FAB’s seasonal school-fee offer allows eligible credit-card transactions to be divided over three, six, nine or 12 months. The bank advertises zero interest and no processing fee.

The campaign runs from July 15 to September 30, 2026. Parents must complete the school payment with an eligible FAB credit card and request conversion through the FAB Mobile app.

HSBC lets eligible credit-card customers convert school fees into interest-free instalments for up to 12 months. A processing fee of 2.10%, including VAT, applies.

This means a parent converting a Dh30,000 payment would incur a Dh630 processing charge. Eligibility depends on the transaction, information held by HSBC and the bank’s internal policies, while the public page does not state a closing date for the education plan.

NBF allows eligible education payments between Dh3,000 and Dh100,000 to be divided over three months. The offer carries neither interest nor a processing fee.

It covers transactions processed under merchant codes assigned to schools, universities, online learning providers, vocational institutes, tutoring centres, preschools and childcare services. The transaction must be converted by August 30, 2026, while early settlement attracts a Dh50 charge.

RAKBANK allows eligible school-fee payments of at least Dh1,000 to be divided over three, six or 12 months at zero interest. The processing charge depends on how the parent pays.

Transactions made through Skiply between August 5 and 31 carry no processing fee. For payments outside Skiply, the bank charges 1% for a three-month plan, 2% for six months and 4% for 12 months.

A Dh20,000 transaction converted over 12 months outside Skiply would therefore incur a Dh800 processing fee. Islamic, business, SME and corporate credit cards are excluded from the promotion.

Sharjah Islamic Bank’s Easy Cash facility explicitly permits customers to use funds for school fees. Holders of eligible Smiles or Cashback Covered Cards can access at least Dh1,000 and as much as 80% of their card limit.

Three-month plans carry zero profit and a 1% administration fee, while six-month plans charge no profit but impose a 2% administration fee. Longer tenures carry monthly profit rates of 0.89% over 12 months, 0.79% over 18 months and 0.69% over 24 months, together with a 1% administration charge.

(Banks have been listed alphabetically, with only publicly verified facilities that explicitly cover education fees included. Parents generally need enough available credit to pay the school in full before converting the transaction into instalments.)

A zero-interest or zero-profit label refers to the rate applied to the instalment balance. It does not automatically rule out processing, administration, VAT or early-settlement charges.

The difference can become substantial on a large tuition bill. A 4% processing fee adds Dh1,600 to a Dh40,000 payment, even if the instalments themselves carry no interest.

Parents should compare the total dirham cost rather than the advertised rate alone. A shorter plan with a small fixed charge may cost less than a longer zero-interest facility carrying a percentage-based fee.

Eligibility often depends on the merchant category code assigned to the transaction by Visa or Mastercard. A payment may not qualify if the school, payment platform or intermediary processes it under a category other than education.

Parents should ask the bank to confirm the transaction’s eligibility before paying. They should also check whether the school accepts the card directly or requires a specific platform such as Skiply.

The full payment normally reduces the card’s available credit limit immediately, even when the bank later divides it into monthly instalments. The limit is restored gradually as the customer repays the balance.

Each instalment forms part of the cardholder’s monthly payment obligation. Missing a payment can trigger standard card charges, affect the customer’s credit record or cause the remaining instalment balance to be treated as an ordinary card transaction.

(Offer terms were checked against publicly available bank information on August 13, 2026. Banks may change, withdraw or extend promotions, while individual eligibility remains subject to the card type, available credit limit, transaction classification and the bank’s approval.)