Features:
Terms and Conditions
• Account can be opened and operated digitally only, through SAIB’s Mobile Banking app, and to know how to open and operate the account, click here
• Through Travel Account, the customer can make internal transfers between SAIB accounts, load, and unload transactions from Travel Card and receive incoming SARIE and SWIFT transfers only.
• Other transactions involving Outgoing SARIE, ATM withdrawals, branch withdrawals, SWIFT, cheque encashment are excluded.
• No cheque book or debit card will be issued for Travel Account.
• Each customer can open one Travel account only
• Fees are applicable to the Travel Account product as per the regular tariff of the Current Account on SAIB’s website.
• There are no charges and minimum balance requirement for opening the account.
• The customer will earn reward miles each month based on monthly average credit balance in Travel Account.
• There is no minimum or maximum amount of deposit to earn miles.
• The customer must provide the bank the correct Saudia AlFursan membership number, and the customer undertakes that the membership number is correct and owned to the same account holder and membership holder.
• Customers have to redeem the Travel Miles to their Saudia AlFursan account by themselves, through bank’s internet and mobile banking.
The Saudi Investment Bank - Travel Account :
A one of its kind Current Account (additional account), linked to a reward structure, in the form of Travel Miles. These Travel Miles will be earned monthly based on the average monthly balance in Travel Account and redeemed against Saudia AlFursan miles by the customer through the bank's application.
Minimum Balance
No minimum
Currencies
SAR
Monthly Fee
Benefits:
Travel Miles
Travel Miles can be earned monthly and automatically based on the average monthly balance in Travel Account.
Easy Account Management
You can easily check your account balance, track the earned, converted and redeemed miles etc., through SAIB’s Mobile Banking app.
WooW Loyalty Program
Customers will earn WooW points on all their eligible transactions.
Shari’ah compliant
Easy Miles Transfer
Travel Miles can be easily transferred to the customer’s account in Saudia Alfursan Program in orde r to buy airline tickets, upgrades seats. To know how to open and operate the account, click here
Full Digital Experience
A fully digital account, that can be opened and managed easily through SAIB’s Mobile Banking app.
No minimum Balance
There is no minimum balance requirement or hidden requirements and charges