| Minimum Salary | Salary Transfer | Islamic Finance | Cashback | Annual Fee | Rate | |
|---|---|---|---|---|---|---|
meem - Visa Platinum Credit Card
|
Minimum Salary: SAR 5,000 | Salary Transfer: No | Islamic Finance: Yes | Cashback: Yes | Annual Fee: SAR 250 | Rate: 2% |
For those who value time and reliability, our Credit Card is carefully tailored to suit your lifestyle, with unique offers just a click away. meem Platinum Credit Card is more than just a card. More than just a Credit Card, the meem Platinum Credit Card is for those who value reliability. With no hidden fees, our Shariah Compliant Credit Card offers you the luxury of knowing your commitment upfront, without any surprises.
Features
- Shariah Compliant
- Instant credit and card issuance
- Lowest FX Rate in the Kingdom, our 1.3% conversionrate makes it the best companion for travel
- Up to 30% cash withdrawal from total available balance
- No salary transfer required
- Visa Platinum global benefits
Representative Example
If 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.
