Business credit cards are a great way to bring together value, security as well as flexibility. These cards help increase a business’s revenue with attractive low interest rates. A great cost saving tool, these cards ensure constant cash flow with longer periods that are interest free.
There are also a myriad of discounts and benefits that can be availed with business cards that can be used to pay utility bills and petty cash transactions.
ADCB Credit Card for Small Businesses
ADCB offers its self-employed customers with a credit card to meet their business needs. The built in features of this credit card allow businesses benefits while performing routine business transactions. The ADCB Business credit card has the following unique aspects-
- Issued to businesses and their employees, this credit card is a joint and several liability credit card
- This card is issued to businesses based on their credit assessment
- Credit limit offered on these cards are usually higher than the limits offered on personal credit cards
ADCB business credit cards are offered to small businesses and their employees, subject to completion of joining formalities and provision of the required documents. Furthermore, the business in concern must be in operation for 3 years or more at the time of application of credit card. Also, the concerned business must be operational in Abu Dhabi, Dubai or Sharjah.
ADCB business credit cards are accepted in retail outlets and ATMs that display the MasterCard logo in almost all countries across the world. These credit cards can also be used for online purchases.
The minimum payment required each months is 5% of the outstanding balance or AED 100, whichever may be higher. But, customers can choose to pay anywhere between the minimum required amount and the full amount at his/her discretion.
Al Islamic Business Credit Card
Dubai Islamic Bank presents Al Islamic Business Credit Card which is intended to offer customers with a business-friendly solutions that are innovative. These cards are offered to customers in order to enable them to meet their business goals without interferences. The card provides the holder with a multitude of privileges that aid in the smooth running of his/her business. Not just that, but it is also accepted all over the world.
Moreover, Al Islamic Business Credit Card is Sharia-compliant and does not levy any un-Islamic charges including, ‘Riba’ i.e. interest or over limit fees.
There are few variation of this card available as follows,
- Business Gold Credit Card
- Business Gold Premium Credit Card
- Business Platinum Credit Card
- Business Platinum Plus Credit Card
- Free 24/7 auto assist
- Worldwide acceptance
- Airport lounge access
- Gold privileges
- Branches and ATM network
- Health club privileges
- Utility bill payment
- Supplementary cards
- Online banking
- Instant cash
- Consolidated monthly statement
- Emirates NBD instalment plan
- SMS alerts
- 24 hours customer service
- Secure online transactions
Emirates NBD Business Card
Emirates NBD provides a business card that is part of the Emirates Business Rewards Programme. The rewards programme grants card holders with travel rewards which can be accrued if the business flies using Emirates and also provides assistance if travel is booked through emirates.com. Business Rewards Miles can be earned with every flight booked through the program. Furthermore, employees earn Skywards Miles when they fly through Emirates. This card also provides travel insurance when flights are booked via the Emirates NBD Business Card.
Additionally, in the case of loss of life, this card is provided with a credit shield that ensures that outstanding balance does not burden the card holder’s family.
Following are a list of services offered by Emirates NBD Business Card-
Mashreq Business Credit Card
Business Credit Card by Mashreq is free for life and supports up to 99 supplementary cards that can be issued to employees. Every dirham spent on the card earns guaranteed cashback. Not just that, this card also offers with 50% discount across certain categories.
Added to that, this card offers card holders with unlimited lounge access free of cost across all major airports of the Middle East. This card also grants customers with complimentary travel insurance and travel related discounts. What’s more is that Mashreq Business Credit Card offers balance transfer and also easy cash facilities at nominal rates.