Fees and charges
| Ajwaa Plus Credit Card
|
|
| Primary Card Annual Fee*
|
200
|
| Supplementary Card Annual Fee
|
Free
|
| Monthly Tawaroq Profit Margin
|
2.90%
|
| Annual Tawaroq Profit Margin
|
34.80%
|
| Annual Percentage Rate APR**
|
42.25%
|
| Cash Withdrawal/Cash Transfer*
|
3% fee applies to transactions below 2,500, with a maximum fee of 75 for transactions of 2,500 or above
|
| Card Replacement Fee
|
15
|
| Card Re-activation Fee
|
15
|
| International Transaction Fee*
|
2%
|
| Dispute Fee*
|
25 per case
|
| Cash Advance Limit/Transfer Limit/Digital Payment Wallets
|
30% of the card balance and a maximum of 5,000 per transaction
|
| Minimum Monthly Payment
|
5% or 200 (Whichever is higher)
|
| Purchasing Waiver Period
|
25 days after the account
statement date
|
| Months until balance repaid in case of minimum repayment for Card limit 7,000
|
51 months
|
| Tawaroq Calculation
|
Tawaroq fees on the outstanding balance
|
| Statement Issuance Frequency
|
Monthly
|
| Statement Date
|
10th of each Gregorian month
|
* The updated monthly profit margin for credit cards will take effect from July 19, 2025.
*These fees are subject to 15% Value Added Tax (VAT).
*Purchase transactions do not include cash withdrawal transactions, SADAD payment transactions, cash transfers from credit card to current account, and provisioning the card in mobile wallets.
** The Annual Percentage Rate (APR) has been calculated based on a credit limit utilization of 30,000.
For Examples of declaration tables click here