Credit Card Application Process - Credit Card Approval Process in the UAE, Dubai

What is the Credit Card Application Process in UAE?

As mentioned earlier, the credit card application process in the UAE is fairly easy. In fact, with platforms like this and bank websites/apps, you can now apply online from the comfort of your home. 

Here’s how the process works — 

With Paisabazaar UAE

Applying through this platform is highly convenient. You can find and compare the top cards from the leading banks in the UAE. No need to jump multiple tabs — apply for the best cards here! Here’s how:

(1) Head to the ‘credit card in UAE’ section

(2) Fill in your details, which can include your 

• Emirate
• Nationality
• Monthly salary
• Nationality
• Contact details

(3) Once done, you will find the most relevant cards on your screen 

(4) Use filters to find cards across specific categories like 

• Cashback
• Fuel
• Travel
• Dining
• Utility bills and more

(5) Explore the key features of your chosen card(s)

(6) You can even compare multiple cards

(7) After selecting the most suitable card, click on ‘Apply Now’ and follow the steps!

Through Bank Websites and Apps

You can also apply through the official app or website of your favourite bank. Simply locate your chosen card and apply for it. However, to explore the card and compare your options, you need to read the fine print and jump between multiple sites. 

Via Branch Visits 

In the offline process of getting a credit card, you go to your nearest bank branch and ask to apply for a card. However, this can be time-consuming and require you to deal with multiple brochures. 

Eligibility Criteria and Documents Required for Credit Cards in UAE

A key part of the credit card application process is the check for eligibility and documents. Although each bank has different requirements, it’s important to know at least the basic ones before applying. 

Here are the general eligibility requirements for cards — 

• Age: Minimum 21 years
• Residency: Both expats and nationals can apply, although expats may require additional documents like a valid residency visa 
• Income: Minimum AED 5,000 per month for standard cards
  • Premium cards may require a salary of AED 15,000 or above 
• credit Score: Banks ask for a good score for easy approvals 
• Employment: Both salaried and self-employed applicants can apply 

Document Requirements

Find below the standard documents for the credit card application process in UAE —

• Emirates ID
• Passport + residence visa (for expats) 
• Salary slip/certificate (for salaried applicants)
• Bank statements for the previous 3 or 6 months
• Trade licence (for self-employed individuals) 

How Does the Credit Card Approval Process Work?

After you apply, banks check a few details. This helps them decide whether to approve or reject your application, the credit limit (if approved), and more. Here’s how the credit card approval process typically looks — 

• Document Verification: Banks verify all your documents to ensure their validity and completeness.
• Credit Assessment: The bank requests your credit history and score from AECB. This helps them check your creditworthiness. Note that a good score leads to higher chances of approval.
• Income and Employment Evaluation: Banks analyse the submitted documents for the stability of income and repayment capabilities.
• Risk and Compliance Checks: Internal credit checks are also conducted. This ensures compliance with regulations.
• Approval Decision: The bank either rejects or approves the application with the set credit limit. This decision is based on the assessment discussed above.
• Card Issuance and Delivery: The bank processes the card and delivers it to your address once approved. This process usually takes 1-2 weeks.

Note: A few banks also offer instant online approvals and virtual cards after digital verification. 

How Long Does it Take to Get a Credit Card in UAE?

How long the process of getting a credit card takes varies as per the bank and the applicant. However, here’s a general timeline — 

• Standard Processing: It takes a maximum of 3 to 5 business days for approval. The card delivery typically takes 1 to 2 weeks.
• Digital Applications: This is usually done in a few hours or on the same day. Some banks may offer accelerated delivery — typically within 2 to 4 working days.
• Additional Checks: If your documents or details are incomplete, the whole process gets delayed. Here, the bank may ask you for additional details. 

Common Reasons for Delayed Credit Card Approval Process or Rejections in UAE

While we know the credit card application process, it’s important to know things that can delay your application. Here are the major factors —

1. Low credit score or a poor credit history reported by AECB 
2. Income below the minimum salary requirement 
3. Incomplete, incorrect, or unverified documents
4. Poor debt-to-income ratio and high existing debt 
5. Employment instability

To avoid all such issues and ensure smooth approvals, here’s what you can do — 

1. Maintain a good credit score in UAE
2. Check the eligibility requirements before applying — don’t apply if your salary is below the minimum requirement
3. Maintain a low debt-to-income ratio
4. Keep your credit utilisation ratio low

Frequently Asked Questions