Sunday, 23 June 2019

Lifetime Free Credit Card

Lifetime-Free-Credit-Card

With high end brands and retail stores popping up rapidly in United Arab Emiratescredit cards are the best way to carry currency around. They are convenient to use and easy to carry. There are many options that clients can opt for but most of these charge annual fees. However, there are also some luxury credit cards that come with no fee such as:

ADIB Value Plus Card:

Minimum salary requirement for this lifetime free credit card is 5000 AED. Through this card you can win reward points on spending and later use them for shopping or dining discounts or travel miles. Interest rate on this card is 3.09%. It is an Islamic credit card.

Citibank Simplicity Credit card:

To be an eligible candidate for this card, you must have a minimum income of 5000 AED. There is no late fee or over limit fee charges. There is also no cash advance fee. With this you can avail discounts at selected eateries and access to selected airport lounges in Middle East.
It is a lifetime free credit card with a low interest rate of 3.5 % of the outstanding amount with up to a 51 day interest free period.

CBD Visa Platinum Card:

This fulfills all the criteria of a great balance transfer card with no annual fees or charges. It has a low interest rate of 2.99%.
The customer who applies for this card should have at least a salary of 8000 AED.
Clients win points on every purchase and can redeem these for travel miles. They can set their own credit limit and can also get discounts on various dining options.

CBD Visa Infinite Credit Card:

This is a conventional balance transfer credit card. Minimum income requirement is 30,000 AED. This is a great option to those customers who are averse of paying an annual fee. The interest rate on this card is 2.99%.
Clients earn points on all purchases, these points can be redeemed for Skymiles. This card also allows access to VIP airport lounges worldwide and you can avail discounts on dining, shopping and travel.

For further information and guidance visit moneyingulf.com.


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Sunday, 16 June 2019

Credit Card Loans - Loan on Credit Card - Instant Loan on Credit Cards

Credit-Card-Loans-Instant-Loan-on-Credit-Card-1030x1030

If you are thinking of borrowing money in UAE you must have noticed a wide range of banking resources available to you. You may need the funds in emergency for a festive or somber occasion; you might have to pay university fee or need money for an interesting entrepreneurial venture.  Many loan options such as personal loansalary transfer loan, etc. must have crossed across your eyes but as a layman in financial affairs you must surely be confused as to how to proceed. But do not worry, moneyingulf.com will help you and guide you towards the best possible financial solution to your woes. Credit card loans are a banking option that prospective lenders can look towards.

How does it work?

Unlike personal loans, these loans do not require extensive time or paperwork for approval. If you find the process for applying for a personal loan daunting; opt for the loan on card option instead. The documentation process is minimal because the bank already has the applicant’s details and history.
Banks look at the credit history of the customer before approving the loan and it is ideal for those people who need quick access to funds. The installments are deducted through billing.

Benefits and disadvantages:

The benefits of credit card loans are:

  • No complicated documentation involved
  • Quick approvals
  • No salary transfer required
  • Prompt access to funds

Disadvantage:

The biggest disadvantage is the high interest rate compared to other banking options. That is why it is important to make sure that the applicant does not bite off more than they can chew by applying for this loan.

Eligibility criteria:

To qualify as an eligible candidate for this loan, the client must exhibit a good credit history with the bank in question. Banks usually do not place their trust on applicants who have bad credit or other loans to be paid off. Other factors considered are monthly salary, age, etc. but different banks have different eligibility criteria.
Just log onto moneyingulf.com and engage the help of their financial experts on the matter. They will guide you if your financial history qualifies you as a good candidate for this type of loan.

Monday, 27 May 2019

Apply for loans & We offer major types of loans in UAE



major-types-of-loans
There are many occasions when a person finds himself facing a shortage of money or in need of some extra funds/Loans. For example while getting married, buying a new house or car, paying university bills or spending money on a home renovation project. You cannot always depend on savings and in such a case you might need to borrow from a bank.
Every loan candidate has their own specific requirements and a loan that may be suitable for one person might not work out favorably for another.
That is why it is good to have some basic information about the various kinds of loans that can be availed in UAE.

Major types of loans in UAE:

Salary transfer loan:

In this type of financial arrangement, the bank requires the candidates to have their salary deposited in the bank and the installments are deducted directly from the borrower’s salary. A benefit is that it offers a lower interest rate but there is a lot of extensive documentation involved as the applicant has to seek prior permission from their employers.

Non-salary transfer/ Personal loan:

This does not involve any salary transfer but it has a comparatively higher interest rate.

Credit card loan:

It is a convenient mode of borrowing money but it has a high interest rate. Credit card loan

Shariah-compliant:

Many banks in UAE offer Islamic loans such as Dubai Islamic bankMashreq bankEmirates Islamic bank, etc. The finance products are supervised by independent Sharia supervisory boards.

Documents required for applying:

Different banks have different requirements for documentation but usually applicants need these basic documents to apply for loans:
  • UAE national identity card
  • Visa documentation
  • Valid residency visa in case the candidate is an expat.
  • In case of salary transfer loan, banks ask for salary transfer agreement letter
  • Income statement
  • Post-dated cheques as security in some cases

Usual criteria:

Banks also look for certain criteria in applicants to ascertain that they are suitable candidates:
  • Minimum monthly salary criteria for various loans
  • Upper and lower age limits
  • Financial or credit history to determine if the person will be able to repay the loan.

Before you apply for loans in UAE, visit moneyingulf.com to seek their professional guidance and assistance, so that you opt for the best financial arrangement.



Saturday, 25 May 2019

Instant Cash & Quick Cash Loan UAE

Instant-Cash-Quick-Cash-Loan-UAE
Get Instant Cash loan from Moneyingulf.comQuick Cash Loans in 24 hour’s. We Offer Smart Cash Loans for our customers in Dubai, UAE. Instant cash service, you avail speedy.
Nowadays there are many ways to send and receive cash.
With latest modes your loved ones do not have to wait for days on end to receive money.
You might have to send cash in an emergency situation and instead of worrying you can turn to a latest facility. You can conveniently transfer any amount through Instant cash.

How does it work?

This facility has the superior edge when it comes to modern technology for money transfer. It is safe, secure, and convenient.
First of all locate the nearest agent or outlet and inform them that you need to transfer money. A great benefit of this service is that they have multiple outlets throughout UAE to choose from according to your convenience. Remember to take along your ID card as proof of your identity and then just give the agent the amount that needs to be sent. Fill in the form and give contact details of the person that you wish to send the amount to.
You will be issued a 9 digit transaction code; send it to the person you want to transfer money to and they can then collect the amount. You can also easily receive money through this procedure.

Best features:

  • This money transfer service offers competitive rates and minimum charges. Clients need not worry about any hidden charges.
  • This facility offers multiple options to deposit the money that has to be transferred. You can even send it to the recipient’s bank account or mobile wallet. The receiver can transact money from ATM to use. You can also send cash physically via their unique home delivery service.
  • You can send and receive money speedily. When you have to transmit any amount quickly to a friend or family member this is undoubtedly one of the best options.
  • They have a network of almost 250, 000 locations around the globe so you can send money easily from UAE to many places around the world.

Instant cash in Dubai, United Arab Emirates

So with Instant cash service, you avail speed, convenience, and trustworthiness in your cash transfers. Visit moneyingulf.com to find out more details about the procedure.