Credit Score Credit Cards Personal Loan Mortgages Contact the Credit Blog Credit Card App Best Credit Card Apps in UAE Apply Now for A New Credit Card Apply online now for Credit Card in UAE, It will take less than a minute List of Best Credit Card Apps in UAE – Updated on 15-07-2020 2. Citi Mobile Credit Card App Quick account updates Review all your account activities and get to your favourite functions, faster. Manage cards easily Get instant access from the dashboard to activate your card, reset PIN and more. Timely reminders Stay informed of actions you need to take with our reminders. Citi Pay With Points Use your Points or Miles to offset your transactions instantly Citi World PrivilegesGet deals and discounts locally and in 95 other countries Citi PayAll Turn big payment into big rewards Better Credit for Everyone 27419 People got free service from MoneyMall Made with ♥ in UAE ‘MoneyMall’ is our registered tradename.All other product names, logos, brands or trademarks referred are the property of their respective owners. Information presented has been collated from banks and publicly available sources. Always double-check with providers before committing yourselves Get
What is a platinum card? Platinum card is one of the levels of the credit cards, Its one of the top level of premium credit card available in UAE, only coming second to Titanium, Diamond credit cards when these are available. Platinum cards are one of the premium credit cards and it comes with an extensive rewards program and higher limits. As premium cards, platinum credit cards are designed for a class of higher-income individuals, so they come with Low-interest rates, But high annual fees. This reflects the fact that such cardholders can afford to pay their balance in full every month and thus don’t usually pay interest. Is a High Annual Fee on the platinum card is worth it?It really depends on how you plan to use your card and your spending habits. If you know that you will be spending high amounts throughout the year, earning the maximum number of rewards points, making use of the premium services we mentioned above, and paying off your balance in full every month so you don’t pay interest, then it may be worth paying the huge annual fee to hold a platinum credit card. Check out the List of Best Credit Cards in
Najm Cards – MAF Launches New Range of Credit Cards With Najm Cards – Get the best cashback rewards and the most attractive redemption value with great savings through exclusive Najm discounts and special offers for daily lifestyle spends in Carrefour and Five Najm Cards to choose from, you’re sure to find one that suits your need NAJM CARDS FEATURES OTHER BENEFITS ON ALL MAJOR NAJM CARDS Interest free period : Up to 55 days of interest free period and minimum payment of 5% or 100 AED whichever is higher. The rate varies between 3.25% to 3.69%. Balance Transfer offer : Transfer your balances to Najm Credit Cards and get preferential rates for 6, 9 or 12 months Fx Rates : The foreign currency rate applicable on overseas transactions is 3%. enajm portal and app to easily manage your credit card transactions with najm online Najm Online Payment: No more payment ATM ques with Comprehensive payment options including Emirates NBD,Mashreq Bank,Citi Bank,HSBC Bank,UAE Exchange,Al Ansari Exchange, Al Ghurair Exchange, Redha Al Ansari Exchange & more.
What is a Credit Report in UAE? Credit Report is a document contains your personal identity information, details of your credit cards, loans, utility bills, and other credit facilities, along with with your payment and bounced cheque history. What’s included in my credit report in UAE? Record of previous and current credit facilities. The amount you have borrowed and the repayment term was chosen and the interest to be paid. Payment history for the last 2 years. There is a detailed payment history section in your report that will mention the amount paid each month towards each loan. Overdue payments will also be mentioned. If there are any payments overdue as you missed paying them, then it will be mentioned in the credit report. Record of default, if any. If you have defaulted on your payment, it will show on your credit report. This is one of the major factors that lead to your loan application rejection. Credit Inquiries, All your recent applications, and inquiries have done to the different financial institutions. What does my Credit Report data use for? Banks will use your credit report and score to decide whether to lend you money and the interest rate at
The National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) announced on Sunday they have merged to become First Abu Dhabi Bank. In a joint statement, the banks said their merger was legally completed on April 1, and the merged bank began trading on the Abu Dhabi Securities Exchange under the ticker symbol NBAD. Shares in the merged National Bank of Abu Dhabi and FGB – now known as First Abu Dhabi Bank – jumped on Wednesday as investors welcomed its forecast of higher profitability and a doubling of cost savings. The bank said in an investor presentation published on its website that cost synergies are forecast at Dh1 billion, twice the initial estimate of Dh500 million. They would occur over a period of three years and would be driven by a reduction in branches and headcount. At the same time, the bank said it was targeting a higher-than-expected return on equity, a measure of profitability, of 16 to 17 per cent by 2020. Shares of the lender have rallied 9.1 per cent since Monday, closing 4.1 per cent higher at Dh11.35 on Wednesday Customers of First Abu Dhabi Bank will have to wait at least a year
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Commercial Bank of Dubai announced an array of exciting of promotional offers for its personal loan customers, including substantial interest rate discounts, as part of its “Fab Feb” promotions. In the offer period extending from February 2 – 28, customers can avail of a 50 per cent discount on current interest rates for personal loans and auto loans in the first year, as well as 50 per cent reduction on set-up fees for overdrafts for personal salaried customers. The promotional offers are valid on all new loans and transfer of existing loans. Customers can apply for these promotional benefits by filling up CBD’s “Fab Feb” campaign form available at all branches. Murray Sims, CBD General Manager- Personal Banking Group said: “As a leading bank in the region that has an ethos of building strong relationships with our customers, we are keen to offer them exceptional value. These promotions will allow our customers to cost-effectively budget their spending for the year. The new ‘Fab-Feb’ promotion complements the existing range of other benefits that CBD’s personal loan customers receive from the Bank. Furthermore, for our personal finance products, we offer some of the most competitive interest rates in the market that remain fixed
The choice of a trade services provider is vital in a world where both speed and attention to detail are crucial and where you need a partner who can not only deliver service excellence but also bespoke Trade Solutions tailored to your needs. From day to day working capital needs to financing international trade, we have it all. Corporate Finance, Working Capital, Trade Financing, Project Funding, Equipment Lease Facilities Trade Services: Export & Import LC Documentary Collections Pre & Post Export Financing and Import Financing Guarantees Structured Trade Finance Solutio Trade finance solutions Trade Finance Facilities This is the method by which the importer may wish to reduce risk by wanting the seller to document the goods that have been shipped. This could be applied by the importer’s bank providing a letter of credit to the exporter for payment upon presentation of certain documents. Other types of trade finance may include Documentary collection, trade credit insurance, export factoring, forfaiting and others. Trade finance usually refers to financing international trading transactions. In this type of financing understanding, the financial institution of the importer provides payment for goods imported on behalf of the importer. Bank guarantee is a promise or an undertaking by a financial institution ensuring that the liabilities of their