Saudi Investment Bank  - Credit card Visa

 

Minimum Salary needed Not mentioned
Maximum amount available Not mentioned
Length of Loan Life Time
Profit Rate Not mentioned
Upfront Fees ( if any ) Not mentioned
Eligibility Not mentioned
Main Features SAIB Credit Cards were designed to be compatible with Sharia compliance by applying Tawarruq principle; Purchase Protection; Free Lounge Access; Rewards Program from SAIB; Get 0.25% cash back on every transaction at the end of each year with your SAIB Credit Cards;

Saudi Investment Bank

The Saudi Investment Bank (SAIB) is a Saudi Arabian joint stock company set up by Royal Decree in the year 1976 and it began operations in the year 1977.
Being a publicly listed company, its shareholders are:

  •     J. P. Morgan Chase;
  •     Mizuho Corporate Bank (formerly known as  The Industrial Bank of Japan);
  •     The Saudi Public;
  •     Private institutions; and
  •     Individual Saudi Arabians.

The bank also dispenses tailored and Shariah-compliant wholesale, retail and commercial banking services. To be particular, the bank makes arrangements for financing of quasi-government and private industrial sectors and trade finance solutions with the aim of facilitating imports and boosting Saudi exports.
SAIB has also set up successful joint-ventures and subsidiaries to cater for Investment Banking and Share Trading, Asset Management, Leasing, Mortgages, Insurance and Credit Cards.

Riyadh

Riyadh is one of the largest and principal cities in the MENA region. Besides, it is the capital and largest city of the Kingdom in Saudi Arabia. The same way other large and densely populated Arabian cities such as Jeddah and Dammam are, Riyadh has a surging population exceeding 5.7 million.
To ease public governance, the city is divided into 15 municipal districts that are managed by Riyadh Municipality, under the leadership of the city’s mayor.
The current state of significance Riyadh currently enjoys and commands in the MENA zone is not something she was “born with”. It is only after the turn of the 1940’s that the city awoke to the realization of its full potential and significance.

Credit Card- Visa

Our versatile Visa card is designed with your convenience and needs in mind. That is why we have customized it in three different “flavors” for you to choose what best suites your lifestyle .You can choose from: Silver Card, Gold Card and Platinum Card.

Features and benefits:

  •     Enjoy  prestige Privileges of SAIB Credit Card;
  •     More savings;
  •     Privilege of Tawarruq principle from The Saudi Investment Bank;
  •     Purchase Protection on your treasured  items;
  •     Free Lounge Access;
  •     Verification of User ID;
  •     SAIB Mobile SMS;
  •     Rewards Program from SAIB ;
  •     Cash-back Program;
  •     WOOW Rewards
  •     Absolute convenience; and
  •     Dedicated call centre for all SAIB cardholders.