Mashreq launches Back to School promotion

Pay school fees using Mashreq Card and choose from a range of free smart devices

Dubai – UAE, August 12th 2015: Parents understand the importance of education. In today’s ever-more competitive world every little step helps to keep your child on track to a successful future. Leading Financial Institution in the UAE, Mashreq is supporting parents’ aspirations directly by offering a free smart device when school fees are paid with a Mashreq Credit or Debit Card.  Depending on the amount of the school fee payment, parents can receive a guaranteed Samsung Galaxy Tab Lite, Samsung Galaxy Tab 4, Apple iPad Mini or Lenovo laptop, absolutely free. Just what your child needs to stay top of the class!

This offer, which is valid from 12th August to 30th September is in partnership with Souq.com, the Middle East’s largest E-commerce platform. With a payment of just AED 6,000, cardholders get a guaranteed Samsung Galaxy Tab Lite or Samsung Galaxy Tab 4 on payment of AED 12,000 only. Further, if the school fee payment exceeds AED 20,000, Mashreq guarantees cardholders an Apple iPad Mini, or a Lenovo Laptop if the school fee payment exceeds AED 30,000.

Mashreq also offers an Easy Cheque solution with unprecedented convenience by making possible fee payments to schools through credit cards even if the school does not accept cards. All cardholders need to do is simply place a request for a cheque favoring the local school institution and Mashreq will deliver the cheque to their door step. The cheque amount will be charged to the customer’s Mashreq credit card and repayments can then be made in equal installments for up to 6 months. Mashreq Easy Cheque allows Mashreq Credit Cardholders to pay anyone, anywhere, in any currency using their Mashreq Cards. Even at places where credit cards are not accepted.

Then there is the unparalleled savings offer of 5 percent cash back on all payments made to schools using Mashreq SmartSaver Credit Cards, Mashreq remains at the forefront when it comes to rewarding their cardholders. Payments made using other Mashreq Cards also continue to earn attractive regular Reward Points as applicable to the card.

In addition, Mashreq offers convenience for all its credit cardholders to pay school fees with attractive 0% easy payment plans. Mashreq Credit Cardholders can pay their child’s education fee to any school or college both locally and internationally and convert their transaction to an interest free Easy Payment Plan for up to 12 months by simply calling the bank.

Nimish Dwivedi, Head of Payments, Mashreq said, “Mashreq wants to help parents succeed in their objective of giving their children the best education. And now we can offer assistance in two major ways – With the guaranteed free gift of a top smart device to help with homework and with the ability to use a Mashreq Card to Pay by Cheque for those schools that don’t take card payments. Mashreq is letting all parents know, we’re on their side.”