TOKEN Junior Bankers
token junior bankers
TOKEN Junior Bankers
TOKEN Prepaid Card
- 100% cash withdrawal
- Instant notifications
TOKEN Bracelet
- Instant notifications
- Distinctive design
TOKEN Mobile Application
- Track spending
- Set up and track savings goals
- Parental supervision and control
Savings Scheme in cooperation with Social Development Bank
Saving incentive to be offered to each kid on the growth in their savings average balance each month
SDB incentives for a period of 3 years from the date of enrollment or till the age of 18
Financial Literacy by offering teaching content (video clips)
Applicable only for Saudi nationals
how to apply
How to Apply
- For Riyad Bank Customers, apply now through Riyad Bank App
- If you are not a Riyad Bank customer, open your Current Account online, and then you may apply for TOKEN Program through Riyad Bank App
key features for children
Key Features for Children
- The new Token application
- Zod Alajiya Program from the Social Development Bank, which offers monthly cash incentives and the opportunity to win prizes
- A mada prepaid card decorated in colors and designed in a modern way
- A smart payment bracelet, designed to enable your children to make purchases
key features for parents
Key Features for Parents
- Easy money transfers to your children
- Track your children's spending through Riyad Bank App
- A comprehensive view to follow up on the progress of the level of savings
- Supervising and helping to achieve financial goals
eligibility
Eligibility
- The guardian must be a Riyad Bank customer
- The child must be from 6 to 18 years old (you can only register children added in the Family Registry document)
Fees Type
Fees (Without Vat)
Card Issuance
Free
Card Annual fee
Free
Card Re-issuance Due to Loss/ Damage
S..R 30
Bracelet Issuance
Free
Bracelet Annual fee
Free
Bracelet Re-issuance Due to Loss/ Damage
S..R 50
Card Expiration
Free
POS fees
Free
branches
Branches
The service is available in the following branches:
Branch Name
Header
City
Working Hours
Al-Morabba'a
218
Riyadh
Sunday to Thursday from 09:30 AM to 04:30 PM
Al-Takhassusi (Ladies)
212
Riyadh
Sunday to Thursday from 09:30 AM to 04:30 PM
Al-Doha(Ladies)
337
AL-DHRAN
Sunday to Thursday from 09:30 AM to 04:30 PM
Al-Khobar
301
Al-Khobar
Sunday to Thursday from 09:30 AM to 04:30 PM
Sari
170
Jeddah
Sunday to Thursday from 09:30 AM to 04:30 PM
Al-Tahlia (Ladies)
157
Jeddah
Sunday to Thursday from 09:30 AM to 04:30 PM
how to activate token prepaid card through riyad atms
How to Activate TOKEN Prepaid Card Through Riyad ATMs:
01
Enter the TOKEN Prepaid Card
02
Choose “Forget PIN / New Card”
03
Enter the one-time password sent to the child registered mobile number, then create the new card PIN (4 digits)
1 How can I enroll my child in TOKEN Program?
2 Who can request the TOKEN Prepaid Card and Bracelet?
3 How many Cards/ Bracelets can be issued per child?
4 How can I request the TOKEN Bracelet?
5 What does the Welcome Pack include?
6 What is the cost of the card and bracelet?
7 How can I activate the card?
8 How can I cancel the card?
9 Can I monitor my child transactions and financial activity?
10 What are the supporting devices for Token app?
11 Can my son / daughter transfer money from their accounts?
12 Can my son / daughter receive money transfers their accounts?
13 How does my son / daughter start the savings journey through the Token program?
14 Is it possible to use the card for online store?
15 For any inquiries related to the Zod Al-ajial?
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Riyad Line: 800 124 2225