Skip Ribbon Commands
Skip to main content
Credit Cards Installment Programs
ABCE installment programs (Easy payment plan “EPP”) allows ABCE credit cardholders to pay back any transaction on fixed equal monthly installments. 

​EPP (non-interest bearing /non-processing fee model)​
  • ​​Installment tenors starts from 3 to 12 months (3, 6, 9, 12 Months)
  • Max. Cap is set per card type from the card credit limit
    • 10% from Platinum card limit 
    • 15% from Gold card limit
    • 20% from Classic card limit
 
​​EPP (processing fee model)
  • Installment tenors starts from 3 to 24 months (3, 6, 9, 12, 18, 24 Months).
  • ​Cap for the service is set at credit card limit.
  • The processing fee is determined according to the selected tenor
​Tenor ​3 ​6 ​9 ​12 ​18 ​24
​Fees% 3%​ ​5% ​8% ​10% ​14% ​18%
 
  • The calculated processing fee is due on the next month of enrolment. Ex. If the customer applied for the EPP (with-processing fee model) in March where statement is issued on 3rd of April, the first instalment & the calculated processing fees will be due on 26th of April.​
  • Cardholder has the right to request EPP early settlement with no refund of the collected processing fees.
 
​​General terms & conditions
  • ​This service is only available for transactions made as of the 4th day until the last working day of each month​
  • It is available for ABCE credit cardholders by calling ABCE hotline: 19123, after making the transaction in Egypt or abroad
  • The cardholder can request within the same month of performing the transaction 
  • Transactions that are done between the 1st and 3rd day of each month cannot be converted into installments
  • The service is available on: 
  • Retail & Cash withdrawal transactions
  • Domestic & International transactions
  • The transaction amount may not be less than EGP 500.
  • There is no maximum number of transactions that can be converted into installments.
  • All credit cards including supplementary cards are eligible to this service.
  • The transaction amount requested to be paid in installments must be posted on the credit card and not on hold.
  • Statement minimum due amount is calculated as interest-free EPP instalment amount + 5% of total unenrolled balance.
  • EPP is available only on total transaction amount and transaction cannot be partially converted. Each converted transaction is treated as a whole and cannot be converted into different EPP plans.
  • For transactions with foreign currency, the installment and commission are calculated as per the EGP equivalent of the transaction original amount.
  • In case of cash transaction enrolment, the cash advance fee and any cash interest accrued until EPP enrolment date will be charged normally.
  • The first instalment is due on the next month of enrolment. Ex. If the customer applied for the EPP (non-processing fee model) during March and statement is issued on 3rd of April, the first instalment will be due on 26th of April.​
 
Terms and conditions apply

Announcements

IBAN usage for local and international transfers
MORE
Loans and credit cards installments postponement guidelines
MORE
10% Cash Back Promotion
MORE