Emirates NBD Extends Customer Fee Waivers and Perks

Emirates NBD just extended its financial support scheme for UAE customers. The bank wants to help you navigate your finances amid regional uncertainty.

Credit Card and Loan Benefits

The bank completely waived the Dh100 loan deferment fee until June 30. You also get one extra month before your regular installment billing starts.

Customers enjoy zero percent interest on credit card balance transfers right now. The bank also waived processing fees on all zero-percent installment plans until June 15.

ATM and Debit Card Upgrades

Emirates NBD now offers free cash withdrawals across the UAE and the GCC. They will also deliver replacement debit cards completely free of charge. These specific card benefits last until June 30.

Furthermore, the bank increased the default daily ATM withdrawal limit by Dh5,000. This generous increase helps you access your cash much easier during emergencies.

Backing Small Businesses

The Dubai-based bank originally introduced this helpful scheme for small businesses. They allowed local companies to waive several different administrative fees. This move perfectly supports the recent Dh1 billion Dubai government relief plan.

UAE Banking Resilience

The UAE Central Bank recently approved a massive Financial Institution Resilience Package. This Dh 5.4 trillion package strongly supports the entire national banking sector. The Central Bank currently holds over Dh1 trillion in foreign exchange reserves.

Other Banks Join the Effort

Several other local banks introduced similar financial relief initiatives recently. Abu Dhabi Islamic Bank started the Sanadna initiative for small businesses. They allow companies to defer payments and help frontline workers.

First Abu Dhabi Bank also launched a fantastic new support package. They offer preferential lending rates and flexible payment plans to frontline workers.