With the Arab Bank Internet Shopping Card, Internet shopping could not be easier and more convenient. It is flexible, secure and offers you a host of benefits.
Features
- Designed for convenient, secure and easy access to the world of online shopping
- Issued with a smaller and separate limit from the primary Arab Bank Visa Credit Card for enhanced protection and security
- Minimal card issuance fees
- More secure online shopping with “Arab bank Verified by Visa/ MasterCard Securecode Service”
- Internet Shopping Card can be used at any website that displays the Visa logo
- Separate monthly statement to manage your purchases more efficiently View balances and details of your card through our Internet Banking Services (Arabi Online)
- Free SMS alerts to keep you updated on all your card transactions
- Quick card application processing time
Additional Information
Documents Required:
- Valid national ID or valid passport with valid Resident visa (for Non-Jordanian)
Representative Example
If you spend AED 1,200 at a purchase interest rate of 18.9% (variable) your representative APR will be 18.9% (variable).
** Calculator Definitions
Amount:
The total amount of money borrowed, also referred to as the principal amount.
Rate (%):
This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years:
This is the original term or length of the product, stated in years.
Effective Monthly Payment:
This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%):
The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.