Executives of Doha Bank and EMKE Group during an announcement on their new offer.
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Doha Bank has announced a “0% financing” over a six month period on purchases using its co-branded credit card with EMKE Group’s LuLu hypermarkets.
This is in addition to 5% savings that all Lulu-Doha Bank credit cardholders who shop at Lulu hypermarkets and stores in Qatar receive on purchases of groceries, electronics, cosmetics, clothing, footwear, toys, stationery and other items.
Lulu-Doha Bank shopping cardholders who make purchases from QR1,000 on their credit cards at Lulu stores will also have the added flexibility and convenience to convert these transactions to a 0% payment plan, which can be repaid over six months in equal instalments.
“The Lulu-Doha Bank card is the most rewarding shopping credit card in town and customers have enjoyed unbeatable value by using the card since its launch. In addition, purchases outside Lulu stores also enable card members to save 1%,” Doha Bank said.
Suresh Bajpai, head (retail banking), Doha Bank, said: “We are delighted to partner with Lulu to keep coming up with novel and interesting value additions for our
mutual customers.”
Nabil Tabbara, executive manager (retail banking), Doha Bank, said: “This unique card guarantees our customers 5% savings each time they shop at Lulu, and with the 0% easy payment plan, customers can now defer their payments allowing them greater financial flexibility.”
Mohamed Althaf, regional director, Lulu Hypermarkets in Qatar, said: “The savings of 5% is the only one to be accorded by any supermarket in Qatar to its loyal cardholders. Lulu is extremely excited to partner with Doha Bank to reward our mutual credit cardholders with value-packed promotions that carry so much benefit and savings to the customer.”
Lulu and Doha Bank recently concluded their 10% savings offer, where customers were rewarded with double shopping points during a period between November and December last year.
Doha Bank said: “The Lulu-Doha Bank MasterCard is a unique payment solution that provides customers with a simpler, safer and easier way to enjoy shopping. With this card, customers can rely on great added value every time they shop either at home in Qatar or away on holiday.
“The Titanium card benefits also include a warm welcome at airport lounges across the Middle East on presentation of the card. All cards applied prior to December 2012 are free for life. LuLu cardholders also enjoy upfront discounts between 10% and 25% at some 150 restaurants across Qatar through a programme offered by MasterCard.”