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ila Updates
Feb 14, 2024
ila Bank introduces ‘Easy Payment Plan’ feature for its Credit Cardholders, making big purchases possible

Manama, Bahrain: Bahrain’s leading digital mobile-only bank, ila, introduces the Easy Payment Plan (EPP), enabling customers to pay for Credit Card purchases in instalments spread over their preferred duration. Accessible within minutes via the ila Bank app, the EPP service is available with 0% interest on instalments for a limited period in its initial phase and can be used for all in-store and online Credit Card purchases worth BHD 100 and higher.

Customers can choose their preferred tenure of three, six, nine, or twelve months over which they can pay monthly instalments for selected purchases. In this way, payment for purchases, which may not be possible at one time can be settled over a set period of time.

The process to avail the EPP is easy and simple. All ila Credit Card holders need to do is sign in on their ila Bank app, navigate to the Credit Card section, click on the EPP icon, view and select the eligible transaction with the preferred tenure.

“EPP gives our customers the ease and convenience to make staggered payments towards their purchases,” says Nada Tarada, Head of Business & Customer at ila Bank. “At ila, it is our constant endeavour to anticipate customers’ needs and financial goals. All our services have been designed by listening to and understanding our clientele, with the aim of fulfilling their requirements and aspirations. We regularly evaluate and analyze customer feedback to create a seamless digital banking experience that reflects their ever-evolving lifestyles.”

ila Bank’s Credit Cards, ila Blue and ila Switch, give customers total control over how they use their cards, along with premium Mastercard benefits. Besides cash back offers, ila’s Credit Cards have exclusive partner offers with discerning outlets around Bahrain and beyond.

Most recently, ila introduced its ‘ila Rewards’ program, enabling customers to choose how they want to be rewarded for their Credit Card purchases, from automated Airmiles program, Cashback or to ila Tokens which can be used to redeemed airline miles with Gulf Air or Turkish Airlines.

More information about ila’s EPP service is available on the ila Bank website