The Gold Credit Card, offered by the National bank of Abu Dhabi, offers cardholders features that ensure you always have the purchasing power you want. It comes packed with attractive features like a reward program, which lets you earn even as you spend on the card, and benefits that offer protection for what you purchase and for the outstanding balance on your card. One of the most attractive features of the card is that it offers high credit limits along with interest free periods wherein you won’t have to pay an interest on the outstanding amounts.
Features of the NBAD Gold Credit Card
- Annual Fee: This card has no annual fee associated with it. Even if you take supplementary cards, you won’t have to pay any annual fee for them.
- Interest Rates: Both retail purchases made using this card and cash advances taken attract an interest rate of 3.09% per month.
- Credit Period: The card come with an interest free period of 56 days provided you 100% of the outstanding balance.
- Cash Advance: In case you are in need of money in a hurry, you can take up to 40% of your credit limit as cash advance. In some cases this limit may be raised to 75% too.
- Cash withdrawals: The fee that will be charged for cash advances will be the highest of 3% of the amount withdrawn or AED 100.
- International transactions: While the card can be used for international transactions, they will attract a charge of 2.75%.
- The card offers flexibility in payments where you can pay back as little as 5% of the outstanding balance or AED 100, whichever is higher, every month.
- If you lose your card and apply for a replacement for it, you will not be charged any fee for replacing the card.
Benefits of the NBAD Gold Credit Card
- Instalment Plans: Big purchases made using these cards can be turned into easy payment schemes where you can take up to 36 months to pay the card back. You will have to pay an interest for this service but it is a very nominal amount that ranges from 0.70% to 1% per month. The shortest period for which you can take an instalment plan is 3 months. If you go in for a repayment period of 36 months then you won’t be charged any monthly interest.
- Credit Shield: For the payment of 0.85% of the outstanding balance or a maximum of AED 1,700, you can ensure that if something were to happen to you, the outstanding balance on your credit card will not become a burden on you or your family.
- Special Offers: The card offers special discounts up to 20% at restaurants, up to 40% on clothes and accessories, up to 30% when you travel and up to 20% at select spas.
- When you use this card to make purchases, what you buy is protected against theft, loss or damage for a period of 90 days, up to an amount of USD 10,000.
NBAD Gold Credit Card Rewards
The Gold Credit Card comes with the NBAD Stars rewards program under which you earn 1 Star for every AED 1 you spend on this card. The stars you earn can then be used to acquire Skywards Miles from Emirates or added to an NBAD Stars Card which lets you shop using the reward points you have.
The card offers cardholders a host of features and benefits along with the added security of SMS alerts that allow you to know when your card is used and prevent unauthorised usage of your card by giving you the opportunity to report unusual activity on your card in time.