Zero Interest Installment Plan
Now you can enjoy AAIB Zero Interest Installment Plan Program by converting your purchases to monthly installments with 0% interest at a one of the participating merchants through )AAIB POS machine.
- Easily convert your purchases into equal installments with 0% interest at one of the participating merchants. Please ask the merchant to enroll the transaction for installment before paying and choose the tenor from the available tenors.
- Zero interest installment plan is applicable on all AAIB Credit Cards except for cards issued in USD.
- Check our list of participating merchants, available tenors for each merchant & offer validity. *
- No required minimum amount and the maximum amount is up to 100% of the card available balance.
- Purchases transactions converted into Zero Interest Installment Plan is free of charge with no admin fees.
- Early settlement for the enrolled amount is available anytime during the installment plan with no fees.
- Customer can request an early settlement through AAIB Call Centre on 19555 or +20 226733107 internationally.
- Cardholder must not be delinquent in payments nor over limit at the time of request.
- In case the requested transaction for installment doesn’t match the terms and conditions, the bank have the right to reject the installment request and transaction to be treated as a standard purchase transaction.
- The cardholder will receive a phone call from AAIB call center to be informed with the decline reason.
- Customer has the right to resolve the rejection reason within 5 working days if possible & call back AAIB Call Centre to inform them that reason is resolved.
*List of Merchants
The Easy Installment Plan Program enables all AAIB credit cardholders to pay for their credit card transactions with a minimum of EGP 1,000 on monthly installments at a lower interest rate and repay back from 6 months up to 60 months.
AAIB Easy Installment Plan for Purchases:
- Easily convert your purchases into equal installments
- Minimum amount that can be put on installment plan is EGP 1,000 and the Maximum amount is up to 80% of the card credit limit
- Flexible tenors determined by cardholder: minimum 6 months, maximum 60 months
- Purchases transactions converted into Easy Installment Plan is free of charge with no admin fees
- Transactions are eligible on all purchases locally and internationally
- Early settlement fee is 4% of the total outstanding amounts
- Customer can make request to put transactions on Easy installment plan within one month from transaction date, as well as early settlement by calling AAIB Call Centre on 19555 or +20 226733107 internationally
AAIB Easy Installment Plan for Easy Cash:
- Easy Cash enables you to convert your ATM cash withdrawals into equal installments
- Minimum amount that can be put on installment plan is EGP 1,000 and the Maximum amount for easy cash is up to 90% of the card limit
- Flexible tenors, determined by cardholder: minimum 6 months, maximum 60 months
- Easy Cash transactions converted into Easy Installment Plan is free of charge with no admin fees
- No daily cash interest is applied on cash transactions converted into Easy Payment Plan
- Cash transactions converted into Easy Payment Plan will only be debited with the installment program interest rate as well as the cash in advance fees
- Early settlement fee is 4% of the outstanding amount
- Customer can make request to put cash withdrawal on Easy installment plan, within 10 working days from transaction date at AAIB Call Centre on 19555 locally or +20 226733107 internationally.
- Easy Installment Plan Program is applicable on all AAIB Credit Cards
- Customers should be regularly paying the monthly minimum payment dues to be eligible for the Easy Installment Plan Program by the time of the request
- Easy Installment Plan Program is available on all purchase transactions as well as ATM cash withdrawals