa, Mastercard, and American Express are accepted in the UAE. These cards have international status and can be used for purchases, service payments, and cash withdrawals from ATMs. Visa and Mastercard cards are usually accepted in most stores, restaurants, and hotels across the country. American Express is also a popular choice for those who prefer this payment system. Each of these cards has different levels, such as Gold, Platinum, and each level offers different privileges and bonuses for its owners.

Contactless payment systems

Contactless payment systems such as Google Pay, Samsung Pay, Apple Pay, and PayPal are also widely used in the UAE. They allow you to make purchases using a smartphone or a device supporting this technology, making payment even more convenient and secure.

Conclusion

Choosing a bank card in the UAE is an important step that can affect your financial stability and level of comfort. When choosing a card, consider your needs, study the terms and fees, seek assistance from specialists, and read reviews from other users. A careful approach to choosing will help you find the perfect card that meets your needs and preferences.

Don't forget that Vision Prime is ready to assist you with opening personal and corporate bank accounts in the UAE, as well as with accounting services.

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