Riyad Bank — Saudi Arabia
Live offers from Riyad Bank in Saudi Arabia, tracked daily by Giraffy.
Live offers
- Silver Banking
- Mada World SME Card
- Mada Classic Card
- Mada Diamond World Card
- Riyad Bank Fixed Savings KSA
Riyad Bank is Saudi Arabia's third-largest bank, offering a full suite of Islamic banking products including credit cards, savings, home finance, personal finance, auto finance, auto leasing, international money transfer and prepaid cards. It is best known for its Al-Hilal branded cashback Mastercard range and AlFursan airline miles partnerships. Riyad Bank has a strong digital banking platform and over 300 branches nationwide. The Al-Hilal partnership (named after Al-Hilal FC, Saudi Arabia's most successful football club) gives the bank a distinct identity in the local market.
| Provider | Riyad Bank |
|---|---|
| Country | Saudi Arabia |
| Provider type | Full-service Islamic bank — third largest in Saudi Arabia |
| Sharia compliance | 100% — all products are Sharia-compliant |
| Products | Credit cards, savings, accounts, home finance, auto finance, personal finance, prepaid cards, money transfer |
| Best for | Cashback earners (Al-Hilal Mastercard range) and SAUDIA frequent flyers (AlFursan Visa) |
| Alternatives | Al Rajhi Bank, Saudi National Bank, Alinma, BSF |
Best for
- Cashback earners who want the Al-Hilal Mastercard range
- SAUDIA frequent flyers who want AlFursan Visa Infinite or Signature miles cards
- Customers who want a full-service bank with broad branch access
- Home buyers looking for Islamic Murabaha home finance options
Not ideal for
- Digital-only users who prefer app-first banking — Alinma is a better choice
- Expatriates who need best-rate international money transfer (use specialist services)
- Users who want conventional non-Islamic banking products
Riyad Bank Al-Hilal cashback Mastercard
The Al-Hilal branded Mastercard range offers tiered cashback rewards with three tiers: Platinum, World and World Elite.
- Al-Hilal Platinum Cashback: SAR 300/year
- Al-Hilal World (cashback): SAR 1,500/year
- Al-Hilal World Elite Cashback: SAR 3,000/year
- Cashback earned on local and international spend
Best for: High-spending users who want cashback credit cards with Al-Hilal FC prestige.
Riyad Bank AlFursan Visa airline miles cards
Riyad Bank offers SAUDIA AlFursan miles on its Visa Platinum and Infinite credit cards, plus the Dream Card for miles-earning.
- AlFursan Visa Platinum: SAR 1,000/year
- AlFursan Visa Infinite: SAR 2,000/year
- Dream Card: SAR 1,300/year
- Miles earned on all card spend, redeemable on SAUDIA flights
Best for: SAUDIA frequent flyers who want to earn AlFursan miles on card spending.
Riyad Bank vs alternatives
Riyad Bank vs Al Rajhi Bank
World's largest Islamic bank with deep home/auto finance and widest branch reach. Riyad Bank vs Al Rajhi: Al Rajhi has more branches. Riyad Bank's Al-Hilal Mastercard World Elite (SAR 3,000/year) targets premium cashback earners. Al Rajhi's Cashback Plus Signature (SAR 450/year) is stronger at the mid tier.
Riyad Bank vs Saudi National Bank
Saudi Arabia's largest bank — widest ATM and branch network. Riyad Bank vs SNB: SNB is larger by assets. Riyad Bank has the Al-Hilal branded cashback differentiation. Both offer comparable Islamic finance and home/auto finance products.
Riyad Bank vs BSF
International banking with Crédit Agricole heritage. Riyad Bank vs BSF: Both are mid-large Saudi banks. Riyad Bank has a wider branch network. BSF has stronger international banking links. Compare credit card annual fees and rewards on current offers.
Riyad Bank vs Alinma
Digital-first Islamic bank with strong mobile banking. Riyad Bank vs Alinma: Alinma is stronger for mobile-app-first users. Riyad Bank has more physical branches and a longer history. Compare credit card rewards rates for your typical monthly spend.
Riyad Bank in Saudi Arabia — FAQ
What is the Al-Hilal credit card?
The Al-Hilal Mastercard is Riyad Bank's co-branded cashback credit card range, named after Al-Hilal FC. It comes in Platinum (SAR 300/year), World (SAR 1,500/year) and World Elite (SAR 3,000/year) tiers, each earning cashback on local and international spend.
Does Riyad Bank offer AlFursan miles?
Yes. Riyad Bank's AlFursan Visa Platinum (SAR 1,000/year), AlFursan Visa Infinite (SAR 2,000/year) and Dream Card (SAR 1,300/year) all earn SAUDIA AlFursan miles on spending.
Is Riyad Bank Islamic?
Yes. All Riyad Bank products are fully Sharia-compliant. There are no conventional interest-bearing products.
How does Riyad Bank compare to Al Rajhi Bank?
