meBANK offers foreign currency credit cards

Published July 6th, 2003 - 02:00 GMT
Al Bawaba
Al Bawaba

A meCARD credit card for international travelers that avoids the inevitable foreign exchange losses has been launched by meBANK. The foreign currency credit cards from meCARDS are available in US dollars, sterling pounds and euros. By using a specific foreign currency card in that specific region, the cardholders can avoid foreign exchange losses twice, first on usage, second on payment.  

 

For example, a cardholder traveling to the UK with a meCARD credit card in pounds can use his card for transactions in that country so that he gets billed in the same currency. After being billed in the same currency as the region he was traveling to, the customer can settle the credit card dues in the same foreign currency and he therefore saves on foreign currency exchange again.  

 

Foreign currency meCARDS also carry the same features and benefits as dirham meCARDS, namely no annual fees for the first year, zero percent introductory APR for the first three months in addition to the lowest interest rates in town.  

 

Available in MasterCard Silver and Gold, foreign currency meCARDS are the ideal accessories for business travelers and for people receiving their salaries in foreign currencies. — (menareport.com) 

© 2003 Mena Report (www.menareport.com)