Mashreq Bank27 Oct, 2020Business
Some of the banks can provide you the lowest rates for using a card but at the same time maybe some will charge you extra amounts on priority-based offers. The two banking systems in UAE will give you a way to get interest-free credit as well that is not common in other regions. Using a card of your type will give you a grace period between purchase and payment. For example, this period could be up to 50 days and you are free to move with for managing your financial tasks and your bank will not charge any interest rate. Although it sounds great and can be called a perfect example of buy now and pay later but keep one thing in mind that you will be charged an extra amount after this fixed period.
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