Easy Payment Plan ( EPP )
The Convenient Installment Plan
With the Convenient Installment Plan for credit card purchases, you can pay for what you desire in installments. Benefit from a 0% interest when you make purchases through our accredited bank partners or select interest-bearing payment plans beginning at 0.75% when you buy from non-partner merchants.
The Cash Price Installment Plan
With the Cash Price Installment Plan, you can select among the bank's certified partners and pay for your purchases in monthly installments over a 12-month period with 0% interest and no additional expenses, other than a one-time transaction charge. This is applicable when using any of the Egyptian Arab Land Bank's Visa credit cards.
The Convenient Installment Plan is extremely simple to use. After inputting your PIN, the option appears at the point of sale, along with information about the offer and the required number of installments. You then have the option of accepting the offer or declining it. Please note that interest will be levied if the balance is not paid in full within one year.
Buy now and pay later at your convenience with the Egyptian Arab Land Bank's Cash Price Installment Plan on credit cards. Enjoy the following advantages:
- Repayment period of up to 36 months at 0% interest when using the card to make purchases from partner merchants.
- This service is accessible on all Egyptian Arab Land Bank-issued Visa credit cards.
To view the list of the Bank's merchant partners, please click on the link "Partner List."
Interest-Bearing Installment Outside of the Bank's Partner Network
- If you wish to spend more than 100 Jordanian Dinars at stores outside our partner network, whether locally or internationally, you can take advantage of a flexible repayment plan with interest rates starting at 0.75%, as detailed below.
- Using your Egyptian Arab Land Bank credit card, you can choose to pay for your purchases over a period of up to 12 months with a flexible repayment plan and an interest rate beginning at 0.75% per month.
- To use this option, simply pay for your purchases with your Egyptian Arab Land Bank credit card, then contact our call center at 065608989 or visit your local branch to request payment in installments.
- All offline installment transactions involving the education sector, including schools, universities, colleges and nurseries, will have 0% interest and no commission fees.
|
Platinum |
Gold |
Silver |
Statement/Card Type |
|
300 JOD |
200 JOD |
100 JOD |
Minimum
Installment Amount |
|
30,000 JOD or the remaining balance on the card, whichever is less |
15,000 JOD or the remaining balance on the card, whichever is
less |
1,800 JOD or the remaining balance on the card, whichever is
less |
Maximum
Installment Amount |
|
0.75% |
0.90% |
1% |
Monthly Interest Rate for Installments (1-3 months) |
|
0.875% |
1% |
1.125% |
Monthly Interest Rate for Installments (4-6 months) |
|
1% |
1.125% |
1.25% |
Monthly Interest Rate for Installments (7-9 months) |
|
1% |
1.25% |
1.375% |
Monthly Interest Rate for Installments (10-12 months) |
Terms and Conditions
- Repayment is made in fixed monthly installments.
- The minimum amount for installment of purchase transactions is 100 Jordanian Dinars, with the total amount, including fees, not exceeding the card limit, as specified in the list of approved merchants provided below.
- The maximum installment amount for purchase transactions depends on the maximum limit approved for each merchant individually, based on the nature of their business and the type of product they sell, as specified in the partner list.
- Cash withdrawals are not eligible for the installment service.
- The installment is a monthly payment in addition to the card's minimum payment.
- Customers are not permitted to use the feature if one or more payments remain unpaid on the card.
- If a customer has a single installment due, the interest rate on the installment amount will be converted to the card's standard interest rate.
- The maximum number of transactions allowed for installment is 3 transactions per day, subject to the installment terms below.
- If a customer requests cancellation of a card that is being used for installment transactions, the installment service will be terminated, and the customer will be required to pay the remaining balance plus accrued interest.
- The service is not available for expired or suspended cards.
- If a customer wishes to terminate the installment before the specified period, they will be required to pay the monthly interest (if applicable) for the remaining installment months, in addition to the remaining amount of the original purchase transaction. In this case, the customer should visit the nearest branch or contact customer service by phone at the following number: 065608989.
Online Banking
