Balance Transfer
Transfer and consolidate the outstanding balances of all your credit cards to your Smiles Covered Card or Cashback Covered Card and enjoy peace of mind with low profit rates and easy installments.
To apply, SMS 'BT' to 6667.
Balance Transfer
| Duration | 3 months | 6 months | 12 months | 18 months | 24 months |
|---|---|---|---|---|---|
| Profit Rate p.m | 0% | 0% | 0.89% | 0.79% | 0.69% |
| Administration Fees | 1% | 2% | 1% | 1% | 1% |
*Terms & conditions apply
*The Administration Fee will be calculated as a percentage of the total amount of eligible purchases. When you select a plan, the actual amount will be displayed.
There will be no refund of the Administration Fee in the event of cancellation.
In the event of an early settlement, Early Settlement Fee of 1% + VAT will be levied per Equal Payment Plan (EPP).
The EPP provided to Card Members is subject to all applicable laws and regulations, as well as these terms and conditions, which may be amended from time to time and are available on SIB's website.
Required Documents
- Application form
- Passport & Emirates ID copy
- Valid residence visa for expats
- Salary slip
- Proof of income
- Application form
- Passport & Emirates ID copy
- Proof of income
- Valid trade license
- Memorandum of association/Partnership agreement/ Power of attorney (if applicable)
Salaried Customers:
Self Employed Customers:
Related Documents
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