Preferred Bank Account

Receive dedicated service and a host of personalized products that enhance your wealth and lifestyle.

Preferred Banking Account

We know that finding the right bank for you is more than a financial equation. It’s about the relationship you expect and the personalized service you deserve. It’s about your bank showing that it understands you, and is committed to working with you – every day – to meet your financial needs and goals.

This is at the heart of Alawwal Preferred Banking, helping us to tailor a unique banking product just for you. The result is a more personal banking experience with a wide range of benefits to enhance your lifestyle.

Our Preferred Banking Account Promises

  • A dedicated Relationship Manager.
  • Designated lounges in branches.
  • Airport lounge access with LoungeKey.
  • Lower fees on transfers.
  • Better foreign exchange rates.
  • Automatic enrollment in our Tedallal Rewards Program.
  • A free Platinum debit card from MasterCard©.
  • Two free supplementary debit cards.
  • A free Platinum credit card from MasterCard©*.
  • Two free supplementary credit cards.
  • The option to open an additional account in USD, EUR or GBP.
  • A dedicated phone banking line.

*Subject to credit approval

Open or upgrade to a Preferred Banking account today!

Visit your nearest branch, or call 800 124 2525 for new customers or 800 124 3000 for existing customers.

A more enjoyable way to travel

We know that our Preferred Customers appreciate the finer things in life, so we offer complimentary access* to over 500 VIP airport lounges through the LoungeKey program.  

Your Alawwal Preferred debit card opens doors to executive lounges, irrespective of airline or ticket class, meaning your airport experience will be altogether more relaxing.

* You’re entitled to 20 free visits per year. Any additional visits will be charged at $32 per visit. For any accompanying guests, $32 will be charged directly to your payment card.

Here is some useful information about LoungeKey:

Minimum Requirements

  • A monthly salary of SR 35,000 or above
  • Or balance or 3-month average of SAR350,000 or above in total relationship value.
Frequently Asked Questions

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Alawwal Bank