Features:
• 3D Secure for safe online shopping.
• Purchase protection for items bought using the card.
• Fraud protection for items bought using the card.
• Available as a Shari'a compliant card.
• Special offers for the Platinum Credit card provided by Mastercard.
• Free additional credit cards for family members.
• Credit Shield for outstanding balance in case of any unforeseen events (may God forbid).
• Contactless Payment service for purchases below SAR 300.
• Automatic enrolment into Hassad Rewards Program.
• As a cardholder of Mastercard Platinum Credit card you will be able to purchases goods and convert them to Qasset Program.
Riyad Bank - MasterCard Platinum Credit Card :
The Platinum Credit Card takes you to a world of luxury and sophistication giving you exceptional privileges from Master Card on shopping and dining.
Minimum Salary
SAR 0
Interest Rate
Monthly 2.55% - Annually 36.75%
Annual Fees
SAR 390
Salary Transfer
No
Minimum Due (Minimum Balance Required)
5% or SAR 100 (Whichever is higher)
Fees & Costs:
• Annual Membership Fee: SAR 390
• Monthly Term Cost: Relationship: 2.40 %-Non-Relationship: 2.55 %
• Annual Profit Rate: Relationship: 32.92 %-Non-Relationship: 35.28 %
• Late Payment: SAR 100
• 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
• Additional fee on international transactions: 2.69%
• Annual Membership Fee (Supplementary Credit Card):Free
• Replacement Card: SAR 50
• Credit Shield (Optional):0.49% of the total outstanding balance
• Monthly Minimum Payment: 5% of the total due or SAR 100, whichever is higher
• Fee for issuing a Transaction doc: 50 SAR
• VIP airports lounges access fee:Free VIP lounge access to 1100+ airports around the world for the cardholder only. ** And for additional guest it will counted as $32 fees per guest.
Employed Documents:
• Copy of valid Saudi national ID for Saudi nationals
• Copy of valid resident Identity card or Passport for non-Saudi nationals
• Salary certificate mentioning employment start date for salaried individuals
• Should be 18 years or older
• Should be salaried or self-employed
Self Employed and 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:
• Unlimited, complimentary access to over 25 regional and international lounges.
• Fraud protection.
• No annual fee for the first year.