Al Rajhi Bank — Credit Cards, Fees, Personal Finance & Accounts
Al Rajhi Bank is the world's largest Islamic bank by capital and one of Saudi Arabia's largest financial institutions, with over 550 branches across the Kingdom. All products are fully Sharia-compliant. It offers a wide range of credit cards, savings accounts, home finance (Murabaha), auto finance, personal finance, prepaid cards, investment accounts and money transfers. Key products include the AlFursan airline miles credit cards, Cashback Plus credit card range, Hassad and Awaeed savings accounts, and an auto leasing programme. Al Rajhi's digital app and ATM network are among the most extensive in the country.
Live offers
- Private Banking (Infinite) Account
- Dependent Account
- Family Account
- Current (Classic) Account
- Affluent (Platinum) Account
| Provider | Al Rajhi Bank |
|---|---|
| Country | Saudi Arabia |
| Provider type | Full-service Islamic bank |
| Sharia compliance | 100% — all products are Sharia-compliant |
| Live offers on Giraffy | 36 offers across 12 product categories |
| No-fee credit cards | 4 cards at SAR 0/year (Platinum, Signature, Selective, Infinite); 2.20% monthly profit rate |
| Personal finance | From 2.64% APR, up to SAR 5,000,000 over 60 months; min. salary SAR 4,000 (Saudi) / SAR 5,000 (expat) |
| Auto finance | Murabaha from 5.50% APR, up to SAR 2,000,000; min. salary SAR 1,900 |
| Products | Credit cards, savings, home finance, auto finance, personal finance, prepaid cards, investing, money transfer |
| Best for | Full-service Islamic banking with the widest branch network in Saudi Arabia |
| Main trade-off | Pricing on some products may be matched or beaten by newer digital banks like Alinma |
| Alternatives | Saudi National Bank, Riyad Bank, Alinma |
Best for
- Users who want full-service Sharia-compliant banking in one place
- Frequent Saudi Airlines (SAUDIA) flyers who want AlFursan miles on a credit card
- Customers who value the widest branch and ATM network in Saudi Arabia
- Families using domestic worker insurance through the bank
- Home buyers looking for Islamic Murabaha home finance
Not ideal for
- Users who want conventional (non-Islamic) banking products
- Digital-only users who never visit branches and prefer app-first banks
- Travellers looking for the best international money transfer rates — specialist services may be cheaper
Al Rajhi Bank credit cards
Al Rajhi offers four no-annual-fee credit cards, Classic, Platinum and Infinite charge cards, Cashback Plus cards, and the Marriott Bonvoy, AlFursan and flynas co-branded cards — 12 live credit cards on Giraffy.
- Platinum, Signature, Selective and Infinite Credit Cards: SAR 0 annual fee, 2.20% monthly profit rate, 5% minimum monthly payment
- Cashback Plus Platinum: SAR 250/year; Cashback Plus Signature: SAR 450/year (10% back on dining, capped at SAR 200)
- flynas Signature Credit Card: SAR 500/year
- Classic Charge Credit Card: SAR 370/year
- Platinum Charge Credit Card: SAR 370/year
- Marriott Bonvoy Credit Card: SAR 1,200/year
- AlFursan Infinite Credit Card: SAR 1,000/year
- All cards are Sharia-compliant charge or credit cards
Best for: Frequent hotel-stayers (Marriott Bonvoy) or SAUDIA flyers (AlFursan).
Compare credit cards in Al Rajhi Bank in Saudi Arabia: 36 live plans compared
Al Rajhi savings accounts
Al Rajhi offers several Islamic savings products: Awaeed for regular prize draws, Hassad for loyalty benefits, Million Account and Future Account for goal-based saving.
- Awaeed Account: prize-draw savings
- Hassad Account: loyalty-based rewards
- Million Account: aspirational goal savings
- Future Account: long-term saving with competitive profit rates
Best for: Savers who want a Sharia-compliant account with rewards and prizes.
Compare savings in Al Rajhi Bank in Saudi Arabia: 36 live plans compared
Al Rajhi Home Finance (Murabaha)
Al Rajhi Home Finance uses the Murabaha structure (bank buys and sells the property at a markup) to provide Sharia-compliant mortgage alternatives.
- Available for Saudi nationals and eligible expatriates
- Covers ready-built and off-plan properties
- Financing up to 90% of property value for eligible buyers
- REDF-linked subsidised options available
Best for: Saudi nationals using REDF support or first-time buyers wanting Islamic home finance.
