| Minimum Balance Required | Annual Return | Features | |
|---|---|---|---|
SABB - Al Ruwaad Account
|
Minimum Balance Required: SAR 30,000 | Annual Return: 0% | Features: Free Cheque Book, Bank Statement, Free Monthly Statements |
There’s more rewards from having a Al Ruwaad Bank Account. Don’t delay, and apply for a Al Ruwaad Bank account today to start benefiting from the benefits below:
- Get a free SAB Titanium MasterCard Credit Card with no annual fees for the first year and access to SAB's leading ICSAB+ loyalty programme.
- Access attractive special offers and promotions with SAB retail partners exclusively for Al Ruwaad customers.
- Free automated priority branch service with the specially designed Al Ruwaad ATM card.
- Free Supplementary Credit Cards for family.
- Free account statement.
- Access to Wealth Management services in conjunction with our partner, Alawwal Invest.
- 24 hours access to SAB Mobile, SAB Phone (Customer Service Centre) and SAB Online (Internet Banking).
- Free cheque book.
- Special discount on safe deposit lockers.
** 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.
