UAE business banking deal sweeteners


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Free business account with Emirates Islamic

Benefits: Emirates Islamic is offering customers a free business account for one year with free cashier transactions, SMS alerts and access to online banking for the same period. The promotion includes fee-free accounts for employees earning Dh3,000 and above as well as a 50 per cent discount on Wages Protection System processing for the first year.

Beware of: Applications must be in by December 31.

Win a BMW 320i with Mashreq

Benefits: Mashreq customers who sign up for a business loan, self-employed personal loan or a trade and working capital loan receive a chance to win a new BMW 320i. All applicants who apply during the promotion's time frame will also receive a gift voucher of Dh250. There are monthly prize drawings for prizes such as smartphones, tablets and travel vouchers.

Beware of: The promotion runs until December 31.

Business vehicle loans at 4.25%

Benefits: Emirates NBD is offering its business vehicle loans at a flat rate of 4.25 per cent for amounts of up to Dh3.5 million. The offer comes with a 90-day first payment holiday, with the option to apply the finance to a wide range of vehicles from passenger cars and SUVs to light commercial and medium commercial vehicles.

Beware of: Terms and conditions apply, and as with any credit facility, there are penalties for late payment.

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