| Minimum Salary | Salary Transfer | Islamic Finance | Cashback | Annual Fee | Rate | |
|---|---|---|---|---|---|---|
Kuwait Finance House - Visa Platinum Select Credit Card
|
Minimum Salary: KWD 0 | Salary Transfer: No | Islamic Finance: Yes | Cashback: No | Annual Fee: KWD 25 | Rate: 0% |
Overview
Kuwait Finance House is pleased to present Visa Platinum Select Credit Card. It comes with Chip and Contactless ‘Visa pay Wave’ technology enabling you to make payments easily and safely with advanced security features and highest international standards. This card presents the best features and privileges that can be presented by credit cards, some of which are flexible credit limit, discounts, promotions, further to limited airports lounges access.
Card Name:
Visa Platinum Select Credit Card ( Charge )
Annual fees:
KD 25 (Deducted after card issuance).
Due amounts are deducted monthly on a specified date.
Credit Limit:
Allowed credit limit starts from KD 400 to KD 1,499.
Eligibility:
- Customer salary is transferred to a KFH account.
- The existence of Fixed Deposit at KFH
- Reserved cash at KFH equivalent to Credit Limit of the group
Features
- Free annual 6 visits for the cardholder to access selected airport lounges (Lounge Key).
- Purchase protection and extended warranty services provided by VISA.
- Global and domestic special offers from Visa.
- Special discounts from renowned international brands in Kuwait.
- SMS Service from KFH.
- E-Statement service.
** 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.
