HSBC and Carrefour to launch payment instalment plan in Bahrain

By Leandra Monteiro

Carrefour, owned and operated by Majid Al Futtaim in the Kingdom of Bahrain, announced a partnership with HSBC Bahrain to offer customers a 3 to 12-month HSBC Flexi Instalment Plan on any purchases. By signing up for the plan, customers who hold a HSBC credit card can repay their purchases through monthly instalments over a set period at 0% interest. Customers can apply for a Flexible Instalment Plan simply by calling the number on the back of their HSBC credit card after purchasing.

Jerome Akel, Country Manager of Carrefour Bahrain at Majid Al Futtaim Retail said, “Now, Carrefour customers who hold a HSBC credit card can enjoy even greater flexibility and convenience when they shop with us. True to our promise of delivering exceptional value for all, our partnership with HSBC gives customers access to a wider range of products because their funds can now go further with the freedom to activate their Flexi Instalment Plan when they need it the most. We encourage them to visit our stores and avoid missing out.”

Shakofa Asghar, Head of Wealth and Personal Banking at HSBC Bahrain said, “Our Flexi Instalment Plan product, available to credit card customers, is just another way to make essential shopping easier with convenient repayment terms. Customers can also benefit from up to 2 per cent cash back on eligible spends* if they make the purchase with our recently launched HSBC Cashback Credit Card. We are listening to the requests and needs of our customers and continue to support them with excellent personal financial management through the different digital channels and branch network in Bahrain.”

A minimum spend of 100 BD and above is required for the Flexi Instalment Plan to be activated on any items from Carrefour. The Flexi Instalment Plan with HSBC is now available at Carrefour stores in City Centre Bahrain, Bahrain Mall, Seef Mall Arad, Enma Mall Riffa, Manama, Exhibition Road and Muharraq.