Easy Payment Plan

Mashreq Bank Easy Payment Plan (EPP) Terms & Conditions

• The Easy Payment Plan (EPP) is a payment option available to Mashreq Bank’s credit
  card holders, wherein the entire retail purchase amount is charged to the cardholders for
  the instalment period of 3/6/9/12 months
• The EPP is only valid on purchases above AED 500 using the Mashreq Bank credit card
  in UAE
• Customers agree to pay the subversion fees of 0% per month for any EPP tenure.
  However, there will be a processing fee of 1% for 3-month instalments, 2% for 6-month
  instalments, 3% for 9-month instalments and 4% for 12-month instalments
• All purchases under the EPP should be authorised by Mashreq Bank, either electronically
  via the POS terminal, or through the call centre, manual imprinting or authorisation over
  the telephone
• Mashreq Bank shall debit any other payments payable by the customer from their
  Mashreq Bank account on the relevant due date of payment
• The customer should immediately notify Mashreq Bank about any legal changes in
  ownership, location, nature of business or other circumstances