| Minimum Salary | Salary Transfer | Islamic Finance | Cashback | Annual Fee | Rate | |
|---|---|---|---|---|---|---|
Federal Bank of Lebanon - Gold Card
|
Minimum Salary: USD 500 | Salary Transfer: No | Islamic Finance: No | Cashback: No | Annual Fee: USD 0 | Rate: 1.5% |
Take your time with Federal Bank of Lebanon S.A.L. FBL’s credit cards from MasterCard offer the most valuable commodity of them all: ease of mind. Enjoy the comfort and practicality of buying now and paying later in small and manageable installments, both in Lebanon and abroad.
Features
- Travel insurance
- Pull and push SMS Banking
- Special promotions
- Monthly statements free of charge
- Monthly payments 5%-10%-30%-100% (min $50)
- Supplementary card
- Grace period (up to 52 days for retail transactions)
Representative Example
If you spend USD 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.
