FGB launches reduced rate credit card plans

In line with its commitment to the community in which it operates and its vision to meet the banking needs of UAE residents, leading financial partner of choice, First Gulf Bank (FGB) is offering new reduced- rate credit card options for Emiratis with decreased interest fees and monthly charges. The new service is applicable for all Emiratis applying to any of FGB’s credit cards. It features an interest rate of 1 per cent for customers who transfer their salaries to FGB and 1.5 per cent for customers that transfer wages to other banks, while also offering 50 per cent discounts on all fees and charges pertaining to card usage. In addition to receiving a card free of charge and being fully except from any renewal fees, the service enrolls its users in an annual savings scheme allowing them to collect up to Dhs10,000. Commenting on the new service, Abdulwahed Juma, Head of Corporate Affairs at FGB said: “First Gulf Bank continuously works on providing high-quality products to reflect current market trends and needs of our customers. Our new credit card service for Emiratis offers our national customers optimum value and a number of privileges.”