COMMERCIAL BANK QATAR Credit Card - Sadara Package
|Minimum Salary needed||QR25,000 for Qatris: QR35,000 for Expats|
|Maximum amount available||Not mentioned|
|Length of Loan||Life Time|
|Profit Rate||Not mentioned|
|Upfront Fees ( if any )||No|
|Eligibility||Salary transfer to CBQ account|
|Main Features||Free First Year Fee; Free Renewal Fee; Credit Shield Benefit; Loss of Employment Coverage; Travel Insurance;|
COMMERCIAL BANK QATAR
The Commercial Bank is financially sound with assets valued above QAR 80 billion. The bank has continued to grow, thanks to the insight of its founders, dedication of its staff, its sound policies & investments and a strong network of subsidiaries, strategic partners and banking partners. The bank’s financial position can be better understood from its growing list of assets and widening customer base. The bank is listed on Qatar Exchange. The Commercial bank can also be credited as the 1st Qatari bank to list its Global Depositary Receipts & bonds on the London Stock exchange and its Swiss Franc bond on the SIX Swiss exchange.
Most of Qatar’s Oil and Gas companies including Qatar gas, Ras gas and Qatar Petroleum are headquartered in Doha. This has resulted in Doha’s growth as Qatar’s economic capital. The local government however, is extremely future oriented. It is therefore working hard to diversify and remove the economic dependence on oil. While the country’s natural reserves of oil and gas have played a significant part in its economic growth, the country’s current policies and modernisation program has helped transform Doha into a major economic hub in the Middle-east. This forward thinking has made Doha a much sought after location for regional offices by many multi-national companies.
Credit Card - Sadara Package
The Sadara package from Commercial Bank bundles together a Visa Infinite and a Diners Club Credit Card. The privileges that accompany this package are customised to individual lifestyle and taste. Interestingly the reward points for this package are calculated not just on credit card spending but also on all the cardholder’s operational accounts with the bank including mortgage, savings and select investment products. These rewards are in addition to those offered on Diners club and Visa Infinite individually. The Diners Club Card comes with free access to more than 450 airport lounges, dedicated customer service lounges, Diners Club shipping service, special offers from premium outlets and Priority service at Commercial Bank Branches. The Visa Infinite offers complimentary travel insurance, Global concierge service, Hilton Honours Gold Membership and periodic offers on dining, travel and shopping.