Credit Cards

How is Credit Card interest calculated?

How is Credit Card interest calculated?

  While most people have a very good understanding of what a credit card is and that they incur interest...
What are some common credit card related terms?

What are some common credit card related terms?

APR APR is a term that you would come across frequently in the context of credit cards.  It is short...
What are Islamic credit cards and how are they different?

What are Islamic credit cards and how are they different?

Islamic credit cards were introduced because ribaa (the Arabic word for interest) is forbidden in Islam.  These cards work a...
What are the different types of credit cards available in the UAE?

What are the different types of credit cards available in the UAE?

While there are no general fixed definitions of types of credit cards available, based on the kind of key feature...
What are the different types of credit cards Rewards?

What are the different types of credit cards Rewards?

Credit cards rewards can be categorized based on the nature or type of features they offer to customers.  Many cards...
What are Supplementary credit cards?

What are Supplementary credit cards?

Supplementary credit cards are credit cards issued by the bank to you based on your request for them.  Supplementary cards...
How can I avoid incurring any interest charges on my credit card?

How can I avoid incurring any interest charges on my credit card?

Contrary to popular belief credit cards are not the evil debt traps that they are often made out to be....
What are the differences between a credit card and a debit card?

What are the differences between a credit card and a debit card?

  A debit card can be used at a retailer in a much the same manner as how a credit...
What are the advantages and disadvantages of using a Credit card?

What are the advantages and disadvantages of using a Credit card?

  Credit cards are frequently accused of being stress inducing debt traps forced on gullible, unsuspecting customers!  However, if managed...
How does a credit card work?

How does a credit card work?

Banks & financial institutions that issue credit cards do so based on a review of applications submitted by customers which...
What is a Credit Card?

What is a Credit Card?

Credit cards are a form of lending offered by banks and financial companies to provide customers the option of purchasing...
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