Applying for an Emirates NBD Credit Card and Making the Most of It!
Credit cards have become an absolute necessity in our day-to-day lives. We use them to pay for our groceries, fuel, morning coffee or even to borrow cash. Applying for a credit card has become so much easier now with advancements in digital banking and banking apps, which are constantly evolving. You can also apply for supplementary cards to share with your family and dependents, including your maid and friend. Now, managing your financial obligations has become much smoother and easier. There are hundreds of credit card options to choose from, each offering multiple attractive benefits from movie tickets to airport lounge access, and more. It’s safe to say we are spoilt with many options! While many cards come with generic benefits, some are tailored to suit the needs of the modern-day customer, based on their lifestyle and salary bracket. Some examples are the Emirates NBD Mariott Bonvoy cards that offer attractive hotel stays and discounts, the Emirates NBD Skywards Credit Cards, offering airline tickets and travel offers, the EmiratesNBD Visa Flexi, LuLu 247 Titanium Mastercard Credit Card and so many more. Credit cards give us the financial flexibility to borrow immediately at the time of purchase and pay the bank later. Card holders enjoy a 40 to 55-day free credit period when they make a purchase. Let’s have a look at all the benefits you can get from owning a credit card: 1. Interest-free days When a customer makes a purchase, they can pay after the period of 40 to 55 days, without interest. The payment must, however, be made before the next due date, otherwise interest on the total statement amount will apply. 2. Payment in installments When you make high-value purchases and you are not in a position to make immediate payments, some credit cards allow you to pay off these debts in the form of monthly payments, also known as equated monthly installments (EMI). These installments can be paid in tenures ranging from 3 months, 6 months, 9 months, 12 months or even more depending on the card or the vendor you made the purchase from. 3. Cash withdrawal