Business Banking Credit Card (Nomwo)

The Riyad Bank Business Banking Credit Card helps prevent fraud and misuse with SMS notifications for each transaction on primary and additional cards.

• No annual fee for the first year
• Shari’a compliant
• 3D Secure login for safe online shopping
• Automatic enrolment into Hassad Rewards Program
• All business and corporate customers are eligible

Credit limits on additional cards are absorbed from the primary card holder’s credit limit.

New customers can apply through the nearest Riyad Bank Corporate Branch.

* Dynamic Transfer Commission (1.5%) only applies if the customer has chosen to pay in Saudi Riyals outside the Kingdom of Saudi Arabia. Example:

** The transfer commission from US Dollar to Saudi Riyal is applied by the merchant (Visa / MasterCard)

Example (1):

Total purchases before issuing the account statement is 100,000 riyals, and the minimum payment (5% or 200 riyals, whichever is higher) was paid:

Example (2):

Total purchases before issuing the account statement is 100,000 riyals, and total amount was paid before issuing the account statement:

Example (3):

Total purchases before issuing the account statement is 100,000 riyals, and % 50 of the used balance before issuing the Statement was paid: