Platinum Credit Card

What makes this card Islamic

Approved by Bank Albilad Shariah Committee, under the supervision of Saudi Central Bank (SAMA).

What it costs

Every figure below comes from Bank Albilad’s own published documents. Where the bank does not publish a number we say so rather than estimate it.

Annual fee

SAR 425.50'Annual Renewal Fees for Main Card 425.5'; first-year issuance SAR 460. Figures appear VAT-inclusive despite the page's 'VAT exclusive' footnote.source

Supplementary card

SAR 115'Additional Card Issuance Fees 115' and 'Annual Fees for Additional Card 115'.source

Profit rate

0% a month on the outstanding balance0% a year as stated by the banksource

Cash withdrawal

'3% of the transaction amount plus VAT, up to a maximum of 23 SR'. From 28 August 2026, funding a digital bank account from the card is charged at 3% + VAT capped at SAR 86.25.

Late payment

Not published

Foreign currency spend

1.15% on top of the exchange rate

Replacement card

SAR 17.25

What you get back

• Enrolled in the Mukafaat Albilad loyalty programme to earn points redeemable for rewards

Other benefits

• Airport VIP lounge access globally via the Visa Airport Companion application
• Purchase Protection against theft or accidental damage of purchases
• Global Emergency Assistance: block the account against fraudulent purchases within 30 minutes, replacement card within 3 working days, emergency cash from 270,000 locations worldwide
• Extended warranty doubling the manufacturer's repair period for up to 1 year
• Payment of card dues every 50 days (accounting cycle)

Before you apply

• Charge card, not a revolving card: minimum repayment is 100% of the balance in one month.
• Annual fee of SAR 425.5 is high relative to Albilad's Tamkeen Plus Platinum (SAR 115), which offers lounge access too but charges 1.8%/month if you revolve.

Where these figures come from

Last checked against Bank Albilad’s published documents on 2026-08-17. Banks change fees without notice, so treat the bank’s own document as the final word, not this page.

• “Issuance Fees 460 | Annual Renewal Fees for Main Card 425.5 | Additional Card Issuance Fees 115 | Annual Fees for Additional Card 115 - 'Cards Fees / Fees in Saudi Riyal (SR) / Platinum' table”
• “Month until balance Repaid 1 Month | Minimum Repayment amount 100% | Credit card Monthly Rate 0% | Annual Percentage Rate 0% - Platinum Credit Card product page”
• “A fee of 3% of the transaction amount, plus Value Added Tax (VAT), will be charged, with a maximum fee cap of SAR 86.25. - Platinum Credit Card page, digital-bank funding FAQ effective 28 August 2026”

• Product page
• Schedule of charges