| Minimum Salary | Salary Transfer | Islamic Finance | Cashback | Annual Fee | Rate | |
|---|---|---|---|---|---|---|
Nayifat - Classic- Low Limit card
|
Minimum Salary: SAR 0 | Salary Transfer: No | Islamic Finance: Yes | Cashback: No | Annual Fee: SAR 60 | Rate: 2.99% |
Choose the Nayifat Visa Classic card (low credit limit) for convenience, reliability and global acceptance. You can charge it anytime and use it anywhere, providing you with great ability to control your expenses and subscriptions.
Features
- Credit Limit 10 SAR.
- EMV Chip and PIN Secured.
- Safer Substitute to Cash.
- Monthly Secured E-statement.
- Contactless Cards.
- Secure Online Shopping (3D secure).
- SMS, E-MAIL notification of transactions.
- Worldwide recognition.
- Sharia Compliance.
- ATM Balance Enquiry.
- On Time SADAD Payment.
- No late Payment Fee.
- Hassle Free Card replacement (In case of lost or stolen).
** 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.
