Get your annual fee reversed during the campaign period when you spend the minimum amount specified on the offer page using any of SAIB’s eligible credit cards or Travel card.

The Annual Fee Reversal Eligibility Offer Criteria

*For new customers we will calculate the spend amount starting from the activation date.

Terms & Conditions

1. Offer valid from 10 September 2026 until 31 August 2027.
2. The offer is applicable on SAIB’s Visa Platinum Credit Card, Visa Signature Credit Card, Visa Infinite Credit Card and Travel Card only.
3. This offer is applicable for new and existing customers.
4. Customers are eligible for annual fee reversal upon meeting the required spending criteria during the offer period.

5. The annual fee reversal eligibility is calculated as per the below table:

   Segment	Card Type	Duration*	Spending Amount
   Silver Banking	Visa Platinum Credit Card	6 months(180 days)	8,000
   Silver Banking	Visa Signature Credit Card	6 months(180 days)	13,000
   Gold Banking	Visa Signature Credit Card	6 months(180 days)	7,500
   Silver Banking	Visa Infinite Credit Card	6 months(180 days)	21,000
   Gold Banking	Visa Infinite Credit Card	6 months(180 days)	21,000
   All Banking Segments	Visa Travel Card	12 months(360 days)	8,000

6. The offer is applicable for local, international, SADAD, POS and e-commerce transactions.
7. Refunded transactions, reversed and disputed transactions are excluded from the offer.
8. The annual fee reversal will be credited to the eligible customer’s card account after verifying eligibility criteria.
9. The customer has to call the call center to reverse the fees, and the fees will be reversed within 3 working days after the customer request.
10. For new customers, the spending period starts from the card activation date, and customers must meet the required spending amount within the applicable duration (6 or 12 months, depending on the card type).
11. For existing customers, the spending period starts from the offer launch date, customers must meet the required spending amount within the applicable duration (6 or 12 months, depending on the card type).
12. The Bank reserves the right to reverse any credited amount if the customer is found ineligible or if transactions are cancelled/refunded.
13. The card account must remain active and in good standing at the time of processing the annual fee reversal.
14. Delinquent, blocked, cancelled, or suspended cards are not eligible for this offer.
15. Travel Card Issuance fees apply.
16. All the terms and conditions of SAIB Credit Cards & Travel Cards apply.
17. The Saudi Investment Bank reserves the absolute right to amend or stop this offer at any time, and customers will be notified in the event of any amendment or cancellation for customers who have not benefited from the offer. As for customers who have benefited from the offer, no terms of the offer will be amended.
18. SAIB reserves the absolute right to exclude any individual from benefiting from the offer if they violate the terms and conditions or commit any act that could mislead the bank in order to benefit from the offer.
19. These terms and conditions are subject to the Kingdom of Saudi Arabia’s regulations and laws.