QNB Al Islami offer - QR 30000 finance without interest. Whats the catch?
Hi all,
I have just seen an ad saying that if you transfer your salary to QNB Al Islami, you are automatically entitled to a interest free loan of QR 30,000 payable over 12 months @ 2500 each.
Has someone subscribed to this offer? If yes, would appreciate if you could share your experience - good or bad.
Also, could someone know whats the catch, and also hidden charges/ fees, if any?
Many thanks.
this ad was in Gulf Times a couple of days ago, and their website also mentions this as a promotion.
On their website:
The finance amount of QR30,000 which is awarded to all new salaried account customers can be repaid over 12 months from the date of the first salary transfer which must take place before the end of this campaign which will start on June 20th until the last day of Ramadan.
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Did you check to see if they have any processing fees on this one? Apparently they also have some 10% cash back on a loan if applied and you are eligible for a QNB AL Islami Titanium Card from MasterCard which gives you 6000 qmiles if you make purchases worth 500 QR. This is only for the first 500 QR.
where did u see these ads?