Through meem app or website > side menu > suggested products > Credit Cards
Last update on 19/9/2023
Our Signature Credit Card offers a range of features and benefits including a flexible installment program, a generous rewards program, low FX charges, purchase protection, exclusive access to 1000+ airports lounges around the world and much more.
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Access to exclusive offers and privileges from VISA
Earn instant points to spend your way with cashback on groceries too!
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Convert purchases into installment plans for up to 24 months starting from 0%
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Near Field Communication for contactless and fast transactions
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We offer competitive FX rates making meem Signature Card a perfect companion for travel.
Supplementary cards available
“Safe Mode” for extra security when needed
Buyer’s protection
mada Pay enabled
Apple Pay enabled
PCI DSS compliant.
| Saudi | Expatriates | |
|---|---|---|
| Fulfilment |
STP: If the customer has provided a GOSI certificate |
STP: If the customer has provided a GOSI certificate |
| OnePack a/c held |
Yes |
Yes |
| Minimum Age at Commencement (Years-G) |
18 |
18 |
| Maximum Age at Maturity (Years-G) |
Employed: Retirement age Retired: 70 |
Employed: Retirement age |
| Minimum salary (SAR) |
8,000 |
8,000 |
| Minimum current employment period |
1 Month |
3 Months |
| Minimum existing SIMAH history |
No requirement for minimum credit history for any borrower |
No requirement for minimum credit history for any borrower |
| GDBR (as per SAMA Responsible Lending Principles) | ||
| Credit Card | Charges |
|---|---|
|
Annual fee primary card |
SAR 500* |
|
Annual fee supplementary card |
SAR 100 |
|
Late payment fees |
SAR 100** |
|
Credit card re-issue |
SAR 30 |
|
Cash advance fees: |
|
|
For cash advance up to SAR 5,000 |
SAR 75 |
|
For cash advance greater than SR 5,000 |
3% of the transaction amount and subject of a maximum of SAR 300 |
|
Credit card dispute fee (if wrong dispute) |
SAR 50 |
|
Account Balance enquiry on ATM |
Free |
|
FX rate |
2.5% |
* No annual fees for the first year, meem Credit Card remains free for life against a minimum spend of SAR 48,000 per annum from the date of the card’s issuance.
If the minimum spends required are not met, annual fees for the subsequent year will be applied.
meem Digital Banking has the right to cancel the Credit Card if not been activated within 90 days.
** The collected late payment fees are paid on your behalf for charity activities as per the guidelines and supervision of the Shari’ah Supervisory Board.
Fees and charges are excluded the VAT.
Terms and conditions apply.
Transaction type
Transaction AMT in SAR
Points Earned
Domestic
1
1.5
International
1
2
Annual Percentage Rate (APR)
Monthly Profit Rate
Minimum repayment Amount
Months until Balance Repaid
Without fee* 28.46%
2.25%
5%
81 Months
**If a customer only makes minimum payments on an initial outstanding principal balance of SAR 10,000/- it will take the customer 7 years to repay in full of a Total profit margin of SAR 6,581/- assuming there is no annual fee and no charges, like late payment fee and no further spending and considering Annual profit margin at the rate of 27%
* Sum of total limit of your credit cards
** All installments other than home finance
CalculateStart over
Profit
Rate
Annual
Charge
Tenor
Minimum
Monthly Amount Due
Credit Limit
Credit Card Annual
Percentage Rate (APR)
- Credit Card APR is based on rough estimate.
- If there is no annual fee associated to your Credit Card the APR will be furthered reduced.
- This calculation is subject to change depending on the influencing factors such as consumer’s credit records.
Apply NowThrough meem app or website > side menu > suggested products > Credit Cards
through meem app or website by clicking on the card then on the activation option
Or through the IVR by calling 8001166336
Through meem app or website > card > Plus sign "+" > Safe Mode
card statement will be generate on 7th of every month
And customer can get it from mail box in meem app
Due date is 28th of every month
Yes you can from meem app by clicking on the Card > Plus sign "+" > Change the PIN
You can pay the due amount through transferring the amount from you current account to your credit card account
Thought calling us on 8001166336 and raise cancellation request
Yes you can from meem app by clicking on the Card > Plus sign "+" > New Supplementary Credit Card
You can issue up to 4 cards for first degree relatives
Yes you can access up to 1000 Lounges globally
12 visits annually this including supplementary card holders
Through LoungeKey by entering your card information
To be eligible, you must do one international transaction. Minimum value of 1 USD
Note, the eligible transaction may take up to 10 working days to reflect on LoungeKey
GIB-Saudi Arabia, Commercial registration No. (2052001920) Unified No: (7001399042), licensed by the Saudi Central Bank under number 2007, and operating under the Saudi Central Bank’s control and supervision, unit number 54 – Al Khobar 34721 – 8208 Kingdom of Saudi Arabia.
Local Tel.: 8001166336, International Tel.: +966920026336
