x Abu Dhabi, UAEWednesday 20 September 2017

Deals of the Week: Mashreq offers dining discounts

Mashreq bank, Dubai's third-largest lender by assets, has launched a programme that offers holders of its credit or debit cards discounts of up to 25 per cent if they dine at 400 participating restaurants in the Emirates.

Mashreq Bank is offering dining discounts for its credit card customers. Nicole Hill / The National
Mashreq Bank is offering dining discounts for its credit card customers. Nicole Hill / The National

Mashreq bank, Dubai's third-largest lender by assets, has launched a programme that offers holders of its credit or debit cards discounts of up to 25 per cent if they dine at 400 participating restaurants in the Emirates.

The Mashreq Flavours programme will also give 40 of the bank's customers the chance to dine free every month. To be eligible for the draw, customers who have paid for their meal with a Mashreq credit or debit card will go into a draw for their chance to win. If they are one of the 40 winners, their winning transaction is then credited back to their card.

"Through our Mashreq Flavours partner network, we have ensured that the full range of cuisines and restaurants across various price points are covered so that all our customers enjoy this programme with their family and loved ones throughout the year," says Nimish Dwivedi, the head of payments at Mashreq.

"With our commitment to 40 lucky customers every month, Mashreq Card members also have a unique opportunity to dine free through the programme."

The bank says the programme is designed to suit a diverse range of dining options for its customers, including Arabic, Asian, European and international cuisines. It also caters to a range of budgets, from dining in five-star hotels and upmarket restaurants to popular chains and cafes.

The new programme follows Mashreq's recent announcement of a 0 per cent Easy Payment Plan, which offers interest-free instalments to its credit card holders, who can buy from a choice of 90 brands at 800 outlets across the UAE.

For details, go to www.mashreqbank.com.

 

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Emirates NBD (ENBD) has teamed up with Dubai Police to offer staff discounts on interest rates for a range of products, including personal loans, car loans and mortgages.

The offer, which extends to officers and other Dubai Police employees, is valid until the end of this month.

Interest rates for personal loans will range from 0.25 per cent to 1 per cent, depending on the salary band. Personal loan amounts have been capped at Dh3 million for Emiratis and Dh250,000 for expats.

Dubai Police staff looking to buy a home will be offered a mortgage rate starting from 4.74 per cent per annum, with a repayment period of 25 years. The offer includes free valuation, free life insurance for the first year and a 50 per cent discount on processing fees.

Car loans will be offered at a flat rate of 3.25 per cent for both new and used cars.

Go to www.emiratesnbd.com for more information.

 

pf@thenational.ae