Welcome to the world of MasterCard Standard Credit Card from The Saudi Investment Bank which enables you to make online or PoS purchases without the need to carry cash. MasterCard Standard Credit Card from The Saudi Investment Bank offers many exclusive services, convenience and a wide variety of offers designed to complement your lifestyle. Whether you are travelling, shopping, hosting dinner or even renovating your home, MasterCard Standard Credit Card from The Saudi Investment Bank is your ideal solution.
Features
- Shariah-compliant
- Globally accepted
- Free supplementary cards for all your family members
- Easy Payment Plan- 0% profit rate
- Instant cash
- SADAD utility bill payment
- WooW points for every transaction
- Chip-and-PIN card safety feature
- Online access to view your card account
- SMS notification for each transaction
- A replacement card wherever you are
- Customer service around the clock
Offers
- Avail of “Aseel” program discounts
Additional Information
Eligibility:- Customer’s age must range between 18-65 years
- Customer must have an account with SAIB
- Customer must be employed, self-employed, retired, or average balance accountholders
Required Documents:
- Filled and signed Credit Card Application form
- A valid National ID for Saudis or passport for Expatriates
- Salary certificate
- 3-month bank statement
- Copy of ID for a potential supplementary cardholder
- Valid commercial registration for self-employed along with a 12-month bank statement
** 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.