Hassad points campaign
Balance Increases, Points Earned!
1. Definitions
1.1 “The Bank” means Riyad Bank.
1.2 “The Campaign” means the Rewards-linked Balance Boost Campaign launched and managed by the Bank.
1.3 “The Customer” means any individual customer who has an active account relationship with the Bank, or any individual customer who opens a new account relationship with the Bank during the Campaign period.
1.4 “Eligible Customer” means the customer who meets all the Campaign eligibility criteria, registration requirements, and verification processes.
1.7 “Hasad Points” means the loyalty points under the Bank's Hasad program, which may be granted to eligible customers in accordance with these Terms and Conditions.
1.8 “Hasad Program” means the Bank's loyalty program, subject to the terms and conditions approved by the Bank.
1.12 “Current Account Balance” means the average current account balance held by the customer with the Bank for the current month, as calculated and approved through the Bank's internal systems for the purposes of the Campaign.
1.13 “Reference Balance” means the customer's average current account balance during the three months immediately preceding the month in which the customer registers in the Campaign.
1.15 “Business Day” means any official working day in the Kingdom of Saudi Arabia on which banks are open for business.
1.16 “Fraudulent Activity” includes, without limitation, any manipulation, misuse, suspicious activity, artificial balances, non-genuine transactions, or any activity the Bank deems inappropriate.
1.17 “Force Majeure Event” means any event beyond the Bank's reasonable control, including, but not limited to, system outages, cyber incidents, regulatory actions, natural disasters, wars, strikes, communication failures, or operational disruptions.
2. Campaign Overview
2.1 The Campaign is offered by the Bank in accordance with these Terms and Conditions.
2.2 The Campaign period starts from 6 July 2026 and continues until 10 September 2026.
2.3 Registration to participate in the Campaign is done through the Riyad Bank app.
2.4 Participation in the Campaign constitutes full acceptance of these Terms and Conditions, as well as the Bank's product terms.
2.6 Customers are not entitled to claim any points, benefits, or rewards outside the scope of these Terms and Conditions, or outside the Campaign period.
2.7 The Hasad Points due under this Campaign are processed on a monthly basis, within the first ten (10) business days of each of the following months: August 2026, September 2026, October 2026, November 2026, December 2026, and January 2027 (for the final reward disbursement), subject to customers meeting all the eligibility criteria set for the Campaign and all applicable Terms and Conditions determined by the Bank.
3. Eligibility
3.1 The Campaign is available to all customers who have active current accounts opened before or during the Campaign.
3.2 Riyad Bank employees are not eligible to participate in the Campaign.
3.3 The customer must maintain an active account that is not frozen, dormant, or closed throughout the Campaign period and until any due Hasad Points, if any, are deposited.
3.4 The customer must register for the Campaign through the Riyad Bank app.
3.5 Customers will not be automatically enrolled in the Campaign. Registration through the Riyad Bank app is a mandatory condition for participation and entitlement.
3.7 The customer must already be enrolled in the Hasad program, or enroll in the Hasad program upon registering for the Campaign, in order to be eligible to earn any Hasad Points under this Campaign. Click here to register for Hasad
3.10 Registration in the Campaign and enrollment in the Hasad program are two mandatory conditions for earning any additional points or rewards associated with the Campaign, including points related to increasing the current account balance.
3.8 The Bank reserves the right to reject, cancel, or suspend the registration of any customer who does not meet the eligibility criteria or the requirements for verifying entitlement to earned points.
3.9 Registration in the Campaign does not guarantee entitlement to Hasad Points. Entitlement is subject to the customer meeting all eligibility, calculation, and internal verification requirements.
3.10 Joint accounts, dormant accounts, and frozen accounts are excluded from participation.
3.11 Customers who have fraud indicators, suspicious activity, regulatory notes, or breaches of the Bank's product terms are excluded from the Campaign without prior notice.
3.12 Customers who receive benefits under any campaign relating to balance increase or average account balance are not eligible to earn Hasad Points for increasing the average current account balance under this Campaign. However, any points related to cards, including points related to spending using a credit card, a prepaid card, or credit card activation, will remain valid in accordance with the terms of the Hasad program.
4. Activities Eligible to Earn Hasad Points
4.1 After successfully completing registration in the Campaign, the eligible customer may be eligible to earn Hasad Points when performing any of the following activities, in accordance with the rules, limits, and rates set by the Bank:
- Spending using a credit card. Click here for the Terms and Conditions
- Credit card activation. Click here for the Terms and Conditions
- Spending using a prepaid card. Click here for the Terms and Conditions
- Increasing the current account balance beyond the Reference Balance, subject to the eligibility restrictions set out in these Terms and Conditions, including the exclusion of customers benefiting from any campaign relating to balance increase or average account balance from earning current account balance increase points.
