Compare Accounts for Saudi Arabia October 2025

Find and compare the best bank accounts in Saudi Arabia. Explore top accounts with the best offers from leading banks.

Emirates NBD

Current Account

Annual

View Offer

D360 Bank

D360 Bank Account

Monthly Salary Transfer Minimum (SAR)

International Transaction Fees

0.00%

Reward Rate

None

Tailored For

None

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Emirates NBD KSA

Current Account

Monthly Salary Transfer Minimum (SAR)

International Transaction Fees

2.00%

Reward Rate

None

Tailored For

None

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

SAB

Advance Account

Monthly Salary Transfer Minimum (SAR)

20,000

International Transaction Fees

2.75%

Reward Rate

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Alinma

Diamond Banking

Monthly Salary Transfer Minimum (SAR)

30,000

International Transaction Fees

2.20%

Reward Rate

None

Tailored For

None

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Al Rajhi Bank

Affluent (Platinum) Account

Monthly Salary Transfer Minimum (SAR)

20,000

International Transaction Fees

2.50%

Reward Rate

None

Tailored For

None

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Al Rajhi Bank

Diamond Affluent (Signature) Account

Monthly Salary Transfer Minimum (SAR)

40,000

International Transaction Fees

2.50%

Reward Rate

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Al Rajhi Bank

Private Banking (Infinite) Account

Monthly Salary Transfer Minimum (SAR)

20,000

International Transaction Fees

2.75%

Reward Rate

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

SAB

Current Account

Monthly Salary Transfer Minimum (SAR)

International Transaction Fees

2.75%

Reward Rate

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

SAB

Premier Account

Monthly Salary Transfer Minimum (SAR)

40,000

International Transaction Fees

2.75%

Reward Rate

ICSAB+ points

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Alinma

Private Banking

Monthly Salary Transfer Minimum (SAR)

15,000

International Transaction Fees

2.20%

Reward Rate

None

Tailored For

None

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Alinma

Platinum Banking

Monthly Salary Transfer Minimum (SAR)

15,000

International Transaction Fees

2.65%

Reward Rate

None

Tailored For

None

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Alinma

Gold Banking

Monthly Salary Transfer Minimum (SAR)

6,000

International Transaction Fees

2.65%

Reward Rate

None

Tailored For

None

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Alinma

Classic Banking

Monthly Salary Transfer Minimum (SAR)

15,000

International Transaction Fees

2.65%

Reward Rate

None

Tailored For

None

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Riyad Bank

Silver Banking

Monthly Salary Transfer Minimum (SAR)

10,000

International Transaction Fees

2.75%

Reward Rate

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Riyad Bank

Golden Banking

Monthly Salary Transfer Minimum (SAR)

20,000

International Transaction Fees

2.75%

Reward Rate

None

Tailored For

High Earners

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Riyad Bank

Diamond Banking

Monthly Salary Transfer Minimum (SAR)

40,000

International Transaction Fees

2.75%

Reward Rate

None

Tailored For

None

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Riyad Bank

Private Banking

Monthly Salary Transfer Minimum (SAR)

International Transaction Fees

2.75%

Reward Rate

None

Tailored For

None

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Saudi National Bank

Wessam AlAhli Gold

Monthly Salary Transfer Minimum (SAR)

20,000

International Transaction Fees

1.50%

Reward Rate

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Saudi National Bank

Wessam AlAhli Platinum

Monthly Salary Transfer Minimum (SAR)

40,000

International Transaction Fees

0.00%

Reward Rate

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Saudi National Bank

Elite

Monthly Salary Transfer Minimum (SAR)

75,000

International Transaction Fees

0.00%

Reward Rate

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Saudi National Bank

Current Account

Monthly Salary Transfer Minimum (SAR)

International Transaction Fees

3.00%

Reward Rate

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Tweeq

Tweeq Mada Card

Reward Rate

Apply for our reward card & unlock exclusive perks and rewards

Cash Withdrawal Fee (SAR)

International Transaction Fee

2.50%

Monthly Salary Transfer Minimum (SAR)

International Transaction Fees

2.50%

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

BSF

Current Account

Monthly Salary Transfer Minimum (SAR)

International Transaction Fees

2.75%

Reward Rate

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

BSF

Classic Banking

Monthly Salary Transfer Minimum (SAR)

International Transaction Fees

3.00%

Reward Rate

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

BSF

Advance Banking

Monthly Salary Transfer Minimum (SAR)

International Transaction Fees

3.00%

Reward Rate

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

ANB

anb Gold Programme

Monthly Salary Transfer Minimum (SAR)

20,000

International Transaction Fees

2.88%

Reward Rate

Bill sadad (SAR 100+)

25.00

points per transaction

Local transfers (SAR 500+)

30.00

points per transaction

International transfers

200.00

points per transaction

Tailored For

None

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

ANB

anb Platinum Programme

Monthly Salary Transfer Minimum (SAR)

