Al Rajhi Bank - Platinum Card

Al Rajhi Bank

Features:

• MOKAFA Program Allows You To Earn 4 Points Per SAR 1 Domestic Spend And 5 Points On International Spend With Your Card. 

• Cash Withdrawal Allows You To Earn Points While Purchasing With Your Card, With Various Instant Redemption Options. 

• Enjoy The Flexibility Of Paying As Low As 5% Of Your Monthly Card Statement. 

• Access, At 25 Airport Lounges Globally Though DragonPass . 

• Exclusive Perks With “Kiwi Collection” The World’s Largest And Most Diverse And Curated Collection Of Luxury Hotels Including: 

- Automatic Room Upgrade Upon Arrival, When Available. 

- Complimentary Continental Breakfast Daily. 

- $25 USD Food Or Beverage Credit. 

• 0% Tasaheal Program You Can Convert Your Transactions Into Equal And Flexible Monthly Installmentswith 0% Profit Margin And ZERO Processing Fee Through Program Partners. 

• Free Additional Cards For Your Immediate Family Members Give Them The Same Features And Benefits As Per Your Primary Card. 

• Instant Discounts. 

• “Visa Checkout” The Easier Pay Online Service.

Al Rajhi Bank - Platinum Card :

Al Al Rajhi Bank introduces the Platinum Credit Card based on Murabaha finance to offer you the ultimate flexibility and many unique features, Murabaha Platinum credit card is based on giving you a fully Sharia compliant finance, and then deposit the funds in your card account to use it on purchases or cash withdrawals with the lowest profit rate on finance (1% per month).

Minimum Salary

Interest Rate

2.2%

Annual Fees

SAR 490

Salary Transfer

No

Minimum Due (Minimum Balance Required)

5%

Fees & Costs:

• Supplementary Card: 2 Free cards and SAR 190 for 3 card and More

• Foreign Transaction Fee: 2.75%  

• Replacement Fee: SAR 50 

• Cash Withdrawal fee: SAR 75

• Wrong Dispute: SAR 50

Employed Documents:

• Current Accounts with Al Rajhi Bank. 

• Copy of Valid ID (national ID/Iqama). 

• Salary certificate mentioning employments from employee. 

• Fill & submit application form. 

• Should be compliant with Al Rajhi Bank’s and SIMAH’s policies for issuance credit cards.


Self Employed Documents:

• Current Accounts with Al Rajhi Bank. 

• Copy of Valid ID (national ID/Iqama). 

• Salary certificate mentioning employments from employee. 

• Fill & submit application form. 

• Should be compliant with Al Rajhi Bank’s and SIMAH’s policies for issuance credit cards.


Professional Documents:

• Current Accounts with Al Rajhi Bank. 

• Copy of Valid ID (national ID/Iqama). 

• Salary certificate mentioning employments from employee. 

• Fill & submit application form. 

• Should be compliant with Al Rajhi Bank’s and SIMAH’s policies for issuance credit cards.


Benefits:

• MOKAFA Program Allows You To Earn 4 Points Per SAR 1 Domestic Spend And 5 Points On International Spend With Your Card. 

• Cash Withdrawal Allows You To Earn Points While Purchasing With Your Card, With Various Instant Redemption Options. 

• Enjoy The Flexibility Of Paying As Low As 5% Of Your Monthly Card Statement. 

• Access, At 25 Airport Lounges Globally Though DragonPass . 

• Exclusive Perks With “Kiwi Collection” The World’s Largest And Most Diverse And Curated Collection Of Luxury Hotels Including: 

- Automatic Room Upgrade Upon Arrival, When Available. 

- Complimentary Continental Breakfast Daily. 

- $25 USD Food Or Beverage Credit. 

• 0% Tasaheal Program You Can Convert Your Transactions Into Equal And Flexible Monthly Installmentswith 0% Profit Margin And ZERO Processing Fee Through Program Partners. 

• Free Additional Cards For Your Immediate Family Members Give Them The Same Features And Benefits As Per Your Primary Card. 

• Instant Discounts. 

• “Visa Checkout” The Easier Pay Online Service.