| Minimum Salary | Salary Transfer | Islamic Finance | Cashback | Annual Fee | Rate | |
|---|---|---|---|---|---|---|
Bank Audi MEA Visa Corporate
|
Minimum Salary: USD 0 | Salary Transfer: No | Islamic Finance: No | Cashback: No | Annual Fee: USD 150 | Rate: 1.75% |
Bank Audi - Cedar Miles Visa Corporate is the practical solution that makes managing your finances easier and much more rewarding. In addition to being a powerful tool allowing your company to monitor and manage its employees' expenses, this card also offers the opportunity to turn these expenses into benefits by collecting Free Cedar Miles* for every dollar (USD) spent on this card.
Features
- For every card issued, your company will get a 2,000 Cedar Miles welcome bonus with 50% of the miles earned on the credit card added to its Cedar Miles account.
- With this card, your company can set limits for each employee’s spending and monitor their activities on Audi Online, track and reconcile business expenses, have a useful tool for budgeting and managing operating costs, and receive monthly and end-of-year statements.
- The maximum possible number of miles that can be gathered through expenditure on the Bank Audi-Cedar Miles corporate card is 600,000 miles per year (including employee’s miles).
** 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.
