More than just a Credit Card, the meem Platinum Credit Card is for those who value reliability.
With no hidden fees, our Shariah Compliant Credit Card offers you the luxury of
knowing your commitment upfront, without any surprises.
Features
meem As'hal Program
Convert your purchases into 0% installments
Near Field Communication (NFC)
Fast point of sale Transactions
Up to 30% cash withdrawal from total available balance
Switch on ``Safe-mode`` on your card when it’s not needed
Our Credit Card is Shariah Compliant
One of the lowest FX rates in the Kingdom, our 1.3% conversion rate makes it one of the best companions for travel
Airport lounge access to over 25 lounges globally
Customer eligibility and conditions:
Product | Credit Card | ||||
Nationality | Saudi | Expatriates ** | |||
Fulfillment | STP : If the customer provided GOSI certificate | ||||
One A/c Held | Yes | Yes | |||
Minimum Age at Commencement (Years-G) | 18 | 18 | |||
Maximum Age at Maturity (Years-G) | Retirement Age s.t. max 65 | Retirement Age s.t. max 65 | |||
Minimum Salary (SAR) | SAR 5000 | A&B: 5000 | |||
Whitelist Employer * | Yes | Yes | |||
Minimum Period in Employment (Govt Sector) | 1 Month | ||||
Minimum Period in Employment (Pvt Sector) | 1 year | 2 years | |||
Minimum Existing SIMAH History | 12 months only for class C | ||||
Minimum Credit Limit (SAR) | SAR 5000 | 10,000 |
| 10,000 | 10,000 |
Maximum Credit Limit (SAR) | start from 1 salary to 4 salary maximum | ||||
Debt Burden Ratio (DBR) | |||||
- Employed ( Saudis / Expats) | 33.33% | 33.33% | |||
-Retired | 25.00% | No | |||
Illustration:
| APR | Credit Card Purchase Rate | Minimum repayment Amount | Months until Balance Repaid |
| 24% | 2% | 5% | 60 months |