|Minimum Salary||Salary Transfer||Islamic Finance||Cashback||Annual Fee||Rate|
|Nayifat - Gold Credit card||Minimum Salary: SAR 4,000||Salary Transfer: No||Islamic Finance: Yes||Cashback: No||Annual Fee: SAR 350||Rate: 2.99%|
The Nayifat Visa Gold Cards provide a high credit limit and enhance your purchasing power through higher spending limits and global acceptance. It has the latest safe shopping features and is accepted around the world, whether for traditional or online commerce.
- Max Credit Limit 50,000 SAR.
- No annual fee if customers use 50% of the limit and pay minimum dues on time.
- Free First Supplementary Card.
- Worldwide recognition.
- Sharia Compliance.
- 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.
- Flexible payment terms.
- On Time SADAD Payment.
- Hassle Free Card replacement (In case of lost or stolen).
- Special Discount Offers.
** 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.