Savings Illustration for reference:
Illustration for Cashback earning
| Shop on | Spends/year | Earn | Cashback/Savings |
| noon, noon Grocery, NowNow, SIVVI | 40,000 | 2% | 800* |
| Free access to noon VIP loyalty program | - | - | 120 |
| Anywhere else | 60,000 | 0.10% | 60* |
| 100,000 | 980 |
*credited as noon pay balance
Illustration for interest savings
[1] [2] [3]
AED 100,000*0.50%*30/360 = AED 41.67
[1] Average balance for the month
[2] Applicable annual interest rate
[3] Annual rate converted into monthly pay out
[4] Total interest for the month credited at the end of the month
Expected interest savings for the year = AED 500
Please note: The interest calculation is for illustrative purposes only. The actual interest amount will depend upon the number of calendar days in a month