If you have more than one credit card, a balance transfer could help consolidate what you owe, streamlining multiple monthly bills into installments. with SAB Balance Transfer service

Move your owed balance from KSA banks Credit Card to your SAB Credit Card, and repay it in easy equal monthly instalments through tawarruq process. 

You can apply for Balance Transfer through SAB’s digital channels.

There is no maximum number of transactions as long as it is within your available Credit Card limit. The minimum transaction amount is 1000 per transaction.

Yes, you can avail Balance Transfer on all SAB Credit Cards except Visa low limit Cards, SAB Aqsat Credit Card and  SAB Business Credit Card.

Yes, all SAB Credit Cardholders can benefit from the AQSAT feature, (Except for SAB Visa Credit Card * My Card and AQSAT Credit Card SAB Business Credit Card). 

The Balance Transfers takes 1-2 working days

If 2 consecutive payments are missed, then Balance Transfer transaction will be cancelled. Any outstanding will be treated as a Retail transaction which is subject to credit card payment procedures.

No, you won’t earn ICSAB+ points or Miles on Balance Transfer transactions. 

Example 1:

Requested amount is 6,000 with 0% processing fees and 0% monthly profit rate.

Tenor: 3 months

Processing fees = 0% × 10,000 = 0.

Installment = 6,000 ÷ 3 = 2000

The customer has to pay 2000 every month.

Example 2:

Requested amount is 12000 with 0% processing fees and 0% monthly profit rate.

Tenor: 6 months

Processing fees = 0% × 10,000 = 0.

Installment = 12000 ÷ 6 = 2000

The customer has to pay 2000 every month.

Example 3:

Requested amount is 24000 with 0% processing fees and 0% monthly profit rate.

Tenor: 3 months

Processing fees = 0% × 10,000 = 0.

Installment = 24000 ÷ 3 = 8000

The customer has to pay 8000 every month.

You can pay off the outstanding of Balance Transfer like any other transaction, however you MUST contact the SAB Campaign line: 8001245557 to cancel, otherwise the Balance Transfer will remain active and the payment made to your card will be parked as extra balance that will offset any future retail transaction. An early settlement shall apply to the remaining outstanding.