How to Choose the Right Prepaid Card In UAE With Great Dubai
Prepaid Card
|
Prepaid Card |
Card Validity |
Multi-Currency Support |
Online Management |
Rewards Program |
|
Emirates NBD – Liv. Card |
3 years |
No |
Yes, through Liv. app |
Yes, cashback and rewards on spending |
|
ADCB – Hayyak Prepaid Card |
5 years |
No |
Yes, via ADCB mobile app |
No rewards program |
|
HSBC – Global Money Card |
4 years |
Yes, supports multiple currencies |
Yes, through HSBC online banking |
No rewards program |
|
FAB – Al Hilal Prepaid Card |
3 years |
No |
Yes, via FAB app |
No rewards program |
|
Mashreq – Prepaid Card |
5 years |
Yes, supports multiple currencies |
Yes, through Mashreq online banking |
Yes, rewards program for selected purchases |
In this fast-paced and digital world, the Prepaid card is very important for you to manage your money. It is a reliable way to control your spending and allow you to avoid debt. Moreover, it offers you the flexibility to purchase anything without using your main bank account. In this detailed blog, we will discuss what a Prepaid card is, its benefits, and the types of cards in the UAE.
What is a Prepaid Card
It is a type of payment card that you can use after loading with a set amount of money. Furthermore, it is not like a debit card or credit card that links with your main bank account. In the UAE, you can use prepaid cards for different purposes like gift giving or managing your budget. When your amount is finished from your card then you have to reload or stop using it. The prepaid card comes in different forms like physical plastic and Digital cards.
How do prepaid Cards work?
In the UAE, if you are willing to use a prepaid card the process is smooth and comfortable.
Purchase and load funds
-
You can easily buy a prepaid card from a bank or any retailer in the UAE.
-
After purchasing, you have to load the amount in it according to your needs. For this purpose, you can use ATMs or do it online.
Use the card
Prepaid cards are easy to use like credit or debit cards in this vibrant country. Whether you want to buy anything online or physically, it offers you comfort and peace of mind.
Reload the card
When your balance in the card is low then it is vital to reload it. Moreover, reloading saves your time and avoids hassle. This process is simple like the initial load.
Monitor your balance
Always keep tracking your balance as it is helpful to avoid running out of funds. For this purpose, different cards in the UAE provide the option of online or mobile app access. Here you can check your balance and transaction history.
Must Read: How to Check Your Hafilat Card Balance: A Step-by-Step Guide
Benefits of Prepaid Card
In the UAE, prepaid cards offer an extensive range of benefits to its users
Control overspending
If you avail of the option of a prepaid card, you can spend only the money that you loaded onto the card. Moreover, it is helpful for you to manage your budget and avoid overspending.
No bank account required
Whether you have a bank account or not, you can use this vital card comfortably. Furthermore, it is very useful for those people who do not prefer to use their main bank account.
Reliable for online purchases
If you are aiming to purchase anything online, prepaid cards are an ideal and smart choice. Moreover, it eliminates the hassle of physically visiting a shop and provides peace of mind.
Must Read: How to Check Metro Card Balance (Quick & Easy!)
Types of Prepaid Cards in the UAE
|
Prepaid Card |
Issuance Fee |
Reloading Fee |
Transaction Fees |
Other Fees |
|
Emirates NBD – Liv. Card |
AED 15 |
Free for first reload, AED 1 per subsequent reload |
Free for in-store purchases, AED 2.5 for ATM withdrawals |
AED 10 monthly maintenance fee if inactive for 6 months |
|
ADCB – Hayyak Prepaid Card |
AED 10 |
AED 2 per reload |
Free for domestic purchases, 2% for foreign transactions |
AED 50 for card replacement |
|
HSBC – Global Money Card |
AED 25 |
AED 5 per reload |
AED 3 per ATM withdrawal, 3% for foreign transactions |
AED 15 monthly fee if balance is below AED 100 |
|
FAB – Al Hilal Prepaid Card |
AED 20 |
AED 2 per reload |
Free for domestic use, AED 5 per international ATM withdrawal |
AED 75 annual fee |
|
Mashreq – Prepaid Card |
AED 30 |
Free |
Free for purchases, 2.5% for foreign currency conversion |
AED 20 inactivity fee after 12 months |
In the UAE, you can experience a wide range of prepaid cards and each has its own features and benefits. Here are some popular cards that are helpful for you:
Emirates NBD-liv card
It is a digital prepaid card that is used for online and in-store purchasing. Moreover, it is linked to the Liv app.
ADCB-Hayyak Prepaid card
This prepaid card is designed for easy payments and budgeting in the UAE.
FAB-Al Hilal Prepaid card
This card was introduced by the first Abu Dhabi Bank and is used for online shopping and to manage daily expenses. Moreover, it offers flexibility and control over spending.
Mashreq-Prepaid card
In the UAE this prepaid card is used for both domestic and international transactions.
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