30,000

International Transaction Fees

2.88%

Reward Rate

Bill sadad (SAR 100+)

25.00

points per transaction

Local transfers (SAR 500+)

30.00

points per transaction

International transfers

200.00

points per transaction

Tailored For

None

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

ANB

anb Silver Programme

Monthly Salary Transfer Minimum (SAR)

7,000

International Transaction Fees

2.88%

Reward Rate

Bill sadad (SAR 100+)

25.00

points per transaction

Local transfers (SAR 500+)

30.00

points per transaction

International transfers

200.00

points per transaction

Tailored For

None

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

ANB

anb Youth Account

Monthly Salary Transfer Minimum (SAR)

International Transaction Fees

2.88%

Reward Rate

Bill sadad (SAR 100+)

25.00

points per transaction

Local transfers (SAR 500+)

30.00

points per transaction

International transfers

200.00

points per transaction

Tailored For

18-23 year olds

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Meem

OnePack Account

Monthly Salary Transfer Minimum (SAR)

International Transaction Fees

2.75%

Reward Rate

All Spend

3.00%

Capped Cashback

of Monthly Salary

10.00%

as Cashback over 6 months

Tailored For

None

Special Features

None

Extras

Airport Lounge Access

Concierge Service

View Offer

Al Rajhi Bank

Dependent Account

Monthly Salary Transfer Minimum (SAR)

International Transaction Fees

2.75%

Reward Rate

None

Tailored For

Children

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Al Rajhi Bank

Family Account

Monthly Salary Transfer Minimum (SAR)

International Transaction Fees

2.75%

Reward Rate

None

Tailored For

Families

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Alinma

Education Account

Monthly Salary Transfer Minimum (SAR)

International Transaction Fees

2.65%

Reward Rate

None

Tailored For

Education Workers

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Alinma

Family Account

Monthly Salary Transfer Minimum (SAR)

International Transaction Fees

2.65%

Reward Rate

None

Tailored For

Families

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Alinma

alinma Gold for Ladies

Monthly Salary Transfer Minimum (SAR)

International Transaction Fees

2.75%

Reward Rate

None

Tailored For

Ladies

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Alinma

alinma Platinum for Ladies

Monthly Salary Transfer Minimum (SAR)

International Transaction Fees

2.75%

Reward Rate

None

Tailored For

Ladies

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Alinma

alinma Diamond for Ladies

Monthly Salary Transfer Minimum (SAR)

International Transaction Fees

2.75%

Reward Rate

None

Tailored For

Ladies

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Alinma

Residents Package

Monthly Salary Transfer Minimum (SAR)

International Transaction Fees

2.75%

Reward Rate

None

Tailored For

Saudi Nationals

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Riyad Bank

Current Account

Monthly Salary Transfer Minimum (SAR)

International Transaction Fees

2.75%

Reward Rate

None

Tailored For

All

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Riyad Bank

Students Account

Monthly Salary Transfer Minimum (SAR)

International Transaction Fees

2.75%

Reward Rate

None

Tailored For

Students

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Riyad Bank

TOKEN Program

Monthly Salary Transfer Minimum (SAR)

International Transaction Fees

2.75%

Reward Rate

Zod Alajiya Program

Tailored For

Children

Special Features

TOKEN Bracelet

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

BSF

Elite Banking

Monthly Salary Transfer Minimum (SAR)

40,000

International Transaction Fees

3.00%

Reward Rate

None

Tailored For

None

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

BSF

Privilege Banking

Monthly Salary Transfer Minimum (SAR)

20,000

International Transaction Fees

3.00%

Reward Rate

None

Tailored For

None

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Al Rajhi Bank

Current (Classic) Account

Monthly Salary Transfer Minimum (SAR)

10,000

International Transaction Fees

2.75%

Reward Rate

None

Tailored For

None

Special Features

None

Price

Annual

Extras

Airport Lounge Access

Concierge Service

View Offer

Product Information

Introduction: Understanding Bank Accounts in Saudi Arabia

In today's world, having a bank account is important for managing your money, paying bills, and accessing financial services. Saudi Arabia has a modern banking system with many options for residents, expats, and businesses. This guide will help you learn about the different types of bank accounts and how to manage them in the Kingdom.

Types of Bank Accounts in Saudi Arabia

Current Accounts: Perfect for everyday transactions like paying bills and managing your personal finances.
Savings Accounts: Earn interest on your savings, making them great for long-term goals.
Islamic Banking Accounts: These follow Sharia law and offer profit-sharing instead of interest.
Corporate Accounts: Made for businesses and organizations to manage their finances.

Top Banks in Saudi Arabia

Al Rajhi Bank: The biggest Islamic bank in the world.
Saudi National Bank (SNB): Formed by the merger of NCB and Samba, a leading bank in the Kingdom.
Riyad Bank: Known for its large network of branches and great digital services.
SABB (Saudi British Bank): Offers both local knowledge and international banking services.
Alinma Bank: A fast-growing Islamic bank with modern banking options.

