| Minimum Salary | Salary Transfer | Islamic Finance | Cashback | Annual Fee | Rate | |
|---|---|---|---|---|---|---|
Gulf Bank - MasterCard Platinum
|
Minimum Salary: KWD 250 | Salary Transfer: No | Islamic Finance: No | Cashback: No | Annual Fee: KWD 75 | Rate: 8.33% |
Features & Benefits:
If you spend KWD 1,200 at a purchase interest rate of 18.9% (variable) your representative APR will be 18.9% (variable).
- Cash withdrawal is available for up to 100% of the Cardholder’s Credit limit
- Choice of MasterCard Platinum Charge Card or Credit Card
- EMV chip enabled for enhanced security, safety and convenience
- Buy now & pay later: Enjoy a flexible and convenient way to pay with a minimum payment of 8.33% per month with no need to carry cash. The proposed Credit Card allows a convenient and flexible means for repayment
- Worldwide acceptance of the Credit Card at more than two million ATMs and 33 million point-of-sale terminals
- Gulf Rewards Program
- Discounts program
- Lounge Access
- Travel Insurance
- Cleartrip.com Offer
- Careem Chauffeur Service
- Fraud Protection
- Purchase Protection
- Priceless Arabia
- 3D Secure
If you spend KWD 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.
