AL AHLI BANK Credit Card - Classic
|Minimum Salary needed||QAR 6,000|
|Maximum amount available||Credit Card limit up to 2 times your monthly salary assigned to your Ahlibank account (after deductions for regular payments)|
|Length of Loan||Life Time|
|Profit Rate||Monthly Interest rate 1%; Processing Fee for non-QAR
transaction 2.5% (Free for signature card); Late Payment Interest 0.25% monthly; Minimum Payment due 3% or QAR 100 (whichever
is higher); Cash Advance Fee 5%, Minimum QAR 15; PIN re-issue QAR 50 (Free for Signature card); Temporary Limit Increase QAR 100; Replacement Card QAR 100; Renewal Free, if spent min. of QAR 15,000 in previous year else QAR 200 yearly; Card stopped before 1 year QAR 200;
|Upfront Fees ( if any )||No|
|Eligibility||Above 18 and not older than 60 years of age at the time of application for Qataris; Above 21 and not older than 60 years of age at the time of applicatiom for Expats; Salary assigned to your Ahlibank account or against a pledged deposit of 120% of the Credit Card limit requested; Be employed for at least 3 months for salary assigned customers|
|Main Features||Classic Credit Card is fee-free for the first year; 2.5% foreign exchange mark up on all overseas transactions; Optional Credit Shield insurance designed to help cover your outstanding balances in the case of unforeseen events (may God forbid); Travel insurance cover up to USD 25,000 when purchasing airline tickets on your Credit Card; Purchase protection up to USD 1,000 (per annum) against loss, damage or theft when purchasing items on your Credit Card|
AL AHLI BANK
The core values of the Al Ahli Bank have remained the same since inception. These values have been the guiding force in all dealings with clients. The clients of the bank have always been able to put forward their expectations regarding products and service. These expectations have shaped the bank’s bouquet of services as well as its standing in the community. Insightful, knowledgeable and experienced, the Al Ahli bank has always been providing customers with trustworthy, effective and reliable advice & products. Transparent in all their dealings, the bank is held in high regard due to its approachable, responsive and straightforward manner in all its dealings.
As a sleepy village engaged in fishing and harvesting pearls, Doha had a collection of simple 1 and 2 room houses built from stone, coral and mud. Qatar’s growth as a modern city can be aptly attributed to the discovery of its natural gas reservoirs. Wealth creation also saw the destruction of many of its old structures to make way for the new and modern ones. Unfortunately this haste has resulted in the loss of many heritage structures, so much so that only a single wind tower remains as a reminder to a bygone era. The Museums Authority in Qatar, with an aim of protecting its heritage for the future generations, is hard at work today.
Credit Card – Classic
The Classic credit card from Al Ahil bank comes with the most basic features. This includes a fee-free 1st year and a 2.5 percent Foreign Exchange Markup on all transactions overseas. The 2nd year fees are waived off if annual spending in the preceding year was QAR 15,000 or more. The cardholder is insured with a travel insurance cover for a maximum of USD 25,000 and purchase protection for a maximum of USD 1,000 if the card has been used for making the purchase of the ticket or goods. The card carries a credit limit of twice the cardholder’s monthly salary less regular payment deductions.