Arab Jordan Investment Bank Credit Card - Charge Local

Minimum Salary needed Not mentioned
Maximum amount available Not mentioned
Length of Loan Life Time
Profit Rate Monthly interest rate of 1.5%
Upfront Fees ( if any ) Free
Eligibility Must have a Jordanian Nationality; Must be at least 21 years of age; Customer should be employed at a Bank approved company; Customer should have a verified and clear source of income; Must have a minimum of 2 years experience at last job
Main Features No annual fees (Free for Life); Grace period that reaches 48 days to repay the outstanding amount on the card account; JOD 10 for primary and lost cars & JOD 5 for additional

Arab Jordan Investment Bank

Operating for more than three decades, the Arab Jordan Investment Bank has successfully developed its banking activities, from its headquarter in Amman, Jordan. To support its development, the AJIB also created branches and representative offices in United Kingdom, Cyprus and Qatar. Listed on the Amman Stock Exchange for a decade, its shareholders are major financial institutions such as the Lybian Foreign Bank and the Arab Investment Company, located in Saudi Arabia. Aware of the best practices in the financial industry, the AJIB offers a wide range of banking products and services to corporates and individuals that meet their needs and preferences.

Amman

Capital of Jordan since 1921, Amman is situated in the north west of the country, which is an ideal location for business men and multinational corporations, which are interested in extending their business in the MENA region. The city is also a great place to include in a touristic Middle East tour. The tourists who are passionate about culture and history will find many well-preserved monuments and ruins, which were built in the Greco-Roman period. With its two millions of inhabitants, Amman is also the most crowded city of Jordan and its economic and administrative centre, offering a good standard of living.

Credit Card - Charge Local

The Arab Jordan Investment Bank provides to its customers the Charge Local Visa Card wich provides benefits and privileges. It offers a good financial flexibility and purchasing power. This card can be used on every points of sale at merchants or at ATMs for cash withdrawal in Jordan. A non sufficient credit balance is not an issue as it is still possible to use up to a certain amount, which is decided according the incomes and the track record. Plus, there is a grace period of 41 days allowed to repay the transactions made with the card, whitout paying any interest rate charges.