The Classic Credit Card offered by the National Bank of Umm Al Qaiwain (NBQ) is a card that has been designed for those who prefer high credit limits with lots of benefits. Not only is this card issued for free, it also affords cardholders access to some great features like attractive discounts, high cash advance limits, loyalty programs, roadside assistance services and much more. If you are one to travel a lot then this card also comes with complimentary travel insurance which can offer covers to the tune of USD 1 million.
Features of the NBQ Classic Credit Card
- Annual Fee: The bank charges no annual fee for the primary card, however, if you take supplementary cards then they too will be provided free from any annual fees.
- Interest Rates: The interest charged on retail purchases and cash advance will be 2.49% per month.
- Credit Period: The Classic Credit Card comes with an interest free period of 45 days.
- Cash Advance: Unlike many other credit cards, this card allows you to take up to 100% of your credit limit as a cash advance.
- Cash withdrawals: Cash advance transactions will attract a fee of AED 20 in addition to 3% of the transaction amount.
- International transactions: This card can be used to make international transactions for which you will be charged a fee of 2.49%.
Benefits of the NBQ Classic Credit Card
The card offers benefits that range from high credit limits to additional facilities meant to make your experience of the card more enjoyable.
- Instalment Plan: Any big purchase you make using this card can be converted into easy to pay instalments.
- Special Offers: You will be entitled to discounts of 50% at over 1000 medical outlets across the country.
- You can even increase your credit limits temporarily in case you are expecting to encounter heavy expenses. This can be done by paying a fee of AED 50.
- You can transfer the balance for any other credit card to this card.
- Purchases made using this card will also be protected against theft, loss or damage via a free purchase protection scheme.
- In case you suffer a breakdown, you will have access to a round the clock Road ResQ that will help you in case you have a flat tyre, dead batteries or need a tow.
NBQ Classic Credit Card Rewards
The reward scheme offered by the card converts all your retail expenses into a 1% cash back offer.
All the features and benefits of the NBQ Classic Credit Cards work in unison to ensure that your membership with this card is as enjoyable and convenient as possible.