More enjoyable and convenient shopping with monthly payments at the lowest profit margin in the market.
The Ajman Credit Union Qasset Installment Program allows you to convert your purchase into a choice of smart payment plans.
-
Fixed monthly installments
-
Unlimited installment plans
-
Lowest processing fee
-
Shari'a compliant
The Qasset Installment program makes it easy to buy anything you desire without thinking twice about the immediate payments.
-
Applies to purchase transactions made on your primary or supplementary credit cards
-
Applicable for retail purchases made on your credit card locally or internationally
-
Option to choose from the three payment plans - 3, 6 and 12 months
-
Lowest profit margin in the Kingdom starting from 0.0% per year
-
Lowest processing fee of AED 20 per transaction
-
No limit on the number of installment plans allowed within your available credit limit
The table below illustrates how the Qasset Installment Program works for a transaction of AED 3,000 on a 3, 6 and 12 month installment plan.
Installment calculation on a AED 3000 Transaction |
Installment Plan Term |
3 months |
6 months |
12 months |
Profit Rate (per month) |
0.0.% |
0.50% |
0.75% |
Monthly Installment |
1000 |
515 |
273 |
How to benefit from the Ajman Credit Union Qasset Program:
Simply follow these 3 convenient steps:
Step 1: Use your Ajman Credit Union Credit Card to make a purchase of at least AED 1,000.
Step 2: Call Ajman Credit Union’s Customer Service at and request to convert your transaction to the Ajman Credit Union Qasset Program Plan of 3, 6 or 12 months.
Step 3: Pay only the monthly installment for the plan selected. The value of each monthly installment will be reflected in the monthly statement.
* Qasset Program does not apply on cash advances transactions
FAQ
Terms and conditions