0% Installment Plan – Everything you need to know about Easy Installments
Some transactions really can’t wait! With many shopping malls, healthcare clinics, aesthetic medical centres, and grocery stores around; merchants are now partnering with banks to offer the most convenient repayment solution, with zero interest rates. The new Easy Installment Plan thus adds value to the shopping experience, with credit cards making transactions a lot more convenient and rewarding.
Gone are the days when clients needed to first save up before being able to avail the most coveted treatments, gone are the limits for the number of purchases customers can make or having to control their cash withdrawals to pay for large value transactions. Instead, we now have the new favourable instalments option. Previously, customers would only have three payment options for beauty or medical treatment: cheque, card or cash. Nowadays, there are several payment options available for customers to choose from; money transfer via online clinic portals, PayPal or using payment plans and financing with a bank. This article will outline everything you need to know about Easy Installment Plans and how to smartly use this payment method.
What is Easy Installment Plan?
Some banks call it Easy Installment Plans others call is Easy Monthly Installments or Easy Payment Plans. All offer the same benefits, a payment system that provides the option for clients to pay for their purchases in instalments. Clients can choose this option if they are spending 1000 AED or more. The best news is that there are no interest charges for the entire instalment duration. As long as they have a credit card, customers can pay for their transactions directly in the store and choose the super-easy monthly instalments plan with any of the partner banks.
Considering that this year is about to end, now is the perfect time for the banks to introduce new flexible payment options to their valued clients and review existing ones. Since beauty treatments and medical procedures consist of several sessions, and treatments can cost thousands of dirhams—a big amount to cover by the client – these instalment payment options greatly benefit the client. The instalment plans give customers the flexibility to pay for the more expensive treatments whilst at the same time making sure that customers are not being drained of their monthly budget.
Terms & Conditions Applied
The most favourable 0% instalment schemes are currently valid through select banks. Any partnering merchants will inform clients about the Easy Payment Plan, however clients can also check with the bank before going to a merchant to see if the clinic participates in the 0% Instalment Plan. The Instalments are only applicable on transactions that value at AED 1000 and more are permitted. A one-time fee may be applicable depending on the bank, so it’s always best for customers to make sure they ask the merchant staff prior to making the payment if there are any other fees within the transaction. If the customer still has questions they can always contact the bank for more information. All client credit cardholders can modify their eligible transactions into 0% annual percentage rate with participating merchants and banks by selecting the most convenient repayment duration. Customers can enjoy 6 or 12 months 0% Installment on purchase of AED 1000 and above.
Payment plans provide an instalment agreement between the merchant and client to diffract the cost of the services or treatments into more feasible sums within a set period of time. For Additional FAQs about installment plans visit https://www.emiratesnbd.com/en/deals/view-deal/?d=international-aesthetic-medical-center-7544 and https://www.facebook.com/IAMCUAE/