For a limited time, enjoy international travel with your Debit and Credit Cards and receive up to 150 SAR cashback when you use your card from the Saudi Investment Bank for purchases made outside the Kingdom of Saudi Arabia.
Offer Period:
Offer is valid from 4 April until 10 May 2024.
Applicable Cards:
Credit Cards
Visa Infinite Privilege
Low Limit Cards
mada Debit Cards
* Terms and conditions apply.
Terms and Conditions:
- Offer is valid from 4 April at 12:00 am until 10 May at 11:59 pm Saudi Arabia time, or during the period determined by Visa at their sole discretion.
- Customers eligible for this offer are those who have received alert messages via SMS.
- Offer applies to international purchasing transactions made outside the Kingdom of Saudi Arabia during the specified offer period.
- To be eligible for cashback, customers must meet or exceed the minimum spending requirement specified for each offer. The cashback percentage varies based on the value of the spending, as indicated in the table below:
1st offer 2nd offer Cashback 2% 5% Minimum spend requirement 4000 SAR 7500 SAR Maximum cashback cap 300 SAR - Offer applies only to the Saudi Investment Bank cards included in the offer and mentioned above.
- Each eligible customer can avail this offer as per eligible card.
- Cashback amount will be credited to the customer's account no later than 20 June 2024, after the end of the offer period.
- Offer is valid until the end of the budget allocated for the campaign or until 10 May 2024, whichever occurs first.
- If the total rewards earned exceed the total campaign fund, beneficiaries will be determined on a first-come, first-served basis.
- Any potential complaints from eligible customers regarding the cashback amount will only be reviewed within 30 days after crediting the cashback. Any complaints submitted after that will not be considered.
- Exceptions: offer does not apply to transactions made by Debit Card in any GCC (Gulf Cooperation Council) country, except for the United Arab Emirates.
- SAIB reserves the right to amend / stop campaign offer at any point of time without prior notice. Such amendment /stopping will apply to new customers only who avail the offer post changes if any. However, not all customers who have already availed the offer will be impacted.
- The Saudi Investment Bank and Visa reserve the right, in their sole discretion, to disqualify any individual it finds to be misconducting, tampering with the offer process, or to be acting in violation of these terms and conditions.
- Offer is subject to the Saudi Central Bank regulations and laws (SAMA).
- Offer is subject to the Kingdom of Saudi Arabia’s regulations and laws.
