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Perhaps as a result of high prices and disruption of the sales movement, or the spread of the new Corona virus, many sweet shops turned to selling Eid cakes earlier that year, and the first third of the holy month was not about to expire, otherwise some stores announced the sale of Eid cakes in installments, prompting the opinions of social pioneers. Means between supporter and opponent.
The beginning was a declaration of quotas
Where a Facebook-funded advertisement for one of the Corner “Camel” candy stores appeared, announcing the sale of Eid Kakah in installments from the National Bank and the CIB Bank.
The reactions of the social media pioneers differed between the admiration and the irony of the idea, and one of them said: “By God, this is a very excellent idea, then two people who broke up into people who were big and worked in the market and two people in a certain system, and with the arrest of the situation, you certainly are not with them, take care of them. You stayed and showed ridiculous and ridiculous comments, and please have mercy on some Shoy, and they liked it on a real Nile Corner store.
Another objected, saying: “I mean, a person owed you, who has a bank account, will you pay a premium? Another said: “I mean, a kilo of lubricating coca cola. I am doing a premium for 6 months …”, and another commented: “Even premium cakes? This is the joke of the season.” Oh, the champion of Jadan works, God will guide you.
It was announced 3 months ago.
Although the idea may seem unconverted or funny, it was announced by the Chambers of Commerce 3 months ago in previous statements, where a member of the Chamber of Commerce dessert “Ahmed Mohsen” stated that the unprecedented price increases witnessed in the markets in In recent years, important changes have been made in the shopping culture, especially the purchase of Egyptians for cakes and cookies.
“Ahmed Mohsen” explained in his statements that the festive rum will be installed in 3 months, especially since last year’s Christmas sales were very bad, and he witnessed a great recession, explaining that sales fell sharply because the purchasing power of the Egyptian citizen weakened, even that some traders had to sell below their real prices to reduce their losses.
How to buy quotas for Eid cakes?
The stores depend on the quotas for their products in the offers and credit cards provided by the banks. The National Bank provides a fee service to purchase products that exceed a certain amount.
Next, we’ll look at how Ahli Bank can pay Eid cakes in installments.
Payment through Al-Ahli bank
This service is available to new and existing customers of original or additional credit card holders and can be used within all stores in Egypt and abroad, without the need to contract with the merchant, and it is possible to activate the service by calling to the hotline to 19623, after making purchases from the beginning of the month to the end of the month, and requires payment in installments, provided the value of the product is not less than the amount of £ 500.
Service benefits
Enjoying a distinguished return on debt of 22.8% per year instead of 27% per year for cards not included.
As for the cards included, they enjoy a yield of 21% per year.
Enjoy a full grace period in addition to the installment delivery period.
When requesting a purchase movement fee, the customer will enjoy not claiming a full purchase amount payment or its minimum during the grace period, but the fixed fees will be paid according to the customer’s desired period from the third month.
The client can buy from any merchant within Egypt or outside Egypt without the condition of contracting with the merchant and therefore if there are discounts on offers made by merchants who do not have a contract with the bank, the client can take advantage of the discounts and then request fees to buy transactions.
