1. Salary Assigned ?

2. Customer Type ?

SAR 20,000 SAR 3,000,000
1 Year(s) 5 Year(s)
SAR 5,000 SAR 500,000

* Interest rates vary by tenor & subject to bank policy

* Management fees: 1% of finance amount (capped at SAR 5,000). Late payment fees: SAR 150. EMI deferment fees: SAR 100. Early settlement fees: 3 months term cost from date of finance closure.

*Management fees: 1% of finance amount (capped at SAR 5,000). Late payment fees: SAR 150. EMI deferment fees: SAR 100.

APR

{0}%

Management Fees

{0} SAR

Term Cost

{0} SAR

Total Repayment amount

{0} SAR

With Personal Finance, monthly installment is

SAR

*

APR may differ depending on the amount and maturity period and subject to credit scoring of each customer

*Subject to terms and conditions.

1. Select Credit Card?
SAR 0 SAR 0
Click here for Fees & Charges

APR is subject to change depending on the card's credit limit and outstanding balance.
Product tiers (Platinum or Infinite) and the Credit Limit assigned to customer is subject to Bank's internal policies and review of customer's credit report
Minimum Income required for Infinite cards is SAR 30,000

Last modification : 26th July 2023

APR
Annual Fee
{0} SAR

Monthly Interest Rate is
{0} % *
Bank reserves the right to change fee and rates at any time with appropriate notice to
customers

*Subject to terms and conditions.

1. Select Home Finance ?
0
SAR 300,000 SAR 5,000,000
0
5 Year(s) 30 Year(s)
0
SAR 1,000 SAR 100,000
0
10 % 90 %
0
SAR 0 SAR 500,000
0
SAR 0 SAR 500,000

* Interest rates vary by tenor & subject to bank policy
In case of early settlement, 3 following months profit will be charged.
Management fee of 1% from financed amount or capper at SAR 5,000 whichever is lower (including evaluation fee).
Management fee of 1% from financed amount or capper at SAR 5,000 whichever is lower (including evaluation fee).

1. Salary Assigned ?

2. Approved Employer ?

3. First Property ?

Maximum DBR

{0}%

Other products DBR

{0}%

Available DBR

{0}%

Mortgage DBR

{0}%

APR

{0}%

Rate

{0}%

Financing amount

{0} SAR

Total Repayment amount

{0} SAR

Given the data selected, you are ineligible for the Murabaha Mortgage product, please change the data selected

With IjarahHome Financing, monthly installment is

SAR

*

APR may differ depending on the amount and maturity period and subject to credit scoring of each customer.

*Subject to terms and conditions.
1. Select Auto Lease Type ?
2. Select Finance Type ?
3. Select Model Type ?
8000 SAR 50000 SAR
20000 SAR 1200000 SAR
0 % 90 %
3 % 35 %
1 Years 5 Years

Note: Profit Rates, Down Payment, Balloon Payment, Tenor and the Financing Limits may vary & are subject to Bank's policy
Management Fee 1% of the finance amount or SAR 5000 whichever is lower
For 50/50 program: Maximum Financing Amount is capped at SAR 500,000 for regular cars and SAR 750,000 for (Bentley Only)

Last modification : 15th August 2020

1. Customer Type?

2. Car Type?

Finance Amount

{0} SAR

Down Payment Amount

{0} SAR

Term Cost

{0} SAR

Balloon Payment Amount

{0} SAR

APR

{0}%

Management Fees

{0} SAR

Total Repayment amount

{0} SAR

Based on the Auto Lease program, your monthly installment is

SAR

*

APR may differ depending on the amount and maturity period and subject to credit scoring of each customer

*Subject to terms and conditions.

Example of how monthly installments are calculated

Platinum, Mazeed Platinum and Infinite Credit Cards:

Example 1 (Month 1): Assuming that the Cardholder is assigned the statement billing date as 7th day of every month and he does the following transactions in the billing period 7th March and 7th April.

  • Retail purchases worth SAR 10,000 on March 10th
  • Cash withdrawal of SAR 6,000 on 1st April

It is assumed that no previous balance is carried forward from the March 7th statement, the Cardholder will receive his April 7th statement detailing total transactions of SAR 16,075 (principal balance + cash advance fee of SAR 75 for every cash withdrawal).

The Cardholder needs to make a payment towards the outstanding within 23 days from the statement date (due date: April 30th). The payment can range between 5% and 100% of the outstanding amount.

Total interest charges for cash advance billed in the statement of April 7th will be SAR 6,075 x 26.4% x 7 days / 360 days* = SAR 31.19

* Interest on cash advance transactions is calculated on a daily basis since date of transaction until cash advance transaction amount is fully settled.

