How to Buy Gold on Installment in UAE with No Credit Card

One of the things that many people like to buy in the UAE is gold, be it in the form of jewellery, or gold bars. This precious metal is the perfect gift for your loved ones… and for yourself, too! These days, the value of gold remains high, so buying gold pieces is also a good investment.

If you’re thinking about purchasing gold in the UAE, and you’d like to buy it on installment — there are many stores that allow you to shop with a credit card. But what if you don’t have a credit card, or you prefer not to use one? Could you still buy gold on installment? Yes, you can! Keep on reading to learn more!

How to Buy Gold on Installment in UAE with No Credit Card

Buying Gold on Installment Without a Credit Card

In the UAE, making installment payments without a credit card is made possible through “buy now pay later” options offered by “fintech” startups. In this article, we will take a look at several firms that provide such services: Tamara, Tabby, Cashew, Spotii, and Postpay.

For each startup, we shall discuss the installment options, requirements (qualifications), contact information, and partner brands… including jewelry stores!

1. Tamara

Are you excited to buy gold, electronics, fashion brands, and more? Consider making your payments through Tamara, a startup that aims “to give everyone the chance to shop without worrying about big payments, hidden fees, or interest.”

Among Tamara’s partner brands are popular names such as Lacoste, Afra Electronics, Shein, Diesel, Mobile Outfitters, L’occitane, Go Dukkan Electronics, Nokttain Electronics, Popsy Electronics, Tory Burch, Guess, and Puma. The list also includes Twaaq Gold… Yay!


To qualify for Tamara, a customer must be: (a) at least 18 years old; and (b) a citizen or resident of the UAE, Saudi Arabia, or Kuwait.

Installment Options

Tamara provides a couple of installment options: (a) three installment payments over a 60-day period; or (b) full payment after 30 days, without incurring any costs.

To know more about Tamara’s services, go to the startup’s official website.

2. Tabby

This startup has more than 20 partner brands, such as Abdul Samad Al Qurashi,, and Apparel Group, which is the owner of Aldo and Tommy Hilfiger. The list also includes Sage Appliances, Harman House, Shopkees, Digitech, Hi Smart, USBS, Audio Shop, Exphone, and other electronics brands.

Meanwhile, if you are planning to buy gold, don’t worry because also among Tabby’s partner brands are Gold Zone and My Gold Souq.


To be able to use Tabby, you must: (a) be at least 18 years old; (b) be a resident of the UAE; and (c) have a good credit history.

Installment Options

When shopping for gold using Tabby, you can split your payment into four interest-free installments, as follows:

  • 25 percent upon purchase;
  • 25 percent in one month;
  • 25 percent in two months; and
  • 25 percent in three months.

Head to the official website of Tabby to learn more about its services.

3. Cashew

With more than 20 local and international partner brands, Cashew is one of the most popular fintech startups in the country. Its partners include Peak Fitness, Designitch, Afaq Centre, The Design House, Cliff, Morgan, OMG Auto Repairs, Optic One Opticals, Arabian Oud, Quick Tech, Avioni Home, Eye Fashion Optics, and more!

For those who want to buy gold and other precious jewels, check out Yaz Jewels and Liali Jewelry, which also happen to be among Cashew’s partner brands.


In order to qualify for Cashew, customers must be at least 21 years old and have the following: an emirates ID, a UAE phone number, a valid email address, and a debit card or credit card issued in the UAE.

Installment Options

Cashew offers a couple of installment options: (a) delay option, where you can buy an item and pay in installments over a two-week period; or (b) divide option, wherein the total cost is divided into three equal monthly installments.

For inquiries, you can contact Cashew by calling +971 4 561 6811, sending an email to, or by going to the company’s official website.

4. Spotii

“Spot me” is slang for “lend me.” This expression happens to be the inspiration for naming “Spotii,” another fintech startup that provides “buy now, pay later” options.

Spotii has many partner brands, such as Laflor Store, Revibe, Shein, The People of Sand, The Plush Posh, Time House, Simplyfy, Ajmal Perfumes, Arabian Shoppe Portal, Britstar Mobiles, Jumbo Electornics,, and much, much more!

In addition, the firm also has partner brands that sell gold and precious jewellery, namely: Zafer Jewellery, Tala Gold, Lafi Jewellery, Glamour Accessories, Gold Zone, Louisnice, and Evelyn, among others.


To qualify for Spotii, customers must: (a) be 18 years old or above; (b) have a UAE phone number; and (c) have a valid email address.

Installment Options

Using Spotii, customers can pay for items through four installments. The first payment must be made immediately, upon purchase.

To know more about Spotii and its services, you can call +971 4 275 3550 or visit the firm’s official website.

5. Postpay

And last, but not the least, there’s Postpay, a fintech startup with more than 20 local and international partner brands. Among these are Kcal, Perfect Balance, Eggs & Soldiers, The Giving Movement, Victoria’s Secret, Al Qudra Sports, American Eagles, Home and Soul, Asghar Furniture, Dubai Audio, Gulf Optic, and more.

In addition, when buying gold and other jewellery, you can use Postpay when shopping at these partner brands: Selections, The Jewels Jar, Bliss Collection, Zoldi Jewels, and Love Life Jewellery.


To qualify for Postpay, customers must be at least 18 years old… and have an emirates ID, a UAE mobile number, and a debit card or credit card issued in the UAE.

Installment Options

Postpay’s installment options include the following:

  • Two payments — one half payment on the date of purchase, the other half to be paid the next month; or
  • Four installment payments — to be paid every two weeks or monthly, without interest.

For more details about Postpay, you can call +971 4 215 6555, send an email to, or visit the firm’s official website.


If you prefer to buy gold and other precious jewellery on installment, but you don’t have a credit card… don’t worry because startups like Tabby, Tamara, Cashew, Spotii, and Postpay provide “buy now, pay later” options. Now, you can buy jewellery, appliances, gadgets, furniture, and more — without having to present a credit card!

Speaking of gold, one of the best places that you should definitely visit is the Dubai Gold Souk in Deira. Get ready to make some fantastic jewellery finds in this place!