The Economy website offers the advantages of an Islamic prepaid card from Saudi Riyad Bank.
The bank said on its website: Without the need to visit the branch, apply for a prepaid card from Riyad Bank via Riyad Online, the modern alternative to carrying cash so that you can control your daily expenses with ease.
Cash Withdrawal up to 100%
Accepted all over the world
A prepaid card that provides you with the modern alternative to carrying cash in your wallet through a smart security chip that ensures that you are assured of your money.
Cash withdrawal up to 100% of the deposited amount
The possibility of transferring money from the prepaid card to your current account
Daily withdrawal limit up to 5000 SAR
Accepted at all ATMs and debit machines in stores locally and internationally
Special offers and discounts on selected stores, restaurants and hotels
Easy to deposit money in the card
3D protection for your online purchases
Touchless payment service for purchases less than 300 riyals
The service of obtaining the password for your credit card immediately, comfortably and safely through your account in Riyad Online
How to submit your application
Visit a Riyad Bank branch with the following documents:
A copy of a valid national identity card for Saudis
A copy of the resident’s ID card or valid passport for non-Saudis
Salary certificate stating the date of commencement of work in the position
Prepaid card fee
Card issuance fee 50 riyals
Annual fee 50 riyals
Recharge fees through the branch / ATMs / and all electronic channels for free
Fee for issuing a replacement card due to the card being lost or stolen 30 riyals
Cash withdrawal fees through ATMs in local currency 5 riyals
Cash withdrawal fees through ATMs in foreign currencies 10 riyals
Free local POS transaction fees
Point of sale transaction fees (in foreign currencies) 2.75% of the transaction value
Account statement fee (upon customer request) 10 riyals
Process document application fee 50 riyals