Compare home finance in Al Rajhi Bank in Saudi Arabia: 36 live plans compared
Al Rajhi personal and auto finance
Al Rajhi lists a personal finance buyout, Auto Murabaha and several auto leasing programmes on Giraffy.
- Personal Finance Buyout: from 2.64% APR, up to SAR 5,000,000, 60 months max, 1% admin fee
- Minimum salary SAR 4,000 for Saudi nationals and SAR 5,000 for expatriates; salary transfer required
- Auto Murabaha: from 5.50% APR, up to SAR 2,000,000 over 60 months, 0%–50% down payment
- Auto Leasing Program: from 4.55% APR; Auto Lease 50/50 from 10.37% APR (4 years)
Best for: Salaried borrowers who want a high Sharia-compliant finance limit.
Compare personal finance in Al Rajhi Bank in Saudi Arabia: 36 live plans compared
Al Rajhi prepaid cards
Four Al Rajhi prepaid cards are live on Giraffy, two of them with no annual fee.
- Digital Cashback: SAR 0/year, 0.60% local and 1% international cashback
- Gamers Card: SAR 0/year, up to 20% capped cashback on online gaming platforms
- Travel Plus: SAR 150/year with a 1% foreign transaction fee
- tasawaq card: SAR 115/year, 1 point per SAR locally and 2 abroad
Best for: Cashback on everyday spend without a credit check.
Compare prepaid cards in Al Rajhi Bank in Saudi Arabia: 36 live plans compared
Al Rajhi Bank vs alternatives
Al Rajhi Bank vs Saudi National Bank
Largest bank in Saudi Arabia with AlAhli branded products. Al Rajhi vs SNB: Both are the two largest banks in the Kingdom. SNB offers broader international banking capabilities post Samba merger. Al Rajhi leads on Islamic finance product depth and branch reach.
Al Rajhi Bank vs Riyad Bank
Third-largest bank with Al-Hilal branded cashback cards. Al Rajhi vs Riyad Bank: Riyad offers the Al-Hilal Mastercard World Elite cashback card at SAR 3,000 annual fee tier. Al Rajhi's Cashback Plus Signature at SAR 450 annual fee is competitive for mid-range cashback.
Al Rajhi Bank vs Alinma
Digital-first Islamic bank with strong app experience. Al Rajhi vs Alinma: Alinma is a strong digital-first alternative with comparable Islamic finance products. Al Rajhi has more branches and a longer track record. Alinma is better for users who prefer app-first banking.
Al Rajhi Bank vs ANB
Arab National Bank with a different airline miles card partnership. Al Rajhi vs ANB: Both offer AlFursan airline miles cards. Compare annual fees and miles earn rates. Al Rajhi has more physical branch locations.
Al Rajhi Bank in Al Rajhi Bank in Saudi Arabia: 36 live plans compared — FAQ
What are the Al Rajhi credit card fees?
On Giraffy's data, the Al Rajhi Platinum, Signature, Selective and Infinite Credit Cards have a SAR 0 annual fee and a 2.20% monthly profit rate, with a 5% minimum monthly payment. Late payment costs SAR 100 and a replacement card SAR 15; supplementary cards are SAR 50 a year on Platinum, Signature and Selective. Cashback Plus Platinum is SAR 250 a year, Cashback Plus Signature SAR 450, flynas Signature SAR 500 and Marriott Bonvoy SAR 1,200.
What are the Al Rajhi Bank personal finance requirements?
Al Rajhi's Personal Finance Buyout starts from 2.64% APR, up to SAR 5,000,000 over a maximum of 60 months. The minimum salary is SAR 4,000 for Saudi nationals and SAR 5,000 for expatriates and residents, salary transfer to Al Rajhi is required, and there is a 1% admin fee. Your actual rate depends on your employer and credit profile.
Does Al Rajhi Bank have a credit card with no annual fee?
Yes. The Al Rajhi Platinum, Signature, Selective and Infinite Credit Cards are listed on Giraffy at SAR 0 annual fee with a 2.20% monthly profit rate. The Classic, Platinum and Infinite charge cards cost SAR 370 a year but carry no profit rate because the balance is paid in full each month.
Does Al Rajhi Bank offer a prepaid card?
