Platinum Cashback Credit CardSAIB · Islamic
Annual feeSAR 458.85incl. VAT
APR54.99%
Foreign fee2%
Up to 10% cashback on education, dining, fuel and supermarkets, tiered by monthly spend
Visa Platinum Credit Card
SAIBVisaPlatinumIslamic
The annual fee for Visa Platinum Credit Card is SAR 345, including 15% VAT. Free for Gold and Platinum segment customers; 300 for Silver segment (fees effective 10 April 2025). The bank does not publish a minimum salary for this card on its website. Ask the bank before you apply.
Checked against the bank's own pages on 27 Sep 2026. Apply opens the bank's own site.Annual feeSAR 345incl. VAT
Monthly rate2.49%
APR39.63%2.49% a month
Foreign fee2%
Rewards
- 1 WooW point per SAR in KSA/GCC and other countries0.5 point per SAR in Europe and UK; 1 point per SAR on cash withdrawals outside KSA (WooW programme summary effective 28 Aug 2025)
Benefits the bank lists
- 1000+ airport lounges worldwide
- Visa Luxury Hotels Collection
- Airport Meet and Assist service
- Up to 15% car rental discounts at 450+ destinations
- The Entertainer
- Purchase protection and extended warranty
Questions people ask
What is the annual fee for the Visa Platinum Credit Card?
The annual fee for Visa Platinum Credit Card is SAR 345, including 15% VAT. Free for Gold and Platinum segment customers; 300 for Silver segment (fees effective 10 April 2025).
What salary do I need for the Visa Platinum Credit Card?
The bank does not publish a minimum salary for this card on its website. Ask the bank before you apply.
What is the profit rate on the Visa Platinum Credit Card?
The bank publishes an APR of 39.63% for this card, and the monthly rate is 2.49%. The APR includes fees, so it is higher than the monthly rate times 12.
Does the Visa Platinum Credit Card charge a foreign transaction fee?
Purchases in a foreign currency carry a fee of 2% of the amount.
Fee conditions
Free for Gold and Platinum segment customers; 300 for Silver segment (fees effective 10 April 2025)
Sources
- Bank's product page
- Bank document 1 (saib.com.sa)
- Bank document 2 (saib.com.sa)
- Bank document 3 (saib.com.sa)
Where a bank does not publish a figure, we leave it blank instead of guessing.
Other cards from SAIB
Visa Signature Credit CardSAIB · Islamic
Annual feeSAR 575incl. VAT
APR39.63%
Foreign fee2%
1 WooW point per SAR in KSA/GCC, 2 per SAR in other countries
Visa Infinite Credit CardSAIB · Islamic
Annual feeSAR 920incl. VAT
APR39.63%
Foreign fee2%
1.5 WooW points per SAR in KSA/GCC, 2.5 per SAR international (ex Europe/UK)