The Saudi Investment Bank - Visa Platinum Credit Card

The Saudi Investment Bank

Features:

Full Digital Experience:

Start enjoying the benefits of your SAIB Credit Card by activating it via “Flexx Touch” mobile application.

Contactless Payment Service:

Pay your purchases safely and easily by swiping your card on POS devices with Contactless Payment Service.

Apple Pay:

dd your SAIB cards to Apple Pay and enjoy secured and fast payments inside and outside the Kingdom (in stores and online).

 

The Saudi Investment Bank - Visa Platinum Credit Card :

A card reserved for those who seek a world of privileges and special attention to enjoy the luxuries of life and comfort. Visa Platinum Credit Card from The Saudi Investment Bank offers many exclusive services, convenience and a wide variety of offers designed to complement your lifestyle. Whether you are travelling, shopping, hosting dinner or even renovating your home, Visa Platinum Credit Card from The Saudi Investment Bank is your ideal solution. 


Minimum Salary

SAR 0

Interest Rate

2.49%

Annual Fees

SAR 300

Salary Transfer

No

Minimum Due (Minimum Balance Required)

5% or SAR 100 (Whichever is higher)

Fees & Costs:

• Annual Fees: Free 

• Supplementary Card Fees: Free 

• Tawarruq Profit Rate: 2.49% 

• Card Replacement Fees: SAR 100 

• Late Payment Fees: SAR 100 

• Cash Advance Fees: SAR 75 

• PIN Mailer Re-issuance Fees: SAR 40 

• Dispute Fees (False Disputes): SAR 50 

• Additional Statement Fees: SAR 40 

• Foreign Currency Mark-up: 2.25% 

• Minimum Payment Due: 5% or SAR 100 (Whichever is higher)

Eligibility:

• Customer’s age must range between 18-65 years 

• Customer must have an account with SAIB 

• Customer must be employed, self-employed, retired, or average balance accountholders

Documents required:

• Filled and signed Credit Card Application form 

• A valid National ID for Saudis and passport for Expatriates 

• Salary certificate 

• 3-month bank statement 

• Copy of ID for potential supplementary cardholder 

• Valid commercial registration for self-employed along with 12-month bank statement

Benefits:

Easy Payment Plan - 0% Profit Rate

Buy now and pay later with SAIB Easy Payment Plan program! It is designed to enable credit cardholders of making large purchases and converting them to easy and equal monthly payments in 3, 6, 9, or 12 months at selected partners with 0% profit rate (either by shopping online or at showrooms and stores).

Travel and Lifestyle Benefit

Global Airport Lounge Access

Enjoy access to 25 luxurious airport lounges through DragonPass membership

No registration is required to activate the lounge benefit for your Visa Platinum Card

Meet and Assist Service at Airports

Enjoy discounts of up to 15% off retail rates at over 450 destinations globally by booking with your Visa Platinum credit card

Cardholders can book from here and the discount will be applied directly

Services must be booked at least 72 hours prior to commencement of travel

Offer not to be used in conjunction with other promotions

Cardholders can also book other services such as limo transfer, visa on arrival, baggage porters, etc.

The Entertainer

Incredible experiences await you with The Entertainer! Download "Xperience with the ENTERTAINER" mobile application and register using your Visa Platinum credit card to treat yourself to exclusive 2-for-1 deals on food and entertainment in addition to over 5,000 travel discounts.

4 Months FREE with Anghami

Subscribe to Anghami Plus with your Visa Platinum credit card, and enjoy up to 4 months for free for the first year!

Subscribe from here with your Visa Platinum credit card, and get one month free for every 2-month subscription.

Jumeirah Offers

Up to 25% off stays at the following Jumeirah properties:

Madinat Jumeirah

Jumeirah Royal Saray

Jumeirah Messilah Beach Hotel

Jumeirah Port Soller Hotel & Spa

Jumeirah Frankfurt

Grosvenor House Suites by Jumeirah Living

Jumeirah Lowndes Hotel

Capri Palace Jumeirah

Visa Luxury Hotels Collection

VLHC includes over 900 intriguing and prestigious properties, providing a premium collection of benefits specially designed to offer an unparalleled experience.

Offers:

Best available rate

Automatic Room Upgrade upon arrival

Complimentary in-room Wi-Fi

Complimentary breakfast daily

$25 USD food or beverage credit

VIP guest status

3PM check out (upon request)

Book must be made from here

DragonPass

Enjoy special offers at over 200 airport restaurants globally. Please download the app "Dine & Travel Companion" and register in order to view the offers and the DragonPass Terms and Conditions