What are the features of Tamkeen Plus Signature Credit Card?
- Compatible with Bank Albilad Shariah Committee
- Earn up to 2.15% on daily purchases with Mukafaat Albilad, available until 31 May, 2025.
Welcome points offer is available for new Cards until 31 May, 2025.
The offer to issue the Tamkeen Plus card for free for life is available until 31 May, 2025. - The card can be used for online purchases, POS, or ATM locations across Saudi Arabia and around the world
- Easy to add it to Apple Pay and
Mada Pay
- Get a statement periodically
- Pay the card in easy monthly installments of only 5% of the outstanding amount or 200 riyals (whichever is higher)
- Follow your purchases via mobile text messages
- Take advantage of the
Mukafaat rewards program for travel and tourism rewards, purchase vouchers or even cashback!
- Competitive exchange and exchange rate when shopping around the world
Airport VIP lounges access: Experience the luxuries life with Airport VIP lounges access at over 1200 airport lounges globally through Visa Airport CompanionFor more information concerning participating lounges Click here
- Travel insurance for more information
click here
- Multi-travel travel insurance provides coverage for you and your family during all travel in a 90-day period
- Emergency assistance: This service includes the following cases:
- Card loss or theft reporting service
- Replace the card in case of emergency
- Cash in case of emergency
- Permission to pay in case of emergency
- Luxury Hotel Group
VLHC
- Extended warranty: This service allows you the repair period guaranteed by the manufacturer's warranty up to 1 year
- The card can be issued to customers other than salary transfers
- Protection: The card provides protection to the holder, covering medical and legal referrals as well as protection of purchases
- Dragon pass (Dine and Fly) dining program at the airport
- Enjoy a 12% discount on bookings at more than 985,000 hotels and holiday destinations around the world from
AGODA
- General Benefits: this includes
- Lifestyle offers and benefits
- Shopping privileges
- Protection against fraud and card misuse
- For more info about card features provided by Visa
click here
SmartDelay will provide you with complimentary access to one of over 1300+ airport lounges in more than 500 airports across 100+ countries in case of flight delay.For more information on SmartDelay, click here
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FAQ
What is Tamkeen Plus Credit Card?Tamkeen Plus is a high limit sharia compliant credit card allows for flexible repayment. The Card has a profit rate of 1.8% per month.
Is Tamkeen Plus credit card compatible with sharia committee?Tamkeen Plus credit card is based on murabaha financing where goods are purchased and sold with the customer's consent to issue the card.
Are there any interest or profit fees on the card?(Tamkeen Plus credit card offers you the one of the lowest profit rates at 1.8% per month as part of your monthly allowance on your card) however, when you pay the full amount due on time, there will be no profit on the card.
What are the payments due date on Tamkeen Plus credit card? Payment is automatically made on the 25th of each calendar month. Cardholder may opt to pay (5 % of the outstanding balance or minimum of 200 riyals, whichever is higher) of the balance.
Can the customer make an early payment for Tamkeen Plus credit card?Yes, the customer can make a payment via Albilad Net or Albilad App
What is the point-of-sale limit for Tamkeen Plus credit card?100% of the credit limit available for the card.
What is the cash withdrawal limit for Tamkeen Plus credit card?Cash withdrawal limit is capped at 30% of the total card limit.
How much is the minimum salary? Minimum monthly salary starting from 3,000 riyals.
Is it possible to add additional funds to Tamkeen plus credit card? Yes, a balance can be added above the credit card limit.
What is the date of the statement of account? The statement of account is issued at the beginning of each calendar month
Are there welcome points when issuing a Tamkeen Plus credit card?
Yes, there is currently an offer on the new issuance of the card, until 31 May, 2025, according to the following table:
| Welcome Points | points
| | Signature | 75,000 |
When will the welcome points be credited?When linking new cards to Mukafaat Albilad Program.
Is it required to register for Mukafaat Albilad Program? Yes, you must register with Mukafaat Albilad Program to get the welcome points.
Is it necessary to make purchase transactions to get the welcome points?It does not require any purchase transactions to get the welcome points.
Is the customer required to link the new issued card to Mukafaat Albilad Program?Yes, the new cards must be linked to Mukafaat Albilad Program.
How many times can I benefit the welcome points offer?
The welcome points offer once per customer.
What are the rewards points earned by type of transaction and type of card?
Card Product
| Reward Points Earned Per 1 SAR - Domestic Spend | Reward Points Earned Per 1 SAR - International Spend | | Albilad Tamkeen Plus Signature Card | 5
| 6.5
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After completing the application, will the customer receive a physical card?After completing the application, the customer will be requested to activate the virtual card. In case the customer wants a physical card, he/ she can request one through Albilad App (Delivery and printing fees are applied)
In case customer did not sign the commodity contract or promissory note in time, will his application be cancelled?Yes, if customer did not sign within the time limit, his/ her application will be cancelled, and an SMS will be sent to him/ her
In case customer did not sell the commodity in time, will his application be cancelled?No, the bank system will sell on his/ her behalf, and an SMS will notify him/ her to complete the application through Albilad app.
In case there are missing documents from the customer application, will he be required to go to the branch to provide them?Customer should resume the application online and submit the missing documents through Albilad app without the need to visit the branch
How to register in Mukafaat Albilad program?- Login to Albilad App or Albilad Net
- Choose “Mukafaat Albilad” icon from the main menu
- Accept “Terms & Conditions”
- You will be automatically redirected to your account in Mukafaat Albilad program
What are the issuance and renewal fees for the Tamkeen Plus credit card?
Fees (SAR)
| VAT | Tamkeen Plus Signature | | Annual fees for the Main Card | 15% | 800 | | Annual fee for Supplementary Card | 15% | 350 | | Replacement Card Fees | 15%
| 350 | | International replacement card issuance fee | 15% | USD 287.50 | | Re-issue fees | 15% | 100 | | Cash Withdrawal Fee | 15% | SAR 75 for each transaction | | Alternate Account Statement Fee - Additional | 15% | 20 | | Transaction dispute | 15% | 50 | | Optional Issuer Fee (OIF) for transactions whose currency is different from Riyal | 15% | 2.75%
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How does Bank Albilad calculate the profit?To view the method of calculating the profit margin, click here
To view the full terms and conditions click here How can I apply for Tamkeen plus card?
You can apply for new tamkeen plus via our RMB, visiting our branch or calling us 8001236666
When will the extra points be added to my balance?The points will be added to your Mukafaat Albilad balance after 30 days from the end of the offer.What will happen if I don’t spend the mentioned amount?
You will not get the extra pointsHow many welcome points I will get ?
You will get new welcome points depend on your type or card:
Signature: 75000 points
What is the double point offer?
When you receive your new tamkeen plus you should spend at least 15,000 t in order to double welcoming points.
Terms and Conditions for Welcome Points Offer- This offer for new customers only.
- Customer must activate plastic card and subscribe to Mukafaat Albilad in order to get the welcoming points.
- Customer must spend at least 15,000 within 3 months from the card issuance date to double their points during the offer period
- Card issuance period from March 5, 2025, until May 31, 2025.
- The offer applies to all purchases locally or internationally.
- Points will be deposited to customers after 30 days from the end of the offer.
- Card and account status must be active at the time of points deposit.
- The offer applies for point of sales and e-commerce and Apple pay
- The value of points for canceled or refunded transactions will be reversed and will not be included as part of points.
- The amount of points will be canceled and refunded if any fraud or fraud is discovered by the parties involved in the process.
- Digital wallets are excluded from this offer.
- Bank Albilad has the right to stop the offer or amend or change the terms and conditions of the offer at any time.
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