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Elevate Your Purchasing Experience with AQSAT Credit Card Buy Now and Pay Later
AQSAT Credit Card gives you the opportunity to convert your purchases into three installments with ease automatically. Order your card now through our digital channels without profit rate, or additional documents.
Simply transfer a portion of the available credit limit from any of your existing credit card into AQSAT Credit Card, and start the installment journey.
Who Can Apply?
Existing SAB Credit Card holders with an available credit limit of SAR 5,000 or more.
Why Choose AQSAT Credit Card?
AQSAT Credit Card offers multiple benefits that enhance your purchasing experience:
· Zero Fees:
Enjoy no annual fees, no processing fees, and no early settlement fees
· Easy conversion to Installments:
Purchases are automatically converted into a 3 installments plan without profit
· No Upfront Installments:
AQSAT Credit Card does not require any upfront payment. The first installment payment will be collected on the payment date after the card statement is issued
· Global Acceptance:
Use AQSAT Credit Card at any merchant, online or in-store, around the world
· Add It to Your Digital Wallets:
AQSAT Credit Card is compatible with digital wallets such as mada pay, Apple Pay, and Samsung Pay for easy, tap-and-go transactions.
· Separate Monthly Statement:
AQSAT Credit Card comes with its own monthly statement, detailing all transactions and installment payments due.
· Early Settlement Option:
Pay off your balance early without incurring any fees.
· Flexibility:
AQSAT Credit Card is designed to simplify installment payments and provide financial flexibility.
Comparison between SAB AQSAT Credit Card and other “Buy Now Pay Later” service providers:
SAB AQSAT Credit Card |
Other Providers (Buy Now Pay Later) |
Minimum transaction amount SAR50 |
Based on the merchant (on an average SAR200) |
Automatically converted into 3 monthly installments |
Customer needs to opt for the installment plan and go through KYC/authentication process |
First installment billed on the card statement next month |
First installment is taken upfront |
The maximum limit will be based on the 20% of the current credit limit and up to SAR20,000 |
The maximum could be between (SAR2000-SAR5000) based on the merchant and their risk appetite |
Flexibility to convert any local or international purchases |
Local limited merchants |
Available in digital wallets (Apple pay/ Mada pay/ and Samsung Pay) |
Not applicable |
Physical and Virtual Card |
Not applicable |
Enjoy the Benefits Today
Apply for AQSAT Credit Card easily through SAB Online or SAB Mobile and begin experiencing the convenience of Profit-free installments, zero fees, and seamless payments.
For more information, contact our customer service on the following numbers:
Segment |
Within KSA |
International Number |
Premier |
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Advance |
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All other segments |
AQSAT Credit Card is designed for installment-based payments. Every purchase made will automatically convert into 3 profit rate free installments.
The minimum purchase that can be made on AQSAT Credit Card is SAR 50.
The maximum purchase amount is up to your available credit limit.
Yes, you will receive a monthly statement showing your installment payments and any outstanding balance.
Absolutely! There are no early settlement fees, so you can settle your balance at any time.
No, AQSAT Credit Card is purely focused on providing a flexible installment experience without the frills like lounge access or loyalty points.
AQSAT Card is available to all existing SAB credit card customers who already have a valid existing credit card with a credit limit of SAR 5,000 or more.
Existing credit card customers can apply for AQSAT Credit Card digitally (using SAB Net or SAB Mobile) by transferring a portion of their existing card’s limit into the AQSAT Credit Card.
The minimum limit that you can transfer to AQSAT Credit Card is SAR 1,000 (or 5% the of existing limit whichever is lower)
The maximum Limit that you can transfer to AQSAT Credit Card is SAR 20,000 (or 20% of the existing limit whichever is lower)
No, you can only transfer unutilized credit limits from your existing credit card to AQSAT Credit Card
The card can be used at all merchant stores/or websites globally; the card cannot be used to withdraw cash from ATMs, and it cannot be used for purchases below SAR 50
No, unlike existing Buy Now Pay Later (BNPL) providers in the market, you do not have to pay the first instalment at the time of purchase. Your first instalment will be billed to you in the AQSAT Credit Card statement and the first installment will be collected automatically based on the statement.
No, there are no ICSAB+ loyalty points or cashback from using AQSAT Credit Card. It is only meant to facilitate the payment in 3 installments
No, you do not get these benefits with AQSAT Credit Card
No, customers can pay off and settle their outstanding balance in full at any time without any fees.
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Saudi Awwal Bank, a listed joint stock company, incorporated in the Kingdom of Saudi Arabia, with paid in capital of SAR 20,547,945,220, commercial registration certificate 1010025779, unified number 7000018668, Mailing Address: P.O. Box 9084, Riyadh 11413. National Address: 7383 King Fahad Branch Rd, 2338 Al Yasmeen Dist., 13325 Riyadh, Kingdom of Saudi Arabia, Tel. +966 11 4050677, www.sab.com, licensed pursuant to the Council of Ministers Resolution No. 198 dated 06/02/1398H and Royal Decree No. M/4 dated 12/08/1398H, and regulated and supervised by the Saudi Central Bank.
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