Loan on Card (LOC) Cancelation Request

Before you start

  • You’ll be asked security questions so we can make sure that it’s you. Be prepared with your credit card number and registered mobile number.
  • Your request will be processed within 3 working days. Once done, you will receive an SMS with the request details on your registered mobile number.

Quick Answers

Yes, you can. LOC cancellation can be done for active and blocked cards. The total amount will be reflected as an outstanding on your credit card statement even if your card is blocked.

To cancel LOC, you will have to settle the remaining principal outstanding plus the foreclosure fee. The foreclosure fee is 1% of principal outstanding plus 5% VAT.

You can track your loan on card cancellation request by calling us on +971 600 54 0000 and when prompted, say ‘follow up on my request’.

Yes, you can. LOC cancellation can be done for active and blocked cards. The total amount will be reflected as an outstanding on your credit card statement even if your card is blocked.

To cancel LOC, you will have to settle the remaining principal outstanding plus the foreclosure fee. The foreclosure fee is 1% of principal outstanding plus 5% VAT.

You can track your loan on card cancellation request by calling us on +971 600 54 0000 and when prompted, say ‘follow up on my request’.