Turn your Credit Card Outstanding into easy installments

Balance conversion allows you to convert your Credit Card outstanding balance into easy and affordable installments over tenures up to 48 months. Managing debt has never been easier.

Disclaimer:

  • Monthly installments are calculated using an illustrative installment amount of AED 10,000, effective interest rate of 0.89% per month (reducing balance) and 0% processing fees for 12 months tenure.
  • Actual interest rates vary by tenure and are subject to the bank's policy. Kindly log in to your Mobile App or Online Banking to check the eligible transactions, applicable interest rate and processing fees.
  • Processing fees will be charged as part of first monthly installment.

To know the effective rate, please click here.

Installment Calculator

0 100000 AED
12 48 months

Monthly Installment payable

AED  
View your payment schedule

Apply Now through

4 easy options

  • Log in to the ENBD X App
  • Select your Credit Card from the dashboard
  • Choose Balance Conversion under Services
  • Enter the Amount and Repayment Period
  • Log in to  Online Banking
  • Select your Credit Card from the dashboard
  • Choose Balance Conversion under Services
  • Enter Amount and Repayment Period

Not registered for Online Banking? Register now

You can request a Balance Conversion through our website.

Request for a Balance Conversion here.

SMS Balcon to 4456

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Apply for Balance Conversion Plan on ENBD X App

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What are people asking?

Balance Conversion is an Installment Plan that allows you to convert your Credit Card retail balance into manageable monthly payments.

Any Emirates NBD primary Credit Cardholder with a minimum retail outstanding balance of AED 1,000 can apply.

Fees are charged on the plan and are subject to change on periodic basis. There’s more information here.

Yes, you can cancel at any time. A foreclosure fee of 1% of the principal outstanding and 5% VAT, will apply. To cancel, call us on 600 54 0000 (UAE) or +971 600 54 0000 internationally.

Yes, if you settle early, a foreclosure fee of 1% of the principal outstanding plus 5% VAT, will apply.

Balance Conversion is an Installment Plan that allows you to convert your Credit Card retail balance into manageable monthly payments.

Any Emirates NBD primary Credit Cardholder with a minimum retail outstanding balance of AED 1,000 can apply.

Fees are charged on the plan and are subject to change on periodic basis. There’s more information here.

Yes, you can cancel at any time. A foreclosure fee of 1% of the principal outstanding and 5% VAT, will apply. To cancel, call us on 600 54 0000 (UAE) or +971 600 54 0000 internationally.

Yes, if you settle early, a foreclosure fee of 1% of the principal outstanding plus 5% VAT, will apply.

You can apply easily via ENBD X, Online Banking, SMS, Website or Have us call you.

ENBD X App:

  • Log in to the ENBD X App
  • Select your Credit Card from the dashboard
  • Choose Balance Conversion under Services
  • Enter the Amount and Repayment Period

Online Banking:

  • Log in to Online Banking
  • Select your Credit Card from the dashboard
  • Choose Balance Conversion under Services
  • Enter Amount and Repayment Period

Website:

You can request for a Balance Conversion on our website here.

Have us call you:

SMS Balcon to 4456

Your request will be processed instantly and will be reflected on your next Credit Card statement.

You can choose to pay back over 12, 18, 24, 36, or 48 months.

Yes, you need to have a minimum retail outstanding balance of AED 1,000 to apply for a Balance Conversion plan on your Credit Card.

If you fail to make payments, your Balance Conversion plan will automatically be foreclosed. The full outstanding balance will be due immediately, and regular finance charges will apply to the remaining amount.

No, but you can foreclose your plan by paying a foreclosure fee of 1% of the principal outstanding plus 5% VAT, then rebook the remaining balance into a new plan you wish to select.

With a Balance Conversion plan, you can repay your credit card outstanding balance comfortably in equal monthly installments at a reducing interest rate. You have the flexibility to repay over 12 to 48 months.

Balance Conversion interest is a reducing monthly interest rate determined by Emirates NBD and shall be charged on the converted amount. The interest rates are subject to changes on periodic basis and is also based on Card usage and overall performance.

This facility is available for transactions done on both Primary and Supplementary Cards. However, only Primary Cardholders can raise a balance conversion request.

Even if you prepay the full amount, your plan will remain active until you request cancellation by calling us on 600 54 0000 (UAE) or +971 600 54 0000 internationally. Once you call and cancel, a foreclosure fee of 1% of the principal outstanding and 5% VAT, will apply.

Active Balance Conversion plans must be foreclosed first and then your credit card cancellation request can be processed. Foreclosure fees will apply.

No, you won’t lose any reward points on transactions that are converted to a Balance Conversion plan.

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