20 Hrs
Source:
الخليج
Credit card use up 30% with school start
As the back-to-school season approaches in the UAE, credit card usage has increased by at least 30%, driven by a significant rise in spending on tuition fees and school supplies such as clothing, books, and electronics. Families are benefiting from bank offers that include interest-free installment plans, cashback, and rewards, which encourage the use of this financial tool. This season marks a critical period for credit card activity, as it boosts demand for higher credit limits and prompts banks to expand flexible financing solutions, all aimed at helping families meet their obligations and increase their spending in a short period.
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