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

The table below is an example of how Easy Payment Plan (EPP) works based on a transaction of SAR 5,000 converted in to the EPP for 6, 12 and 24 month tenors

EPP Installment Calculation - SAR 5,000 Transaction