Nimish Dwivedi, Head of Payments, Mashreq
The UAE’s leading financial institution, Mashreq has launched a special offer for their cardholders’ convenience by allowing them to pay for school fees using their credit card and to make repayments in easy installments of up to 12 months with absolutely zero interest.
Mashreq cardholders can choose to pay their children’s education fees at any school or college both locally and internationally and convert their transaction to a convenient 0% Easy Payment Plan for up to 12 months by simply calling the bank. The promotion remains valid till 30th September, 14 and comes right at a time when schools are reopening after the summer break.
The Mashreq Easy Cheque solution provides unprecedented convenience by making possible fee payments to schools through credit cards even if the school does not accept cards. All cardholders need to do is simply place a request for a cheque favoring the local school institution and Mashreq will deliver the cheque to their door step. The cheque amount will be charged to the customer’s Mashreq credit card and repayments can then be made in equal installments for upto 6 months. Mashreq Easy Cheque allows Mashreq Credit Card holders to pay anyone, anywhere, in any currency using their Mashreq cards. Even at places where credit cards are not accepted.
With an unparalleled savings offer of 5 per cent cash back on all payments made to schools using Mashreq SmartSaver credit cards, Mashreq remains at the forefront when it comes to rewarding their cardholders. Payments made using other Mashreq cards also continue to earn attractive regular Reward Points as applicable to the card.
Nimish Dwivedi, Head of Payments, Mashreq said, “Education expenses form a significant portion of monthly expenditure and our endeavor is to create unique and relevant products which genuinely benefit our customers. Our cardholders can pay anyone, anywhere, in any currency from their credit card account with solutions that are affordable and easily accessible. Additionally, with attractive savings offers such as cash back and with the convenience of installment based repayments, the customer is always a winner with us.”
Moreover, as a special offer, all purchases made using Mashreq credit cards at Kinokuniya until 10th Sep, 2014 will earn customers 5 times the regular reward points.