Features:
• Free delivery on the next day for Noon express purchases.
• Priority in Noon customer service.
• Exclusive offers for restaurants, entertainment and more.
• The card will be free of charges for the first year, and the fees will be waived in the following year when paying an amount of SAR 12,000 or more.
Riyad Bank - Noon VIP Credit Card :
Riyad Bank noon VIP Credit Card, the first of its kind in Saudi Arabia, offers you a wide range of features to facilitate your online purchases by keeping you as a top priority in Noon customer service and offering you cashback up to 3.5% on Noon purchases
Interest Rate
2.5%
Annual Fees
SAR 380
Salary Transfer
No
Minimum Due (Minimum Balance Required)
5% or SAR 100, whichever is higher
Fees & Costs:
• Annual fees for credit card: SAR 350
• Monthly profit margin: Salary Transfer Customer: 2.4%
Non- Salary Transfer Customer: 2.55%
• Total annual profit margin:Salary Transfer Customer: 32.92%
Non-Salary Transfer Customer: 35.28%
• Additional fee on non-Saudi Riyal transactions: 3%
• Dynamic transfer commission: 2.25%
• Supplementary credit card fees: Free
• Minimum monthly payments: 5% of the due amount, or SAR100. Whichever is higher
• Cash withdrawal fees: SAR 75 per transaction of amount up to SAR 5,000 and 3% or
SAR 300, whichever is less, for transactions that exceed SAR 5,000
• Late payment: SAR 100
• Reactivating the card (Islamic card only): SAR 100
• Replacements card fees: SAR 50 (based on bank estimation)
• Credit Shield fees (optional): 0.49% of the total outstanding balance, adding it to Card account every month
• Issuing a Transaction: SAR 50
Employed Documents:
• Copy of valid Saudi National ID for Saudis.
• Copy of valid Iqama or passport for non-Saudis.
• Salary certificate mentioning the starting date.
• The Customer must be 18 years or older.
• Should be salaried or self-employed.
Self Employed Documents:
• Copy of valid Saudi national ID for Saudi nationals.
• Copy of valid resident Identity card or Passport for non-Saudi nationals.
• Should be 18 years or older.
• Should be salaried or self-employed.
Professional Documents:
• Copy of valid Saudi national ID for Saudi nationals.
• Copy of valid resident Identity card or Passport for non-Saudi nationals.
• Should be 18 years or older.
• Should be salaried or self-employed.
Benefits:
• 3.5% Cashback on noon, noon grocery and SIVVI
• 1% Cashback on all other transactions
• Free next day delivery on noon express items
• Without annual fees for the first year and the fees will be waived in the following year when paying an amount of SAR 12,000 or more