You can convert your purchases using meem credit card into equal monthly installments through meem app within 10 days of the purchase day.
You can convert your purchases using meem credit card into equal monthly installments through meem app within 10 days of the purchase day.
1,000 SAR or its equivalent in other currencies.
Yes, as long as the purchase amount is equivalent to SAR 1,000 or more.
Yes, as long as the purchase amount is equivalent to SAR 1,000 or more.
There is no limit on the number of transactions, as long as it is within the credit limit provided.
Available program tenures are 3, 6, 9,12,18 and 24 months and cannot be changed after submitting the application.
The table below illustrates how meem As’hal works with the monthly profit rates for each plan for a purchase of SAR 1,500:
Tenure
3 months
6 months
9 months
12 months
18 months
24 months
Profit Rate (per month)
0%
0.25%
0.50%
0.75%
1.50%
1.75%
Monthly Installment
500
257.08
176.39
137.92
106.94
89.58
You can convert the transaction through meem app within 10 days of the purchase day.
meem As’hal Plan’s remaining amounts (including not paid or partially paid) installment would be converted to a normal purchase (including profit and fees) in the next billing cycle.
Gulf International Bank - Saudi Arabia, a Saudi Closed Joint Stock company with a capital of SAR (7,500,000,000), Commercial Registration No. (2052001920), Unified Number (7001399042), P.O. Box 93, Al Khobar 31952, Kingdom of Saudi Arabia, Telephone +966 13 866 4000, National Address: 5515 Cooperative Council Road - Al Khuzama Area, Unit No. 54, Al Khobar 34721-8208, Website: https://www.gib.com/ksa/en, Licensed with number: (2007) and it is under the supervision and control of The Saudi Central Bank.
