Doha bank Lulu card
By Pradeep.sonic •
In our office 7 staff recently got Doha Bank Lulu credit card. Doha Bank representative did not mention to us that minimum of QR 3500 will be blocked from our account. Credit limit for the card is QR 3500. So by blocking QR 3500 they are giving us credit facility for the same amount.
All of us felt this is a stupid card and we want to cancel. Most of us didn’t use it. Now Bank informed us cancellation charge will be QR 300 and QR 3500 from our account will be blocked for another 45 days. We argued that as we didn’t use the card the same is not acceptable. Most of our staff are sad as they don’t have enough money for the coming Christmas. All of us are waiting for the justice from Doha bank authorities.
Awaiting your advise and feedback
A card, of it is free for life, there shouldn't be any cancellation charges. They charged me 300 QAR cancellation after using the card for 1.5 years and on top of that deducted from savings account the money they paid to me as cash back on my spends! I tried to speak to phone baking and visited the branch, simple answer is "there are terms and conditions which you didn't read"
Using lulu doha bank card for past 3 years, point accumulated is 429, amount given QAR 21. Is it worth to have this card..?
I paid interest much muh more than QAR 21....
Guys don't go for it., It is a business for them....
it is always your choice guys..regarding credit shields,it's really up to you if you want that.
Read first before you sign any documents.
About pointing system,it's easy to understand.
If you spent 100QR, you will get 5points. 1point=1QR
You can redeem your points after two days of the said transactions through purchases,just inform the cashier in case you are in LULU. They are trained to doing such transactions.
There is a form that the customer signs for allowing the bank to blocked any amount from his/her account. The minimum blocking amount is 3500 to get 3000max credit limit. The money is there and it is earning interest also, you will not loose anything.
Hi! we applied for one also and just receive it yesterday. We are informed that if your account with DOHA BANK is SAVINGS ACCOUNT or your not receiving your salary through DOHA BANK there will be a maintaining balance of QR3,500.00 but if you are CURRENT ACCT holder you will not be required to have a maintaining balance of the said amount.
Read more: http://qatarliving.com/node/2378223#comment-2018677#ixzz1gVjst1pf
Hi! we applied for one also and just receive it yesterday. We are informed that if your account with DOHA BANK is SAVINGS ACCOUNT or your not receiving your salary through DOHA BANK there will be a maintaining balance of QR3,500.00 but if you are CURRENT ACCT holder you will not be required to have a maintaining balance of the said amount.
Read more: http://qatarliving.com/node/2378223#comment-2018677#ixzz1gVjst1pf
did you read the fine print before signing on the dotted lines?
Thanks Moderator.
I noticed, reply to this post has been removed in no time.
With all respect Doha Bank, please note this post is just to get justice.
Thank you for your understanding.
Thanks for the advise. I wish this will help other Ql members not to fall into this trap.
there is aalso bank offered cashback on credit card and was also offering ticket to middle east location on salary tranfer....
once opened account...i came to know min spent 2000 to get cash back and on ticket u have to pay tax....
ultimately it was useless...and i was told tht i cannot cancel my account for 1 year....even i didnt use any of the facility....
so better to check these pranks before u fall into these...
specially new comers
dont wait anyfuthers contact Customer protection Qatar central bank let them handle and solve it. Contact them now. here details http://www.qcb.gov.qa/English/ConsumerRelations/Pages/Overview.aspx