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.
Our MasterCard Standard Credit Card offers you peace of mind and gives you the flexibility to pay as little as 5% of your outstanding balance no matter how much you spend
Enjoy the flexibility and convenience of using your card at more than 30 million merchants worldwide
Free supplementary cards for all your family members
MasterCard Standard Credit Card allows you to get free additional cards for all your family members without the need for a separate account, which helps facilitate and monitor your family’s spending. Supplementary cardholders will enjoy the same features as the primary cardholder
Easy Payment Plan- 0% profit rate
You can avail of Easy Payment Plan program it is designed for SAIB credit cards offering cardholders to make large purchases and convert them to easy and equal monthly payments up to 12 months at selected partners. For details, please click here.
Enjoy instant cash withdrawal up to 30% of your credit limit from any ATM worldwide
SADAD utility bill payment
For more convenience and flexibility, you can pay all your SADAD utility bills using any SAIB credit card
20% Off 3 Careem Rides Monthly
When you travel across countries in the Middle East.
How to avail? Enter the promo code MASTERCARD when booking your ride.
Avail of “Aseel” program discounts
You can avail of “Aseel” program discounts at prestigious merchants from dining to shopping, travel to entertainment and much more. For details, please click here.
WooW points for every transaction
WooW loyalty program will offer you points on all transactions done using SAIB cards, which can be redeemed with attractive airline miles, vouchers, gifts, and many more. For more information, please click here.
Chip-and-PIN card safety feature
The card is secured with a Chip-and-PIN safety feature giving more comfort to the cardholder during financial transactions
Online access to view your card account
SAIB offers you innovative online banking solutions to save you time and effort, and help you carry out your banking transactions anywhere and around the clock without having to visit the branch
SMS notification for each transaction
Get additional security with free SMS alerts for every transaction made on your card to provide you with more comfort, security and protection
A replacement card wherever you are
There is no need to worry in case you lost your card during your travel. You can now request an emergency replacement card to be mailed to you wherever you are around the world in a shortened period of time. Simply, call 800 124 8000 (if within the Kingdom), or +966 11 418 3100 (if overseas)
Customer service around the clock
- 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
Note: The Bank reserves the right to accept or reject an application based on the policy in place at the time of the request
- 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 potential supplementary cardholder
- Valid commercial registration for self-employed along with 12-month bank statement
Fees for MasterCard Standard Credit Card from The Saudi Investment Bank
|Annual Fees||SAR 200|
|Supplementary Card Fees||Free|
|Tawarruq Profit Rate||2.49%|
|Card Replacement Fees||SAR 100|
|Late Payment Fees||SAR 100|
|Cash Advance Fees||SAR 75|
|PIN Mailer Re-issuance Fees||SAR 40|
|Dispute Fees (False Disputes)||SAR 50|
|Additional Statement Fees||SAR 40|
|Foreign Currency Mark-up||2.75%|
|Minimum Payment Due||5% or SAR 100 (Whichever is higher)|
|An example of information that will be obtained when applying for a product|
|Profit margin %||2.49|
|Minimum payment amount %||5|
|The period required to pay the full balance (Years)||7|
*The Annual Percentage Rate (APR) may differ based on the amount and maturity period.
How long does it take to receive my SAIB credit card?
Maximum of 7 business days from the approval date.
How do I know the status of my credit card application?
To check the status of your application, please call 800 124 8000 (if within the Kingdom), or +966 11 418 3100 (if overseas).
Will I receive my credit card and the PIN together?
For your security, you will first receive the card separately, and then you will receive the PIN after.
How can I activate my credit card?
You can activate your card through our Internet Banking “Flexx Click”, the Mobile Application “Flexx Touch”, or by calling 800 124 8000 (if within the Kingdom), or +966 11 418 3100 (if overseas).
What happens if I lose my card or if my card is stolen and how can I request a replacement card?
In case of loss or theft of your card, immediately call 800 124 8000 (if within the Kingdom), or +966 11 418 3100 (if overseas) to block your card and request a replacement card to be sent to you within 5-7 business days. You will also receive a new PIN for the new card. Your credit card will be inactive until you activate it again.
If my credit card expires this month, how can I get a new card?
We will send you a renewed credit card at least 2-4 weeks before the expiry date. If you do not receive a new credit card during that period, please call 800 124 8000 (if within the Kingdom), or +966 11 418 3100 (if overseas).
Are my online transactions secured?
All transactions done online using SAIB MasterCard are supported by MasterCard SecureCode security feature.
Can I set a credit limit for the supplementary cards that I have?
Yes, you can set any limit you want (within the primary card limit) by calling 800 124 8000 (if within the Kingdom), or +966 11 418 3100 (if overseas) or visiting any of SAIB branches.
What are the available channels to pay my outstanding balance on the credit card?
You can pay through the following convenient channels:
- SAIB Branches
- SAIB ATMs
- E-channels: Flexx Click or Flexx Touch
- Direct debit from your SAIB account
- Phone Banking Flexx Call
How can I know the WooW points earned using my card?
You can use WooW calculator to know more about the points earned by choosing the type of transaction, and the number of points earned will appears. click here to use the calculator.