Finance House has launched its revolutionary credit card, ‘Forsa’, in a significant move aimed at transforming the credit card offerings for UAE nationals.
The Forsa proposition is set to have an immediate and positive impact on the lives of UAE nationals, offering unmatched benefits targeted at improving their financial well-being.
With the introduction of Forsa, UAE nationals gain the unprecedented opportunity to consolidate their credit card debts into a single card, unlocking substantial savings on interest rates paid on other credit cards with flexible repayment options.
As per the statement, “UAE nationals can now enjoy a remarkably low credit card interest rate of 1.25 percent which brings a substantial decrease in monthly interest compared to market rates ranging from 2.9 percent to 3.85 percent per month. Forsa promises potential monthly savings of up to 70 percent in interest.”
Further, the Forsa credit card has been specifically tailored to alleviate the financial burden faced by many UAE nationals who pay high-interest rates on their credit cards.
Mr. TK Raman, CEO of Finance House, said that, “With the launch of the Forsa Card, we are committed to empowering UAE nationals with unprecedented savings on their credit card interest.”
Mr. Raman added that “the launch of Forsa showcases our commitment to the financial well-being of UAE Nationals by merging affordability, convenience, and empowerment. The Forsa Card is poised to drive strong traction among UAE nationals seeking relief from the expensive debt accumulated on their credit cards.”
Commenting on the introduction of Forsa, Finance House Head of Consumer Financial Services Mr. Fahd Bin Amjad stated that, “High Credit Card interest rates easily compound debt, leaving many with large financial burdens. We believe with Forsa, we are offering a solution to pay off expensive debt at the lowest rate in the market combined with the most affordable repayments. It is designed to discipline repayments while freeing up cash to relieve our customers from the monthly recurring expenses.”