4.2 The customer may earn Hasad Points for one or more eligible activities, provided that the conditions applicable to each activity are separately met.
4.3 The Bank reserves the right to determine which transactions are eligible and ineligible for the purpose of calculating Hasad Points. The Bank's records, systems, and decisions are final and binding in this regard.
4.4 Any examples, tables, calculations, or promotional materials related to the Campaign are provided for illustrative and marketing purposes only and do not constitute a guarantee of entitlement.
8. Terms and Conditions of Hasad Points for Increasing the Current Account Balance
8.1 The eligible customer may earn Hasad Points when increasing the average current account balance for the current month beyond the average balance during the three immediately preceding months (referred to as the Reference Balance), in accordance with these Terms and Conditions.
8.3 If the customer registers during the registration period, the Reference Balance will be calculated based on the average current account balance during the three months immediately preceding the month of registration. For example:
How the Reference Balance is calculated:
| Average balance in March | 40,000 |
| Average balance in April | 10,000 |
| Average balance in May | 10,000 |
| Reference Balance | (10,000 + 10,000 + 40,000) / 3 = 20,000 |
Note: The average monthly balance is calculated by taking the end-of-day account balance for each day of the month and dividing it by the number of days in the month.
8.5 The customer must increase the average current account balance by no less than SAR 5,000 above the Reference Balance to be eligible for Hasad Points under this section. For example:
How Hasad Points are calculated:
If the customer's Reference Balance is SAR 20,000, and the average current account balance during the Campaign registration month becomes SAR 27,000:
| Description | Value |
|---|---|
| Reference Balance for the three months preceding the customer's registration | SAR 20,000 |
| Average current account balance during June | SAR 27,000 |
| The increase over the average Reference Balance and the average balance for June | SAR 7,000 |
| Points calculated | 7,000 / 5 = 1,400 points |
| Points due after applying the cap | 1,400 points |
8.7 Hasad Points are calculated at a rate of one point for every increase of SAR 5 in the average current account balance compared to the Reference Balance, provided that the minimum increase referred to above is met.
8.8 The maximum points disbursed shall be 100,000 Hasad Points per customer per month.
8.9 During the first ten business days of the following month, any due Hasad Points are deposited into the customer's account, based on the increase in the average current account balance during the previous month compared to the Reference Balance. For example: during the first ten business days of July, Hasad Points are deposited based on the increase in the average current account balance for June compared to the average Reference Balance.
8.11 Withdrawing from a savings account and depositing the amount into the current account is not counted among the eligible transactions in calculating the average current account balance or the average Reference Balance. For example: if the customer increases their current account balance by SAR 15,000, resulting from a withdrawal of SAR 10,000 from their savings account balance, then Hasad Points will be granted on the net increase of SAR 5,000 only.
8.14 The Reference Balance and the increase in the average current account balance are calculated across all of the customer's current accounts.
8.14 The Bank reserves the right to recalculate, adjust, suspend, or reverse Hasad Points if any operational or technical error, manipulation, misuse, suspicious activity, or ineligible activity is found.
9. Deposit and Redemption of Hasad Points
9.2 For points related to increasing the current account balance, the points are deposited within the first ten business days of the following month, after completing all internal verification and reconciliation procedures.
9.3 Customers may redeem Hasad Points through the redemption options available within the Hasad program via the Riyad Bank app or any other channel determined by the Bank.
9.4 The redemption of Hasad Points is subject to the terms and conditions of the Hasad program, and any additional conditions determined by the Bank or the relevant parties.
9.5 Hasad Points may not be directly exchanged for cash, nor may they be transferred, sold, or assigned, unless the Bank permits this under the Hasad program.
9.6 In the event of any conflict between these Terms and Conditions and the terms and conditions of the Hasad program regarding the use or redemption of points, the terms and conditions of the Hasad program shall apply to the extent related to redemption and use.
9.7 The customer must be registered in the Hasad program at the time of registering for the Campaign, or register in the Hasad program at the time of registering for the Campaign; otherwise they will not be eligible to earn Hasad Points under this Campaign.
10. Customers Not Registered in the Campaign
10.1 If the customer has not registered in the Campaign and is already using a credit card or a prepaid card, their usual earning of Hasad Points on eligible card transactions will not be affected, in accordance with the applicable terms of the Hasad program.
10.2 Customers who are not registered in the Campaign are not entitled to claim any additional points or benefits specific to the Campaign.
