An exclusive banking experience for Premium Residency holders.

Start your relationship with Riyad Bank and enjoy a banking experience that aligns with your aspirations and lifestyle.

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Riyad Bank offers the Premium Residency program as a comprehensive banking solution targeting high-income Premium Residency holders.

Once your salary is transferred, you gain direct access to tailored banking solutions designed to meet your financial needs. This is complemented by a suit of exclusive privileges across a diverse portfolio of products, including accounts, financing solutions, and cards.

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1. Direct access to Diamond banking services
2. A dedicated, qualified and full-time relationship manager
3. A financial consulting service when you open an investment account
4. A comprehensive banking relationship with dedicated servicing
5. Exclusive benefits linked to salary transfer
6. A seamless banking experience tailored to your needs

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Product Offering & Benefits
Current Account

Start your banking relationship with Riyad Bank through salary transfer and enjoy:
 

1. Direct access to Diamond banking services
2. 20,000 Hassad loyalty points upon account opening and first salary transfer
3. Dedicated servicing and a priority service journey

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Personal Finance > Apply Now
Flexible financing solutions tailored to your needs:
 

1. Financing up to SAR 1.5 million
2. Tenor up to 60 months
3. Annual Percentage Rate (APR) starting from 2.07%
4. Buyout APR starting from 0.99%

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Auto Finance > Apply Now
Financing options that suit your lifestyle:
 

1. APR starting from 3.25%
2. 0% down payment with selected partners

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Home Finance > Apply Now
Home financing solutions that deliver greater value:
 

1. APR starting from 3.30%
2. Exclusive 20% discount with real estate partners

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Credit Cards > Apply Now
Credit benefits that enhance your banking experience:
 

• Spend & Get the Annual Fees Back

(Al Hilal Credit Card, Visa or Mastercard Platinum) 

 

• Card issuance upon first salary transfer

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How to Benefit from the Program:

• Open your account with Riyad Bank
• Transfer your salary
• Start enjoying the exclusive benefits

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Start today and make Riyad Bank your primary banking partner.
 

T&Cs:

Diamond Banking:

Conditions for joining the Diamond Banking membership (Salary clients)
 

• The customer must hold a Premium Residency permit.
• Minimum age is 18 years.
• Salary transfer is required, with a minimum salary of 35,000 SAR.
• A certified certificate of employment from the Chamber of Commerce must be attached.
• If the salary is not received, the bank has the right to reduce the customer’s eligibility according to the applicable Segment.
• It requires that the salary be received in the account in the form of (Salary Deposit) and not through account transfers.
• The bank reserves the right to review

Mortgage Finance
Terms & Conditions

• Annual Percentage Rate (APR) starting from 6.63%
• Salary transfer is required
• The customer must be a Premium Residency holder
• Minimum age: 20 years
• Available for all approved sectors
• Maximum financing tenure: 20 years 
• Administrative fees: 1% or SAR 5,000 (whichever is lower)
• Fixed profit rate
• The bank reserves the right of final approval based on customer eligibility, product criteria, and credit assessment

Terms & Conditions of the Personal Finance Program for Premium Residency Holders

• Financing tenure up to 5 years
• Financing amounts up to SAR 1.5 million
• Minimum age requirement is 22 years
• Salary transfer is required, with a minimum net salary of SAR 35,000
• Minimum length of service is from 6 months
• Eligibility is determined based on each customer’s credit assessment
• Financing APR starting from 8.5%

Terms & Conditions of the Auto Lease Program for Premium Residency Holders
 

• Annual Percentage Rate starting from 3.24%
• Salary transfer is required, with a minimum net salary of SAR 35,000
• The customer must have no traffic violations or penalties
• Maximum financing amounts up to SAR 750,000 (total)
• Lease tenor available up to 60 months
• Possibility to lease up to a maximum of 3 cars at the same time
• Offer is applicable on approved vehicles only
• The bank reserves the right to approve applications based on product eligibility as determined through each customer’s credit assessment

Loyalty program

• Customer must ensure that they are enrolled in the Hassad Rewards program register, navigate to Hassad section in Riyad Bank mobile app and click “Enroll to Hassad Program”
• 20,000 Hassad points will be credited within 30 days after the third salary deposit. 
• This applies only to customers who open a new salary transfer account or set up a salary transfer for the first time, for Premium Residency holders. 
• Any compliant, query or concern related to this offer must be raised to the contact center within 45 days of the deposit of the third salary
• Hassad program terms and conditions apply.

Credit Cards for Premium Residency Holders

• No annual fees on the below Credit Cards for Diamond Banking customers if they continue with the program’s membership.
• This is applicable only for the below products:
• Mastercard World Credit Card
• Visa Signature Credit Card
• Annual fees are waived for up to two cards per customer
• Riyad Bank Credit Cards Terms and Conditions apply.
• Cardholder must of 18 years of age or more.
• For Credit Cards APR disclosure, click here.