Credit Card

Credit Card

Description:

The credit card product is targeting Micro, Small, and medium enterprises [whose annual revenues do not exceed SAR 200 Million and the number of employees not exceeding 250].

Purpose: to fulfilling the short-term financing needs & to cover business expenses of MSMEs, such as:

1. Petty Cash: usual business payments such as office supplies, transportation supplies, and marketing expenses.
2. General Purposes: travel expenses for employees including flight tickets, hotel bookings, dining expenses, and car rentals.

Main Features

•    All sectors inclusive

•   Grace period up to 55 days
•    minimum of 1 year for Active CR
•    Financing up to 250 thousand SAR

* Terms and conditions apply 

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