In addition to the higher limit, customers can transfer balances from their existing credit card and enjoy a lower interest rate of 15.9 per cent and also win guaranteed gifts.
Eligibility for the card with the higher credit limit has been kept as simple as possible: proof that they have been a credit card holder with a leading bank in the UAE for at least one year. All the applicant needs to produce is a copy of their current card and most recent card statement.
"Many cardholders are unhappy with their current credit limit which they feel may not be enough to cover their forthcoming holiday expenses or for any unforeseen circumstances," said Steven Pinto, Head of Retail Banking Group, Mashreqbank. "At Mashreqbank we are committed to value-added services to our clients. Our Card for Card promotion will not only give them a higher credit limit but also offer them the opportunity to transfer balances on to the Mashreqbank card at a lower interest rate of 15.9 per cent and win guaranteed gifts."
The offer is subject to the bank's normal terms and conditions.
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Mashreqbank credit cards offer 20 percent higher credit limit to existing cardholders
- United Arab Emirates: Wednesday, April 09 - 2003 at 13:04
- PRESS RELEASE
Mashreqbank is offering non Mashreqbank credit card holders a 20 per cent higher credit limit with the launch of Card for Card promotion.
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Notes and media contacts
For further information please contact:Maha Yassine
Corporate Communications Manager, Mashreqbank
Tel: 04 7066287
Jack Pearce
Matrix Public Relations
Tel: 04 3430888
Posted by Anne-Birte Stensgaard, News EditorWednesday, April 09 - 2003 at 13:04 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
This article was updated on Mon Aug 18 2003.
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