Platinum Cashback Credit Card

Platinum Cashback Credit Card

Platinum Cashback Credit Card

Cashback on all your transactions!

SAIB Platinum Cashback Credit Card is a financial revolution in the Saudi Credit Card market. The Bank has maximized the card’s exceptional offers. You can now enjoy cashback on your day to day spends up to 10% on each transaction you make with your SAIB Platinum Cashback Credit Card. 

Get your card now from our mobile App.





Cashback on Transactions

Enjoy up to 10% cashback on everyday spends.

Full Digital Experience

Start enjoying the benefits of your SAIB Credit Card by requesting and activating it via “Flexx Touch” mobile application.

Digital Wallets

Add your SAIB cards to your digital wallet at Apple Pay or mada Pay to enjoy a secured and fast payments inside and outside the Kingdom (in stores and online).

Supplementary Cards

You can get up to 5 free supplementary credit cards for your family members. The supplementary cards will offer all of the primary card benefits and with credit limit assigned by the primary cardholder, for more,click here

Financial and Security Benefits


Easy Payment Plan - 0% Profit Rate

Buy now and pay later with SAIB Easy Payment Plan program! It is designed to enable credit cardholders of making large purchases and converting them to easy and equal monthly payments in 3, 6, 9, or 12 months at selected partners with 0% profit rate (either by shopping online or at showrooms and stores).

For details, please click here.

Purchase Protection*

Shop with ease of mind. With Purchase Protection, your purchases are insured in case of loss, accidental damage or theft. 

For details, please click here.

Extended Warranty*

Extended warranty doubles the warranty period offered by the merchant for up to 1 year.

Terms and Conditions:

  • Full payment of purchased items must be made with your Platinum Cashback Credit Card
  • New item purchases only
  • Proof of full payment with Platinum Cashback Credit Card is required

For details, please click here

Travel and Lifestyle Benefits

Global Airport Lounge Access

  • Enjoy access to 25 luxurious airport lounges through DragonPass membership
  • No registration is required to activate the lounge benefit for your Platinum Cashback Credit Card

For details, click here.

Meet and Assist Service at Airports*

  • Enjoy discounts of up to 15% off retail rates at over 450 destinations globally by booking with your Platinum Cashback Credit Card
  • Cardholders can book from here and the discount will be applied directly
  • Services must be booked at least 72 hours prior to commencement of travel
  • Offer not to be used in conjunction with other promotions
  • Cardholders can also book other services such as limo transfer, visa on arrival, baggage porters, etc.

The Entertainer

Incredible experiences await you with The Entertainer! Download "Xperience with the ENTERTAINER" mobile application and register using your Platinum Cashback Credit Card to treat yourself to exclusive 2-for-1 deals on food and entertainment in addition to over 5,000 travel discounts.

For details, click here.

4 Months FREE with Anghami

  • Subscribe to Anghami Plus with your Platinum Cashback Credit Card, and enjoy up to 4 months for free for the first year!
  • Subscribe from here with your Platinum Cashback Credit Card, and get one month free for every 2-month subscription. offer

Enjoy an instant discount up to 6% and up to 8% on valid till 31 December 2024
To book with up to 6%
To book with up to 8% discount:


  • Enjoy special offers at over 200 airport restaurants globally. Please download the app "Dine & Travel Companion" and register in order to view the offers and the DragonPass Terms and Conditions

Jumeirah Offers

Up to 25% off stays at the following Jumeirah properties:

  • Madinat Jumeirah
  • Jumeirah Royal Saray
  • Jumeirah Messilah Beach Hotel
  • Jumeirah Port Soller Hotel & Spa
  • Jumeirah Frankfurt
  • Grosvenor House Suites by Jumeirah Living
  • Jumeirah Lowndes Hotel
  • Capri Palace Jumeirah

For details, please click here.

Visa Luxury Hotels Collection

VLHC includes over 900 intriguing and prestigious properties, providing a premium collection of benefits specially designed to offer an unparalleled experience.


