Riyad Bank   - Credit Card - Visa Platinum

Minimum Salary needed Not mentioned
Maximum amount available Not mentioned
Length of Loan Not mentioned
Profit Rate 1.95% per month (23.4% per annum)
Upfront Fees ( if any ) No
Eligibility Should be 18 years of age or older ; Should be salaried or self-employed; Should be compliant with Riyad Bank’s and SIMAH’s policies for issuance credit cards
Main Features Shari’a compliant; Purchase Protection; Free travel insurance; No annual fee for the first year; Access to VIP lounges at 600+ airports around the world; Purchase protection for items bought using the card; Cash advance of up to 50% of the credit limit; Special discounts from Riyad Bank partners & VISA; Credit Shield for outstanding balance in case of any unforeseen events (may God forbid)

Riyadh Bank

Riyadh Bank has a slot among Saudi Arabia’s premier and most accomplished financial institutions. The Bank is also a major financier of most of the key infrastructure projects undertaken in Saudi Arabia. All this is rooted in the fact that the bank has massive reservoirs of expertise and assets attained throughout many years.
The bank offers its varied clients a stable and wide-stretching network of more than 300 branches. Besides, it also runs 75 special ladies branches, 4 ladies sections in other branches and 19 self-service branches.
Riyadh bank’s services are interwoven with modern information technologies for the lone purpose of gratifying the financial needs of all its customers. It also runs a large ATM network of more than 2,500 terminals throughout Saudi Arabia.


Also known as the Gardens in Arabic, Riyadh is the capital and largest city in the Kingdom of Saudi Arabia. Sharing a similar platform with other strategic cities in Arabia such as Jeddah and Dammam, Riyadh has a ballooning population of 5.7 million people.
For the sake of properly co-ordinated administration, Riyadh is divided into 15 municipal districts. All of these administrative divisions are governed by the Municipality of Riyadh, all of it under the guardianship of its mayor.
When it comes to its present significance and socio-economic positioning in the Middle East, Riyadh has slowly attained this status after the 1940’s.This strategic rebirth is rooted in proactive and visionary governance.

Visa Platinum Credit Card

Our Visa Card is the only key you need to open all the doors of VIP privileges and experience as you travel or shop, inside or outside Arabia.

Features and privileges:

  •     Access VIP lounges at more than 600 airports around the world;
  •     Shariah compliant;
  •     Free travel insurance of up to USD 1,000,000 for tickets purchased using the Riyadh Bank Visa Platinum Credit Card;
  •     Cash advance of up to 50% of the credit limit
  •     Purchase protection;
  •     Exclusive discounts ;
  •     Credit shield;
  •     Total security;
  •     Free card/pin courier delivery service via FedEx
  •     Access Rewards Program;
  •     A 24-hour customer support center; and
  •     Nil annual fees for the first year.

Applicant eligibility and requirements:

  •     Should be 18 years of age or older;
  •     Should be salaried or self-employed; and
  •     Should be compliant with Riyadh Bank’s and SIMAH’s policies for issuance credit cards.