Easy Buys is a unique credit card offered by First Gulf Bank (FGB). From planning a family holiday to buying jewelry for your wife, you can make every purchase through monthly EMIs with the Easy Buys Credit Card. The card makes everything accessible for customers by automatically converting all their purchases into easy monthly installments without requiring any paperwork. With this card, you can fulfill all your dreams with more ease. The card has several attractive features as listed below.
Features of the Easy Buys Credit Card
- Annual Fee: The card does not charge any annual fees for the first year. However, from the second year onwards, you need to pay AED 50 as annual fees.
- Instalment Amount: For a tenure of 12 months, the instalment amount is AED 94, for 18 months it is AED 66, for 24 months it is AED 53 and for 36 months it is AED 40.
- Cash Advance: Cash advance facility will not apply on this card.
- Minimum Spend Amount: The minimum spend amount applicable is AED 300. The minimum spend amount may be revised by the bank from time to time.
- Interest Rates: Customers will be charged an interest for each transaction (to be determined by the bank from time to time) from the date of transaction to the date of repayment of the amount. The interest charged on the card is a flat rate. No interest will be reversed on premature cancellation of transaction.
- Late Payment Fee: AED 250
- Card Replacement Fee (1 time free per year): AED 100
- Credit Shield (for every AED 100): AED 0.95 (first month free)
- Overlimit Charge: AED 200
Additional expenses such as postage, courier, fax, legal fees and so forth will be charged wherever applicable. Other terms and conditions apply.
Benefits of the FGB Easy Buy Credit Card
The card offers certain benefits which make it attractive for customers.
Credit Limits: To ascertain if the credit limit has been exceeded, the full amount of the transaction will be taken into consideration. The bank will then reduce the available credit limit depending on the interest rate and other applicable fees.
Monthly Instalment: For each transaction on the Easy Buys card, customers will repay the principal amount of each transaction along with the applicable interest rate and other charges by way of monthly installments depending on the tenure selected.
The FGB Easy Buy Credit Card is a truly easy to use credit card in that it offers customers greater leeway in terms of making purchases courtesy the monthly instalment plans which do not require any cumbersome paperwork, thereby making it a hassle-free experience for cardholders.
All the features and benefits offered by the FGB credit cards are meant to ensure that customers who opt for this card also get a sizable number of benefits that make using the card more profitable for them.