Fees and charges
| Ajwaa Digital Card
|
|
| Primary Card Annual Fee*
|
50
|
| Supplementary Card Annual Fee
|
Free
|
| Monthly Tawaroq Profit Margin
|
2.20%
|
| Tawaroq Profit Margin
|
26.40%
|
| Annual Percentage Rate APR
|
43.41%
|
| Cash Withdrawal Fee*
|
35 Per Transaction
|
| Card Replacement Fee
|
Free **
|
| Card Re-activation Fee
|
Free
|
| International Transaction Fee*
|
2%
|
| Dispute Fee*
|
50 per case
|
| Cash Advance Limit/Transfer Limit/Digital Payment Wallets
|
30% Of the credit limit
|
| Minimum Monthly Payment
|
Full Payment
|
| Purchasing Waiver Period
|
21 days after the account statement date
|
| Months until balance repaid in case of minimum repayment for Card limit 7,000
|
44 months
|
| Tawaroq Calculation
|
Tawaroq fees on the outstanding balance
|
| Statement Issuance Frequency
|
Monthly
|
| Statement Date
|
10th of each Gregorian month
|
*These fees are subject to 15% Value Added Tax (VAT).
*Purchase transactions do not include cash withdrawal transactions, SADAD payment transactions, cash transfers from credit card to current account, and provisioning the card in mobile wallets.
**In the event of requesting to replace the card by issuing a new physical card, a fee of 50 will be charged *
For Examples of declaration tables click here