Back to School Offer

Back to School Offer

Back to School Offer

School fees and supplies exceed SAR 1,000?

Pay in 0% profit rate installments with our credit cards at schools, stationary stores, electronics stores, and bookstores with our Easy Payment Plan.

* Offer is valid until 28 February 2022

 

* Terms and Conditions apply

 

Terms and Conditions:

  1. All SAIB Credit Cards are eligible for the Easy Payment Plan (Back to School) Offer
  2. Transactions conducted using any SAIB Credit Card on (School/Education Fee Merchant) category as defined by VISA will qualify for this promotion
  3. All School/Education fees and purchases paid until 28 February 2022 will be eligible for the promotion
  4. Minimum transaction of SAR 1,000 is required to convert the transaction into installments in the school fees offer
  5. Delinquent or blocked credit card customers during the promotion period will not be eligible for this offer
  6. Transaction must be converted no later than 20 days from the respective date of the transaction by submitting a request through the Phone Banking and before the transaction is billed (cycled) in the monthly statement
  7. SAIB is not responsible for a transaction that does not get captured under the appropriate merchant category code nor accepts any responsibility for refusal of acceptance of the covered card for any reason whatsoever
  8. Any disputes in regards with the promotion rewards should be raised within 6 months from the campaign end date
  9. Transactions can be converted into Easy Payment Plan installments for 3, 6, or 12 months
  10. The Bank has the right to reject a customer’s request without justification
  11. Maximum transaction amount is capped at 90% of the credit limit regardless of the number of transactions done for EPP
  12. One-time processing fee depending on the chosen plan:
    • 3 months: SAR 50
    • 6 months: SAR 100
    • 12 months: SAR 200
  13. Other SAIB Credit Card Terms and Conditions apply