Enjoy access to 25 luxurious airport lounges with Visa Airport Companion App.
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.
Rewards & Benefits
Access to 25 premium airport
lounges worldwide
Up to 15% on retail rates
at 450+ global destinations
Up to 4 months free
of Anghami
Up to 25% off stays at
selected Jumeirah properties
Global Airport Lounge Access
Registration for the app is required to activate the lounge benefit for your Visa 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.
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)
VLHC includes over 900 intriguing and prestigious properties, providing a premium collection of benefits specially designed to offer an unparalleled experience.
Offers:
- 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
Click here for booking.
Key Information
Annual Fees
399
Minimum Payment Due
5% or 100 (Whichever is higher)
Supplementary Card Fees
Free
Tawarruq Profit Rate
2.49%
Cashback Calculator
Supermarket
Education
Dining
Fuel
Others
International
Cashback
00,000
Limit Calculator
Your Age
18 Years
Salary
Employer Sector
Customer Type
Monthly payments
00,000
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.
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.
| 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 |
| Total Monthly Spend ( ) | Cashback | |||||
|---|---|---|---|---|---|---|
| Saudi Arabia, Gulf Countries, European Union and United Kingdom | Other Countries | |||||
| Supermarkets | Education | Dining | Fuel | Others | ||
| 0- 2,999 | 0% | 0% | 0% | 0% | 0% | 1.50% |
| 3,000 - 9,999 | 3% | 3% | 3% | 3% | 0.5% | |
| 10,000 - 15,000 | 5% | 5% | 5% | 5% | 0.5% | |
| 15,000+ | 10% | 10% | 10% | 10% | 0.5% | |
| Max Cashback / Month ( ) | 100 | 200 | 200 | 100 | Unlimited | Unlimited |
Example
Detailed Example of Transactions (Across 3 Months)
| Example | First Month | Second Month | Third Month |
|---|---|---|---|
| Transaction Date | 15 January | 15 February | 15 March |
| Transaction Amount ( ) | 10,000 | 15,000 | 4,000 |
| Category | Supermarket | Education | Dining |
| Cashback (%) | 10% | 5% | 3% |
| Cashback Amount* ( ) | 500 | 1500 | 120 |
| Cashback amount credited to the card on Statement Date** ( ) | 100 | 200 | 120 |
| Category Cap ( ) | 100 | 200 | 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 1,000
- 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
- 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
To view the risks of Credit Cards, click here
For more information please call our toll free number at 800 124 8000.
To check our terms and conditions click here
| Annual Fees | 399 |
| Supplementary Card Fees | Free |
| Tawarruq Profit Rate | 2.49% |
| **Card Replacement Fees | 15 |
| **Late Payment Fees | 50 |
| **Cash Advance Fees | 3% of the transaction amount, with a maximum limit of 75 |
| PIN Mailer Re-issuance Fees | 40 |
| **Dispute Fees (False Disputes) | 25 |
| Additional Statement Fees | 40 |
| **Foreign Currency Mark-up | 2% |
| Minimum Payment Due | 5% or 100 (Whichever is higher) |
**The fees listed above will be effective starting 19 July 2025.
| 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
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.
The Cashback will not be deducted from your overall bill generated at the merchant establishment. However, it will reflect in the monthly statement.
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
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.
If there are any unsettled amounts on the card, they will be paid from the earned cashback balance. If there are not any due amounts at the time of crediting the cashback balance, the cashback amount will be credited to the card’s account balance.
Note: Only the Primary Cardholder can redeem the cashback amount.
No, there is no minimum spend to earn Cashback on international transactions. You can start earning Cashback right away. Just activate your Card and start using it. However, there is a minimum spend requirement of SAR 3,000 on the specified categories.
Cashback calculation is based on the Merchant’s classification by global standards as defined by VISA and MasterCard. You may not have earned cashback on certain transactions as the merchant may have been classified under a different category. The Saudi Investment Bank is not responsible for ensuring merchant classification.
The Cashback offer is applicable only on the retail transactions. Hence, the below transactions will not earn Cashback:
- Balance transfers
- Cash advance
- Dial-a-cheque (unless these are made towards education)
- All fees charged by the Bank
- Transactions reversed by the merchant
- SADAD bill payments
- Any other transaction determined by the Bank from time to time
In case a refund occurs for a previous transaction, the respective cashback will be deducted from the accrued cashback of the month in which the reversal is posted.