As our valued Private Banking customer, you’ll be assigned one of our most experienced Senior Relationship Managers, who will take the time to truly understand your unique requirements. Bringing you Alawwal Bank’s full portfolio of award-winning products and services, they’ll work closely with you to grow your wealth, support you with sound financial advice, and take care of your diverse banking needs.
We take our relationships personally
Your dedicated Relationship Manager brings years of training and experience to serve your unique needs. They’re always ready to assist and save you time, executing your day-to-day banking from the comfort of your home or office. They’ll also help you to grow your wealth through an ever-evolving portfolio of innovative services, intelligent financial solutions and sound investments.
Rewards you can use
We feel lucky to have you, and want to reward you for putting your trust in us. Our Tedallal Rewards Program is our way of giving you something back. You’ll automatically be enrolled and begin collecting points straight away, which you can redeem at a wide range of your favorite shops and service providers across the Kingdom.
For more information on Tedallal, please ask your Relationship Manager.
- Local equity market
- GCC, MENA and international markets
- Fixed income
Our Alawwal Brokerage Services give you:
- State-of-the-art local equity trading systems that are stable, accessible, performance-based and easy to use.
- A wide range of online trading memberships from basic to intermediate and professional.
- A service that’s very accessible to you through iPhone, iPad, Android phones and Blackberry apps.
- A dedicated phone line at a Central Share Trading Unit for those who prefer to trade over the phone.
- Dealers at your service in selected Alawwal Bank branches.
- Customized margin trading solutions.
- Personalized service.
- Mutual funds in all markets
- Discretionary Portfolio Management (DPMs)
- Structured products
Our Alawwal Asset Management services gives you:
- Diversified funds.
- Professional management of your portfolio.
- Superior liquidity through quick redemption processes.
- Adaptability to your changing risk profile.
Investments in securities may not be suitable for all types of investors. If you have any questions, please ask your Wealth Manager. Alawwal Invest is a licensed company by Capital Market Authority with license number 07077-37.
Open the door VIP lounges worldwide
Whether for business or pleasure, we know you’re used to the highest standards of comfort and convenience when you travel. That’s why our Private Banking customers receive complimentary access* to over 500 VIP airport lounges through the LoungeKey program.
Your Alawwal Private Banking debit card allows you to enjoy executive lounges irrespective of airline or ticket class, making your airport experience more relaxing whenever you travel.
*You are entitled to 20 free visits per year
Here is some useful information about LoungeKey:
Frequently Asked Questions
- Visit https://www.loungekey.com/en/alawwalbank to find lounges at your chosen airports.
- To use the LoungeKey app on your smartphone or tablet, create a profile on the website. You’ll need to enter your card details to confirm eligibility.
- Download the app from the Android or Apple App store.
- Use your LoungeKey account login and password created online to personalize the app.
- The app can be used on or offline. It’s recommended that you update the lounge information when connected to Wi-Fi.
Ask for LoungeKey upon arrival; your Alawwal Private Banking Debit Card will be swiped to register your visit.
We give you the world
Our free* Alawwal World MasterCard is your passport to the very best of what life has to offer, with exclusive benefits and privileges wherever you are in the world.
* No annual fee for life for Private Banking customers
Benefits of our World MasterCard
- Complimentary access to airport lounges* around the world.
- Access to Hertz #1 Club Gold.
- Earn Tedallal Rewards points.
- Two free supplementary cards for family members over 18.
- Free travel insurance.
- Purchase protection and extended warranty.
- Card replacement, even when abroad.
For more information about the benefits of your Alawwal World MasterCard©, please ask your Relationship Manager or visit Alawwal Bank.
*Access over 500 airport lounges with LoungeKey.
Terms and Conditions apply. Annual Profit Rate (APR) is 15% for credit card against cash collateral, 27% for credit card with salary assignment, and 33% for credit card without salary assignment or for credit card with salary assignment less than SR 5,000. All fees & service charges are available on our website and in our branches. The products advertised are not suitable for customers below 18 years of age.
Additional exclusive benefits of Alawwal Private Banking
- Exclusive Private Banking center.
- Low-cost safety deposit lockers.
- Low transaction charges.
- Preferential foreign exchange rates.
- Optional USD/EUR/GBP accounts.
- Complementary personalized checkbook.
- Dedicated Phone Banking services line.
- Free Platinum debit card from MasterCard, with up to two free supplementary cards for your family.
Open a Private Banking account today!
Visit your nearest Alawwal Bank branch, or call 800 124 2525 for new customers.