Al Rajhi has the largest branch network and is the world's biggest Islamic bank by capital. Riyad Bank is the third-largest Saudi bank and differentiates with the Al-Hilal cashback cards and AlFursan Visa Infinite at the premium tier.
Riyad Bank Accounts: Tailored Solutions for Every Financial Need
Riyad Bank offers flexible banking solutions with a variety of account options to meet everyday financial needs.
1. Current Accounts
Riyad Bank’s current accounts provide ease and flexibility for managing daily transactions. Customers enjoy access to digital banking, fee-free ATM withdrawals, and international remittance services.
Key Features:
- No minimum balance
- Access to 2,600+ ATMs
- Online and mobile banking
- Debit card with global acceptance, including for airlines like Saudi Airlines Miles and MEA Airlines Cedar Miles.
2. Savings Accounts
Riyad Bank's savings accounts offer a Sharia-compliant profit-sharing model, helping customers grow their savings over time.
Key Features:
- Profit-sharing in line with Islamic finance principles
- No account maintenance fees
- Flexible access through digital channels
- Quarterly profit distributions
Why Choose Riyad Bank for Accounts?
- Current Account: Ideal for individuals looking for hassle-free banking with international access and seamless transaction options.
- Savings Account: Perfect for anyone looking to grow their savings while adhering to Islamic finance principles.
Riyad Bank Credit Cards: Unlock Exclusive Rewards and Travel Benefits
Riyad Bank’s credit cards offer convenience, security, and attractive rewards, including air miles, cashback, and travel perks. Whether you're interested in earning miles with airlines such as MEA Airlines Cedar Miles or Saudi Airlines Miles, Riyad Bank credit cards can help you maximize your spending rewards.
Popular Credit Cards:
- Riyad Bank Cashback Visa Signature Credit Card
Ideal for those seeking cashback on every purchase, this card offers up to 10% cashback on selected categories, making it perfect for day-to-day spending both locally and internationally. - Riyad Bank AlFursan Visa Infinite Credit Card
Earn miles on every purchase that can be redeemed with airline partners such as Saudia Airlines, offering exclusive travel benefits, including complimentary access to airport lounges and travel insurance. - Riyad Bank Visa Signature Islamic Credit Card
A Sharia-compliant card that offers a profit-sharing model instead of interest, ensuring alignment with Islamic principles.
Why Choose Riyad Bank for Credit Cards?
- Flexible payment options
- Rewards for spending, including airline miles with partners like Saudi Airlines and Ethiopian Airlines Sheba Miles
- Robust security features for local and international purchases
- Access to exclusive travel benefits, including American Airlines Buy Miles Promotions
Riyad Bank Home Finance: Step Into Your New Home
Riyad Bank Home Finance offers both Murabaha and Ijarah financing for ready-to-move properties, off-plan developments, and self-build projects. Applicants can choose flexible down-payment structures—from zero down payment for eligible clients to staggered payments tied to construction milestones—with optional Takaful life and property insurance.
The entire journey—from eligibility check and document upload to property valuation and e-signing—can be handled digitally via Riyad Bank Online or the Mobile App, or in person at any branch, with support from dedicated home-finance specialists.
Why Choose Riyad Bank for Home Finance?
- Shariah-compliant Murabaha and Ijarah structures approved by our Shariah Board
- High financing ratios for broader property coverage
- Optional deferral of initial installments
- Flexible tenure and early-repayment options
- Multi-channel application and real-time tracking
Riyad Bank Personal Finance: Empowering Your Aspirations
Riyad Bank Personal Finance provides Murabaha and Tawarruq financing tailored for education, travel, home improvements, healthcare, and debt consolidation. Customers benefit from instant pre-qualification via the Mobile App, simplified document upload (only ID and salary proof required), and funds disbursed directly into any Saudi bank account. Optional installment pause and top-up features allow borrowers to adjust repayment schedules in response to changing cash flows. Dedicated advisors are available in-app or in-branch to guide you through restructuring or refinancing if your needs evolve.
Why Choose Riyad Bank for Personal Finance?
- Shariah-compliant Murabaha and Tawarruq solutions
- Instant pre-qualification and rapid fund disbursal
- Flexible use-of-proceeds for any personal need
- No mandatory salary-transfer for eligible customers
- 24/7 digital application and management
Riyad Bank Auto Leasing: Drive Without Boundaries
Riyad Bank Auto Leasing offers Ijarah-based leases for brand-new and certified pre-owned vehicles, featuring online lease calculators, customizable mileage allowances, and the option to add comprehensive Takaful or maintenance packages.
The fully digital application process lets you choose your vehicle via approved dealership listings in the Mobile App, upload your documents, and receive lease approval in minutes. You can track your remaining lease term, schedule early-ownership buyout requests, or extend your lease seamlessly through the app or branch network.
Why Choose Riyad Bank for Auto Leasing?
- Shariah-compliant Ijarah lease agreements
- Flexible tenure and installment customization
- Option to transfer ownership at your convenience
- Digital application and instant eligibility check
- Insurance and maintenance packages available