Example 2 (Month 2): In the following month starting April 7th, Cardholder will have the carry forward balance of SAR 16,106.19. In case a partial payment of SAR 3,000 is received on April 29th, interest charges for the May 7th statement will be calculated as per the following:

  • Retail transaction since date of transaction (Mar 10th) until date of payment (April 29th): SAR 10,000 x 26.4% x 50 days / 360 days** = SAR 366.67
  • Retail transaction since date of payment (April 29th) until statement issuance date (May 7th): SAR 10,000 x 26.4% x 9 days / 360 days** = SAR 66.00
  • Cash balance since last statement issuance date (April 7th) until date of payment (April 29th): SAR 6,106.19 x 26.4% x 21 days / 360 days = SAR 94.04
  • Cash balance since date of payment (April 29th) until statement issuance date (May 7th): SAR 3,106.19 x 26.4% x 9 days / 360 days = SAR 20.50

Total interest charges billed in the statement of May 7th will be SAR 547.20

**Interest on retail transactions is calculated on a daily basis since date of transaction, if the outstanding balance is not fully settled by the payment due date.

Example 3 (Month 3): Starting May 7th, Cardholder will have the carry forward balance of SAR 13,653.39. In case the customer does following transactions during this month:

  • Partial payment of SAR 3,500 on May 10th
  • Retail transaction of SAR 3,000 on May 16th
  • Cash withdrawal transaction of SAR 600 on May 18th

Interest charges will be calculated as per the following:

  • Retail balance since last statement issuance date (May 7th) until date of payment (May 10th): SAR 10,432.67 x 26.4% x 2 days / 360 days = SAR 15.30
  • Retail balance since date of payment (May 10th) until statement issuance date (June 7th): SAR 10,000 x 26.4% x 29 days / 360 days = SAR 212.67
  • Cash balance since last statement issuance date (May 7th) until date of payment (May 10th): SAR 3,220.72 x 26.4% x 2 days / 360 days = SAR 4.72
  • Cash balance since date of payment (May 10th) until statement issuance date (June 7th): SAR 153.39 x 26.4% x 29 days / 360 days = SAR 3.26
  • New cash advance since date of transaction (May 18th) until statement issuance date (June 7th)* : SAR 675 x 26.4% x 21 days / 360 = SAR 10.40

Total interest charges billed in the 7th of June statement will be SAR 246.35

Platinum Plus:

Example 1 (Month 1): Assuming that the Cardholder is assigned the statement billing date as 7th day of every month and he does the following transactions in the billing period 7th March and 7th April.

  • Retail purchases worth SAR 10,000 on March 10th
  • Cash withdrawal of SAR 6,000 on 1st April

It is assumed that no previous balance is carried forward from the March 7th statement, the Cardholder will receive his April 7th statement detailing total transactions of SAR 16,075 (principal balance + cash advance fee of SAR 75 for every cash withdrawal).

The Cardholder needs to make a payment towards the outstanding within 23 days from the statement date (due date: April 30th). The payment can range between 5% and 100% of the outstanding amount.

Total interest charges for cash advance billed in the statement of April 7th will be SAR 6,075 x 29.88% x 7 days / 360 days* = SAR 35.29

* Interest on cash advance transactions is calculated on a daily basis since date of transaction until cash advance transaction amount is fully settled.

Example 2 (Month 2): In the following month starting April 7th, Cardholder will have the carry forward balance of SAR 16,110.3. In case a partial payment of SAR 3,000 is received on April 29th, interest charges for the May 7th statement will be calculated as per the following:

  • Retail transaction since date of transaction (Mar 10th) until date of payment (April 29th): SAR 10,000 x 29.88% x 50 days / 360 days** = SAR 415
  • Retail transaction since date of payment (April 29th) until statement issuance date (May 7th): SAR 10,000 x 29.88% x 9 days / 360 days** = SAR 74.7
  • Cash balance since last statement issuance date (April 7th) until date of payment (April 29th): SAR 6,110.3 x 29.88% x 21 days / 360 days = SAR 106.5
  • Cash balance since date of payment (April 29th) until statement issuance date (May 7th): SAR 3,110.3 x 29.88% x 9 days / 360 days = SAR 23.23

Total interest charges billed in the statement of May 7th will be SAR 619.43

**Interest on retail transactions is calculated on a daily basis since date of transaction, if the outstanding balance is not fully settled by the payment due date.

