Lloyds TSB Dubai now offers lowest interest rate on credit cards in UAE

In addition, customers are no longer charged an annual fee for newly issued cards or at time of renewal. With this bold move, the only triple A rated bank in Dubai now offers the lowest interest rate in the UAE.

Lloyds TSB Regional Manager Giles Cunningham said, "We led the way in offering the most competitive home loans to UAE residents and now can claim to offer the best credit card rates in the country. We aspire to be the most recommended bank and will continuously strive to give the best in global banking to our customers."

This pioneering credit card product offers numerous features and benefits. Some of the highlights include 48 hours lost card protection, easy repayment terms, up to 55 days interest free, a direct debit option, 24 hours assistance, travel & accident insurance and 90 day purchase protection.

The main branch of Lloyds TSB is in Jumeirah, housed in a custom built landmark building, located on Al Wasl Road opposite Safa Park. The bank also now has a Customer Service Centre located in the heart of the Arabian Ranches residential development in the Arabian Ranches Community Centre with another at Dubai Health Care City coming soon. Lloyds TSB Dubai employs 170 people and provides a full range of services including: Personal Banking, Commercial Banking, Corporate Banking, Offshore Banking, Private Banking, Treasury Services and Trade Finance Services. In addition to market leading auto and home loans, credit cards, personal and commercial loans, current and savings accounts, and fixed term deposits, Lloyds TSB Dubai also offers easy accessibility to telephone banking and secure internet banking 24 hours a day, 7 days a week.