AlAhli Cashback Premium Credit Card

What makes this card Islamic

Saudi National Bank builds this card on a Tawarruq contract. The bank sells you a commodity on credit at a marked-up price, you sell that commodity to somebody else for cash, and the cash becomes your spending limit.

Article 10 of the SNB credit card T&C governs the Tawarruq mechanism. The fee schedule prices the Tawarruq component at 0.30% per month for this card.

Approved by SNB Sharia Board, under the supervision of Saudi Central Bank (SAMA).

What it costs

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

Annual fee

SAR 200Banking Fees and Charges (06 May 2026), SNB Cashback Card Premium block: 'Annual Fees 200 SAR'. The 2026 T&C form agrees: MasterCard World Cashback Premium, SAR 200.source

Supplementary card

SAR 0T&C: 'No annual fees for the first three Supplementary Cards. Over 3 Supplementary Cards: 50% of annual fees per Supplementary Card.'source

Profit rate

3.1% a month on the outstanding balanceCONFLICTING BANK SOURCES. Banking Fees and Charges (06 May 2026), SNB Cashback Card Premium block: APR 31.19%, Monthly Tawarruq Fees 0.30%. The 2026 T&C key facts table for the same card prints Monthly Percentage Rate + Tawaruq 3.1%, APR 41.59% and Credit Card Purchase Rate 33.6%. The newer fee schedule figure is recorded; the conflict is flagged. Note the fee schedule's Cashback (39.29%) and Cashback Premium (31.19%) APRs sit in the opposite order to the monthly rates (2.8% vs 3.1%), which suggests the two columns may be transposed in that document.source

APR, as the bank publishes it

31.19%An APR absorbs the annual fee and other charges as well as the profit rate, so it is higher than the profit rate above. It is the closest thing to a like-for-like cost comparison.source

Cash withdrawal

3% of the transaction amount, up to a maximum of SAR 75. Cash withdrawal limit is 30% of the credit limit.

Late payment

SAR 50

Foreign currency spend

2% on top of the exchange rate

Replacement card

SAR 15

What you get back

• Gas station (MCC 5541, 5542, 5172): 11% cashback, capped at SAR 100 a month
• Restaurants and food delivery (MCC 5812, 5813, 5814): 5%, capped at SAR 200 a month
• Grocery (MCC 5411, 5451, 5422): 5%, capped at SAR 200 a month
• Pharmacy (MCC 5912): 5%, capped at SAR 200 a month
• International spend except Euro: 2%, unlimited
• All other spend: 0.7%, unlimited

Other benefits

• Highest published category cashback rate found across the three banks in this batch (11% on fuel)
• Travel and lifestyle benefits
• Insurance benefits
• Smart Payment Plan instalment conversion

Before you apply

• SNB publishes two different APRs for this card: 31.19% (May 2026 fee schedule) and 41.59% (2026 T&C form). Confirm before applying.
• The headline 11% is capped at SAR 100 a month, i.e. it applies to about SAR 909 of fuel spend.
• No cashback on SADAD, bill payments, e-wallet top-ups, cash withdrawals or spend that exceeds the credit limit in a cycle.

Where these figures come from

Last checked against Saudi National Bank’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.

• “Annual Fees 200 SAR | Annual Percentage Rate 31.19% | Monthly Tawarruq Fees 0.30% - SNB Banking Fees and Charges, 06 May 2026, SNB CASHBACK CARD PREMIUM block”
• “MasterCard World Cashback Premium | 200 | 3.1% | 41.59% | 33.6% | 5% | 12 months - SNB Credit Card T&C 2026, 'Second: Alahli Cash Back Card' fee table”
• “Category | Cashback ratio | Monthly cashback reward CAP | MCC Code || Gas Station 11% | 100 | 5541 , 5542 , 5172 || Restaurants & Food delivery 5% | 200 | 5812 , 5813 , 5814 || Grocery 5% | 200 | 5411 , 5451 , 5422 || Pharmacy 5% | 200 | 5912 || International spend (except Euro) 2% | Unlimited || Other 0.7% | Unlimited - AlAhli Cashback Premium product page”
• “Overall Monthly Cashback | Unlimited (Cannot Exceed Card Limit) - AlAhli Cashback Premium product page”

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