Credit cards have undoubtedly become an inevitable thing in our lives. Some of the most significant purchases of our lives depend upon our credit score, which is built based on credit history. Whether buying a new house or car or surprising your partner with a flamboyant holiday abroad all of this requires you to have a credit card.
For all these enticing benefits of having a credit card, all you need to do is to pay the bills on time. Always cut your dress according to your cloth. The interesting bit is that Deem offers 3 categories of credit cards specially customized per your needs and spending. Now you can upgrade your lifestyle by earning something back every time you make a transaction with the Deem credit card.
With this credit card, you can have the freedom to make big transactions without denting your savings account balance.
Features of Deem Finance Credit Card
The Deem Credit Card offers a variety of features and benefits to its cardholders, including:
- Rewards program: The Deem Credit Card offers a rewards program that allows cardholders to earn points for every purchase they make. These points can be redeemed for various rewards, including cashback, discounts on purchases, and travel.
- No annual fee: The Deem Credit Card does not charge a yearly fee, which can be significant savings for cardholders.
- Credit limit: The Deem Credit Card has a credit limit of up to AED 50,000, which can help make large purchases or emergencies.
- Contactless payments: The Deem Credit Card is equipped with contactless technology, allowing cardholders to make payments quickly and easily without swiping or inserting the card.
- 24/7 customer service: The Deem Credit Card offers 24/7 customer service to its cardholders, which can be helpful in an emergency or if a card is lost or stolen.
Benefits of Deem Finance Credit Card
Here are a few benefits of Deem finance credit card:
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Speed up your earnings with cash up
Whenever we make transactions from our regular debit cards, we don’t realize how much we are missing out on.
With Deem credit card, you earn something every time you make a transaction. This card offers cash-ups on airline tickets, shopping, entertainment spending, groceries, and fuel. So don’t be just a spendthrift, be a smart spender and bag all the cash ups, no matter where you spend the money.
- Earn up to 10% on airline tickets and shopping
- Earn up to 5% on entertainment spends
- Earn up to 3% on groceries and fuel.
2. Save when you indulge.
Now you will say yes to every plan your friends make because, with the benefits of Deem finance credit card, you can splurge your money on things that are your wants. So now is the time to stop imagining and make your dream lifestyle real.
Whether going to that fancy spa or lavish dinner night, no matter where you spend, you won’t regret it. Now you will be saving every time you swipe your card.
3. Redeem the cash up at leisure
After building up a cash-up on all your transactions, you can choose to exchange your cash-up with something of your interest.
In short, you can cash up for something your like. You may choose to include cashback credit on your statement and online gift vouchers from your favorite brands, or you can even use your cash up to pay for your future purchases.
4. Pick a credit card as per your needs or lifestyle.
Deem offers 3 categories of credit cards, Titanium, platinum, and world. All 3 are customized as per individual needs.
These cards come with various benefits and offer you cash-ups on the transactions you mostly tend to make. Be it daily spending or travel expenses. Deem offers the benefits that will help you opt for the lifestyle of your choice.
- Titanium- Up to 3% accelerated Cash Up on your everyday spend.
- Platinum- Up to 10% accelerated Cash Up when you shop for things you love. Get more information about the Deem Platinum Credit card from this article.
- World- Up to 10% accelerated Cash Up when you spend on air tickets.
So to be a smart spender, rather than just being a spender, apply for your Deem finance credit card and turn your dream lifestyle into a real one.
Fees
While the Deem Credit Card has several features and benefits, it also has some fees that cardholders should be aware of. These fees include the following:
- Interest rate: The Deem Credit Card has an interest rate of 3.5% per month, which can be higher than other credit cards.
- Cash advance fee: The Deem Credit Card charges a cash advance fee of 3% of the amount withdrawn, with a minimum fee of AED 50.
- Late payment fee: The Deem Credit Card charges a late payment fee of AED 150 if payment is not received by the due date.
- Over-limit fee: The Deem Credit Card charges an over-limit fee of AED 150 if the cardholder exceeds their credit limit.
Customer Service
One of the most important factors to consider when choosing a credit card is the quality of customer service.
The Deem Credit Card offers 24/7 customer service to its cardholders, which can be helpful in an emergency or if a card is lost or stolen. Cardholders can contact customer service via phone, email, or the Deem Finance website.
The Deem Credit Card is a good option for those looking for a rewards program and no annual fee. However, it has a higher interest rate and different prices, so weighing the benefits and drawbacks before applying is essential.
Additionally, the quality of customer service is also a strong point of the card. Overall, the Deem Credit Card is a solid choice for UAE residents, but it’s essential to consider personal needs and spending habits before making a decision.
FAQs
- Who is the owner of Deem Credit Card?
Deem Credit Card is owned by Deem Finance, a financial services company based in the United Arab Emirates.
2. How do I use my Deem Credit card?
You can use your Deem Credit card to make purchases at merchants that accept credit card payments. You can also use it to withdraw cash at ATMs, pay bills online or over the phone, and make balance transfers.
3. How do I close my Deem credit card?
To close your Deem credit card, contact Deem Finance customer service via phone, email, or their website. Provide them with your card details and request for card closure. Make sure to clear any outstanding balance before closing the card.
4. What is Deem double secure?
Deem Double Secure is a security feature offered by Deem Finance for Deem Credit cardholders. It provides an additional layer of security when making online transactions by sending a One-Time-Password (OTP) to the cardholder’s registered mobile number or email address, which must be entered to complete the transaction.
5. Can I get a Deem Credit Card if I am self-employed?
Yes, self-employed individuals can apply for a Deem Credit Card. However, you will need to provide proof of income and creditworthiness to the lender during the application process.
6. Can I check my Deem Credit Card balance online?
You can check your Deem Credit Card balance online by logging into your account on the Deem Finance website. You can also check your balance by calling the customer service number or visiting an ATM.
7. Are there any benefits to using a Deem Credit Card?
Yes, there are several benefits to using a Deem Credit Card. These include a rewards program, no annual fee, a high credit limit, contactless payments, and 24/7 customer service.
Conclusion
Credit cards have become a popular form of payment in the United Arab Emirates (UAE), and with so many options, it can be overwhelming to decide which is right for you.
One option to consider is the Deem Credit Card, issued by Deem Finance. This card offers a variety of features that can be beneficial for cardholders, including a rewards program, no annual fee, a high credit limit, contactless payments, and 24/7 customer service.
This article provided a comprehensive review of the Deem Credit Card, including its features, benefits, fees, and customer service. It will help individuals understand the card’s offerings and make an informed decision before applying.
