Product Comparison
Riyad Bank App
Product Comparison
Salary Transfer
Yes
Yes
Yes
Non Salary Transfer
Yes
Yes
Yes
Loan amount
85%
85%
90%
Joint Applicant
Yes
No
Yes
Payment plan
Up to 360 months
Up to 240 months
Up to 360 months
Annual Credit card membership fee (S..R)
S..R 490
S..R 490
S..R 500
S..R 500
S..R 750
S..R 1500
NA
NA
No annual fee
Annual Membership fee for Supplementary Card (s)
S..R 390
S..R 390
S..R 500
S..R 500
S..R 750
S..R 1500
NA
NA
NA
Monthly Term Cost
Relationship: 2.40%
Non Relationship: 2.55%
Non Relationship: 2.55%
Relationship: 2.40%
Non Relationship: 2.55%
Non Relationship: 2.55%
Relationship: 2.35%
Non Relationship: 2.50%
Non Relationship: 2.50%
Relationship: 2.35%
Non Relationship: 2.50%
Non Relationship: 2.50%
2.08%
2.08%
NA
NA
NA
Annual profit rate
Relationship: 32.92%
Non Relationship: 35.28%
Non Relationship: 35.28%
Relationship: 32.92%
Non Relationship: 35.28%
Non Relationship: 35.28%
Relationship: 32.15%
Non Relationship: 34.48%
Non Relationship: 34.48%
Relationship: 32.15%
Non Relationship: 34.48%
Non Relationship: 34.48%
28.02%
28.02%
NA
NA
NA
Additional fee on non-Saudi Riyal transactions
2.69%
2.69%
2.69%
2.69%
2.25%
1.90%
NA
NA
NA
2.69%
2.69%
2.69%
2.69%
2.25%
1.90%
NA
NA
NA
Free
Free
Free
Free
Free
Free
NA
NA
NA
Monthly Minimum Payment
5% of the total due or S..R 100, whichever is higher
5% of the total due or or S..R 100 whichever is higher
5% of the total due or S..R 100 whichever is higher
5% of the total due or S..R 100, which is higher
5% of the total due or S..R 100, whichever is higher
5% of the total due or S..R 100, whichever is higher
NA
NA
NA
Cash Withdrawal
S..R 75 per transaction of amount up to S..R 5000 and 3% or S..R 300, whichever is less for transactions that exceed S..R 5000
S..R 75 per transaction of amount up to S..R 5000 and 3% or S..R 300, whichever is less for transactions that exceed S..R 5000
S..R 75 per transaction of amount up to S..R 5000 and 3% or S..R 300, whichever is less for transactions that exceed S..R 5000
S..R 75 per transaction of amount up to S..R 5000 and 3% or S..R 300, whichever is less for transactions that exceed S..R 5000
S..R 75 per transaction of amount up to S..R 5000 and 3% or S..R 300, whichever is less for transactions that exceed S..R 5000
S..R 75 per transaction of amount up to S..R 5000 and 3% or S..R 300, whichever is less for transactions that exceed S..R 5000
NA
NA
NA
Late Payment Fee
S..R 100
S..R 100
S..R 100
S..R 100
S..R 100
S..R 100
NA
NA
NA
Card Reactivation Fee
S..R 100
S..R 100
S..R 100
S..R 100
S..R 100
S..R 100
NA
NA
NA
Replacement Card Fee
Riyad Bank Credit Shield per Month (Optional)
0.49% of total outstanding balance
0.49% of total outstanding balance
0.49% of total outstanding balance
0.49% of total outstanding balance
0.49% of total outstanding balance
0.49% of total outstanding balance
NA
NA
NA
Disputed Transaction
S..R 50
S..R 50
S..R 50
S..R 50
S..R 50
S..R 50
NA
NA
NA
Annual Membership Fee for Supplementary Credit Card
S..R 700
S..R 500
S..R 750
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
Administration Fee
No
No
No
No
No
No
No
No
Statement Date
Monthly
Monthly
Monthly
NA
NA
NA
NA
NA
NA
Settlement Date
Within 25 days of issuing the account statement related to the card account
Within 25 days of issuing the account statement related to the card account
Within 25 days of issuing the account statement related to the card account
NA
NA
NA
NA
NA
NA
