
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