Jumia

Credit Cards Installment Terms and Conditions:

The installment is applied only on transactions that are performed by First Abu Dhabi Bank Misr S.A.E. (formerly Bank Audi S.A.E and Branch of FAB Egypt)
The installment amount(s) is within the full credit limit.
The minimum transaction amount eligible for installment plan is EGP 500.
The installment on 6 months with 0% interest.
The installment on 12 months with interest.
There are no maximum number of enrollments in installment plan as long as the transactions are within the credit limit.
The first installment is due on the month following the enrollment month.
Early settlement and cancellation fees is 2% on the remaining principal amount.
The interest rate for the installment plans up to 1.99% monthly for all tenors.
For some campaign durations, the interest rate is 0% monthly, which is applied on specific installment plans.
The bank has the right to select the interest rates applied for any specific merchant for any specific campaigns at any point of time, which will not exceed 1.99% monthly.
The service will not be available if the credit card is delinquent at the time of enrollment.
The refunded transactions do not cancel the enrollment in the installment plan.
The bank has the right to accept or decline the installment plan request.
Irregular payment of credit facilities shall have negative consequences that might affect the customer relation with banks.
Customer should notify the bank immediately if there is any unauthorized transaction executed on any of his card(s).
Customer should take all necessary measures to maintain credit cards information, as well as the user name, password and CVV.
In case the customer did not comply with the previous clauses or the terms and conditions of the bank credit cards, the customer shall bear full responsibility which may lead to negative impact on I-score or legal action and …etc.
Customer has the right to cancel his installment request in case the transaction(s) not enrolled in any statement without imposing cancellation or the early settlement fees.
The customer must contact FABMISR call center on 16555.
All the general terms and conditions of credit cards usage shall remain in effect without modification.