Features
- The Internet card protects you from the possibility of online fraudulent activity, cash withdrawals or retail transactions.
- Your Internet Card limit is restricted to 20% of your overall primary card limit, minimizing your risk exposure when you shop online.
- Though linked to your primary Al Islami Card, your internet card transactions will appear separately, allowing you the convenience of tracking your online purchases.
** 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.