| Minimum Salary | Salary Transfer | Islamic Finance | Cashback | Annual Fee | Rate | |
|---|---|---|---|---|---|---|
Commercial Bank of Qatar - Classic Credit Card
|
Minimum Salary: QAR 4,000 | Salary Transfer: Yes | Islamic Finance: No | Cashback: No | Annual Fee: QAR 250 | Rate: 1% |
The Classic Credit Card contains a Visa Credit Card or MasterCard and is your perfect work, travel and shopping companion.
Enjoy the convenience, flexibility and spending power you’d expect – not only in Qatar, but also at over 27 million outlets and 700,000 cash machines worldwide.
CBQ Classic Credit Card Features:
If you spend QAR 1,200 at a purchase interest rate of 18.9% (variable) your representative APR will be 18.9% (variable).
Enjoy the convenience, flexibility and spending power you’d expect – not only in Qatar, but also at over 27 million outlets and 700,000 cash machines worldwide.
CBQ Classic Credit Card Features:
- Exclusive cardholder offers
- Call for Cash
- Buy Now Pay Later at 0% interest
- Up to 3 free supplementary credit cards
- Credit Shield Plus
- World-class security benefits
- Classic Credit Cards help you stay on top of your finances with monthly itemised statements. You can repay in full and take advantage of up to 45-days interest-free, or choose to repay in installments from as low as 4% of the balance.
- The Classic Credit Card is adaptable – you’ll get a credit limit up to two times your salary with subsequent increases based on your credit card use. We’ll give you flexible payment and statement dates, plus payment holidays of up to three months per year.
- Credit Cards for three family members are free with all transactions listed and billed to your bank account. The Classic Credit Card also brings you special promotions, incentives, and superior discounts and deals.
- You need to be aged 18 to 65 years
- Resident of Qatar
- Your monthly salary needs to be a minimum of QAR 4,000, transferred to your Commercial Bank Account
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.
