DFCC Bank has come forward with an innovative Balance Transfer facility that allows customers to spread their Credit Card repayment. This is unique in the sense that no others currently offer this facility in the market, the bank said in a media release.
This offering from DFCC Bank intends to ensure that those who use this facility will be on the right track towards effective financial management and independence.
It allows individuals to consolidate their Credit Card outstanding in a convenient manner. All that a Cardholder needs to do is to transfer their current outstanding balance to a DFCC Credit Card and enjoy the facility of being able to settle the amount in 12 monthly installments with a 0% interest rate. The Credit Card statement balances from 1 April to 15 May 2021 can be transferred to a DFCC Credit Card subject to terms and conditions. This facility can be requested until 31 May 2021.
“Customers who sign up for DFCC Credit Cards to make use of this facility will be entitled to many more privileges such as a waived off joining fee and first year annual fee provided the card is obtained before 31 May 2021. DFCC Credit Cards also allow Cardholders to save with every swipe as a cash back rate of 1% is valid for every transaction. Together with exciting year-around card offers and 0% easy payment plans at selected merchant locations, this offering from DFCC is simply unmatched,” it said.
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