Qasset 0%
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Qasset 0%
Riyad Bank’s Qasset 0% program lets you convert purchases into smart monthly installment plans for retail buys using your credit card locally or abroad.
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overview
Key benefits at a glance
- Fixed monthly installments
- Unlimited installment plans
- Shari'a compliant
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
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The table below illustrates how Qasset Program works for a transaction of S..R 6,000 based on customer eligibility, and his regularity in card repayment
INSTALLMENT PLAN TERM
PROFIT RATE (PER MONTH)
MONTHLY INSTALLMENT in (Saudi Riyal)
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
terms and conditions
Terms and Conditions
- 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 S..R 50 will be charged for each installment transaction
- No limit on the number of installment plans allowed within your available credit limit
- Cash withdrawals are excluded from the Qasset program.
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how it works
Enjoy in a few simple steps
01
Purchase
Use credit card for S.R 1,000+
02
Convert
Call 8001242225 to convert transaction
03
Pay
Pay monthly installment as per plan
FAQS
Frequently Asked Questions
1
How many transactions can I move to Qasset Program?
2
Is there a minimum amount that can be moved to the Riyad Bank Qasset Program?
3
Do I need to apply for a new Credit Card to use the Riyad Bank Qasset Program?
4
How many payment plans are available on the Riyad Bank Qasset Program?
5
Is Qasset Program limited for specific purchases?
6
How to benefit from Qasset Program?
7
How does the Qasset Program work?
8
What is the Riyad Bank Qasset Program?
9
How is the calculation done for the Riyad Bank’s Qasset Program?
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Riyad Line:
800 124 2225
