1. Personal Banking
2. Credit Cards
3. Buying on Installments

Buying on Installments

Now, when you use your credit card for purchases of SR 1,000 and above, you can simply pay them in equal installments* over 3, 6, 12, and up to 60 months at a profit rate of 1% per month at all merchants.

Key features

• Use up to 90% of the credit card limit in installments**
• Valid for all purchases including cash withdrawals
• Valid for credit cards only (not applicable for charge or corporate cards, for which the full outstanding amount is payable every month)

* Annual Profit Rate (APR) is 12%
** Maximum of 7 active installments at a time