| Minimum Salary | Salary Transfer | Islamic Finance | Cashback | Annual Fee | Rate | |
|---|---|---|---|---|---|---|
NBAD - Classic Credit Card
|
Minimum Salary: JOD 600 | Salary Transfer: No | Islamic Finance: No | Cashback: No | Annual Fee: JOD 0 | Rate: 0% |
Classic Credit Card
The NBAD Classic Credit Card offers you spending power to meet your lifestyle.
Features
- Interest free period of 56 days
- Free Purchase Protection of up to USD $10,000
- Each time your card is used, we’ll send you an SMS alert to let you know, so you can keep track of your card use and spending.
- Enjoy free Purchase Protection up to USD 10,000 against lost, damage or theft for 90 days from date of purchase.
- Get up to 56 days of interest free credit on your purchases, on payment of your current billing statement in full (i.e. 100% of monthly card outstanding).
- Plus, you can request unlimited free supplementary cards for family members, with credit limits set by you.
Additional Information
Required Documents:
If your salary is paid into an NBAD bank account, you will need:
- A copy of your National ID for Jordanians
- A copy of your passport with the residency visa page for expats
- Completed and signed application form
- A copy of your passport with the residency if non Jordanian, or your National ID if you are Jordanian
- Bank statement for the last 6 months showing income and cash flow, proof of assets, registration, business and tax returns can be treated as supporting documents where the current business has been established for more than 2 years
- Proof of owner or directorship
- Completed and signed application form
Representative Example
If you spend JD 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.
