CC Balance Transfer installment

Suez Canal Bank offers the best banking services to our valued customers, in order to meet their current and future needs. In line with our bank's commitment to providing benefits to credit card holders, we have launched a new service "Balance Transfer".

This service allows you to use a portion of your unused credit limit on your Suez Canal Bank credit card to pay off your outstanding balance on your credit cards issued by other banks in Egypt. This is done by transferring the balance to your credit card at the other bank over a repayment period of up to 60 months at a competitive interest rate.

The Balance Transfer service offers the following benefits

The balance transfer service is available up to 90% of the card's available limit.

No documents required for the installment program.

Competitive interest rate.

All monthly installments are equal for each transaction.

Suez Canal Bank terms and conditions for the Balance Transfer program on credit cards

Balance transfer from your credit card issued by Suez Canal Bank using part of your unused credit limit on the card to pay off your outstanding balance on your credit cards issued by other banks in Egypt.

The minimum balance to be transferred is 2,000 Egyptian pounds and a maximum of 90% of the available balance from the card.

The execution fee for the balance transfer service is 2%.

A competitive interest rate.

The service can be requested by calling customer service at the hotline 19093.

No documents are required for the Balance transfer program.

The installment period can be chosen from 3 to 60 months.

All monthly installments are equal for each transaction.

There is no maximum number of requests as long as they are within 90% of the available credit limit of the card.

The first installment is due in the month following the date of the request.

The monthly installment is calculated as part of the minimum amount due.

The customer must be a holder of a credit card from Suez Canal Bank.

The card must be valid.

The transferred balance to the card must be sufficient to cover the unused available balance.

The installment program can be canceled at any time by calling customer service at the hotline 19093.

A penalty fee of 5% is applied in case of early settlement of the installment program.

The service is not available if the card is invalid or suspended.

The bank reserves the right to modify and change these terms and conditions from time to time.