When shopping for a car, computer or even a new pair of jeans, it's always an intelligent move to wait for a sale. But what about when you shop for a mortgage, home insurance or a personal loan?
Running until February 28, HSBC Middle East is offering the first retail banking sale in the UAE.
Over the course of the promotional period, HSBC customers can visit any of the bank's branches or head online at www.hsbc.ae/sale for the latest deals on insurance, personal and car loans, mortgages, credit cards and investment products.
"We are the first international bank in the UAE to hold such a bank-wide sale that covers a wide range of both conventional and Amanah customer banking products," says Rick Crossman, the head of personal and financial services at HSBC.
"This campaign promises to be an exciting one with six straight weeks of attractive offers and incentives for existing as well as new customers."
As part of the sale, new credit-card customers will receive 20,000 air miles for every new platinum or gold card.
Meanwhile, if you start a Premier account, you pick up 30,000 air miles and 20,000 for opening an Advance account.
For those searching for a personal loan, the usual interest rate of 9.99 per cent has been reduced to 6.99 per cent for Premier clients, with a 50 per cent discount on the processing fee. You can now borrow up to Dh250,000 over a period of six months to 60 months.
Advance and personal-banking customers receive a reduced interest rate of 7.49 per cent and 7.99 per cent respectively.
Prospective home buyers will benefit from a discounted interest rate of 5.99 per cent (down from 6.75 per cent) on completed properties for HSBC Premier and Advance customers.
The offer comes with free home-comfort insurance on personal belongings as well as a 25 per cent discount voucher for Index Living Mall at the Dubai Mall when you spend at least Dh5,000.
Drivers seeking motor insurance can take advantage of a 10 per cent discount on premiums, up to Dh4,000 cover for personal belongings, 24-hour accident and recovery service and personal-injury cover of up to Dh20,000.
Finally, if investing is your game, clients can enjoy a 0.25 per cent extra allocation on any amount invested in the bank's wealth-management services.