Balance Transfer | Balance Transfer Benefits

Low interest rates

Starting at 0% interest

Flexible repayment plans

Up to 48 months

No documentation required

Enjoy a seamless transfer process

Balance Transfer with Emirates NBD Credit Card

Struggling with high-interest Credit Card debt from another bank? Transfer your other bank Credit Card balance to an Emirates NBD Credit Card and pay with ease.

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 tenor and are subject to the bank’s policy. To know more SMS 'BT' to 4456.
Processing Fees will be charged as part of first monthly Installment.

To know the effective rate, please click here.

Installment Calculator

Monthly Installment payable

AED

EMI

Apply now through

Have us call you

SMS BT to 4456 or call our 24/7 helpline on 600 54 0000.

Choose from our flexible financial options:

Balance Conversion

Convert your current retail outstanding balance into affordable monthly installments.

Loan on Card within credit limit

Get quick access to cash with your Emirates NBD Credit Card—no paperwork, no hassle.

Installment Payment Plan

Turn all your purchases into easy monthly installments (EMIs). Perfect for big purchases, travel expenses and more.

Loan Beyond Credit Limit

Take advantage of additional cash above your Credit Card limit

What are people asking?

What is a Balance Transfer?

A Balance Transfer (BT) allows you to transfer outstanding balances from another bank’s credit card to your Emirates NBD Credit Card, converting them into an easy installment plan with lower interest rates.

If you don’t have an Emirates NBD Credit Card, you can apply for one now and then transfer your balance from another bank to us.

Who can apply for a Balance Transfer?

All primary Emirates NBD Credit Cardholders can apply for Balance Transfers.

Anyone who doesn’t have an Emirates NBD Credit Card, can apply for one and then ask for a Balance Transfer.

What is the maximum amount I can transfer to Emirates NBD under a Balance Transfer?

You can transfer up to 90% of your available credit limit, subject to eligibility and the available balance on your card.

Can I cancel my Balance Transfer early?

Yes, you can cancel or prepay your Balance Transfer by contacting 600 54 0000 (UAE) or +971 600 54 0000, internationally.

An early settlement fee of 1% of the outstanding principal plus 5% VAT will apply.

Are there any early settlement charges?

Yes, if you settle your Balance Transfer early, a foreclosure fee of 1% of the principal outstanding plus 5% VAT, will apply for each plan.

What is a Balance Transfer?

If you don’t have an Emirates NBD Credit Card, you can apply for one now and then transfer your balance from another bank to us.

Who can apply for a Balance Transfer?

All primary Emirates NBD Credit Cardholders can apply for Balance Transfers.

Anyone who doesn’t have an Emirates NBD Credit Card, can apply for one and then ask for a Balance Transfer.

What is the maximum amount I can transfer to Emirates NBD under a Balance Transfer?

You can transfer up to 90% of your available credit limit, subject to eligibility and the available balance on your card.

Can I cancel my Balance Transfer early?

Yes, you can cancel or prepay your Balance Transfer by contacting 600 54 0000 (UAE) or +971 600 54 0000, internationally.

An early settlement fee of 1% of the outstanding principal plus 5% VAT will apply.

Are there any early settlement charges?

Yes, if you settle your Balance Transfer early, a foreclosure fee of 1% of the principal outstanding plus 5% VAT, will apply for each plan.

What are the charges for a Balance Transfer?

Fees are determined by Emirates NBD and can change from time to time. Read more here.

What is the interest rate on a Balance Transfer?

Interest is charged on a reducing monthly basis and is determined by Emirates NBD based on card usage and overall performance. Rates are subject to change from time to time.

How do I apply for a Balance Transfer?

Just SMS ‘BT’ to 4456 or call our 24/7 helpline on 600 54 0000 or +971 600 54 0000, internationally.

How long does it take to process a Balance Transfer?

Your request will be processed within 5-7 working days, after which the amount you have transferred will reflect on your Credit Card statement.

How long can I take to repay a Credit Card balance I have transferred to Emirates NBD?

You can choose to repay installments over 12, 18, 24, 36 or 48 months.

Is there a minimum amount to apply for a Balance Transfer?

Yes, you need to transfer a minimum of AED 1,000 for a Balance Transfer.

What happens if I fail to make payments on my Balance Transfer?

If you fail to make payments, your Balance Transfer plan will be foreclosed, and the entire outstanding balance including any foreclosure fees will be due immediately, along with regular finance charges.

Can I change my existing Balance Transfer plan?

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.

What happens if I prepay what I owe for my Balance Transfer?

If you prepay intending to cancel the plan, you will need to contact our call center at 600 54 0000 (UAE) or +971 600 54 0000, internationally.

The prepayment will be adjusted towards your outstanding balance and a foreclosure fee of 1% of the principal outstanding plus 5% VAT will apply.

What happens if I close my Credit Card while I have a Balance Transfer plan?

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

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