Fees and charges
| Ajwaa Plus Credit Card
|
|
| Primary Card Annual Fee*
|
S.R 200 (Now free for life offer until February 2025)
|
| Supplementary Card Annual Fee
|
Free
|
| Monthly Tawaroq Profit Margin
|
2.70%
|
| Annual Tawaroq Profit Margin
|
32.40%
|
| Annual Percentage Rate APR**
|
39.01%
|
| Cash Withdrawal/Cash Transfer/Transfer to Digital Payment Wallets*
|
75 S.R Per Transaction
|
| Card Replacement Fee
|
100 S.R
|
| Card Re-activation Fee
|
100 S.R
|
| International Transaction Fee*
|
2.75%
|
| Dispute Fee*
|
S.R 50 per case
|
| Cash Advance Limit/Transfer Limit/Digital Payment Wallets
|
30% of the card balance and a maximum of SAR 5000 per transaction
|
| Minimum Monthly Payment
|
5% or S.R 200 (Whichever is higher)
|
| Purchasing Waiver Period
|
21 days after the account statement date
|
| Months until balance repaid in case of minimum repayment for Card limit 7,000 SAR
|
51 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.
** The Annual Percentage Rate (APR) has been calculated based on a credit limit utilization of SAR 30,000.
For Examples of declaration tables click here