Credit Card Application in Saudi Arabia
A credit card is a type of payment card that uses a line of credit rather than the account holder’s cash deposits to make purchases. Almost all Saudi banks issue credit cards to their clients. Banks in Saudi Arabia offer a variety of Visa and Master Card credit cards. You can apply for a Credit Card in Saudi Arabia if you meet the following requirements (This is an average set of requirements. Bank-to-bank requirements may vary.)
- Valid Iqama
- Salary must be transferred to any Saudi Arabian bank account.
- Salary must be more than SR 4,000
- Good Credit Record: Check your credit Record with SIMAH
If you believe you meet the above criteria, gather the following documents and visit your nearest branch to apply. (Requirements may vary bank-to-bank)
1- Salary Certificate attested by the Chamber of Commerce
2- Last 6 months bank statement
3- Copy of Iqama or Muqeem Card
4- Copies of your Passport
The bank’s review of your application could take weeks, and banks typically provide a credit limit of 150 percent to 200 percent of your one-month salary.
You will receive an SMS notification once your credit card application in Saudi Arabia has been approved. In order to track the delivery of your credit card, you will also be given a courier tracking number.
You can activate your card by visiting an ATM or using Internet Banking once it has arrived.