Request a loan on your credit card

Get an instant loan up to your credit card’s available limit and pay back in easy installments

Eligibility

If you’re a primary Emirate NBD credit cardholder, you can apply for a loan on your card. The maximum amount you can apply for is based on your available credit card limit, card usage and payment history.

You need to apply for a minimum amount of AED 1,000
You must have a local bank account with Emirates NBD, Emirates Islamic Bank or any other local bank
Emirates NBD Corporate, Business, Forex, Webshopper and supplementary credit cards are not eligible

Your options

Loan on Card with interest: Pay interest and no processing fee.
Loan on Card without interest: Pay a one-time processing fee and pay back in 6 or 12 equal monthly installments.

Apply for a Loan on Card

Choose one of the options below to proceed:

Cancelling your Loan on Card

Fees and charges

A processing fee based on a percentage of your loan amount applies if you opt for a Loan on Card without interest.

There is no processing fee for a Loan on Card with interest, but a nominal interest rate applies based on your credit card history and usage. The interest rate is subject to change at any time.

If you cancel your Loan on Card plan, a foreclosure fee of 1% of your loan principal outstanding amount + 5% VAT applies.

For more details, read our Schedule of Credit Card Fees and Charges.

FAQs

What happens if I miss an installment on my Loan on Card plan?

If you fail to pay your installments for two consecutive months, your plan will be foreclosed. Your entire outstanding loan amount will immediately be due for payment. Any remaining outstanding balance will attract our regular finance charges. For more details, have a look at our credit card installment terms and conditions.

What will happen to the Loan on Card plan if I prepay the outstanding amount?

Your Loan on Card plan will remain active and if you hold a Loan on Card with interest plan, you will continue to pay interest towards the plan. If you want to cancel the plan, you must put in a cancellation request.

What happens if I cancel my credit card while a Loan on Card plan exists?

When your credit card is cancelled, all active plans on the card will automatically be closed. Any fees applicable and the remaining outstanding balance will be due for payment in full.

Can the Loan on Card amount be transferred to any Emirates NBD account?

You can transfer the amount to a Standard Savings, Standard Current or Special Current account.

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