Where zeros multiply,
fees say goodbye!

Payit plus Fees & Charges (Price exclusive of VAT)

Payit Plus – Fees & ChargesPayit Wallet AccountPayit Universal Account
Account FeesFees (ê)Fees (ê)
Monthly Fee00
Annual Fee00
Letsgo Payit Card FeesFees (ê)Fees (ê)
Decline transaction fee (if no sufficient funds)00
Value added service fees00
Digital Letsgo Payit Card Issuance Fee00
Physical Letsgo Payit Card Issuance Fee2525
Physical Card Replacement (lost / stolen)2525
Physical / Virtual Card Renewal (every 5 years)00
Cross currency conversion fee00
Closure fee00
False chargeback fee100100
ATM FeesFees (ê)Fees (ê)
FAB ATM – Cash withdrawal00
FAB ATM – Cash Deposit00
FAB ATM – Balance inquiry00
Non-FAB ATM – Balance inquiry11
Non-FAB ATM – Cash withdrawal22
International & GCC ATM – Balance inquiry33
GCC ATM – Cash withdrawal66
International ATM – Cash withdrawal2020
International Money Transfer FeesFees (ê)Fees (ê)
Easy bank transfer by Payit (Mastercard)55
MoneyGram cash pick-up1010
Bank transfer by SWIFT25 – 4525 – 45
Domestic Transfer Fees (UAE)Fees (ê)Fees (ê)
Payit Wallet to Payit Wallet00
Payit Wallet to FAB00
Payit Wallet to other UAE banks33
OnDemand Service FeesFees (ê)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.

  • ê 15 plus VAT, if your Payit Loan is ê 300 or less;
  • ê 20 plus VAT, if your Payit Loan is between ê 301-600;
  • ê 45 plus VAT, if your Payit Loan is between ê 601-1,000;
  • ê 85 plus VAT, if your Payit Loan is between ê 1,001-1,500
  • ê 110 plus VAT, if your Payit Loan is between ê 1,501-2,000.
  • ê 140 plus VAT, if your Payit Loan is between ê 2,001-2,500.
  • ê 170 plus VAT, if your Payit Loan is between ê 2,501-3,000.
  • ê 200 plus VAT, if your Payit Loan is between ê 3,001-3,500.
  • ê 230 plus VAT, if your Payit Loan is between ê 3,501-4,000

The service fee will vary depending on the amount of your Payit Loan.

  • ê 15 plus VAT, if your Payit Loan is ê 300 or less;
  • ê 20 plus VAT, if your Payit Loan is between ê 301-600;
  • ê 45 plus VAT, if your Payit Loan is between ê 601-1,000;
  • ê 85 plus VAT, if your Payit Loan is between ê 1,001-1,500
  • ê 110 plus VAT, if your Payit Loan is between ê 1,501-2,000.
  • ê 140 plus VAT, if your Payit Loan is between ê 2,001-2,500.
  • ê 170 plus VAT, if your Payit Loan is between ê 2,501-3,000.
  • ê 200 plus VAT, if your Payit Loan is between ê 3,001-3,500.
  • ê 230 plus VAT, if your Payit Loan is between ê 3,501-4,000

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.The late payment fee is ê 10 plus 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 25
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) 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 3
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.