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Business / Qatar Business

Banks roll out offers for QND

Published: 19 Dec 2022 - 11:15 am | Last Updated: 19 Dec 2022 - 11:17 am
Peninsula

Deepak John | The Peninsula

As the country celebrates Qatar National Day (QND), buoyant mood is visible among the citizens and residents. Several companies have lined up special offers and activities to make this day memorable. 

All the sectors of the economy such as banking, real estate, retail, hospitality are abuzz with announcements of offers and discounts. The National Day celebrations this year coincided with the end of the FIFA World Cup Qatar 2022 final match and closing ceremony of the tournament at Lusail Stadium. 

Qatar National Bank (QNB) launched exclusive National Day promotion on loans. QNB Group, the Official Middle East and Africa Supporter of the FIFA World Cup 2022 recently announced the launch of a new promotion for its customers in celebration of Qatar National Day, offering a special annual interest rate of 5 percent to its customers when applying for new loans from December 18 to January 31, 2023.

This time-limited offer is for all new Personal loans, Vehicle loans or Mortgages. Customers have the opportunity to get their dream purchases whether it was a new home, a new car, travel abroad or save up for education and much more. QNB continues to provide individuals in Qatar with market-leading products and services, allowing them to fulfil their financial aspirations and enjoy the best lifestyle experiences.

Qatar International Islamic Bank (QIIB) has also announced the launch of a special credit card offer on the occasion of Qatar National Day, whereby all QIIB credit card holders will be granted 18 percent additional points on international transactions.

As part of the offer, all existing and new QIIB customers who have the bank’s credit cards will receive 18 percent additional QIIB points, added to the points gained through all purchases made outside the State of Qatar. The offer, which runs from December 18 to January 31, 2023, does not have any minimum or maximum limit to qualify and earn points.

On its website Dukhan Bank stated “On the occasion of Qatar National Day, use your Dukhan Bank credit card and spend a minimum of QR1,200 per week, or QR4,800 during the campaign period to enter the draw and be 1 of 18 winners of 22,000 DAwards. The campaign runs till January 13, 2023. At the end of the campaign, 18 winners will be selected via a draw that will take place on January 17, 2023.”

On the occasion of Qatar National Day, Qatar Islamic Bank (QIB), has also unveiled the launch of a new feature on its award-winning QIB Mobile App. The Easy Payment Plan (EPP) feature enables QIB Co-Branded, Revolve, and Charge Credit cardholders to convert their transactions to easy installments giving them more financial flexibility. 

Available on the QIB Mobile App, the Sharia-compliant Murabaha based Easy Payment Plan (EPP) feature is QIB’s latest addition to the host of innovative features designed to empower its customers and offer them more financial freedom. 

With the new feature, QIB Co-Branded, Revolve, and Charge Credit cardholders can convert their single transactions above QR5,000 completed in the last 35 days as installment payments. The transactions can be paid in equal installments over a period of 6, 9, 12, or 24 months with attractive rates and without any processing fees. Moreover, the installments will be converted to Personal Finance and the funds will be automatically credited to the respective Credit Card from the customer’s account. 

Doha Bank said in a SMS to its customers “In celebration of Qatar National Day, Al Dana offers triple chances for the month of December. Increase your average balance y QR25,000 and get triple chances on your incremental balance.”

For those looking to fly, Qatar Airways is offering an exclusive promotion in celebration of Qatar National Day, with up to 25 percent off both Premium and Economy class flights to more than 150 destinations, available until December 17, 2022, for travel until June 6, 2023. Travellers can enjoy discovering places together with their loved ones and Privilege Club members will earn 18,000 bonus Avios, when they travel Premium as part of the promotion.

To take advantage of this exciting Qatar National Day exclusive offer, travellers can purchase flight tickets by visiting qatarairways.com/QND, any Qatar Airways sales office or their preferred travel agents.

Malls and hypermarkets in Qatar have also announced several innovative schemes and promotions on retail items. Major retailers have unveiled discounts on several items and hotels and restaurants are also offering specially crafted menu for Qatar National Day.