Fees and charges
| Ajwaa Infinite Credit Card |
|
| Primary Card Annual Fee* |
S.R 1,500 |
| Supplementary Card Annual Fee |
Free |
| Monthly Tawaroq Profit Margin |
2.20% |
| Tawaroq Profit Margin |
26.40% |
| Annual Percentage Rate APR ** |
40.60% |
| Cash Withdrawal Fee* |
75 S.R Per Transaction |
| Card Replacement Fee |
Free |
| Card Re-activation Fee |
Free |
| 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