Emirates NBD Credit Card Cash Withdrawal

Benefits of Cash Withdrawal from Emirates NBD Credit Card

Cash withdrawal from Emirates NBD cards brings numerous benefits. While it’s not recommended for everyday use, it can still be useful in certain scenarios. 

• Convenience: Withdrawing cash allows you to spend the money in any place you want, whether they accept credit cards or not. This can be helpful if any specific merchant has restricted payment methods.
• Paying Other Credit Cards: Withdrawing cash from your card to pay off another card’s bill can help you increase the total spends on the particular card, if permitted. Depending on the bank and the card, this can bring you additional perks. 
• Foreign Use: With Emirates NBD credit card cash withdrawal, you can withdraw cash in foreign currencies when you’re in another country. This significantly helps if you’re a frequent traveller who needs cash for foreign expenses.

Eligibility Criteria for NBD Credit Card Cash Withdrawal

You can easily make an Emirates NBD credit card cash withdrawal at your nearest ATM. However, an NBD cash advance fee may be charged on each cash withdrawal. To avoid the extra charges, you can opt for a cardless cash withdrawal or take cash from your own account. 

To be eligible, all you need is a card and a valid PIN. 

How to Withdraw Cash from Emirates NBD Credit Cards in UAE?

Let’s see how you can make a cash withdrawal from Emirates NBD credit cards. We will take a look at both cardless and card-specific methods — 

Via ATM

• Go to your nearest Emirates NBD ATM
• Select the ‘Cardless Withdrawal’ option
• Enter your mobile number and confirm
• Enter the withdrawal amount you had earlier entered on the mobile app and click ‘Confirm’
• You will receive an authentication code via SMS on your registered mobile number
• Enter the authentication code and click ‘Confirm’
• Carefully collect your cash and the receipt

Via ATM (with cards)

• Head to an Emirates NBD ATM near you
• Choose the ‘withdrawal’ option
• Enter your PIN and other requested details 
• Once verified, you can get the cash 

Note that NBD credit card cash withdrawal charges apply right from the start.

Cash Withdrawal via Mobile Banking

• Log into Emirates NBD mobile banking app
• Tap ‘Transfer/Pay’ at the bottom of the app
• Under the ‘Actions’, tap ‘Cardless withdrawal’
• Select your Account (or click on ‘Change’ if you want to withdraw from a different account)
• Enter your desired amount and slide to confirm
• Enter your Smart Pass PIN

Emirates NBD Credit Card Cash Withdrawal Limits

Besides the Emirates NBD credit card cash withdrawal charges, you also need to know how much cash you can access through your card. This limit is marked as per your credit limit. 

If you’re a regular user, you can make a cash withdrawal from an Emirates NBD credit card of up to 50% of your credit limit. For business cardholders, this limit goes up to 75%. 

Note that cardless withdrawals also have their separate limits — 

• Maximum 2 transactions every 24 hours 
• Maximum amount per transactions — AED 5,000
• Maximum amount per day — AED 5,000

Emirates NBD Credit Card Cash Withdrawal Charges in UAE

Although cardless cash withdrawal from Emirates NBD credit cards is usually free, there are still charges for withdrawals from your card. Check out the table below to get an overview of the NBD cash advance fee and other charges — 

Tips to Avoid High NBD Credit Card Cash Withdrawal Charges

As mentioned earlier, withdrawals from a credit card in UAE are only useful in emergencies. A big reason for the same is the high fee and the interest rate. Since the bank starts charging interest right from the start, you can pay quite a lot in interest.

To avoid such high charges, here’s what you can do — 

• Go for cardless withdrawals or use your debit card 
• Withdraw cash from your credit card only when absolutely necessary — 
• Make the most of alternatives like easy payment plans (EPP), 0% instalment plans, and more 
• Since card-based withdrawals don’t have any interest-free period, repay the amount as early as possible 

FAQs