How to Open a Bank Account in Saudi Arabia

For Residents and Citizens:

Pick the bank you want to open an account with.
Gather the needed documents, such as your Iqama (residency permit) or National ID, passport, and proof of address.
Visit a branch or apply online if the bank offers that option.
Fill out the application form.
Wait 1 to 3 business days for your account to be activated.

For Expats and Visitors: Opening a bank account as an expat can be more difficult, but it's possible with some banks. You’ll usually need:

A valid passport
Proof of income or job
A residency permit (for long-term expats)
A minimum deposit (this varies by bank)

Online Banking Services

Most banks in Saudi Arabia offer convenient online and mobile banking. With these services, you can:

Check your account balance
Transfer money
Pay bills
Apply for loans or credit cards
Manage your investments

Key Features to Consider When Choosing a Bank Account

ATM Network: Choose a bank with many ATMs around the Kingdom.
International Transfer Fees: This is important if you're an expat who sends money home.
Mobile Banking App: Make sure the app is easy to use and has all the features you need.
Islamic Banking Options: If following Islamic principles is important to you, check if the bank offers Sharia-compliant accounts.
Customer Service: Look for banks that offer 24/7 support and service in multiple languages.

Common Banking Procedures

How to Check Your Bank Balance:

Use the bank’s mobile app
Visit an ATM
Call customer service
Log into online banking on your computer

Updating Your Information: You should update your bank details if you renew your Iqama, change your address, or get a new phone number. Most banks let you do this through their app or online.

Adding Beneficiaries for Transfers: To send money to someone else:

Log into your bank’s online platform or app.
Go to the "Add Beneficiary" section.
Enter the person’s bank details (IBAN, SWIFT code, etc.).
Wait for the bank to approve the new beneficiary.

International Banking Considerations

SWIFT Codes: Needed for international transfers. Each bank has a unique SWIFT code.
IBAN Numbers: Used to identify bank accounts when transferring money internationally.
Currency Exchange: Many banks in Saudi Arabia offer good rates for exchanging major currencies.

Security and Privacy

Saudi banks use strong security measures to protect your account. These include:

Two-factor authentication: A second step to verify your identity when logging in.
SMS Alerts: Messages sent to your phone to alert you about transactions.
Chip-and-PIN technology: Cards with extra security features.

Always keep your banking information private, and be careful about phishing scams.

Conclusion: Getting the Most Out of Your Saudi Bank Account

Whether you’re a long-time resident, a new expat, or a business owner, understanding how bank accounts work in Saudi Arabia is key to managing your money well. Choosing the right bank and account type, along with using online services, will make your banking experience easier.

Take the time to compare different banks, think about what you need, and don’t be afraid to ask questions. With the right plan in place, you’ll be ready to navigate the Saudi banking system and make smart financial decisions.

FAQs About Bank Accounts in Saudi Arabia

What documents do I need to open a bank account in Saudi Arabia?
- For residents and citizens, you will need your Iqama (residency permit) or National ID, passport, and proof of address. Expats may also need proof of employment or income.
Can expats open a bank account in Saudi Arabia?
- Yes, expats can open a bank account, but the process might be a bit more complex. You’ll usually need a valid passport, a residency permit, proof of income, and sometimes a minimum deposit.
What is the difference between a current account and a savings account?
- A current account is used for daily transactions like paying bills and shopping. A savings account is for long-term savings and usually offers interest or profit-sharing.
How long does it take to open a bank account in Saudi Arabia?
- Most banks will activate your account within 1 to 3 business days after you submit your application and required documents.
Can I open a bank account online?
- Some banks in Saudi Arabia allow you to open an account online through their website or mobile app. However, you may still need to visit a branch to complete the process or submit documents.
What should I do if I change my Iqama, address, or phone number?
- You should update your information with the bank as soon as possible. Most banks allow you to do this through their mobile app, website, or by visiting a branch.
How can I transfer money internationally?
- You can transfer money internationally using SWIFT codes and IBAN numbers through your bank’s online or mobile services. Some banks may charge fees for these transfers.
How do I check my bank balance?
- You can check your balance by:
  - Using the bank's mobile app
  - Visiting an ATM
  - Logging into online banking on a computer
  - Calling customer service
What banks in Saudi Arabia offer Islamic banking options that comply with Sharia law?
- Several banks in Saudi Arabia offer Islamic banking options, including Al Rajhi Bank, Alinma Bank, Saudi National Bank (SNB), Riyad Bank, Bank AlJazira, Al Bilad Bank, and Arab National Bank (ANB).
How do I keep my bank account secure?
- To keep your account secure:
  - Use two-factor authentication when logging in.
  - Set strong, unique passwords for your online banking accounts.
  - Enable SMS alerts for transactions.
  - Be cautious of phishing attempts and never share your banking details with anyone.