| Minimum Salary | Salary Transfer | Islamic Finance | Cashback | Annual Fee | Rate | |
|---|---|---|---|---|---|---|
Samba - Panda AlKhair Credit Card
|
Minimum Salary: SAR 5,000 | Salary Transfer: No | Islamic Finance: Yes | Cashback: No | Annual Fee: SAR 350 | Rate: 2.75% |
Make everyday shopping more rewarding with the Samba Panda Alkhair Credit Card, the first Shariah-approved co-branded reward card for supermarkets and grocery retail outlets in the Kingdom. It combines all the world class features of a Samba Alkhair credit card, the best way to pay, plus special shopping rewards from Panda, the Kingdom's largest supermarket chain. Earn points every time you use it at Panda and HyperPanda stores or at any other shop anywhere in the world, redeemable for discounts and free shopping at Panda and HyperPanda stores.
Features
- Earn two (2) points for every SR.100 spent at Panda and HyperPanda stores or one (1) point for purchases anywhere else (1 Point = 1 Saudi Riyal).
- Accepted at most shops and ATMs in the kingdom and around the world.
- Flexible Payment Options
- You can withdraw instant cash within your cash advance limit from any Samba branch or ATM in Saudi Arabia and over most participating ATMs, banks, and financial institutions worldwide.
- Worldwide recognition
- Access to Airport Lounges
- Utility Bill Payment: First in the Kingdom!
- Get a cash advance or make any purchase on your Samba Credit Card and convert it into extended monthly installments.
- 0% Taqseet Program
- Get up to four supplementary cards for family members over 18 years old for free.
- Samba offers a convenient back-up card that works just like your primary card, but comes with a lower limit that you can set yourself
- Convenient Payment Methods
** Calculator Definitions
Amount:
The total amount of money borrowed, also referred to as the principal amount.
Rate (%):
This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years:
This is the original term or length of the product, stated in years.
Effective Monthly Payment:
This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%):
The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