  • Best available rate
  • Automatic Room Upgrade upon arrival
  • Complimentary in-room Wi-Fi
  • Complimentary breakfast daily
  • $25 USD food or beverage credit
  • VIP guest status
  • 3PM check out (upon request)
  • Book must be made from here

Product Risks

To view the risks of Credit Cards, click here


Eligibility Criteria

  • Customer’s age must range between 18-65 years
  • Customer must be an employee with one of the Bank’s approved list of employers, a business owner, a retiree, or of an average balance account

For more information please call our toll free number at 800 124 8000.

Required Documents

  • Filled and signed Credit Card Application form
  • Valid national ID for Saudis and valid passport for expatriates
  • Salary certificate
  • Account statement for the last 3 months
  • Copy of ID for potential supplementary cardholder
  • Valid commercial registration for business owners along with an account statement for the last 12 months

Fees and minimum payment requirement

Annual Fees (First Year) Free
Annual Fees (Second year onward) SAR 399 
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)


Cashback Credit Date

Transaction Date Cashback Credit Date / Statement Date
January 4 March
February 4 April
March 4 May
April 4 June
May 4 July
June 4 August
July 4 September
August 4 October
September 4 November
October 4 December
November 4 January
December 4 February


Cashback rewarding details

Total Monthly Spend (SAR) Cashback
Saudi Arabia, Gulf Countries, European Union and United Kingdom Other Countries
Supermarkets Education Dining Fuel Others
SAR 0- 2,999 0% 0% 0% 0% 0% 1.50%
SAR 3,000 - 9,999 3% 3% 3% 3% 0.5%
SAR 10,000 - 15,000 5% 5% 5% 5% 0.5%
SAR 15,000+ 10% 10% 10% 10% 0.5%
Max Cashback / Month (SAR) 100 200 200 100 Unlimited Unlimited



Detailed Example of Transactions (Across 3 Months)

Example First Month Second Month Third Month
Transaction Date 15 January 15 February 15 March
Transaction Amount (SAR) SAR 10,000 SAR 15,000 SAR 4,000
Category Supermarket Education Dining
Cashback (%) 10% 5% 3%
Cashback Amount* (SAR) SAR 500 SAR 1500 SAR 120
Cashback amount credited to the card on Statement Date** (SAR) SAR 100 SAR 200 SAR 120
Category Cap (SAR) SAR 100 SAR 200 SAR 200
Statement Date 4 February 4 March 4 April
Cashback Credit Date 4 March 4 April 4 May

* Cashback cap applies if cashback amount earned is higher than cap

** Maximum cashback per month is SAR 1,000

Cashback Calculator

The Cashback Calculator will help you calculate the estimated cashback you can get for making a transaction using your SAIB Platinum Cashback Credit Card.


Limit Calculator

The calculator provides estimates only and shall not be considered as an approval for the card limit.
Your Age
18 Years
Your Salary
Employer Sector
Customer Type
Please note that these are simulated amounts representing approximate numbers only, without taking into account your monthly obligations and credit bureau results.
For exact figures, please contact Flexx Call contact center at 800-124-8000

or visit the nearest SAIB Branches.
All credit cards are subject to credit approval.


Card Type Visa Platinum Cashback
Credit Limit 10,000
Used Amount by customer 10,000
Tawarruq 2.49%
Annual Fee 399 SAR
Minimum Payment Due 5%
(APR) Annual Percentage Rate 45.41%
Period to pay total outstanding 75 months

**Above example is according to product terms and conditions as of 16 March 2023


What is SAIB Platinum Cashback Credit Card?

SAIB Platinum Cashback Credit Card is a financial revolution in the Saudi Arabian Credit Card market. This card gives you the maximum cashback and exceptional offers on your day to day spends.

Does this mean that I will get a discount from the merchant on my purchase?

The Cashback will not be deducted from your overall bill generated at the merchant establishment. However, it will reflect in the monthly statement.

What are the card’s main features?

The card provides you many features, including:

  • Cashback on the following categories:
    • Supermarkets & Hypermarkets
    • Education
    • Fuel
    • Dining
    • International Transactions
    • Others
  • Complimentary access to 20 VIP lounges around the world
  • Exclusive offers and discounts available in KSA and the UAE

For more benefits, please click here

What can I use the Cashback for?

You are free to choose how to use your Cashback amount. Cashback redeemed will reflect as a credit balance and can be used to make further purchases

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