AL AHLI BANK Credit Card - Signature
|Minimum Salary needed||QAR 35,000|
|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; Signature Cards - Renewal Free, if spent min. of QAR 50,000 in previous year else QAR 700 yearly; Signature Card stopped before 1 year QAR 700;
|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; Be employed for at least 3 months for salary assigned customers;|
|Main Features||0% foreign exchange mark up on all overseas transactions; Free supplementary cards for your family members; Ahlibank Signature Credit Card is fee-free for the first year; Free unlimited access to over 500 VIP airport lounges worldwide by simply presenting your Ahlibank Credit Card; 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 500,000 when purchasing airline tickets on your Credit Card; Purchase protection up to USD 20,000 (per annum) against loss, damage or theft when purchasing items on your Credit Card;|
AL AHLI BANK
The bank’s traditional roots are best represented by its brand identity – the Oyster Shell. Symbolic of Qatar’s past, the oyster shell not only gives a reference to its days of pearl harvesting but is also a symbolic representation of the bank nurturing and protecting the assets entrusted to it. Similar to the manner in which a pearl grows inside an oyster, so too do the assets entrusted to the bank’s care. For more than 30 years the bank has stood by its clients, growing with them. The shell that represents the bank is made up of geometrical shapes and cam be seen on all our paper printouts, website and branches.
The city of Doha has grown steadily from a sleepy fishing village to become Qatar’s capital socially, economically and culturally. The country has had a roller-coaster ride on its way to growth. After its partial destruction in 1825, the city was slowly rebuilt and has 2 major forts, the Al-Wajbah (built in 1882) and the Al-Koot (built in 1917). In the early part of the 20th century the country was a well-known centre for pearls. Fishing was also a major factor behind the country’s growth during that period. Unfortunately Qatar saw a reversal in fortunes in the 1930’s following the introduction of cultured pearls from Japan.
Credit Card - Signature
The Signature Credit Card from Al Ahil bank is highly suitable for a person on the go. This card aimed at providing a traveller with luxury privileges and benefits. This card comes with the added advantage of free supplementary cards for family members; zero per cent Foreign Exchange mark up on all transactions overseas and a fee free first year. The 2nd year fee depends on the previous year spending and can be waived off in case the annual spending excluding cash advances was at QAR 50,000 or more. Some of the luxury privileges also included unlimited and free access to airport lounges, concierge services while travelling and a credit limit of up to twice the monthly salary less regular payment deductions.