1.    Qasset your individual transactions - The Riyad Bank’s Qasset Program is an installment plan whereby the customer has the convenience of settling his/her high value purchases in affordable & equal monthly installments. For more info 


2.    0% Qasset - The Riyad Bank’s 0% Qasset Program is an installment plan with exclusive partner merchants. Under this program, you can enjoy 0% Qasset on specific retail purchases. For more info

3.    Qasset your Balance – The Riyad Bank’s Qasset your Balance program allows you to convert your entire card outstanding balance into affordable and equal monthly installments. For more info

It’s easy. If you have purchases of SAR 1,000 & above and want to pay the amount in easy monthly installments to manage your financial obligations, you can have that transaction moved to the Qasset Program installments plan. 
Please check the 0% Qasset merchant T&Cs for minimum spend requirement.

Step 1: Use your Riyad Bank Credit Card to make a purchase of at least SAR 1,000*.
Step 2: Call Riyad Bank’s call center 8001242225 and request to convert your transaction to the Qasset Plan of 3, 6, 12, 18 or 24 months.
Step 3: Pay only the monthly installment for the plan selected. The value of each monthly installment will be reflected in the monthly statement.

*Applies for Qasset on Balance and Qasset for individual transactions. Please refer 0% Qasset merchant T&Cs for minimum spend requirement

No, you can use your existing Riyad Bank Credit Card to benefit from this program.

No, Qasset Program is applicable on any type of retail purchases made through your Riyad Bank Credit Card.

The maximum number of  installment plans is 4 (within the available credit limit)

The following options are the payment plans available under the Riyad Bank Qasset Program based on customer eligibility:

Program Riyad Bank's Qasset
Installment Plan Term	3 Months	6 Months	12 Months	18 Months	24 Months
Profit Rate (per month	0.50%	0.75%	1.00%	1.75%	2.00%

The table below illustrates how the Qasset Installment Program works for a transaction of S..R 6,000.

Installment Plan Term	Profit Rate	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

You can cancel a Qasset plan before the tenure completion via the Bank’s Digital Channels or Bank’s Call center. 

Yes. You can early settle your Qasset plan by canceling the Qasset plan through the Bank’s Digital Channels or Bank’s Call center followed by payment of the Qasset outstanding balance to your credit card.  

No. There are no additional early settlement charges applicable. There will not be any Qasset interest or profit charged for the remaining tenure of your Qasset plan.

Any payment made by you towards your credit card, more than the monthly Qasset EMI will not affect your ongoing Qasset plan. Instead the excess amount will be adjusted to your other outstanding balance on your credit card if any OR it will remain as excess balance on your credit card for any other usage.