Apply for Prepaid Credit Card through Al Mubasher

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Apply for Prepaid Credit Card through Al Mubasher and have it delivered to your door

It’s is our pleasure to announce the launch of a new update to Al Mubasher for individuals. This service allows customers to apply for an affordable prepaid credit card (Tasawaq and Al Fursan) that can be delivered in no time to their specified location.

Application requirements are now easier:

Tasawaq Credit Cards

  • Link the credit card to the account of your choice
  • Choose the name that appears on the credit card

Al Fursan Credit Cards

  • Link the credit card to the account of your choice
  • Choose the name that appears on the credit card
  • Enter the Al Fursan membership number or email address to create a new membership

After filling the required, The credit card will then be directly delivered.

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Features

  • Sharia Complaint Financing.
  • Ministry of Housing/REDF support to cover the full/portion of profit.
  • Quick Financing Approval.
  • Home insurance.
  • Longer Financing Tenor up to 30 Years.
  • Higher Financing Eligibility up to SAR 5 Million.
  • Financing ratio of up to 90%
  • Exemption of heirs from paying the remaining installments in the event of death "God forbid”.
  • Annual Percentage Rate is 4.08% for Murabaha products.
  • Management fees equal to 1% of finance amount or SAR 5,000 whichever is less.

Terms & Conditions of Al Rajhi Bank will Apply

The bank is controlled and supervised by SAMA

Terms and Conditions

  • Shariah Compliant

    All of our programs are approved and monitored by Al Rajhi Bank's Shariah Board.

  • Borrowing Power

    The first step is to explore is the amount you can borrow. Typically, finance for an Investment Property is up to 5 times the annual income or rental of the property. If you use the additional annual to repay the loan, then you can borrow a larger amount.

  • Property Conditions

    Must be under 20 years old, fully constructed and have an independent title deed. The property should be located within an urban setting and be priced between SAR 1 million - 5 million.

How To Apply

  • Please visit your nearest Al Rajhi Bank branch
  • Call us at 8001241222
  • Apply Online
  • Terms and Conditions
  • For Saudi citizens only.
  • For government and private sectors which are approved by the bank.
  • Terms & Conditions of Al Rajhi Bank will Apply.

The bank is controlled and supervised by SAMA

FOR ENQUIRIES CALL:

+9668001241222
Frequently Asked Questions:
  • What happens if I want to sell the property before the financing is paid off?
    You would need to make an immediate repayment of the principle outstanding amount by way of early settlement and we would transfer the title in your name or to the person you requested.