Example 3 (Month 3): Starting May 7th, Cardholder will have the carry forward balance of SAR 13,729.73. In case the customer does following transactions during this month:

  • Partial payment of SAR 3,500 on May 10th
  • Retail transaction of SAR 3,000 on May 16th
  • Cash withdrawal transaction of SAR 600 on May 18th

Interest charges will be calculated as per the following:

  • Retail balance since last statement issuance date (May 7th) until date of payment (May 10th): SAR 10,489.7 x 29.88% x 2 days / 360 days = SAR 19.23
  • Retail balance since date of payment (May 10th) until statement issuance date (June 7th): SAR 10,000 x 29.88% x 29 days / 360 days = SAR 240.7
  • Cash balance since last statement issuance date (May 7th) until date of payment (May 10th): SAR 3,129.73 x 29.88% x 2 days / 360 days = SAR 5.19
  • Cash balance since date of payment (May 10th) until statement issuance date (June 7th): SAR 119.43 x 29.88% x 29 days / 360 days = SAR 2.8
  • New cash advance since date of transaction (May 18th) until statement issuance date (June 7th)* : SAR 675 x 29.88% x 21 days / 360 = SAR 11.76

Total interest charges billed in the 7th of June statement will be SAR 279.76

Foreign Payment example

  • Assuming a conversions rate from currency A to Saudi Riyal: 2.5%
  • Amount in Saudi Riyal: SAR 1,000 + (SAR 1,000 x 2.5%) = SAR 1,025
  • Foreign currency transaction fees: SAR 1,025 x 2.2% = SAR 22.55
  • Total transaction payment in Saudi Riyal: SAR 1,025 + SAR 22.55 = SAR 1,047.55
  • The conversion from foreign currency to Saudi Riyal is done by the respective schemes that are VISA/MasterCard as per their prevailing rates for the day

Disclosure Schedule

Card APR Annual Interest Rate Monthly Minimum Payment % Months to Payoff Balance Annual Fee
Platinum 66.22% 26.4% 5% 71 7,000 SAR 300
Platinum Plus 34.33% 29.88% 5% 78 7,000 Free
Mazeed 52.43% 26.4% 5% 71 7,000 SAR 200
Infinite 45.02% 26.4% 5% 71 7,000 SAR 700

Platinum, Mazeed Platinum and Infinite Credit Cards:

Example 1 (Month 1): Assuming that the Cardholder is assigned the statement billing date as 7th day of every month and he does the following transactions in the billing period 7th March and 7th April.

  • Retail purchases worth SAR 10,000 on March 10th
  • Cash withdrawal of SAR 6,000 on 1st April

It is assumed that no previous balance is carried forward from the March 7th statement, the Cardholder will receive his April 7th statement detailing total transactions of SAR 16,075 (principal balance + cash advance fee of SAR 75 for every cash withdrawal).

The Cardholder needs to make a payment towards the outstanding within 23 days from the statement date (due date: April 30th). The payment can range between 5% and 100% of the outstanding amount.

Total interest charges for cash advance billed in the statement of April 7th will be SAR 6,075 x 26.4% x 7 days / 360 days* = SAR 31.19

* Interest on cash advance transactions is calculated on a daily basis since date of transaction until cash advance transaction amount is fully settled.

Example 2 (Month 2): In the following month starting April 7th, Cardholder will have the carry forward balance of SAR 16,106.19. In case a partial payment of SAR 3,000 is received on April 29th, interest charges for the May 7th statement will be calculated as per the following:

  • Retail transaction since date of transaction (Mar 10th) until date of payment (April 29th): SAR 10,000 x 26.4% x 50 days / 360 days** = SAR 366.67
  • Retail transaction since date of payment (April 29th) until statement issuance date (May 7th): SAR 10,000 x 26.4% x 9 days / 360 days** = SAR 66.00
  • Cash balance since last statement issuance date (April 7th) until date of payment (April 29th): SAR 6,106.19 x 26.4% x 21 days / 360 days = SAR 94.04
  • Cash balance since date of payment (April 29th) until statement issuance date (May 7th): SAR 3,106.19 x 26.4% x 9 days / 360 days = SAR 20.50

Total interest charges billed in the statement of May 7th will be SAR 547.20

**Interest on retail transactions is calculated on a daily basis since date of transaction, if the outstanding balance is not fully settled by the payment due date.

Example 3 (Month 3): Starting May 7th, Cardholder will have the carry forward balance of SAR 13,653.39. In case the customer does following transactions during this month:

  • Partial payment of SAR 3,500 on May 10th
  • Retail transaction of SAR 3,000 on May 16th
  • Cash withdrawal transaction of SAR 600 on May 18th

Interest charges will be calculated as per the following:

  • Retail balance since last statement issuance date (May 7th) until date of payment (May 10th): SAR 10,432.67 x 26.4% x 2 days / 360 days = SAR 15.30
  • Retail balance since date of payment (May 10th) until statement issuance date (June 7th): SAR 10,000 x 26.4% x 29 days / 360 days = SAR 212.67
  • Cash balance since last statement issuance date (May 7th) until date of payment (May 10th): SAR 3,220.72 x 26.4% x 2 days / 360 days = SAR 4.72
  • Cash balance since date of payment (May 10th) until statement issuance date (June 7th): SAR 153.39 x 26.4% x 29 days / 360 days = SAR 3.26
  • New cash advance since date of transaction (May 18th) until statement issuance date (June 7th)* : SAR 675 x 26.4% x 21 days / 360 = SAR 10.40

Total interest charges billed in the 7th of June statement will be SAR 246.35

Platinum Plus:

Example 1 (Month 1): Assuming that the Cardholder is assigned the statement billing date as 7th day of every month and he does the following transactions in the billing period 7th March and 7th April.

