Qatar Islamic Bank, or QIB, has announced the launch of a new Visa credit card to be offered in Infinite, Platinum and Gold variants. The new Credit Card will provide QIB customers with the convenience of managing their cash flow by paying as low as 5% per month on their card outstanding balance. To celebrate the new product's introduction, the Bank is providing a special launch offer to customers who apply for the new card between now and the end of 2016. As part of the limited-time offer, QIB will waive card issuance fees, cash withdrawal fees and supplementary card fees. Under the new cards' terms, customers have the flexibility to pay anywhere between 5% and 100% of their monthly balance, with monthly settlements automatically deducted from their accounts and the ability to perform early payments at the customer's discretion at all times. Customers will also benefit from higher credit limits, up to two times their monthly salary. As is the case with all QIB cards, customers will benefit from the one-time password security feature that the bank has added when using the card for online purchases to protect customers' credit card and personal information. Customers who hold QIB Visa Platinum credit cards will enjoy extra benefits such as purchase protection, extended warranty of up to 12 months for items purchased through the card and discounts at various retail outlets. Customers who hold the QIB Visa Infinite card will experience even more premium card features such as complimentary access to Visa's worldwide concierge, complimentary access to more than 500 airport lounges worldwide through the LoungeKey service, plus discounts at hotels around the world.