Yes. Giraffy lists four Al Rajhi prepaid cards: Digital Cashback and Gamers Card (SAR 0/year, 0.60% local and 1% international cashback, 2% foreign transaction fee), Travel Plus (SAR 150/year, 1% foreign transaction fee) and tasawaq (SAR 115/year).
Is Al Rajhi Bank the best bank in Saudi Arabia?
Al Rajhi Bank is consistently rated among the top banks in Saudi Arabia and is the world's largest Islamic bank by capital. It leads on branch reach, Islamic finance product depth and credit card variety. Other banks like Saudi National Bank and Riyad Bank are strong alternatives depending on the product.
Does Al Rajhi Bank offer interest-free banking?
Yes. All Al Rajhi products are Sharia-compliant and operate on Islamic finance principles, using structures like Murabaha (cost-plus sale) and Takaful (cooperative insurance) instead of conventional interest.
What is the best Al Rajhi credit card?
The best Al Rajhi credit card depends on your spending. AlFursan Infinite (SAR 1,000/year) suits SAUDIA frequent flyers. Cashback Plus Platinum (SAR 250/year) and Signature (SAR 450/year) suit everyday cashback earners. Marriott Bonvoy (SAR 1,200/year) suits Marriott hotel guests.
What are Al Rajhi savings accounts?
Al Rajhi offers Awaeed (prize-draw savings), Hassad (loyalty rewards), Million Account and Future Account. All are Sharia-compliant profit-sharing savings products rather than interest-bearing accounts.
What is Al Rajhi auto leasing?
Al Rajhi Auto Lease uses a 50/50 structure where you pay roughly half the car value upfront and finance the rest over 2–4 years, then own the vehicle at the end. It is a Sharia-compliant alternative to conventional car loans.
Does Al Rajhi offer money transfer?
Yes. Al Rajhi Bank offers international money transfer services, but for the best rates for expatriate remittances, it is worth comparing specialist services like Al Rajhi Exchange, Western Union, Wise and Remitly on Giraffy.
Al Rajhi Bank Accounts: Flexible Banking for Everyone
1. Current Accounts
Al Rajhi's current accounts provide an easy way to manage your daily financial transactions. With no monthly fees and easy access through online banking, mobile apps, and ATMs, this account is perfect for managing your personal finances.
- Key Features:
- No minimum balance required.
- Instant access to funds through ATMs across Saudi Arabia.
- Online banking and mobile app access for easy management.
- Free international remittances to select countries.
- Why Choose It?
- Ideal for everyday banking needs with easy access to funds and no fees.
2. Savings Accounts
Al Rajhi Bank’s savings accounts are designed for those looking to save money over time while earning profits. These accounts follow Sharia principles, offering profit-sharing instead of interest.
- Key Features:
- Profit-sharing model based on Sharia principles.
- Flexible account management through mobile and online banking.
- No fees for opening or maintaining the account.
- Why Choose It?
- Great for customers seeking a Sharia-compliant way to save and grow their money.
Why Choose Al Rajhi for Accounts?
- Current Account: Ideal for everyday banking needs with easy access to funds and no fees.
- Savings Account: Great for customers seeking a Sharia-compliant way to save and grow their money.
Airline Miles Credit Cards
These cards are great.
Al Rajhi Auto Finance: Drive with Ease
Al Rajhi Bank makes car ownership simple through its flexible auto finance solutions, ideal for both new and used vehicles.
- Auto Finance Plans:
○ Wide choice of cars and dealers across Saudi Arabia.
○ Murabaha-based finance with transparent profit margins.
○ Lease-to-own and direct purchase models.
○ Online pre-approval and car price calculators.
Why Choose Al Rajhi for Auto Finance?
● No down payment offers with select vehicles.
● Free insurance or maintenance in promotional bundles.
● Convenient payment plans with easy auto-debit setup.
● End-of-term ownership with no balloon payment.
● Fully digital financing process through the Al Rajhi app.
Al Rajhi Auto Leasing: Flexible, Shariah-Compliant Mobility Solutions
Al Rajhi Bank makes driving your dream car easy with flexible, Shariah-compliant auto leasing solutions for both new and certified used vehicles.
- Auto Leasing Plans:
- Wide selection of vehicles and dealerships across Saudi Arabia.
- Shariah-compliant leasing based on Islamic finance principles.
- Lease-to-own model offering a clear path to eventual ownership.
