| Minimum Salary | Salary Transfer | Islamic Finance | Cashback | Annual Fee | Rate | |
|---|---|---|---|---|---|---|
The American Express - Gold Credit Card
|
Minimum Salary: QAR 12,000 | Salary Transfer: No | Islamic Finance: No | Cashback: No | Annual Fee: QAR 350 | Rate: 2.3% |
Features:
If you spend QAR 1,200 at a purchase interest rate of 18.9% (variable) your representative APR will be 18.9% (variable).
- You require a minimum salary of 11,950 QAR per month to be eligible for this Card
- The annual fee applicable on this Card is QAR 350 plus an QAR 100 annual fee for enrolment into the Membership Rewards Loyalty Programme
- Enjoy up to 56 days of interest free credit. After that, it's just 2.30% per month
- The foreign currency rate applicable on overseas transactions is 2.80%
- There are currently no balance transfer facilities on this Card
- You will always earn 1 full Membership Rewards Point for every QR 4 of spends. Points never expire and can be redeemed for complimentary flights and upgrades with 12 airline partners: Emirates Skywards, Etihad Guest, Flying Blue (AirFrance KLM), Asia Miles, British Airways Executive Club, Delta SkyMiles, Gulf Air Falcon Flyer, Iberia Plus, Qatar Airways Privilege Club, Royal Plus Programme, and Oman Air Sindbad
- Transfer Membership Rewards Points to 12 leading Airline partners, including Emirates Skyward and Qatar Airways Privilege Club Exclusive world-wide offers on travel, leisure, dining and premium shopping
- Savings on dining, entertainment, health, leisure and shopping
- Complimentary Travel Accident and Inconvenience Insurance
- Complimentary Retail Protection Insurance
- Worldwide Customer Care and Emergency Card Replacement
If you spend QAR 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.
