ADCB Credit Card Loan

What is ADCB Credit Card Loan in the UAE? 

ADCB credit cards come with a number of benefits, and a loan option is one of them. This facility allows cardholders to borrow a certain amount, typically up to the credit limit. Whether it’s about paying medical bills, leisure shopping, paying school fees, or home renovation, you can use this card facility to get instant cash. 

Furthermore, it’s easy to apply, as there’s no extensive paperwork, collateral requirements, or a waiting period. You withdraw the cash for personal use instead of shopping using the credit card directly. The repayment can be done in EMIs. Moving beyond typical loan options available in the UAE, ADCB credit card loans are economical with a lower interest rate. 

List of ADCB Credit Cards Loan Options  

You can get an ADCB credit card loan at a 0% interest rate or a low rate on the following cards: 

• Shukran ADCB Credit Card
• 365 cashback credit card
• Talabat ADCB Credit Card
• ADCB Etihad Guest Platinum Credit Card
• Lulu Platinum Credit Card
• Lulu Titanium Credit Card
• TouchPoints Platinum Credit Card
• TouchPoints Titanium/ Gold Credit Card
• Essential Cashback Credit Card

Alternatives to ADCB Loan on Credit Card

Mentioned below are the other significant features that you can use as a loan on ADCB CC in the UAE: 

FlexiPay

If you are looking for alternatives to the ADCB credit card loan, ADCB FlexiPay is one option. With this, it’s easier to manage your big expenses as it enables cardholders to break down their retail outstanding balance into easy monthly instalments. Ultimately, it helps you spread costs without feeling the pinch.

This FlexiPay loan alternative is available for those who have a retail outstanding balance of AED 500 or more. You can choose a repayment period that suits you, between 6 to 48 months. Moreover, you can enjoy this with low interest rates and no documentation requirements. It’s easy to access through mobile or internet banking by sending SMS “FLEXIPAY” to 2626 or by contacting the bank's customer support at 600 50 2030. Keep in mind that if you are repaying this loan early, a foreclosure fee of AED 210 will be charged. 

Instalment Payment Plan 

With this facility on ADCB CC, you can make big purchases without worrying about the upfront cost. It lets you split the cost of an expensive purchase into easy monthly instalments, with low interest rates and flexible tenures of up to 48 months. 

Plus, with this alternative to ADCB credit card loan, you 0% interest and minimal processing fees for up to 12 months if you shop with the bank’s partner merchants. You can secure this loan with a call or SMS ‘PPP’ to 2626 for quick processing. 

School Fee Instalment Payment Plans

The ‘School Fee Instalment Payment Plan’ available on ADCB credit cards saves you from digging into your savings. This facility allows you to split your education-related payments into convenient monthly instalments at 0% interest. 

You can choose from flexible tenures of 3, 6, or 12 months and manage your finances efficiently. To get this loan, you’ll only need to pay a one-time processing fee of AED 50.

Moreover, if you choose to close the payment plan before the time, an early settlement charge of AED 200 is applicable. The application process is also straightforward. Just send an SMS with “SCHOOL” to 2626 from your registered mobile number and enrol quickly.

Balance Transfer 

There are many ADCB cards, such as TouchPoints Titanium and Gold credit cards, that offer a balance transfer facility. This option has lower interest rates and enables you to repay the loan in easy instalments, in up to 48 months. 

As a new cardholder, you can enjoy a 0% interest instalment plan for up to 12 months, with a nominal processing fee. Simply apply within the first 90 days of receiving your card to take advantage of this offer. To get started, just call ADCB or send ‘BT’ via SMS to 2626. 

Cash Advance

The ‘Cash Advance’ facility on the bank’s CC gives you the flexibility to access cash whenever you need it, using your available credit limit. Whether it’s an emergency or an unexpected expense, you can withdraw cash easily from ADCB branches or ATMs. 

With this feature, you can quickly get funds without the need for separate loan approvals. Here, it’s crucial to know that interest is charged daily from the date of withdrawal until the amount is fully repaid, and a small fixed fee applies for each transaction. 

How to Repay an ADCB Credit Card Loan? 

Now that you have availed of the ADCB credit card loan offer, let’s find out how you can repay it in the right way. Here are the different repayment options of the CC loan: 

Through Online Services

You can easily pay your ADCB CC bills online through Personal Internet Banking or the ADCB Mobile App. 

Simply log in to your account  > select your credit card > make the payment in just a few clicks. 

These digital options save time and let you manage payments securely from anywhere, ensuring you never miss a due date.

Through Offline Services 

You can visit the nearest branch to pay the bill in person or use available Cash Deposit Machines (CDMs) at the branches. These method is perfect for those who prefer face-to-face service or need to deposit cash directly. 

Summing Up 

Getting a loan from a bank often involves lengthy paperwork and a time-consuming approval process. With an ADCB credit card loan, that’s not the case. It’s a quick and convenient way to access funds when you need them most, especially during emergencies. The application process is simple, requires no documentation, and gives you peace of mind.

However, before applying, make sure to review all available loan options to choose the one that best fits your needs. Also, understand the repayment terms to ensure you can manage repayments comfortably without added stress.

FAQ's On ADCB Credit Card Loan