Our fourth list of the most popular banking products is out! The ranking reveals the five most-viewed financial products by Souqalmal.com users over the last six months across four categories: credit cards, personal loans, home loans and car loans.

Based on our user views and engagement, nine banks feature in the latest top five rankings, with some banks appearing multiple times. ADIB, for example, has nine entries across all four categories.

  • In this October 2014 report, Citibank is the most popular bank for personal loans for Souqalmal.com users.  The international bank was number one for personal finance in our ranking of the UAE’s top five financial products over the last six months, thanks to its Personal Installment Loan. The product is aimed at those earning over AED 5,000.
  • In our home finance category, ADIB came in first place due to its Home Finance for Expats offering, available to those earning over AED 15,000 at a reducing rate of 4.49 percent. The bank also earned second position in this category, with a similar product for UAE nationals.
  • When it comes to finding the best credit card, our users voted NBAD as the number one institution, with its Platinum Visa Card coming out on top, available to those earning over AED 10,000 and with no annual fee.
  • For consumers looking to buy a car, Union National Bank was voted the favorite financial institution for car finance. Its New Car Loan, at a reducing rate of 4.26 percent, comes with no salary transfer. Interestingly, in the car finance category, new car loan products secured the top two spots – but the other three positions were taken by used car finance options.

We publish the list as a mechanism to provide greater transparency in the nation’s personal finance market. The results speak for themselves: they are the products that our users click on the most while visiting our website. This report sends a very clear message to the banking community of what the UAE consumer want from their personal finance products.

At any given time, our users can view a constantly updating list on the Souqalmal.com homepage of the most popular products over the last 30 days.

Most popular credit cards

Bank Product Name Min Salary (AED) Annual Fee Rate
1 NBAD Platinum Visa Card 10,000 3.09% More Info
2 ADCB Etihad Guest Above Platinum Card 15,000 1,000 3.09% More Info
3 Citibank Citi Life Silver 5,000 150 2.99% More Info
4 Al Hilal Bank Fixed Fee Classic 8,000 AED 200 More Info
5 ADIB Etihad Guest Visa Platinum Card 15,000 2,000 2.83% More Info

Most popular personal loans

Bank Product Name Min Salary Needed (AED) Salary Transfer Required? Reducing Rate From Max Loan Amount (AED)
1 Citibank Personal Installment Loan 5,000 No 17.99% 175,000 More Info
2 ADIB Personal Finance For Expats 5,000 No 6.49% 1,000,000 More Info
3 Dubai Islamic Bank Al Islami Salam Finance For Expats 3,000 Yes 11.00% 1,000,000 More Info
4 Emirates NBD Loans For Expatriates 15,000 Yes 4.99% 1,000,000 More Info
5 Union National Bank Expatriate Loan 5,000 Yes 4.99% 1,000,000 More Info

Most popular car loans

Bank Product Min Salary Needed (AED) Salary Transfer Required? Reducing Rate From Down Payment
1 Union National Bank New Car Loan with no salary transfer 8,000 No 4.26% 20% More Info
2 Al Hilal Bank New Vehicle Finance 5,000 Yes 4.08% 20% More Info
3 Dubai Islamic Bank Al Islami Used Car Finance 3,000 No 4.99% 20% More Info
4 ADIB Used Car Finance – Murabaha 5,000 No 5.42% 20% More Info
5 ADIB Used Car Finance – Ijarah 10,000 No 6.80% 0% More Info

Most popular home loans

Bank Product Name Min Salary (AED) Reducing Rate From Rate Type Down Payment
1 ADIB Home Finance For Expats 15,000 4.49% Variable 25% More Info
2 ADIB Home Finance For UAE Nationals 10,000 4.49% Variable 20% More Info
3 Al Hilal Bank Easy Buy-Ready Property For Self Use 20,000 3.50% Variable 20% More Info