- Online pre-approval and leasing calculators for quick, convenient applications.
Why Choose Al Rajhi for Auto Leasing?
- No down payment offers available on select lease deals.
- Free insurance or maintenance included with promotional packages.
- Flexible lease terms with convenient monthly auto-debit options.
- Lease-to-own structure with clear end-of-term ownership — no balloon payment surprises.
- Fully digital leasing process through the Al Rajhi mobile app for a seamless experience.
Cashback Credit Cards
Credit Cards
Al Rajhi Bank Domestic Helper Insurance: Caring Coverage for Your Household Staff
Al Rajhi Bank’s Domestic Helper Insurance delivers tailored protection for live-in staff, combining comprehensive medical benefits with accident cover, emergency evacuation, and repatriation services. You can choose between Basic and Premium packages to suit different budgets and care needs, define coverage limits online or at any branch, and complete purchase instantly via the Al Rajhi Mobile app or Online Banking. Multilingual customer support and direct-billing arrangements with leading medical providers ensure fast, hassle-free service whenever it’s needed.
Why Choose Al Rajhi Bank for Domestic Helper Insurance?
- Shariah-compliant plans with clear, transparent terms
- Choice of Basic or Premium packages to fit any household
- Direct billing with top medical networks for cashless claims
- Instant purchase and policy issuance via app or online
- 24/7 bilingual claims support and emergency assistance
Al Rajhi Home Finance: Make Your Dream Home a Reality
Whether buying, building, or refinancing, Al Rajhi Bank offers reliable, Shariah-compliant home finance solutions with flexible terms and exceptional service.
- Home Purchase & Construction Finance:
○ Long-term repayment plans up to 25 years.
○ Government housing support through Sakani & REDF.
○ Ijarah and Murabaha financing models.
○ Options for joint finance with spouse or family.
Why Choose Al Rajhi for Home Finance?
● Simple, fast approval process with digital applications.
● Competitive profit rates and no hidden fees.
● Support with documentation and property evaluation.
● Products aligned with Islamic law and lifestyle needs.
● Compatible with government-supported housing initiatives.
Al Rajhi Personal Finance: Fast Funds, Flexible Terms
Al Rajhi offers personal finance options for individuals needing quick, Shariah-compliant financial support—whether for travel, education, or emergencies.
- Personal Finance Features:
○ Approval within hours via mobile or website.
○ Available with or without salary transfer.
○ Murabaha-based profit structure with no interest.
○ Financing up to SAR 2 million.
Why Choose Al Rajhi for Personal Finance?
● 100% Shariah-compliant financing.
● Flexible repayment periods up to 60 months.
● Top-up and refinance options available.
● Instant eligibility checks via mobile app.
● No early settlement penalties in most cases.
Prepaid Cards
Al Rajhi Savings Products: Secure and Profitable
Designed to help customers achieve financial growth and peace of mind, Al Rajhi’s savings plans are Shariah-compliant and tailored for various life stages and goals.
- Goal-Based Savings Plans:
○ Build savings gradually through automated contributions.
○ Targeted plans for education, travel, or home projects.
○ Linked to profit-generating Islamic investment models.
○ Full visibility through digital banking platforms.
Why Choose Al Rajhi for Savings?
- Competitive, Shariah-compliant profit rates.
- Flexible savings duration and contribution levels.
- Trusted investment and fund management.
- Tools to visualize and track your savings goals.
- No hidden fees or charges on withdrawals.
Al Rajhi Credit Cards: Find the Perfect Card for Your Needs
Al Rajhi Bank offers a variety of credit cards designed to provide convenience, security, and valuable rewards. Whether you're looking for cashback, travel rewards, or a fully Sharia-compliant card, Al Rajhi has options to suit your financial needs. Each card is tailored to offer flexibility and unique benefits, making it easier for you to manage your finances while enjoying exclusive perks.
Why Choose Al Rajhi for Credit Cards?
- Sharia-compliant: Interest-free and fee-transparent, aligning with Islamic principles.
- Mokafaa Rewards: Earn and redeem points for travel, shopping, and bills tailored for Saudi lifestyles.
- Installment Plans: Repay large purchases with zero added costs, unique to Al Rajhi.
- Extensive Acceptance: Widely accepted in KSA and abroad for convenient use.
- Multilingual Support: Dedicated assistance for expats and residents in multiple languages.