Emirates NBD Credit Card Advantages to Enhance your Shopping Experience

Did you know credit cards could enhance your shopping experience? Apart from the buzz behind credit cards carrying offers and rewards, there are other benefits from dispute resolution to payback options, owning a credit card gives you more advantages when shopping.

Let’s have a look at some of the advantages of credit cards which can enhance your shopping experience:

1. Fraud prevention

Since a credit card is separate from your debit card; using more of your debit card exposes your primary account to frauds. Whereas credit cards are the banks funds, hence using them keeps your primary account safe.

2. Offers and rewards

Credit cards offer cashbacks on your monthly spends, these offers are available on groceries, utility payments, fuel, flight tickets etc. Seasonal offers bring about more cashbacks on spends, this way you can spend, save and earn. The Lulu 247 Platinum Credit Card offers a 7% cashback on your daily spends.

3. Payment in installments

When you make high-value purchases and you are not in a position to make immediate payments, some credit cards allow you to pay off these debts in the form of monthly payments, also known as equated monthly installments (EMI). These installments can be paid in tenures ranging from 3 months, 6 months, 9 months, 12 months or even more depending on the card or the vendor you made the purchase from.

4. Credit score

Having a good credit score helps especially when applying for a loan or even a credit card. Why does a good credit score matter? A credit score basically measures your ability to repay the credit you have borrowed. No bank or financial institution will lend you money or offer you a credit card if you don’t have a good credit score. Read this article from Emirates NBD to see how you can improve your credit score.

5. Dispute resolution

Credit cards offer you faster dispute resolution, especially in a situation where you have paid a merchant and they have not provided you the services. You can raise a dispute, where in the funds will be credited back to your account, while the bank or financial institution investigates the issue. In comparison to debit cards, the account holders will find it very difficult to resolve such an issue.

While credit cards do offer many advantages over debit cards, it is important to be mindful while using the credit. As there may be different charges, fees and over-expenditure could result you in a lump of debts. Hence, do your research compare different credit cards and choose one which matches your lifestyle, needs and budget.

Apply now and make the most of your benefits!