AlAhli Credit Card - Platinum

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 used to settle unpaid statement balances; the fee schedule prices the Tawarruq component at 0.30% per month.

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 600Banking Fees and Charges (06 May 2026): 'Visa Platinum | MasterCard Platinum 600 SAR'. Same figure in the 2026 T&C form.source

Supplementary card

SAR 0Fee schedule: 'Supplementary Card Fees: Free'; T&C: first three supplementary cards free, then 50% of the annual fee each.source

Profit rate

2.95% a month on the outstanding balanceIncome-banded APR. Banking Fees and Charges (06 May 2026), Mass Segment: MasterCard Platinum and Visa Platinum 46.00% for monthly income below SAR 4,000, 39.81% for monthly income above SAR 4,000. The 39.81% mainstream-band figure is recorded. The 2026 T&C form prints 47.60% for this card, which conflicts with the newer fee schedule.source

APR, as the bank publishes it

39.81%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 card limit.

Late payment

SAR 50

Foreign currency spend

2% on top of the exchange rate

Replacement card

SAR 15

What you get back

• 1.5 LAK points per SAR 1 on local purchases and 1.5 per SAR 1 on international purchases
• Points redeemable via the LAK page in the SNB app for air miles, hotel bookings, e-vouchers or cashback
• No points on SADAD payments, cash withdrawals, bill payments, e-wallet top-ups or Smart Payment Plan conversions

Other benefits

• Travel and lifestyle benefits; airport lounge access per Mastercard/Visa scheme rules
• Insurance benefits included
• Smart Payment Plan instalment conversion
• Free e-wallet top-up
• Statements on the 10th, payment due 25 days later

Before you apply

• SNB's fee schedule and its own 2026 T&C form disagree on the APR (46.00%/39.81% versus 47.60%). Ask for the current Key Facts.
• This is the most expensive annual fee in SNB's standard range, yet the Wessam Gold and Platinum cards above it are exempt from annual fees.
• Card reactivation after lapse costs SAR 100.

Can you get it?

Age

21 and over

Other conditions

Must hold an SNB current account and be 21 years or older. Supplementary cardholders must be 15 or older and a first-degree relative, applying in person at a branch.

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 | Visa Platinum | MasterCard Platinum | 600 SAR - SNB Banking Fees and Charges, 06 May 2026”
• “MasterCard Platinum 46.00% | 39.81% ... Visa Platinum 46.00% | 39.81% (Mass Segment, income under / over SAR 4,000) - SNB Banking Fees and Charges, 06 May 2026”
• “MasterCard Platinum / VISA Platinum | 600 | 2.95% | 47.60% - SNB Credit Card T&C 2026 key facts table (conflicts with the fee schedule)”
• “MasterCard Platinum 1.5 | VISA Platinum 1.5 - SNB Credit Card T&C 2026, LAK points per SAR 1 (local | international)”

• Product page
• Schedule of charges
• Terms and conditions