Platinum Credit Card
With The Lowest Profit Rate
Are you thinking of getting a fully Sharia compliant Credit Card having a high limit with a flexible repayment?
Al Al Rajhi Bank introduces the Platinum Credit Card based on Murabaha finance to offer you the ultimate flexibility and many unique features.
Murabaha Platinum credit card is based on giving you a fully Sharia compliant finance, and then deposit the funds in your card account to use it on purchases or cash withdrawals with the lowest profit rate on finance (1.99% per month).
Free Additional Cards For Your Immediate Family Members Give Them The Same Features And Benefits As Per Your Primary Card.
Earn 25,000 welcome mokafaa points when spending SAR 15,000 in the first 90 days from the card issuance date.
Exclusive Perks With “Kiwi Collection” The World’s Largest And Most Diverse And Curated Collection Of Luxury Hotels Including:
- Automatic Room Upgrade Upon Arrival, When Available.
- Complimentary Continental Breakfast Daily.
- $25 USD Food Or Beverage Credit.
mokafaa Program Allows You To Earn 3 Points Per SAR 1 Domestic Spend And 5 Points On International Spend With Your Card.
This will be applied as of February 10, 2023
- Redeem your mokafaa points at over 100 merchants using your mobile number directly.
- Convert your mokafaa points to flyer miles via Al Rajhi bank app.
- Transfer reward points to any alrajhi bank customer registered in the program.
- Donate and transfer reward points to one of the charitable societies listed in the program.
0% Tasaheal Program You Can Convert Your Transactions Into Equal And Flexible Monthly Installmentswith 0% Profit Margin And ZERO Processing Fee Through Program Partners
Enjoy The Flexibility Of Paying As Low As 5% Of Your Monthly Card Statement.
Instant Discounts, Enjoy a unique collection of offers and experiences across travel, dining, wellness and more with your Platinum Credit Card
Extended Warranty For Purchases Using Your Credit Card.
Purchase Protection Lost, Stolen Or Damaged Goods Purchased Using Credit Cards.
“Visa Checkout” The Easier Pay Online Service
Cash Withdrawal, Local & international cash withdrawal up to 30% of your credit limit.
Accepted at over 30 million local & international POS including 900,000 ATMS worldwide.
Near-field Communication (NFC), madaPay, mada Atheer and Apple Pay services, make your payments by simply waving or tapping your card on the POS terminal.
Instant Notifications, A free service that sends you a notification messages to stay on the top of your finances with ease and convenience.
3D Secure, More secure than cash, 3D secure uses a verification process, one time password for online shopping and EMV chip to protect your information.
Fees and Charges
|Schedule of Charges||Fee|
|Annual Primary Card||
Now Free for Life – Valid till 31 March 2023
|Supplementary Card||2 Free Cards|
|Annual Supplementary Cards (more than 3 Cards)||SAR 190|
|5% or SAR 100 whichever is higher||1.99%|
|Monthly Minimum Payment||5% or SAR 100 Whichever is higher|
|Additional fee on International Transactions||2.75%|
|Cash Withdrawal||SAR 75|
|Wrong Dispute Fee||SAR 50|
|Application of Purchase Voucher Copy||SAR 150|
You can apply easily through
You can also apply through the following channels
You can apply through alrajhi bank Online
We are here for your service give us a call
There is always a branch nearby
Example: Descriptive Examples showing the APR based on the credit limit
|Due Amount||SAR 75,000||SAR 100,000||SAR 150,000|
|Minimum Payment Amount %||5%||5%||5%|
|Months Until Balance Repaid*||140 Months||149 Months||162 Months|
* If the minimum payment amount made every month, it will take almost the months that appeared for each product in table to repay the full amount, keeping in view compounded interest added each month.
*APR may change based on the change in the financing amount and due date.