Posted on March 09, 2015

Commercial Bank, Qatar’s first private bank is proud to be the exclusive financial services partner with IKEA - the world’s biggest furniture retailer in Qatar -  as it celebrates its second anniversary in Qatar. Commercial Bank customers can enjoy an enhanced IKEA experience through the Bank’s innovative ‘Shop Now, Pay Later’ interest free payment offer when they use their Commercial Bank Credit Cards for shopping at the IKEA store located at Doha Festival City.  

The “Shop Now, Pay Later” offer is available at 0% interest for up to 24 months on all purchases of QAR 400 or more at IKEA.  All Commercial Bank Credit Card customers can enjoy this convenience at any time, with no additional documents or approvals required.

Dean Proctor, Commercial Bank EGM, Head of Retail and Enterprise Banking said: “Commercial Bank congratulates IKEA on reaching the milestone of two years of business in Qatar. We are immensely proud of our exclusive financial services partnership with IKEA, and in the last two years, we have provided our customers with an affordable and convenient way of purchasing their furniture items through our innovative and first to market “Shop Now, Pay Later” instalment programme, which is available on all our credit-cards. The partnership has been a huge success so far and we look forward to a long and lasting partnership that will benefit all our customers in the future.”

Customers can furnish their home with IKEA's wide range of innovative and affordable products and household accessories while enjoying complete peace of mind. All Commercial Bank Credit Cardholders including Diners Club, Visa or MasterCard holders can make purchases using their cards at IKEA and enjoy the benefit of paying this back with interest-free monthly installments, comfortably spread over a period of time. Commercial Bank also has a dedicated kiosk in the IKEA store where non CBQ customers can apply for a Commercial Bank Credit Card on-the-spot.

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James McGowan, Regional Brand Communication Manager, IKEA – Qatar, UAE, Egypt & Oman said: “IKEA entered Qatar with an ambition to serve customers with affordable products and solutions. IKEA products are now even more affordable for Commercial Bank customers with ‘Shop Now, Pay Later’ available throughout the year.”

IKEA has greatly improved shoppers' lives around the world by fulfilling their needs and providing an unforgettable customer experience, through high quality design at reasonable prices that have become a hallmark of the brand. In turn, the store has created a big and growing base of loyal customers that have a strong affinity with the brand. In addition, Commercial Bank Credit Cardholders continue to enjoy the widest range of benefits, including 0% Buy Now Pay Later at over 200 other retail outlets, exclusive offers on travel, dining and shopping in Qatar and overseas, complimentary access to over 500 executive airport lounges worldwide, complimentary travel insurance and much more.  

Commercial Bank also offers a market leading reward points program, allowing reward points to be earned when using  their Credit Card for retail purchases that can be redeemed against gift vouchers, free flights, hotels and charitable donations. With Commercial Bank Reward Points, customers can book flights to any destination, with any airline, with no blackout dates and no hidden charges or taxes through their first-to-market FlyMiles programme as well as redeem reward points against a wide variety of partners, which include electronics, fashion, jewellery, department stores, home furnishing, sports and leisure, spas and more, to suit their lifestyle needs.

If you are not already a Commercial Bank Credit Card customer, but want to apply, please visit www.cbq.qa .Terms & Conditions apply. 

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