11. Registered Customers Who Already Use Cards
11.1 If the customer registers in the Campaign and is already using a credit card or a prepaid card, they will continue to earn Hasad Points on eligible transactions in accordance with the usual mechanism of the Hasad program.
11.2 The customer may earn additional points under the Campaign, including points related to increasing the current account balance, if they meet all eligibility and calculation requirements, provided that the customer is not benefiting from the salary transfer cashback campaign with respect to current account balance increase points.
11.3 The Campaign does not affect any points previously earned, unless those points were added by mistake or as a result of manipulation, misuse, or ineligible activity.
12. Customers Benefiting from Any Balance Increase or Average Account Campaign
12.1 Customers benefiting from any campaign relating to balance increase or average account balance are not eligible to earn Hasad Points for increasing the current account balance under this Campaign.
12.2 The clause above does not affect the customer's eligibility to earn card-related points, including points related to spending using credit cards, spending using prepaid cards, or credit card activation, in accordance with the Bank's applicable policies and the terms of the Hasad program.
12.3 The Bank reserves the right to determine whether a customer is benefiting from any campaign relating to balance increase or average account balance based on the Bank's records and internal systems. The Bank's decision in this regard is final and binding.
13. Ineligibility and the Bank's Rights of Recovery
13.1 The customer becomes ineligible for Hasad Points or any future Campaign benefits in any of the following cases:
- Failure to register in the Campaign during the registration period.
- Failure to enroll in the Hasad program or failure to complete enrollment in the Hasad program upon registering for the Campaign.
- Failure to meet the eligibility criteria.
- The account becomes inactive, frozen, blocked, restricted, dormant, or closed.
- The customer breaches any of the terms of any product, account, card, the Hasad program, or the Campaign terms.
- Any fraudulent, suspicious, misleading, unusual, or abusive activity is detected.
- The transactions on which points were calculated are cancelled, reversed, or refunded.
- The customer is benefiting from the salary transfer cashback campaign, with respect to current account balance increase points only.
- The Bank decides, at its discretion, that continued participation involves operational, legal, regulatory, reputational, or financial risks.
13.2 The Bank reserves the right to recover, reverse, deduct, or adjust any Hasad Points added by mistake or obtained as a result of misuse, manipulation, operational issues, technical failures, duplicate processing, or fraudulent activity.
13.3 The Bank may take any action it deems appropriate, including suspending participation, cancelling points, restricting accounts, or suspending benefits, to the extent permitted by applicable laws and regulations.
14. Fraud, Misuse, and Manipulation
14.1 Any attempt to manipulate registration, transactions, account balances, card activity, or Campaign eligibility may lead to immediate exclusion.
14.2 The Bank reserves the right to investigate suspicious patterns, unusual activities, duplicate participation, artificial transactions, or non-genuine balances.
14.3 Customers involved in fraudulent, irregular, misleading, abusive, or suspicious activities may be reported to the competent authorities, where applicable.
14.4 The Bank may restrict accounts, suspend benefits, reverse points, or terminate participation without prior notice if misuse is suspected.
15. Operational and System Limitations
15.1 The Bank bears no responsibility for any delay, interruption, technical failures, communication errors, cyber incidents, force majeure events, or operational disruptions that affect registration, participation, or the deposit of Hasad Points.
15.2 The Bank's records, systems, reports, classifications, calculations, and decisions are final and binding in all matters related to the Campaign, including eligibility, registration, eligible transactions, and points calculation.
15.3 In the event of discrepancies, technical limitations, system defects, reconciliation issues, or operational errors, the Bank reserves the right to recalculate, adjust, postpone, suspend, or reverse Hasad Points.
15.4 The Bank does not guarantee the continuous, uninterrupted availability of digital channels, systems, electronic applications, websites, or Campaign registration platforms.
16. Laws, Regulations, and Compliance
16.2 The Bank reserves the right to amend the Campaign mechanism, eligibility criteria, reward structure, or operational procedures, in order to comply with regulatory, legal, Shariah, audit, risk management, or internal governance requirements.
18. Amendment and Termination of the Campaign
18.1 The Bank reserves the right, at its absolute discretion and without prior notice, to amend, suspend, extend, withdraw, replace, or terminate the Campaign, or to amend any part of these Terms and Conditions, at any time.
18.2 The Bank reserves the right to restrict, cap, suspend, or halt the deposit of Hasad Points due to budget constraints, operational restrictions, regulatory instructions, risk considerations, or force majeure events.
18.4 Continued participation in the Campaign after any amendment constitutes acceptance of the amended Terms and Conditions.
