Noor Islamic Bank today reinforced its innovative Personal Banking portfolio, with the launch of the first of its kind Shari’a compliant benefit driven Account Package ‘ADDVANTAGE’. Convenience, flexibility, generous rewards and real value-for-money are the main benefits offered by this package.
John Chang, Head of Consumer Banking, Noor Islamic Bank - UAE, said: “ADDVANTAGE is the perfect solution for the comfortable mid-level executives and managers on the lookout for simple, convenient and personalized banking. ADDVANTAGE customers are automatically entitled to personalized service, extended banking hours, preferential pricing and rates and fast and easy transactions.”
ADDVANTAGE customers save on charges as they are not tied to a minimum balance requirement. In addition, they also get preferential terms on credit cards and personal finance, giving them even more savings.
For greater convenience, ADDVANTAGE comes with a pre-approved Shari’a compliant overdraft (Islamic Covered Drawing) of one month salary, and up to AED 5,000 will be profit free.
Customers can also choose to upgrade ADDVANTAGE, and in addition to all the basic features, also get the convenience of a dedicated relationship manager who will be the customers’ one point-of-contact for all dealings with the bank.
The opening of an account and transferring of salary will automatically generate bonus points. The reward points awarded can be redeemed for cash vouchers at shopping malls and free flights. Customers will also get points on their credit card spend, which they can combine with the points earned on the account.
Noor Islamic Bank continues to lead the Personal Banking market in providing innovative solutions including the UAE’s only fully operational mobile internet banking experience in the Arabic language. The bank’s unique website is Arabic, English and French enabled.
