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Top In UAECredit Card Articles

How to Save on Fuel, Save Money through your Credit Card?

  1. Did you recently view the news? For quite some time now, fuel prices have been rising all around the countries, with Dubai-UAE and other middle east countries having to be no exemption. This continuous high price is bound to be a financial setback for many citizens. Now, how can your credit card help in saving money?

  2. How true is it when one says that in Dubai, credit cards can offer a promising option for fuel consumers such as salaried, business people, and other motorists to save their fuel expenses? Is the cashback offered by the credit cards worth it to be considered an effective option to make buying fuel a little more inexpensive?

Are there really differences between the benefits I can get from my card?


  1. A big yes. Credit card companies offer a wide selection of card opportunities for the customers, wherein different categories of cards provide rewards on specific purchases. In addition, other transactions can garner higher rewards based on a person or a group’s spending habits. Are there differences between the benefits I can get from my card?
  2. Fuel credit cards are the essential choice for this is aimed at those who often incur significant transactions on fuel expenses. Will this help them minimize the money they spend on fuel? Yes, it can because such cards offer higher cashback, reward points, and surcharge waiver for every fuel expense.
  3. Cash backs are a great way of saving money; some cash back credit cards can offer up to 3 percent back on fuel charges, while some offer reward points that are redeemable after a specific purchase. But it is essential to keep in mind that this will only come as a significant benefit if you use your credit card while paying the entire balance every month because no amount of cashback will be valuable for you when you have a balance on your card since you will be paying for every interest on your debt.

How different are fuel cashback from fuel reward cards?


Cashback and reward points are different for two reasons. Firstly, fuel cashback offers are only available in partner outlets. Meanwhile, the availability of reward points for every transaction is found in almost every purchase. Depending on your card usage, the difference between both can be seen, but both are still ways to save on your fuel expenses.

Fuel Rewards


  1. Fuel rewards have become more prevalent in various companies but work differently. Among the common ones, though, is that it is in a percentage amount: as fuel price increases, the amount of rewards you get back also follows the growth trend. In most cases, cashback can range from 2 to 5 percent for every fuel transaction, but there are also cases where it gets as high as 10 percent. Though these benefits might sound appealing, there are a few things you need to consider, like annual spending and credit scores.
  2. Cash back percentage is often capped at an annual spend, meaning that when you have already exceeded that specific amount of fuel purchase, it can be either petrol or diesel; you will only receive 1 percent of your transactions. But, depending on your credit score, some cards can offer rewards on every purchase and sum up later on to a considerable amount.

What about a surcharge waiver?


  1. Another way that cards can help you save on fuel is through a surcharge waiver. Credit cards typically charge a transaction fee, called a surcharge, every time you buy fuel. Cards that offer surcharge waivers help you as a consumer in such a way that they reduce the charge by a certain percentage. Every bank has a predetermined amount specified that you could get a surcharge waiver, and it is essential to comprehend that the Fuel surcharge waiver doesn't entirely mean you are paying less to get the fuel. It just eliminates the extra charge if you use your credit card and saves you from the transactional fees.
  2. There are more benefits to come. Reward points, as mentioned, can be another way to save on fuel since most credit cards offer you reward points on every transaction, whether groceries, restaurants, clothes, or flight tickets which can later accumulate points. You can then use your earned reward points to buy fuel without spending any real money. When you use your credit card wisely, you can save a great deal while maximizing your financial resources, including your fuel purchases. If you don’t have a credit card yet, apply for one while considering how you can maximize your card benefits through cashback, surcharge waiver, and reward points.

Author Name: KYLENE CLAIRE AYING


Our Top-Best Recommendable Fuel Cash-Up Credit Card in the UAE


The Titanium Cash Up Credit Card
TOP REASONS TO CHOOSE

    Cash Up 3% On Fuel

    Enjoy Up-to 3% Cash Up at Supermarkets and Utilities

    Redeem Cash Up for Cashback, Pay with Points, and More

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Minimum Monthly Salary
AED 5000/-
Minimum Monthly Salary - AED 5000/-

    First-year Free* - you save AED 200 on the annual membership fee. The best part is that you will continue saving on this fee if your yearly spending is AED 12,000 or more.

    Monthly Interest Rate - Up-to 3.75%

    Cash advance - 3.15% Min/105

Top Key Features

    Cash Up 3% On Fuel

    Cash Up Up-to 3% On Supermarkets

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More Benifits

    1.5% cash back on other international spends

    0.5% cash back on other domestic spends

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Product Overview

You can earn 3% Cash Up every time you fuel up, in addition to enjoying driving and commuting to work.

Note

Bigwig Marketing Management offers the best bank loan rates and information based on our efforts. The information on www.bigwiggroup.com is for informational purposes only and does not constitute advice. Verify directly with your bank/financial institution before committing yourself. We are not responsible for any contract/service you receive from such Banks/Financial Institutions/Agents.

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Have Any Question

Frequently Asked Questions

Refers to the loyalty program applicable to Deem Titanium Cash Up Credit Card under which Customer earns Cash Up based on their spend.

The conversion of Cash Up to AED is: 1 Cash Up point = 1 AED

Spend any amount of fuel and get 3% cash up

0 to 999 AED - 1%, 1000 to 1999 AED - 2%, >=2000 AED 3%

0 to 499 AED - 1%, 500 to 999 AED - 2%, >=1000 AED 3%