Bank Islam Credit Card Interest Rate

Bank islam visa infinite credit card i with easy payment plan epp grant yourself with this credit card which provides 3x financing limit of your monthly salary.

Bank islam credit card interest rate. Profit rates effective 01 november 2020 to 30 november 2020. When you apply for bank islam platinum mastercard credit i. Profit rate 13 5 p a. This card is completely free from any riba or gharar.

For purchases and balance transfer transactions bank islam adopts a tiered interest rate in a range of 13 5 17 5 per annum. Riba is usually translated as interest which means an extra amount charged in transactions dealing with silver gold or money. Bank islam card bic is the first purely shariah contract based credit card to be offered to muslims and non muslims in malaysia. Cardmembers who promptly settle their minimum payment due.

The profit rate charged will commonly be higher should you have a history of inconsistent repayments and lower profit rate if you are prompt in repayments. What are the profit rates for bank islam credit card. Unlike most credit cards bank islam gold mastercard card i comes with a minimum interest rate of 13 5 per annum rather than 15. Profit rates from 16 october 2020 to 15 december 2020.

Get latest promotions and freebies from bank islam do a balance transfer with p a to your account for more cash in hand.