This guide will show you how to cancellation auto debit credit card payments. You'll be well-equipped to regain control over your credit card payments and take charge of your financial journey in UAE.
Emirates NBD is one of the most reputed banks in the United Arab Emirates. It provides a great range of financial services and products including wholesale, retail, corporate financing as well as investment banking. Further, it also offers services in the international markets of countries like Saudi Arabia, Egypt, the United Kingdom, India, and Singapore.
Emirates NBD credit card cash withdrawal feature, allows customers to withdraw cash using their Emirates NBD credit card in liquid form. This facility allows cardholders to withdraw cash by simply swiping their credit cards through an ATM or over the counter at the bank. To understand cash withdrawal service better let us explore some important elements.
Emirates credit card cash withdrawal limit is the maximum amount of liquid cash you can withdraw using your NBD credit card. You can't withdraw more than the limit assigned to you. But note that this limit is not the same for every customer. It varies from one cardholder to another and depends on multiple factors like the credit score of a customer.
Coming to the charges applied to Emirates NBD credit cards, you are subjected to a cash advance fee of Emirates NBD along with certain finance charges. Here, the cash advance fee is 3.15% and the monthly finance charges range from 3 to 5%. Note, that these charges can be different for different individuals. So, make sure to confirm with your bank.
Similar to any other product, the credit card cash advance option offered by Emirates NBD credit card also comes with certain advantages and disadvantages. While it allows you to have cash when no other credit source is available, there are charges associated with it. Below are some perks and downsides of the same:
Wondering how to withdraw cash using Emirates NBD credit card? Let's find out!
You can use the Emirates NBD credit card in the same way you use a normal debit card to take out cash from an ATM. Follow the steps below:
When you make withdrawals using the Emirates NBD credit card cash advance option, then make sure to settle your amount as soon as possible, no matter how small it is. This will save you from high-interest rates and also keep your credit score healthy.