iCash Terms and Conditions
Short on cash this month?
With our iCash service, you can get an instant advance of 50% of your net salary without any interest or commissions, exclusively through iBank.jo or the iBank app.
Watch the video for the steps
iCash Terms and Conditions:
- This service is offered free of charge only once during the campaign period (June 11, 2025, until June 24, 2025). The bank’s special one-time commission fee will apply after the, as follows:
Commission | iCash Amount |
---|---|
5 JOD 10 JOD 20 JOD |
1 JOD – 999 JOD 1000 JOD – 2999 JOD 3000 JOD and above |
- The iCash service is exclusively available on iBank.jo, or through the iBank app.
- The customer must not have any outstanding or unpaid installments.
- The customer’s salary must be transferred to any INVESTBANK account for a minimum of one time to qualify for the iCash service, with a minimum monthly salary limit of 400 JOD.
- The customer can apply for the iCash service after a minimum of 9 days of a salary transfer and a maximum of 35 days from the date of salary transfer to their INVESTBANK account.
- If more than 35 days have passed since the salary transfer date, the customer will not be able to apply for the iCash service.
- The customer can apply for a 50% of the net salary, after deducting all outstanding loan or credit obligations within 30 days of the transfer date.
- The iCash service with 0% interest is applicable provided the advance value is paid within 23 days from the iCash application date. If the customer delays the full payemnt of the granted amount, in addition to the iCash service fees, for a period of 23 days from the due date, the bank will only be liable for a special commission of 10 JODs until the advance is fully repaid. If the 23rd day from the due date falls on a weekend or any official holiday, the commission will be collected, and iCash will be notified on the last business day before that date.
- iCash service is only available for salaries transferred in Jordanian dinars. Foreign currency salaries are excluded.
- Bank customers with an iCash account authorize the bank to open an iCash account to automatically benefit from the service. Minimum account fees do not apply on this account.
- The customer has the right to withdraw the approved limit in multiple installments, free of charge for the first time only.
- The minimum iCash advance amount is 50 JOD, and the maximum is 10,000 JOD.
- The customer authorizes the bank to automatically settle the outstanding balance immediately upon the receipt of any amounts into their account with the bank to cover the amount granted to the customer through the iCash service.
- The customer can repay the advance amount by directly transferring the amount to the iCash account through the iBank service.
- If the outstanding amount is not settled, the bank has the right to block the iCash service from the customer until any outstanding dues are paid.
- The bank has the right to stop this service at any time after informing the customer and requesting any amounts credited to their account under these terms and conditions.