We often find ourselves overwhelmed with the number of Credit Card options. Making the right choice requires a complete understanding of the benefits each card offers and their ability to match your purchasing habits and lifestyle. 

The newly launched Credit Cards from Deem Finance comes with an unique reward program as compared to existing cashback & travel cards in the market. Whether you spend on your basic living expenses or shopping and entertainment or travel, you can choose either a Miles Up or a Cash Up card based on your needs. With the Miles Up Credit Cards, you can redeem your rewards for flights, hotels, electronics or gift vouchers from brands you love. The Cash Up Credit Cards help you redeem your rewards for cashback credit on your statement, pay for your next purchase with points or buy gift vouchers from brands you love.

The Deem Miles Up and Cash Up Credit Cards give customers the flexibility to choose a card that suits their purchasing habits as they earn rewards on the things they love and and redeem them where it matters. Some of the key benefits are:

1.Instant rewards points where you like to spend – You earn ‘Cash Up’ or ‘Miles Up’ points on all your spend. You earn more Cash Up or Miles Up points on certain categories where you spend the most such as supermarkets, fuel, utilities, shopping, entertainment and travel depending on the type of card you choose. The more you spend, the more you earn.

2.Make the most of your Up points – You can exchange your Cash Up or Miles Up points for flight tickets, hotel bookings, online gift vouchers, cashback credit on statements, pay with points for your next purchase and more depending on the type of card you choose 1 Cash Up = 1 AED and 100 Miles Up = 1 AED.

4.Live big with lifestyle enhancing experiences – Live it up with other benefits ranging from complimentary Zomato Gold Membership to valet parking services, access to airport lounges, travel discounts and more.

3.Save Up with great discounts & offers – Get free access to the Deem Offers app and enjoy discounts and great offers on dining, wellness and entertainment experiences.

There are three types of Credit Cards offered by Deem:-

a. Titanium, an everyday Credit Card for the smart shopper (minimum monthly fixed income of AED 5,000) – offering annual benefits of AED 4,314

b. Platinum, a Credit Card for your lifestyle needs (minimum monthly fixed income of 10,000) – offering annual benefits of AED 13,110

c. World, a Credit Card for all your travel needs (minimum monthly fixed income of 25,000) – offering annual benefits of AED 21,744

All three card types come in two different rewards programs: Miles Up and Cash Up

Let’s dive deeper to understand the difference between a Miles Up and Cash Up rewards program.

Miles Up Credit Card –Up your travel game

If you like to travel and also save on your regular spend, you may want to consider the Deem Miles Up Credit Card, which provides you the opportunity to earn accelerated Miles Up points every time you book a flight or make a hotel reservation. Depending on the type of Miles Up card you select, you can also earn accelerated Miles Up points for purchases at supermarkets or shopping online or at department stores and international spend. You also earn up to 1.5x Miles Up on all other spend. Miles Up cards offer comprehensive travel rewards and can be your perfect travel companion.

But what truly makes the Miles Up card from Deem different? Other travel Credit Cards usually only allow you to redeem your miles for airline tickets with a specific partner airline. But the Deem Miles Up Credit Card lets you redeem your Miles Up points for tickets booked at any airlines. It’s not just limited to airline tickets…you can also use your points for hotel reservations, to buy electronics on the online electronics store and gift vouchers on the brands you love.

Cash Up Credit Card - Save more when you spend

If you like to save on your regular spend, the Deem Cash Up Credit Card could work for you. Depending on the type of Cash Up card you choose, you can earn accelerated Cash Up points on spend at supermarkets, fuel, utility bill payments, online and department store purchases or travel related spend. You also earn up to 1% Cash Up on all other retail spend. Cash Up cards help you speed up your savings on spend that matters to you.

What is the difference between the Deem Cash Up Credit Card and other cashback cards? Usually other cashback cards only allow you to redeem rewards for cashback credit on your statement. But the Deem Cash Up Credit Card gives you the option to redeem Cash Up for cashback credit on your upcoming statement, pay for your next purchase using points or buy gift vouchers from brands you love.

Both the Miles Up and Cash Up Credit Cards also give you free access to the Deem Offers app with which you can get deals and discounts on dining, wellness and entertainment spend. The Platinum and World cards also give you complimentary Zomato Gold Membership and valet parking services from Valtrans.

Find out if the Cash Up or Miles Up Credit Card from Deem is the best for you.