Features:
Cashback on Transactions
Enjoy up to 10% cashback on everyday spends.
Full Digital Experience
Start enjoying the benefits of your SAIB Credit
Card by requesting and activating it via “Flexx Touch” mobile application.
Apple Pay
Add 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 - Platinum Cashback Credit Card :
SAIB Platinum Cashback Credit Card is a financial revolution in the Saudi Credit Card market. The Bank has maximized the card’s exceptional offers. You can now enjoy cashback on your day to day spends up to 10% on each transaction you make with your SAIB Platinum Cashback Credit Card.
Minimum Salary
SAR 0
Interest Rate
2.49%
Annual Fees
SAR 399
Salary Transfer
No
Minimum Due (Minimum Balance Required)
5% or SAR 100 (Whichever is higher)
Fees & Costs:
• Annual Fees (First Year): Free
• Annual Fees (Second year onward): SAR 299
• 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: 2.75%
• 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.
• Note: The Bank reserves the right to accept or reject an application based on the policy in place at the time of the request.
Documents required:
• Filled and signed Credit Card Application form.
• A valid National ID for Saudis.
• 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.
• For more information please call free number at 800 124 8000.
Benefits:
Financial and
Security 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).
Purchase
Protection
Shop with ease of
mind. With Purchase Protection, your purchases are insured in case of loss,
accidental damage or theft.
Extended Warranty
Extended warranty
doubles the warranty period offered by the merchant for up to 1 year.
Terms and
Conditions:
Full payment of
purchased items must be made with your Platinum Cashback Credit Card
New item
purchases only
Proof of full
payment with Platinum Cashback Credit Card is required
Travel and
Lifestyle Benefits
Global Airport
Lounge Access
Enjoy access to
25 luxurious airport lounges through LoungeKey membership
No registration
is required to activate the lounge benefit for your Platinum Cashback Credit
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 Platinum Cashback 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 Platinum Cashback
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 Platinum Cashback Credit Card, and enjoy up to 4 months
for free for the first year!
Subscribe from
here with your Platinum Cashback Credit Card, and get one month free for every
2-month subscription.
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
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)