AL AHLI BANK Credit Card - Platinum
|Minimum Salary needed||QAR 15,000|
|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; Platinum Cards - Renewal Free, if spent min. of QAR 30,000 in previous year else QAR 500 yearly; Platinum Card stopped before 1 year QAR 500;
|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||Platinum Credit Card is fee-free for the first year; .5% foreign exchange mark up on all overseas transactions; Free supplementary cards for your family members; Free access to over 700 VIP airport lounges worldwide via Priority Pass (maximum 10 visits per year); 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 100,000 when purchasing airline tickets on your Credit Card; Purchase protection up to USD 5,000 (per annum) against loss, damage or theft when purchasing items on your Credit Card|
AL AHLI BANK
The Al Ahli Bank has always been deeply connected with the community. This is evident in the bank’s focus and support for all causes that affect the community in Qatar. The bank has always backed initiatives and causes that are involved with the welfare of the people of Qatar both at home and abroad. Towards this end, the bank has always been at the forefront of the many educational, health, sporting, cultural, and social activities in the region. The personal attention is evident in all aspects of the bank’s interaction with its clients in particular and the community in general, for more than 30 years.
Doha has come long way over the last few centuries. From a sleepy fishing village with a population of about 12,000, 350 odd boats engaged in harvesting pearls and fishing in 1900’s, the city is now a major centre for culture and education. The transformation has not been easy or smooth, particularly following a major reversal in fortunes following the introduction of Japanese cultured pearls and the Great Depression of the 1930’s. the discovery of oil reserves and its exploitation following the end of WW II has been the most important factor for Qatar and particularly Doha’s current growth.
Credit Card - Platinum
The Platinum Credit card from Al Ahil Bank meets all travel and shopping related needs along with interesting rewards. The card aspires to provide a thrilling experience to its users. Some of its interesting features include free supplementary cards for family members, free access to VIP airport lounges for a maximum of 10 visits a year and a 2.5 per cent Foreign Exchange Mark-up on all transactions done overseas. Although the 1st year’s annual fee is nil, a nominal fee is levied from the 2nd year onwards unless the annual spending during the previous year exceeded QAR 30,000.