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Credit card solutions for retail business or small business

Author: Christino Albert
by Christino Albert
Posted: Nov 29, 2018

We see credit card services are mostly used in Dubai for all kinds of products and at all stores working in Dubai. Majority of the traders and investors complete their business dealings and payments by using a business credit card. This is also important that the type of card is also valuable when it comes to making payments for different kinds of projects.

A client is using a card which is useful for hoteling and entertainment or other retail businesses then this type of card can only give benefits if it will be used for dining and hoteling. Not even a card only provide an option for payment at the spot but also do help when you haven’t any money in your account.

Suppose you go out for a dinner with your family and get some delicious dinner in an inexpensive restaurant. After the meal, your daughter asked for a cup of an ice-cream. Now after all that outing you did with your family, when you are going to make the payment through your card, suddenly you are informed by the waiter that there is no money in your account. The next bad thing is that the card which you are using is specific for travel offers means you are not in a position to get some discount through your card.

The other side of the picture is if you are using a card that provides the best dining offers, maybe you could get some handsome amount of discount that can compensate your dining expenses. So this is the first and most important point that you should take the services of a card that you could use the most.

How we can make the best use of a card?

When we talk about the consequence of card in Dubai, we see there are two possibilities and outcomes for using credit card services being provided by a bank:

  • A card can be a productive tool for a client if one make the best use of it in a disciplined way
  • A card can be a debt trap if one is using it in a random style

We all know that if we use a card such as a titanium credit card or any other kind of a card, it can prove to be very fruitful or productive for the wise spender. How it would be, we will try to explain through an example. Suppose a customer is using a credit card and make payment on very first of every month then any card taken from any bank of Dubai would be an asset for that customer. While the other side of the picture is completely against a cardholder at an angle of 180.

How we can avoid outstanding balance?

The negative use of the card in a random style may put a cardholder in a situation of an outstanding balance. How it happened is a simple way to understand. Suppose one is using a card which is not suitable for travel purposes and the cardholder is using such type of card for purchasing flight tickets and lounge facilities in a frequent manner.

Now at the end of the month, the bill which is due to a client is not possible to cover completely because the card is only for the best dining offers. Now the only option for a client to make payments of the bills. But in this way, an outskating balance will be added in the form of an interest rate. This amount cannot be matched even by big traders.

Conclusion

For best credit card services, Dubai banks are working in a highly professional manner to facilitate international customers as well as local clients. Among all Mashreq Bank, a private bank in the mid of the city of Abu Dhabi provide some attractive packages.

About the Author

Freelancer writing expert and Marketing specialist. I always enjoy and felt bravo while reviews on travelling like Emirates lounge dubai terminal 3.

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Author: Christino Albert

Christino Albert

Member since: Nov 29, 2017
Published articles: 13

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