TOKEN Program
TOKEN Program
Because our children have one language in common: Gaming, and in gaming, they pay with “TOKEN”. Thus, we present TOKEN Program to enable them with financial banking practices, as well as to encourage savings and financial planning under the supervision of their parents.
Now with TOKEN Products, your Children can perform their banking transaction easily and safely.
Terms and Conditions
Download Token Program App now!
TOKEN Program includes
TOKEN Prepaid Card
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100% cash withdrawal
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Instant notifications
TOKEN Bracelet
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Instant notifications
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Distinctive design
TOKEN Mobile Application
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Track spending
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Set up and track savings goals
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Parental supervision and control
Saving Scheme in cooperation with Social Development Bank
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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
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Financial Literacy by offering teaching content (video clips)
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Applicable only for Saudi nationals
How to Apply
Key Features for Children:
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The new Token application
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Zod Alajiya Program from the Social Development Bank, which offers monthly cash incentives and the opportunity to win prizes
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A mada prepaid card decorated in colors and designed in a modern way
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A smart payment bracelet, designed to enable your children to make purchases
Key Features for parents:
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Easy money transfers to your children
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Track your children's spending through Riyad Mobile
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A comprehensive view to follow up on the progress of the level of savings
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Supervising and helping to achieve financial goals
With more features to be added soon.
Eligibility:
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The guardian must be a Riyad Bank customer
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The child must be from 6 to 18 years old (you can only register children added in the Family Registry document)
Branches:
The service is available in the following branches:How to activate TOKEN Prepaid Card Through Riyad ATMs:
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Enter the TOKEN Prepaid Card
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Choose “Forget PIN / New Card”
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Enter the one-time password sent to the child registered mobile number, then create the new card PIN (4 digits)