search-icon-hover
Home > News List > Article
'Lifetime Free’ credit card promised zero cost, UAE resident still got charged

Credit cards marketed as “lifetime free” have become increasingly popular among consumers looking to avoid yearly costs while still enjoying the benefits of card payments. The promise of zero annual fees for life sounds appealing, especially for people who want a convenient payment method without the burden of recurring charges. However, some cardholders in the UAE have discovered that these offers may not always be as simple as they appear.

In several cases, residents who signed up for cards promoted as “free forever” later noticed unexpected charges on their statements. While the cards did not include joining or annual fees as advertised, other costs began appearing after a few months of use, leaving some users confused about how a “free” card could still generate expenses.

The reality is that the phrase “lifetime free” typically refers only to specific charges. In most credit card agreements, the lifetime waiver applies solely to the joining fee and the annual membership fee. Other charges that are common across standard credit cards still apply unless specifically waived by the issuing bank.

Because of this, many cardholders may not realize that their card can still generate fees depending on how it is used. These additional costs are usually outlined in the card’s official terms and conditions, but they are sometimes overlooked during the application process.

Financial experts often advise consumers to read all documentation carefully before accepting any credit card offer. Even when a card appears to have no annual cost, the rules governing its usage may still include various conditions, service fees, or penalties.

One of the most common situations where charges appear involves missed payment deadlines. Credit card bills must be paid by the due date shown on the statement. Even a short delay can trigger a late payment fee, and in some cases, additional interest may begin accumulating on the outstanding balance.

Another scenario occurs when cardholders do not pay the full amount due. Carrying forward an unpaid balance typically results in interest charges, which can be relatively high compared with other forms of borrowing. These interest charges apply regardless of whether the card is advertised as lifetime free.

Cash withdrawals from ATMs are another activity that can generate unexpected fees. Many credit cards allow cardholders to withdraw cash, but these transactions usually include both a service fee and immediate interest charges from the day the withdrawal is made.

International spending can also add extra costs. When purchases are made in foreign currencies, banks often apply a conversion fee or foreign transaction markup. These charges are standard across many credit cards and are not typically waived under lifetime free promotions.

In addition, some cards include conditions related to usage levels. Certain financial institutions require cardholders to meet a minimum annual spending amount in order to keep the annual fee waiver active. If the spending threshold is not reached within the year, the annual fee may automatically apply despite the card initially being promoted as free.

There are also cards that include inactivity policies. If the card remains unused for a long period, some banks may apply service charges or account maintenance fees, depending on the specific agreement.

For banks, these fees are part of the standard credit card framework and are generally disclosed in official documents provided during the application process. These documents often include a section summarizing the most important terms and conditions, where details about penalties, interest rates, and transaction charges are explained.

However, many consumers focus primarily on the headline benefit of “lifetime free” and may not examine the full list of conditions attached to the offer. This can lead to misunderstandings later when unexpected charges appear on monthly statements.

To avoid surprises, financial advisers recommend several simple practices for credit card users. Paying the full balance on time each month is one of the most effective ways to prevent additional costs. Monitoring account statements regularly also helps cardholders detect unfamiliar charges early and resolve them quickly if needed.

Prospective card applicants should also ask about any spending requirements that might affect the lifetime fee waiver. Clarifying whether the card has minimum usage rules or inactivity clauses can help prevent confusion in the future.

Ultimately, the key point many consumers discover only later is that “lifetime free” usually refers to the absence of annual membership fees, not the absence of all possible charges. Understanding this distinction — and reviewing the detailed terms of the card agreement — can help users enjoy the benefits of their credit card while avoiding unexpected costs.

