Bahrain Islamic Bank Enables Customers to Withdraw Cash Online from Credit Cards to Savings and Current Accounts Instantly

22-April-2020

As part of its efforts to simplify customers’ money matters and drive digitisation in the financial industry, Bahrain Islamic Bank (BisB) recently announced its latest innovative service, whereby customers can withdraw cash online directly from a credit card to their Savings and Current Account through BisB Digital. This new service enables customers to get easy access to urgent cash instantly, with the added benefit of lower fees and a maximum withdrawal limit of BD 5000

Chief Retail Banking of BisB, Dalal Al Qais, said, “With innovation at the core of our operations, we constantly strive to provide our customers with innovative products and services and deliver on our brand promise of simplifying our customers’ money matters. This new service will enable our customers to withdraw cash online directly from their credit cards to their Savings and Current Accounts. We will continue to work on launching new digital solutions, with the aim of strengthening the Bank's position as the leading provider of digital banking solutions in the Kingdom of Bahrain, continuing to drive the industry’s digital evolution.”

"This new service is available exclusively through BisB Digital. Depending on the credit limit, customers can withdraw amounts between BD1,000 and BD5,000 each month. The flexible payment feature also allows customers to pay a minimum of 5% of their outstanding card balance,” she added.

If you are a BisB customer and are interested in utilising this service, simply log into BisB Digital, select the Cash Withdrawal service on the Credit Card, select the amount to debit from your credit card and choose the BisB account to which you wish to credit the amount. The amount will be debited from your card account and credited to your BisB Saving or Current Account.