Sab — Saudi Arabia
Live offers from Sab in Saudi Arabia, tracked daily by Giraffy.
Live offers
- Advance Account
- SAB Visa Cashback Credit Card
- SAB Premier Mastercard Credit Card
- SAB Advance Visa Platinum
- Current Account
SAB (Saudi Awwal Bank), formerly known as SABB (The Saudi British Bank), is a full-service Islamic bank with HSBC Group heritage in Saudi Arabia. It rebranded to SAB in 2021 while HSBC Saudi Arabia became a separate entity. SAB offers credit cards, current and savings accounts, personal finance, home finance, auto finance, money transfer and prepaid cards. Its HSBC heritage gives it a strong international banking capability, making it popular with multinationals and expatriates. SAB has a mid-size branch network compared with Al Rajhi and Saudi National Bank.
| Provider | SAB (Saudi Awwal Bank) |
|---|---|
| Country | Saudi Arabia |
| Provider type | Full-service Islamic bank with HSBC heritage |
| Sharia compliance | 100% — all products are Sharia-compliant |
| Products | Credit cards, savings, accounts, home finance, personal finance, auto finance, prepaid cards, money transfer |
| Best for | Expatriates and multinationals who value HSBC Group's international banking relationships |
| Alternatives | BSF, ANB, Riyad Bank, Saudi National Bank |
Best for
- Expatriates and multinationals who have HSBC accounts internationally and want local banking continuity
- Corporate clients wanting a Saudi bank with strong international correspondent banking
- Users comparing mid-size banks for credit cards and savings accounts
Not ideal for
- Users who need the widest branch network — Al Rajhi and SNB are much larger
- Digital-first banking users — Alinma offers a better app-based experience
SAB vs alternatives
SAB vs BSF
International-heritage bank with Crédit Agricole ties. SAB vs BSF: Both are international-heritage Saudi banks. SAB has HSBC ties; BSF has Crédit Agricole ties. Compare credit card rewards and account terms.
SAB vs ANB
Mid-size Saudi bank with Arab Bank Group heritage. SAB vs ANB: Both are comparable mid-size banks. SAB's HSBC heritage suits internationally mobile users. ANB can be competitive on credit card annual fees.
SAB vs Riyad Bank
Third-largest Saudi bank with Al-Hilal cashback cards. SAB vs Riyad Bank: Riyad Bank is larger with a distinctive cashback card range. SAB suits users with existing HSBC international relationships.
SAB in Saudi Arabia — FAQ
Is SAB the same as SABB or HSBC Saudi Arabia?
SAB (Saudi Awwal Bank) is the renamed entity of what was SABB (The Saudi British Bank). In 2021, HSBC Saudi Arabia became a separate investment banking entity, while SAB continues to operate the retail banking arm with the same HSBC heritage but a new name.
Is SAB a good bank for expats in Saudi Arabia?
Yes. SAB's HSBC heritage and international banking connectivity make it a popular choice for expatriates who have existing HSBC banking relationships in their home countries.
SAB Bank Accounts: Tailored for Your Financial Goals
SAB Bank offers a range of bank accounts to meet the needs of various customers. Whether you’re looking for a simple transactional account or a long-term savings option, SAB Bank provides flexible and convenient banking solutions.
1. Current Accounts
The SAB Bank Current Account is designed for those who need easy access to their funds and a range of banking services with no hidden fees.
Key Features:
- No minimum balance required
- Access to funds via ATMs and online banking
- Free international remittances to select countries
- 24/7 account management through mobile banking apps
2. Savings Accounts
SAB Bank’s Savings Account provides a Sharia-compliant way to grow your wealth through profit-sharing mechanisms, allowing you to save while adhering to Islamic principles.
Key Features:
- Profit-sharing model instead of interest
- No account maintenance fees
- Online and mobile access for easy management
- Tailored for those who want to save for the future
Why Choose It?
- Current Account: If you need a hassle-free account for everyday transactions, this option is ideal due to its flexibility and ease of use, both online and in person.
- Savings Account : A great option for individuals looking for a compliant, secure way to save and grow their funds.
SAB Bank Credit Cards: Flexibility and Convenience
SAB Bank offers a wide variety of credit cards designed to meet the needs of different customers. Whether you prefer cashback, travel perks, or a fully Sharia-compliant credit solution, SAB has the right card for you.
Credit Card Options:
- SAB Cashback Card: Earn cash rewards on every purchase while enjoying low fees.
- SAB Platinum Card: Best for frequent travelers, offering travel insurance, airport lounge access, and more.
- Sharia-Compliant Card: Offers profit-sharing instead of interest, making it a perfect choice for customers who prefer Islamic banking principles.
Why Choose It?
SAB credit cards provide the perfect balance of flexibility, security, and rewards, all while ensuring full compliance with Islamic finance principles.
SAB Home Finance: Own Your Dream Home with Ease
Saudi Awwal Bank’s Home Finance offers Shariah-compliant Murabaha solutions for ready units, off-plan developments, self-build projects, and land purchases—provided in partnership with the Real Estate Development Fund and Ministry of Housing. Applicants can run instalment simulations via our Home Finance Calculator, choose flexible down-payment structures, defer initial instalments, and apply end-to-end through SAB Online, SAB Mobile, or at any branch
Why Choose SAB for Home Finance?
- hariah-compliant Murabaha structures approved by SAB’s Shariah Board
- Partnership with REDF and Ministry of Housing for down-payment support
- Flexible payment schedules tied to construction milestones
- Optional deferral of initial instalments and Takaful waiver protection
- Fully digital application and real-time progress tracking via SAB Online/Mobile and branches
SAB Personal Finance: Flexible Funding for Life’s Moments
SAB Personal Finance enables existing customers to apply for new or top-up financing via SAB Online or SAB Mobile, uploading required documents digitally and receiving an initial offer in minutes. Funds can be used for education, travel, healthcare, home improvements, or debt consolidation, with options to pause instalments or top up as needs evolve.
Why Choose SAB for Personal Finance?
- Shariah-compliant Tawarruq contracts approved by SAB’s Shariah Board
- Instant digital pre-qualification and e-document upload
- Flexible-purpose financing with adjustable repayment plans
- Instalment-pause and top-up options to suit changing cash flows
- 24/7 access via SAB Online, SAB Mobile, or branch network