Deals of the Week: Mashreq Bank's credit-card customers get a break



While Ramadan was a time for endless deals and promotions, Eid Al Fitr has also proved to be a beneficial period for your personal finances.

Mashreq Bank is offering its customers a 25 per cent discount on any credit- or debit-card purchases made until the end of this month.

The Dubai-based lender - the emirate's second-biggest bank by assets - has tied up with more than 11,000 retail outlets, hotels, restaurants and attractions and hopes its offer will ease the financial burden on customers during the festive season.

"We deliver fabulous privileges, ensuring that we constantly accommodate our customers and tailor-make offers that are value added," says Farhad Irani, the head of retail banking at Mashreq.

The offer runs until the end of September.

For more information, call 04 424 4444.

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Abu Dhabi Islamic Bank (ADIB) has launched a Haj and Umrah travel finance package with a 0 per cent profit rate for up to 12 months.

The Sharia-compliant bank's offer also features a grace period of up to 90 days before the first instalment can be paid and no processing fees.

The offer is valid until October 31 and the pilgrimage to Mecca must then be completed within one year.

"We are well connected to the needs and desires of our core target audience, whose hearts yearn to visit the most precious place on earth," says Dhafer Luqman, the head of products and retail international at ADIB.

"We feel privileged to be able to help our customers perform the pilgrimage at the lowest cost possible. We expect a large uptake of this product among the faithful this year."

For more information, go to www.adib.ae.

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Citibank has become flydubai's first international banking partner and will provide its loyalty programme customers with a host of special travel privileges.

Under the new partnership, Citibank card members can now convert their Citi Miles and CitiDollars into flydubai vouchers, which can then be used to purchase flights on Dubai's first low-cost airline.

The offer applies to all Citibank PremierMiles and Citi Life credit-card holders.

"Flydubai is fast becoming a force to be reckoned with in the global aviation industry and with its passenger numbers growing 200 per cent in just two years, it's obvious just how popular the brand has become," says Sanjoy Sen, Citibank's consumer bank head - Middle East, Pakistan and North Africa region.

Launched in 2008, flydubai is one of the world's fastest-growing start-up airlines, recently announcing new routes to Ufa and Kazan in Russia, taking its global route network to 44 destinations.

"We aim to make the whole experience, from booking and paying for flights to reaching a destination on time, easier and partnerships such as this are part of that commitment to quality and convenient travel," says Ghaith Al Ghaith, the chief executive of flydubai.

For more information, go to www.citigroup.com.

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Tips for used car buyers
  • Choose cars with GCC specifications
  • Get a service history for cars less than five years old
  • Don’t go cheap on the inspection
  • Check for oil leaks
  • Do a Google search on the standard problems for your car model
  • Do your due diligence. Get a transfer of ownership done at an official RTA centre
  • Check the vehicle’s condition. You don’t want to buy a car that’s a good deal but ends up costing you Dh10,000 in repairs every month
  • Validate warranty and service contracts with the relevant agency and and make sure they are valid when ownership is transferred
  • If you are planning to sell the car soon, buy one with a good resale value. The two most popular cars in the UAE are black or white in colour and other colours are harder to sell

Tarek Kabrit, chief executive of Seez, and Imad Hammad, chief executive and co-founder of CarSwitch.com


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