Features:
Credit
Balance
Use
the card as a credit card after requesting the credit balance feature through
the bank's banking app.
Online
Currency Exchange
You
don't need to visit currency exchange centers! You can exchange currencies on
your travel card through online banking, the banking app, or phone banking.
No
Currency Exchange Fees
When
purchasing in any of the currencies added to the card, no exchange rate will be
charged for purchases online or at points of sale.
Competitive
Exchange Rates
Fixed
exchange rate for the US dollar (1 US dollar = 3.75 USD)
Competitive
exchange rates for other currencies
Contactless
Payment Service
Pay
easily and securely with the contactless payment service by swiping your card
over point of sale terminals.
Apple
Pay and Mada Pay
Add
your travel card to your Apple Pay or mada Pay digital wallet and enjoy a fast
and secure method of payment inside and outside the Kingdom (in stores and
online).
Global
Acceptance
Enjoy
the flexibility and ease of using your card worldwide (accepted at more than 30
million points of sale).
Additional
Cards for Family Members
Issue
additional cards for your family members who love traveling and shopping, so
they can enjoy the same benefits as your card!
You
can request additional cards with a separate balance from your primary card, or
with a balance linked to it, as you choose.
Integrated
Digital Experience
Discover
the credit benefits of your travel card by activating the "Credit
Balance" feature through the banking app.
Saudi Investment Bank - Travel Card :
The 100-Currency Card ... for Travels and More, the multi-currency
Travel Card enables its holder to pay in 100 different currencies at best
exchange rates with ZERO exchange rate conversion! You can use the Travel Card
in two ways:
- Pre-Paid: You can use the card as a prepaid
card by transferring the money from your current account to your travel
card balance.
- Credit Card: You can use the card as a credit
card, by applying for a credit limit through the bank’s Mobile Application
and using the limit to transfer money to your Travel Card.
One card to use in your travels or when shopping online to enjoy
faster and safer transactions.
You can issue additional cards for your family members.
Travel Card come with 5 Free Default Currencies:
- US Dollars - USD
- Great Britain Pound - GBP
- Euro - EUR
- Emirati Dirham - AED
- Saudi Riyal -SAR
Minimum Salary
The card is available to all Saudi Investment Bank customers who have accounts with the bank.
Interest Rate
2.49%
Annual Fees
75 SAR
Salary Transfer
Yes
Minimum Due (Minimum Balance Required)
5% or 100 riyals (whichever is higher)
Benefits:
·
Travel and Lifestyle
Benefits
Secure
Online Shopping: All transactions made using your card are supported by a
secure system (Verified by Visa).
Extra
Warranty: Extra Warranty doubles the manufacturer's warranty for up to one
year.
Purchase
Protection: Shop with peace of mind. With Purchase Protection, your purchases
are protected against loss, accidental damage, or theft.
·
Financial Benefits and
Security Features
Entertainment:
Enjoy exciting experiences with The Entertainer! Download the "Experience
with the ENTERTAINER" app for smart devices and register with your travel
card to enjoy exclusive 2-in-1 dining and event offers, as well as over 5,000
travel offers.
Airport
Meet & Greet: Enjoy discounts of up to 20% off the retail price at over 450
destinations worldwide.
Cardholders
can book here, and the discount will be activated immediately. Services must be
booked at least 72 hours prior to travel.
Visa
Luxury Hotel Collection: Visa Luxury Hotel Collection includes over 900 luxury
hotels worldwide, offering a range of exclusive benefits designed to provide an
unparalleled experience.
Offers:
Best
Available Rate
Direct
room upgrade upon arrival
Complimentary
daily breakfast
VIP
guest status
Check-out
by 3 PM (upon request)
To
avail the offer.
Subject
to availability.
AccorHotels
Offers: Enjoy up to 33% off your bookings at over 350 AccorHotels hotels in the
Middle East, Africa, India, and Turkey.
Jumeirah
Offers: Enjoy a 25% discount when you book a suite or villa and pay with your
travel card:
25%
off the best available rate
Daily
breakfast
Unlimited
access to Wild Wadi Waterpark at select hotels
Access
to the private beach and kids' club
Avis
car rental offers
Up
to 35% off standard rates
Up
to 30% off retail rates
Insurance
and assistance benefits
International
medical consultation: With the travel card, travel the world with peace of
mind:
Telephone
medical consultation
Referral
to a healthcare provider
Health
monitoring before and after hospital treatment
Delivery
of essential medications and equipment.
Great For
Fees
General Fees (Whether the credit balance is active or not)
Issuance Fee: 100
Renewal Fee: 75
Replacement Card Fee: 50
Dispute Fee: 50
Cash Withdrawal Fee: The equivalent of $6
Card Transfer Fee: No transfer fee
Foreign Currency Transaction Fees Not Available on the
Card: 2%
Transaction Fees for currencies available on the card and
insufficient funds in the wallet to be debited: 1%
Special Fees (If the credit balance is active)
Profit Margin (Tawaruq): 2.49%
Late Payment Fees: 100
Dispute Fees (Rejected Objections): 50
Foreign Currency Transaction Fees Not Available on the
Card: 2.75%
Minimum Payment: 5% or 100 (whichever is higher)