  • Retail purchases worth SAR 10,000 on March 10th
  • Cash withdrawal of SAR 6,000 on 1st April

It is assumed that no previous balance is carried forward from the March 7th statement, the Cardholder will receive his April 7th statement detailing total transactions of SAR 16,075 (principal balance + cash advance fee of SAR 75 for every cash withdrawal).

The Cardholder needs to make a payment towards the outstanding within 23 days from the statement date (due date: April 30th). The payment can range between 5% and 100% of the outstanding amount.

Total interest charges for cash advance billed in the statement of April 7th will be SAR 6,075 x 29.88% x 7 days / 360 days* = SAR 35.29

* Interest on cash advance transactions is calculated on a daily basis since date of transaction until cash advance transaction amount is fully settled.

Example 2 (Month 2): In the following month starting April 7th, Cardholder will have the carry forward balance of SAR 16,110.3. In case a partial payment of SAR 3,000 is received on April 29th, interest charges for the May 7th statement will be calculated as per the following:

  • Retail transaction since date of transaction (Mar 10th) until date of payment (April 29th): SAR 10,000 x 29.88% x 50 days / 360 days** = SAR 415
  • Retail transaction since date of payment (April 29th) until statement issuance date (May 7th): SAR 10,000 x 29.88% x 9 days / 360 days** = SAR 74.7
  • Cash balance since last statement issuance date (April 7th) until date of payment (April 29th): SAR 6,110.3 x 29.88% x 21 days / 360 days = SAR 106.5
  • Cash balance since date of payment (April 29th) until statement issuance date (May 7th): SAR 3,110.3 x 29.88% x 9 days / 360 days = SAR 23.23

Total interest charges billed in the statement of May 7th will be SAR 619.43

**Interest on retail transactions is calculated on a daily basis since date of transaction, if the outstanding balance is not fully settled by the payment due date.

Example 3 (Month 3): Starting May 7th, Cardholder will have the carry forward balance of SAR 13,729.73. In case the customer does following transactions during this month:

  • Partial payment of SAR 3,500 on May 10th
  • Retail transaction of SAR 3,000 on May 16th
  • Cash withdrawal transaction of SAR 600 on May 18th

Interest charges will be calculated as per the following:

  • Retail balance since last statement issuance date (May 7th) until date of payment (May 10th): SAR 10,489.7 x 29.88% x 2 days / 360 days = SAR 19.23
  • Retail balance since date of payment (May 10th) until statement issuance date (June 7th): SAR 10,000 x 29.88% x 29 days / 360 days = SAR 240.7
  • Cash balance since last statement issuance date (May 7th) until date of payment (May 10th): SAR 3,129.73 x 29.88% x 2 days / 360 days = SAR 5.19
  • Cash balance since date of payment (May 10th) until statement issuance date (June 7th): SAR 119.43 x 29.88% x 29 days / 360 days = SAR 2.8
  • New cash advance since date of transaction (May 18th) until statement issuance date (June 7th)* : SAR 675 x 29.88% x 21 days / 360 = SAR 11.76

Total interest charges billed in the 7th of June statement will be SAR 279.76

Foreign Payment example

  • Assuming a conversions rate from currency A to Saudi Riyal: 2.5%
  • Amount in Saudi Riyal: SAR 1,000 + (SAR 1,000 x 2.5%) = SAR 1,025
  • Foreign currency transaction fees: SAR 1,025 x 2.2% = SAR 22.55
  • Total transaction payment in Saudi Riyal: SAR 1,025 + SAR 22.55 = SAR 1,047.55
  • The conversion from foreign currency to Saudi Riyal is done by the respective schemes that are VISA/MasterCard as per their prevailing rates for the day

Disclosure Schedule

Card APR Annual Interest Rate Monthly Minimum Payment % Months to Payoff Balance Annual Fee
Platinum 66.22% 26.4% 5% 71 7,000 SAR 300
Platinum Plus 34.33% 29.88% 5% 78 7,000 Free
Mazeed 52.43% 26.4% 5% 71 7,000 SAR 200
Infinite 45.02% 26.4% 5% 71 7,000 SAR 700

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