It should be noted that the cashback offer is only valid when one purchases the devices on EMI scheme using an ICICI Bank credit cards
For a discussion of economies of scale in credit card operations, see Christine Pavel and Paula Binkley, "Costs and Competition in Bank Credit Cards
," Federal Reserve Bank of Chicago, Economic Prospectives, vol.
If customers don't have enough points for a free award ticket, they can pay the remaining balance with their Gulf Bank credit cards
and earn Gulf Points for the payment.
Bank credit cards
, used by 56 percent of households, are the most widely used credit product.
During the promotion period, for every QR1/- spent with the Lulu-Doha Bank credit card
, cardholders will now receive 2 shopping points back which can be redeemed within Lulu stores to enjoy more free shopping on everything from freshly baked food to household items and electronics.
Jamal Al-Hazeem, Chief Executive Officer of BMI Bank said, "In line with our commitment to constantly enhance our products and services to better serve our customers financial needs, I am pleased to roll out our new facility that not only provides customers transferring in their outstanding on other bank credit cards
with a ninety day reprieve from interest but also enables them to take advantage of one of the most competitive and rewarding credit card products that is currently available in the market.
During the promotion, those shopping for gift items, perfumes, chocolates, electronics or anything else at the Qatar Duty Free in Doha International Airport with Doha Bank credit card
will earn a 5% cash back.
This new promotion continues the development of our successful customer satisfaction strategy and our commitment to providing convenience for customers by adding to the number of outlets which accept Gulf Bank s cards and providing special discounts, promotions and other customer benefits when Gulf Bank credit cards
are used for purchases.