Mashreqbank is offering non-Mashreqbank credit-card holders a 20 percent higher credit limit with the launch of Card for Card promotion. In addition to the higher limit, customers can transfer balances from their existing credit card and enjoy a lower interest rate of 15.9 percent and also win guaranteed gifts.
According to a bank press release, eligibility for the card with the higher credit limit has been kept as simple as possible: proof that they have been a credit card holder with a leading bank in the United Arab Emirates (UAE) for at least one year. All the applicant needs to produce is a copy of their current card and most recent card statement.
“Many cardholders are unhappy with their current credit limit which they feel may not be enough to cover their forthcoming holiday expenses or for any unforeseen circumstances,” said Steven Pinto, head of Retail Banking Group, Mashreqbank.
“At Mashreqbank we are committed to value-added services to our clients. Our Card for Card promotion will not only give them a higher credit limit but also offer them the opportunity to transfer balances on to the Mashreqbank card at a lower interest rate of 15.9 percent and win guaranteed gifts.”
The offer is subject to the bank’s normal terms and conditions. — (menareport.com)
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