Read More

Advertisement

Advertisement

Recommended for You
Gold prices in Dubai jump over Dh9 per gram amid Rising Middle East Tensions
Gold prices in Dubai jump over Dh9 per gram amid Rising Middle East Tensions
Choosing Between New Launch and Resale Condo in Tampines
Choosing Between New Launch and Resale Condo in Tampines
```html
Market Steady Ahead of Trump's Address on Gulf War Ceasefire
Market Steady Ahead of Trump's Address on Gulf War Ceasefire
HONG KONG — Major currencies remained stable in light trading on Thursday (April 2), as investors prepared for a crucial televised speech from US President Donald Trump, which is anticipated to provide insights into a potential ceasefire in the Gulf conflict.

Advertisement

Advertisement

Trade War Tsunami: How a US Toy Maker's Chinese Factory Fights for Survival
Trade War Tsunami: How a US Toy Maker's Chinese Factory Fights for Survival
The floodgates opened on April 9. As President Trump's punishing 145% tariff on Chinese imports took effect, cancellation notices began flooding Jason Cheung's inbox. Clients were abandoning orders from Huntar Company's Guangdong factory - the lifeline of this second-generation family business.
Grocery expenses increased the most in past year: Case Budget 2026 poll
Grocery expenses increased the most in past year: Case Budget 2026 poll
Have you found yourself watching the pennies more closely?
Escalating Middle East Conflict Leads to Rise in Petrol Prices in Singapore
Escalating Middle East Conflict Leads to Rise in Petrol Prices in Singapore
Prices of petrol in Singapore have significantly increased due to the escalating conflict in the Middle East, which has led to the closure of a crucial channel for oil supplies with no resolution in sight.
HDB Loan vs Bank Loan: What HDB Buyers Should Know in 2026
HDB Loan vs Bank Loan: What HDB Buyers Should Know in 2026
Investor reactions to Trump's speech on Iran war
Investor reactions to Trump's speech on Iran war
US President Donald Trump told the nation in a televised speech on Wednesday (April 1) night that the US military had nearly completed the goals it had set out to accomplish in its war with Iran and that the conflict would soon be ending.
uSMART SG lets you earn up to 8.88% interest on your ang bao money this CNY
uSMART SG lets you earn up to 8.88% interest on your ang bao money this CNY
It's Chinese New Year again, and that fat stash of ang bao money feels like it's permission to live a little larger, at least for the time being. While some of us are taking our cash straight to our favourite fancy restaurant, others are looking to strike gold at the nearest mahjong table.

Advertisement

Advertisement

OCBC posts 3% rise in Q4 profit to $1.75b, declares special dividend
OCBC posts 3% rise in Q4 profit to $1.75b, declares special dividend
Singapore's Oversea-Chinese Banking Corp (OCBC) delivered strong profits of $1.74 billion in the fourth quarter of 2025, and announced a final ordinary dividend of 42 cents per share, along with a special dividend of 16 cents per share.
Singapore Airlines sees record $5.5b revenue in Q3 but profit falls 69%
Singapore Airlines sees record $5.5b revenue in Q3 but profit falls 69%
National carrier Singapore Airlines (SIA) saw a 68.9 per cent drop in its net profit in the third-quarter of 2025/2026, it reported after markets closed on Tuesday (Feb 24).
Gold swings sharply as tensions and strong dollar rattle markets
Gold swings sharply as tensions and strong dollar rattle markets
Best outdoor Ramadan decorations
Best outdoor Ramadan decorations
Market Reactions to Trump's Remarks on Iran Conflict
Market Reactions to Trump's Remarks on Iran Conflict
SINGAPORE — On Thursday (April 2), stocks experienced a decline, the dollar strengthened, and oil prices increased following US President Donald Trump's announcement that Washington's "core strategic objectives" in the Iran conflict are close to completion. However, he did not provide a definitive timeline for the conclusion of the conflict.
At $1.7m, 5-room loft flat in Queenstown breaks national HDB resale record
At $1.7m, 5-room loft flat in Queenstown breaks national HDB resale record
Just two months into 2026, Singapore has already set a new benchmark for HDB resale prices. In early February, a 5-room loft at Block 92 Dawson Road was sold for $1.7 million, officially becoming the highest transacted HDB flat in the country to date.
The Unusual Sale of a One-Seventh Stake in 5 Oxley Rise, District 9
The Unusual Sale of a One-Seventh Stake in 5 Oxley Rise, District 9
You may have heard of a 99-1 property ownership arrangement, but have you ever considered owning a one-seventh share of a sprawling bungalow in prime District 9?
Singapore REITs: Are they worth buying now?
Singapore REITs: Are they worth buying now?
Stocks Selloff Deepens as Dollar Strengthens Amid US and Israeli Strikes on Iran
Stocks Selloff Deepens as Dollar Strengthens Amid US and Israeli Strikes on Iran
A selloff in stocks deepened on Tuesday (March 3) and the dollar strengthened as investors considered the implications of US and Israeli strikes on Iran on energy prices and the global economy.
UAE flight disruptions: A hotel in Dubai promises free stay for stranded travellers
UAE flight disruptions: A hotel in Dubai promises free stay for stranded travellers
Retirement Planning for Women: Why a Personal Fund Can Change Your Future
Retirement Planning for Women: Why a Personal Fund Can Change Your Future

Advertisement

Popularity Rankings
1,000 UAE Families Set to Benefit from New Entrepreneurship Drive
1,000 UAE Families Set to Benefit from New Entrepreneurship Drive
APM Monaco Launches Lilac-Inspired Collection Printemps for Spring
Published: Tue 14 Apr 2026, 2:32 PM
APM Monaco Launches Lilac-Inspired Collection Printemps for Spring
Juntar dinheiro fica mais fácil com desafios práticos que enganam o seu cérebro
Juntar dinheiro fica mais fácil com desafios práticos que enganam o seu cérebro
Two Teenage Schoolgirls Missing in Pasir Ris Since April 27
Two Teenage Schoolgirls Missing in Pasir Ris Since April 27
FIA Adjusts Energy Management Rules for Japanese Grand Prix Qualifying
On Thursday, Formula One's governing body announced modifications to its energy management regulations for the qualifying session of the Japanese Grand Prix, allowing drivers to push their limits more effectively.
FIA Adjusts Energy Management Rules for Japanese Grand Prix Qualifying
HDB resale prices just fell for the first time since 2019 — is this the start of a bigger shift?
HDB resale prices just fell for the first time since 2019 — is this the start of a bigger shift?
Dubai restaurant offers up to 75% off Depends on Who You Bring
Dubai restaurant offers up to 75% off Depends on Who You Bring
The Mind Cafe's Flagship Store to Close, But a Bigger Adventure Awaits
For twenty years, The Mind Cafe's main location at 60A Prinsep Street has served as a beloved gathering spot for friends and family to enjoy board games for countless hours.
The Mind Cafe's Flagship Store to Close, But a Bigger Adventure Awaits
Storage Space Near You: How to Find the Best Warehouse or Storage Facility in the U.S.
Finding the right storage space near you can be a critical decision for both businesses and individuals. Whether you run a growing e-commerce business, need extra warehouse space for inventory, or simply want a secure storage unit for personal belongings, choosing the right location and storage solution matters. Across the United States, demand for warehouse space, self-storage units, and fulfillment centers has increased significantly due to the rapid growth of online retail and modern logistics networks. This guide will help you understand current market trends, compare different types of storage options, and find the best storage facility or warehouse space for rent near you.
Storage Space Near You: How to Find the Best Warehouse or Storage Facility in the U.S.
Skip Tooth Extractions? How Palatal Expanders Are Changing Orthodontic Care
Skip Tooth Extractions? How Palatal Expanders Are Changing Orthodontic Care
Families with young children to receive $1,000 LifeSG credits on April 28
Families with young children to receive $1,000 LifeSG credits on April 28
Greenview Cafe's Transition: From Far East Plaza to Affordable Dining in Ang Mo Kio
For decades, Greenview Cafe has been a popular dining destination in town, known for its affordable prices.
Greenview Cafe's Transition: From Far East Plaza to Affordable Dining in Ang Mo Kio
South Korea to Ban Stockpiling Medical Syringes and Needles
SEOUL — South Korea will implement a ban on the stockpiling of medical syringes and needles to prevent disruptions in hospital supplies, starting Tuesday (April 14), as announced by the finance ministry.
South Korea to Ban Stockpiling Medical Syringes and Needles
Flydubai Seeks Cabin Crew: Job Requirements and Benefits
Benefits include: medical insurance, end-of-service benefits, paid leave of 30 days per year, annual leave ticket, concessional tickets for family and friends, and an open-ended contract.
Flydubai Seeks Cabin Crew: Job Requirements and Benefits
The Integration of Digital Learning in UAE Schools: A Lasting Change
"We are mindful of maintaining a healthy balance, ensuring that technology enhances learning without leading to excessive screen time. Therefore, teachers are blending the strengths of face-to-face instruction, such as direct engagement, discussion, and hands-on experiences, with the efficiency and accessibility of digital tools,” Menon added.
The Integration of Digital Learning in UAE Schools: A Lasting Change
CNB Dismantles Transnational Drug Network in Joint Operation with UK
CNB Dismantles Transnational Drug Network in Joint Operation with UK
Discover Dubai’s Best Hair Extensions for Stunning Looks
Discover Dubai’s Best Hair Extensions for Stunning Looks
BIS Calls for Global Cooperation on Stablecoin Regulation
"And if prohibitions on paying interest on stablecoins can be enforced."
BIS Calls for Global Cooperation on Stablecoin Regulation
How to Stack Spends and Get More Miles on Your Credit Card
How to Stack Spends and Get More Miles on Your Credit Card
Heartwarming Act of Kindness: Mechanic Repairs Biker's Motorcycle for Free
A Malaysian motorcyclist, Dicky, found himself in a tough spot when his bike broke down by the roadside. Fortunately, a kind mechanic stepped in and repaired his motorcycle at no charge after realizing that Dicky did not have enough money to pay for the repairs.
Heartwarming Act of Kindness: Mechanic Repairs Biker's Motorcycle for Free

Advertisement