Buy Big on your SAB credit cards and convert your purchases in easy monthly installments up to 24 months.
*Excluding Corporate Cards, Umlaty, and My Card
Benefits:
- Convert any transaction above SAR 500 into equal affordable installments
- Payback in 3 months to 24 months
- Low Profit Rates
- Transactions done on participating merchants can be converted into instalments without any charges. For full list of participating merchants, please check below.
- You can also convert your entire statement balance on SAB Credit Card cards into easy installments over 24 months.
- Below are the minimum transaction amounts needed
Repayment Term (Month) | 3 | 6 | 12 | 24 |
Minimum Transaction Amount (SAR) | 500 | 500 | 2,000 | 5,000 |
Maximum Transaction | Up to a maximum of available Credit Limit but not more than 95% of the total limit |
The table below is an example of how SAB AQSAT works based on a transaction of SAR 5,000 converted in to the AQSAT Plan for 3, 6, 12 and 24 month tenors
AQSAT Installment Calculation -
SAR 5,000 Transaction |
Tenor | 3 Months | 6 Months | 12 Months | 24 Months |
Annual percentage rate (APR) | 0% | 0% | 0% | 24% (12% annual rate) |
Monthly Installment (SAR) | 1,666.7 | 833.3 | 416.7 | 258.3 |
Administration Fee (Fixed amount) | No Fee | 113.85 | 228.85 | 57.5 |
To apply for SAB AQSAT:
Log into your account & apply digitally with 3 simple steps!
- Login to SAB Net / SAB Mobile and choose your preferred SAB Credit Card
- Click on the eligible transaction and select your preferred instalment period
- Accept the terms and Conditions & you’re done!
Or contact SAB Phone via 800 124 5557 .