A card reserved for those who seek a world of privileges and special attention to enjoy the luxuries of life and comfort. Visa Platinum 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, Visa Platinum Credit Card from The Saudi Investment Bank is your ideal solution.
Features
Full Digital Experience
Start enjoying the benefits of your SAIB Credit Card by activating it via “Flexx Touch” mobile application.
Contactless Payment Service
Pay your purchases safely and easily by swiping your card on POS devices with Contactless Payment Service.
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.
For details, please click here
Travel and Lifestyle Benefit
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 Visa Platinum 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 Visa Platinum 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 Visa Platinum 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 Visa Platinum credit card, and enjoy up to 4 months for free for the first year!
- Subscribe from here with your Visa Platinum 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 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
DragonPass
- 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
Product Risks
To view the risks of Credit Cards, click here
How to Apply
A step by step guide on how to request a Credit Card
- Log into your account via the app
- From the main list, choose “Cards” > “SAIB Credit Cards” > “Credit Card Request”
- Pick the card you want
- Fill in the form request
- Read then accept the terms and conditions
Your request has been fulfilled successfully!
How to Activate
How to activate?
- Log in to your account
- From (Cards), choose (SAIB Credit Cards)
- Choose the card
- Click on the card to view the services
- Choose the required service (Activate Card)
Your request has been fulfilled successfully!
Requirements
Eligibility Criteria
- 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
Documents required
- Filled and signed Credit Card Application form
- A valid National ID for Saudis and 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
For more information please call our toll free number at 800 124 8000.
Fees and minimum payment requirement
| Annual Fees | Free |
| 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) |
TERMS & CONDITIONS
To check our terms and conditions click here
Calculator
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.
Example
| Card Type | Visa Platinum Credit Card |
| Credit Limit | 10,000 |
| Used Amount by customer | 7,000 |
| Tawarruq | 2.49% |
| Annual Fee | 0 SAR |
| Minimum Payment Due | 5% |
| (APR) Annual Percentage Rate | 34.33% |
| Period to pay total outstanding | 75 months |
*Cards issued before 15 December 2019 are subject to annual fees based on product terms and conditions upon issuance
**Above example is according to product terms and conditions as of 16 March 2023
FAQs
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 8001248000 (if within the Kingdom), or +966114183100 (if overseas).
How can I know the new credit card’s PIN?
You can view the PIN from your account via the Internet Banking or Mobile Application
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).
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 are the airports lounges that Visa Platinum Credit Cardholders can access for free?
To know more about the airport lounges subscribed to the program, please visit: https://ksalounges.dragonpassuk.com
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 any SAIB card are supported by 3D Secure (verified by visa) 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.
How can I benefit from the Meet and Assist Service at international airports?
You can fast track your clearance through customers and immigration at over 380 airports around the world. For more information, please visit: https://cemea.yqnowgroup.com
