Where zeros multiply,
fees say goodbye!

Payit plus Fees & Charges (Price exclusive of VAT)

Account fees Fees ê
Monthly fee 0
Annual fee 0
Letgso Payit Card fees Fees ê
Decline transcation fees (if no sufficient funds) 0
Value added service fees 0
Digital Letsgo Payit Card Issuance Fee 0
Physical Letsgo Payit Card Issuance Fee 0
Physical Card Replacement (lost/stolen) 25
Physical / Virtual Card Renewal (Every 5 Years) 0
Cross currency conversion fee 0
Closure fee 0
False charge back fee 100
ATM fees Fees ê
FAB ATM - Cash withdraw! 0
FAB ATM - Balance inquiry 0
Non FAB ATM - Balance inquiry 1
Non FAB ATM - Cash withdrawl 2
Internatioal & GCC ATM- Balance inquiry 3
GCC ATM - Cash withdrawl 6
International ATM - Cash withdrawl 20
International Money Transfer fees Fees ê
Easy bank transfer by Payit (Mastercard) 0
Express bank transfer by Federal bank 5
Moneygram cash Pick-up 10
Bank transfer By SWIFT 45-25
Domestic Transfers Fees (Send money locally) Fees ê
Payit Wallet to Payit Wallet 0
Payit Wallet to FAB 0
Payit Wallet to other Banks in UAE 2
onDemand Fees ê
Service fee
(This is a one-off fixed fee that is payable upfront when you obtain a Payit Loan.)
The service fee will vary depending on the amount of your Payit Loan. The service fee will be:
  • ê 15 plus VAT, if your Payit Loan is ê 300 or less;
  • ê 21 plus VAT, if your Payit Loan is between ê 301-600;
  • ê 42 plus VAT, if your Payit Loan is between ê 601-1,000;
  • ê 80 plus VAT, if your Payit Loan is between ê 1,001-2,000; or
  • ê 120 plus VAT, if your Payit Loan is between ê 2,001-4,000.
Late repayment fee
(This is a one-off fixed late payment fee added to your Payit Loan if you miss your scheduled repayment date.)
The late payment fee is ê 10 plus VAT.