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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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SACO

Min. of SAR 1000

Valid until  28-02-2025
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Ikea

Min. of SAR 1000

Valid until  31-01-2025
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Next wellness club

Min. of SAR 1000

Valid until  12-02-2025
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Asian Alshark Co. Recruitment

Min. of SAR 1000

Valid until  10-01-2025
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Virgin Megastore 

Min. of SAR 1000

Valid until  05-02-2025
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Roomz

Min. of SAR 1000

Valid until  31-12-2024
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Almutlaq Co. Ltd

Min. of SAR 1000

Valid until  31-12-2024
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VOG

Min. of SAR 1000

Valid until  01-11-2024
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Rowad Al Khaleej Schools

Min. of SAR 1000

Valid until  01-11-2024
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Magrabi Hospitals and Centers

Min. of SAR 1000

Valid until 23-01-2025
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Alarbash

Min. of SAR 500

Valid until  31-12-2024
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City W

Min. of SAR 1000

Valid until  31-12-2024
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Rowad AlKhaleej International Schools

Min. of SAR 1000

Valid until  01-11-2024
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Spectrum Wellness

Min. of SAR 1000

Valid until  01-11-2024
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Formul' A

Min. of SAR 1000

Valid until  01-11-2024
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Direct English

Min. of SAR 1000

Valid until  01-11-2024
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Baraem Rowad Al Khaleej

Min. of SAR 1000

Valid until  01-11-2024
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Extra

Min. of SAR 3,499

Valid until 31-12-2024
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Stc Channels

Min. of SAR 1000

Valid until  16-8-2024
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Aljazirah Vehicles

Min. of SAR 1000

Valid until  31-10-2024
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New Horizons

Min. of SAR 1000

Valid until  01-11-2024
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Almanea

Min. of SAR 1000

Valid until 07-06-2024
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Casablanca Hotel

Min. of SAR 1000

Valid until  16-11-2024
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I Home

Min. of SAR 1000

Valid until 14-06-2024
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Abdulwahed

Min. of SAR 500

Valid until  15-11-2024
    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 Qasset Program works for a transaction of SAR 6,000 based on customer eligibility, and his regularity in card repayment
     
    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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