Back to Cards
Annual Fee
Free for life
Rewards Rate
N/A
Income (Y1)
N/A
Network
Mastercard
Monthly spend:
Fees
| Annual Fee | Free |
| FX Fee | 2% |
| Replacement Fee | SAR 11.5 inc. VAT |
Rewards & Benefits
Draw Chances
Eligible for weekly and monthly draws, plus a grand prize of 100 million LAK points (= SAR 1,000,000)
| Transaction | Draw Chances |
|---|---|
| On card issuance | 500 |
| Per SAR spent | 1 |
| On new CIF account | 1,000 |
| On segment upgrade | 1,000 |
| On salary transfer | 1,000 |
| On opening Gold account | 50 |
| On opening Saving account | 10 |
| For no cash withdrawal in a month | 50 |
Other Benefits
- Instant digital card issuance
- Free physical card delivery
- No annual fee
- Apple Pay, Samsung Pay, Mada Pay
Annual Income
Annual Income Calculation
| Annual fee | Free |
| Rewards for spending | + SAR 0 |
| Income (First Year) | SAR 0 |
| Annual fee | Free |
| Rewards for spending | + SAR 0 |
| Income (Second Year) | SAR 0 |
Income = rewards − fee + welcome bonus. Values based on SAR 5,000/month.
Redemption
LAK Rewards Program Redemption
Redemption Value
| Redemption Method | Value per 1,000 points |
|---|---|
| E-vouchers / Rewards marketplace | SAR 10 |
| Cash / Account credit | SAR 8 |
Redemption Partners
AlFursanNeqatyQitafShukranJarirHiltonMobilyCarrefour
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