Wio Credit Card
Wio Bank · Credit Card
- Foreign-currency transaction fee
Qrar360 Decision Brief
What is this product?
A credit card from Wio Bank.
Who it may suit
- Cashback on spending
- Everyday spenders who value cashback
Consider if
- You want rewards on everyday spend
May not suit
- People who carry a balance month to month
Important conditions
- Foreign-currency transaction fee
Facts not yet fully verified
- the annual fee
- the Sharia-compliance status
Key facts
Wio Credit, a Mastercard World card issued virtually in the Wio Personal app (physical card on request). Earns up to 2% cashback on purchases (not for Standard Plan customers), 0.5% on government, real estate and utility payments and on paying other banks' credit cards, capped at AED 2,500 per month. Up to 60 interest-free days; roll-over interest 3.25% per month (APR 39%) on Standard, Plus and Family plans and 2.29% (APR 27.48%) on the Salary plan; 2% foreign exchange fee. Easy Cash at AED 1 per day per AED 1,000. Eligibility: age 21-65, UAE resident and employed, salary AED 7,000+.
Product Analysis
- Purchase APR: 39% — applies when a balance is carried.
- A minimum monthly salary of 7000 AED is required for eligibility.
- Foreign transaction fee: 2%.
Not yet scored
This product does not have a published Qrar360 Score yet. A score is published only when enough of its facts are verified from official sources to meet our coverage and confidence thresholds. The recorded facts below remain discoverable and comparable.
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Compare it side by side with another product in the same category and market.
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Availability by Country
- United Arab EmiratesAvailable
Provided By
This product is provided by . For the institution's licenses and regulatory status, see its profile page.
Sources & verification
Verified facts on this page are linked to their official sources.
Frequently asked questions
- What is the minimum salary for Wio Credit Card?
- The minimum is 7,000 AED.
- Which countries is Wio Credit Card available in?
- Wio Credit Card is available in: United Arab Emirates.
- Does Wio Credit Card offer rewards or cashback?
- Yes — Wio Credit Card offers a rewards programme.
- What is the foreign transaction fee for Wio Credit Card?
- The foreign transaction fee for Wio Credit Card is 200.00%.
