Khaleeji Commercial Bank (KHCB), one of Bahrain’s fast growing Islamic retail banks, has announced the latest addition to its credit card lineup; the Easy 36 Card which works on the VISA network. The new credit card is introduced as part of KHCB’s commitment to continuously provide flexible financing solutions which address specific needs and provide enhanced benefits for customers.
The Easy 36 Credit Card comes with exceptional featureswhereby a customer can repay a purchase made in or outside Bahrain, by default over 36 equal monthly installments. In addition, a customer can use the card for a variety of purposes such as payment of annual tuition fees, travel expenses, dental consultations or for purchases of home appliances and electronic items.
Commenting on this new addition to KHCB’s range of credit card solutions, Mr. Khalil Al Meer, Chief Executive Officer of KHCB said: “Khaleeji Commercial Bank continues to offer flexible solutions to address diverse needs, from personal necessities to family matters. This is the evolving commitment of KHCB; to address needs and at the same time fulfill aspirations.”
The Easy 36 Credit Card is one among KHCB’s comprehensive range of innovative and pioneering retail banking products. Easy 36 is part of the bank’s ‘add value’ cards which encourage customers to lead better lifestyles by using the card to enhance their family’s healthcare, education, travel experiences and home environment.
Easy 36 Credit Card holders also have the advantage of earning miles on everyday purchases that can be directly redeemed towards Gulf Air’s ‘Falcon Flyer Programme’ (FFP), in addition to 15% and 10% discounts on all Gulf Air Business Class and Economy Class tickets respectively, purchased through the Gulf Air website.
Mr. Khalil Al Meer added: “Easy 36 Credit Card serves its purpose well by providing incomparable valuebecause in addition to high security features, low profit rates, worldwide acceptance and flexible purchase options, the credit card also enables customers to finance their needs with very comfortable equal installments over a 36 months period. Easy 36 definitely offers a convenient route and a helping hand for people to easily achieve their dreams.”
Easy 36 credit card is based on Qardh Hassan Transaction and the bank fees will be earned based on Ijarah. All transactions purchased through the credit card will be repaid over 36 equal monthly installments, and a customer can change the tenor upon request through the KHCB Call Center within 48 hours. Easy 36 Credit Card also provides travel insurance for primary and supplementary cards, including provision of a supplementary card for relatives upon request.
For more details and application requirements, interested customers can check the KHCB website at www.khcbonline.com or contact the call center on 17540054.
Headquartered in the Kingdom of Bahrain, Khaleeji Commercial Bank BSC is a fast-growing Islamic retail bank that endeavors to achieve its vision to be a leading domestic and regional Islamic Bank, providing a comprehensive range of high quality Shari’ah compliant banking and Investment products, services and investment opportunities to their customers and corporate clients.
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