Buying on Installments

Buy now, pay later. Spread payments for your credit card purchases over a period of 6, 12 and 24 months at the rate of 0%

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 of 6, 12, and 24 months at a percentage rate of 0% per month at all merchants.

Key features

  • Use up to 95% of the credit card limit in installments
  • Valid for all purchases
  • Valid for credit cards only (not applicable for charge or corporate cards, for which the full outstanding amount is payable every month)
  • Approved by Shariah Board for Shariah Compliant Credit cards


The following table highlights the minimum and maximum transaction amount for respective term/tenure

Repayment Term (Month)6
12
24
Minimum Transaction Amount (SAR)
1,000
2,000
5,000
Maximum Transaction
Amount (SAR) UP to a maximum of available Credit Limit

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Alawwal Bank