tabby shared some updated T&C tabby.ai/en-AE/legal/kfs-card/3.0.0

Key differences

1) Rollover fee (major increase)

• v2: up to 6% [tabby 02 | PDF]
• v3: up to 12% (risk-based) [tabby 3 | PDF]

✅ Impact:

• Potential 2x increase in cost for revolving balances
• Now explicitly tied to risk profile / credit history

2) Installment (payment plan) pricing – significantly higher cap

Out-of-network purchases

• v2:
  • 4 installments: 3–5% fee [tabby 02 | PDF]
  • Longer plans: up to 15% [tabby 02 | PDF]
• v3:
  • Up to 12 installments
  • Fees up to 22% [tabby 3 | PDF]

✅ Impact:

• Substantial increase in maximum borrowing cost
• More flexibility (up to 12 installments), but at higher cost

3) Fee structure change (example in illustration)

• v2: installment fee example = AED 240 upfront [tabby 02 | PDF]
• v3: installment fee example = AED 50 spread into installments [tabby 3 | PDF]

✅ Impact:

• Shift from upfront fee → distributed fee model
• Likely improves user cash flow perception

4) Collection (late) charges – higher penalties

Balance	v2 max fee	v3 max fee
AED 0–500	40	60
AED 501–2000	60	100
AED 2000+	100–200	up to 200

[tabby 02 | PDF], [tabby 3 | PDF]

✅ Impact:

• Clear increase in late payment penalties

5. APR in example scenarios

• v2:
  • Example APR: 32% for installment case [tabby 02 | PDF]
• v3:
  • Example APR: 40.33% [tabby 3 | PDF]

✅ Impact:

• Indicates higher effective borrowing cost

6) Autopay / repayment mechanics (expanded)

• v2:
  • Basic autopay (minimum/full balance) [tabby 02 | PDF]
• v3:
  • More detailed auto-repayment options
  • Includes:
    • Auto top-up for insufficient funds
    • Multiple retries after due date [tabby 3 | PDF]

✅ Impact:

• More automated recovery of dues
• Potentially more aggressive repayment enforcement

7) Minimum repayment definition update

• v3 adds:
  • Explicit inclusion of payment plan fees in minimum due [tabby 3 | PDF]

✅ Impact:

• Minimum payment becomes higher and more inclusive