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0% Qasset

Riyad Bank 0% Qasset Program allows you to convert your purchase into a choice of smart payment plans in monthly installments for retail purchases made using your credit card locally or internationally.

  • Fixed monthly installments 
  • Unlimited installment plans
  • Shari'a compliant
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More Information

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The clinics

Min. of SAR 1000

Valid until  04-01-2024
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Magrabi

Min. of SAR 1000

Valid until 15-12-2023
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Midas

Min. of SAR 500

Valid until 10-12-2023
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Almutlaq

Min. of SAR 1000

Valid until 31-12-2023
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CityW

Min. of SAR 1000

Valid until 31-12-2023
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Roomz

Min. of SAR 1000

Valid until 31-12-2023
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Alarbash Jewelry

Min. of SAR 500

Valid until 12-12-2023
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Abdulwahed

Min. of SAR 500

Valid until 15-11-2023
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Amazon

Min. of SAR 500

Valid until 01-11-2023
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Alhayat Health Medical Company

Min. of SAR 1000

Valid until 01-09-2023
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RAIS International Schools

Min. of SAR 1000

Valid until 11-06-2023
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Al Jazirah Vehicles

Min. of SAR 1000

Valid until 31-10-2023
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Extra

Min. of SAR 3499

Valid until 31-12-2023
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New Horizons

Min. of SAR 1000

Valid until 11-06-2023
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Lulu hypermarkets

Min. of SAR 1000

Valid until 01-06-2023
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RAIS Private Schools

Min. of SAR 1000

Valid until 11-06-2023
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Alkhaleej English Training Centers

Min. of SAR 1000

Valid until 11-06-2023
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RAIS Baraem International Schools

Min. of SAR 1000

Valid until 11-06-2023
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Formul’A

Min. of SAR 1000

Valid until 11-06-2023
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VOG Salon

Min. of SAR 1000

Valid until 11-06-2023
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Al Khaleej Training and Education

Min. of SAR 1000

Valid until 11-06-2023
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Jarir Bookstore

Min. of SAR 1200

Valid until 10-06-2023
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STC

Min. of SAR 1000
Valid until 25-05-2023
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Spectrum

Min. of SAR 1000

Valid until 11-06-2023
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Febal Casa

Min. of SAR 1000

Valid until 05-08-2024
    0% Qasset Program makes it easy to buy anything you desire without thinking twice about the immediate payments, where you can choose one of the five payment plans:
    • 3 months
    • 6 months
    • 12 months
    • 18 months 
    • 24 months

    The table below illustrates how 0% Qasset Program works for a transaction of SAR 6,000:
    INSTALLMENT PLAN TERM
    PROFIT RATE (PER MONTH)
    MONTHLY INSTALLMENT
    3 months
    0.50%
    2,020.03
    6 months
    0.75%
    1,026.41
    12 months
    1.00%
    533.09
    18 months    
    1.75%
    391.46
    24 months
    2.00%
    317.22
    • Minimum age is 18 years 
    • 0% Qasset Program applies to transactions made on your primary or supplementary credit card
    • Purchases can be made locally or internationally using your credit card
    • You have the option to choose from the five payment plans
    • A fee of SAR 50 will be charged for each installment transaction
    • No limit on the number of installment plans allowed within your available credit limit
    1. Use your Credit Card to make a purchase of at least SAR 1,000

    2. Call Riyad Bank’s Customer Service at 8001242225 and request to convert your transaction to 0% Qasset Program with a payment plan of your choice

    3. Pay only the monthly installment for the plan selected. The value of each monthly installment will be reflected in the monthly statement.

    Frequently Asked Questions

    How many transactions can I move to Qasset Program?
    Is there a minimum amount that can be moved to the Riyad Bank Qasset Program?
    Do I need to apply for a new Credit Card to use the Riyad Bank Qasset Program?
    How many payment plans are available on the Riyad Bank Qasset Program?
    Is Qasset Program limited for specific purchases?
    How to benefit from Qasset Program?
    How does the Qasset Program work?
    What is the Riyad Bank Qasset Program?
    How is the calculation done for the Riyad Bank’s Qasset Program?

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