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The team at MyMoneySouq wrote an awesome review on Sarwa. Check it out here.

For those of you who don’t know who MyMoneySouq is, here’s a brief:

What is MyMoneySouq?

MyMoneySouq is a financial website in the UAE that helps the users in making the right financial decision by listing different bank products along with their features and benefits. There are 1000+ products listed on MyMoneySouq website which includes:

  • Personal Loans
  • Credit Cards
  • Home Loans
  • Car Loans
  • Savings Accounts
  • Current Accounts
  • Digital Bank Accounts
  • Insurance, etc.

Users visiting the website find it very easy in analyzing the products and picking the one that suits their interests. They can also compare some of the more popular loans/credit cards/ other financial products from many top banks in the UAE. MyMoneySouq provides details on interest rates, maximum loan amount, the minimum income required, etc. to avail a loan. And the same applies for credit cards or other banking products according to their respective features.

Personal Finance Calculators

Along with the product comparison, MyMoneySouq also provides financial tips and ideas in the blog. It will help in learning the importance of money, investments, etc. They have different financial calculators like EMI Calculator, Mortgage Calculator, Car Loan Calculator, Debt Burden Ratio Calculator, Inflation Calculator, etc. In the case of loan calculators, it helps the users in getting a clear idea of how much EMI they need to pay for the loan opted and the interest rate levied.

Other Helpful Tools

MyMoneySouq also has different financial tools on the website that can be accessed for free.

  • AI-driven Chatbot: The portal has an AI-driven chatbot to answer all the financial queries related to the bank products and their application process.
  • Airport lounge finder: MyMoneySouq’s airport lounge finder helps in finding the airport lounges in the UAE that can be accessed for free with your credit cards.
  • Credit Card Offers: MyMoneySouq has an exclusive page which lists down the credit card offers and deals that can be availed on the credit cards in UAE.
  • Currency Converter: To know the latest exchange rates, historical exchange rates, tips on currency exchange, etc. visitors can use MyMoneySouq Currency Converter
  • Gold Rate Calculator: Can find out the current gold price in UAE along with the gold rate calculator as per the purity and weight.

MyMoneySouq works with an aim to educate their visitors in financial aspects and help in making smart decisions when it comes to financial products like loans, credit cards, accounts, etc.


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Important Disclosure:

The information provided in this blog is for general informational purposes only. It should not be considered as personalised investment advice. Each investor should do their due diligence before making any decision that may impact their financial situation and should have an investment strategy that reflects their risk profile and goals. The examples provided are for illustrative purposes. Past performance does not guarantee future results. Data shared from third parties is obtained from what are considered reliable sources; however, it cannot be guaranteed. Any articles, daily news, analysis, and/or other information contained in the blog should not be relied upon for investment purposes. The content provided is neither an offer to sell nor purchase any security. Opinions, news, research, analysis, prices, or other information contained on our Blog Services, or emailed to you, are provided as general market commentary. Sarwa does not warrant that the information is accurate, reliable or complete. Any third-party information provided does not reflect the views of Sarwa. Sarwa shall not be liable for any losses arising directly or indirectly from misuse of information. Each decision as to whether a self-directed investment is appropriate or proper is an independent decision by the reader. All investing is subject to risk, including the possible loss of the money invested.

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