|Minimum Salary||Salary Transfer||Islamic Finance||Cashback||Annual Fee||Rate|
|Al Awwal Bank - Gold Credit Card||Minimum Salary: SAR 5,000||Salary Transfer: No||Islamic Finance: No||Cashback: No||Annual Fee: SAR 350||Rate: 2.67%|
The wide range of credit cards is designed to match your needs and lifestyle. Whether you want to pay for your purchases and collect rewards or get discounts, or you want to be treated with privileges when you travel, or you desire to receive exclusive personal services,
- Free of Annual Fee for the first year
- 0% profit for 3 months on balance transfer
- Option to pay your purchases in instalments over 3, 6, 12 up to 60 months
- Free supplementary cards for family members
- Secure online shopping
- Instant SMS notification
- Pay your bills with your credit card through SADAD
- Discounts and offers from selected partners
- No annual fee ever for our Priority, Preferred and Private Banking customers
- When you transfer your credit card balance from another bank to us
- Up to 30% of your credit card limit
- There is no miles offered on this card
- 0% for 3 months on balance transfer
- There is no cashback offered on this card
Representative ExampleIf you spend SAR 1,200 at a purchase interest rate of 18.9% (variable) your representative APR will be 18.9% (variable).
** 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.