Easy Payment Plan – 0% Profit Rate

You can now divide your purchases (  1,000 and more) into easy and equal monthly installments (up to 12 months) with 0% profit rate at selected partners.

Easy Payment Plan is an installment program for SAIB Credit Cardholders only

Why EPP? Why is it special?

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To help you handle unexpected large purchases.

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Re-pay in equal and easy monthly installments at 0% profit rate.

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Flexible payment periods (3, 6, 9 and 12 months).

buy

Multiple transactions allowed.

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WooW points earned on Easy Payment Plan transactions.

Requirements: 

  • Payment should be made with a SAIB Credit Card (Visa)
  • Minimum transaction amount is   1,000 (Maximum transaction amount is capped at 90% of the credit limit)

Service Fees: 

  50 paid once upon request approval for each transaction converted into installments (regardless of the number of installments)

How to divide my payment into installments? 

 

Direct on online stores:

  1. Shop
  2. When you reach the payment step, choose to divide your purchase into installments through SAIB Easy Payment Plan
  3. Proceed to pay with your SAIB Credit Card

By calling the Phone Banking “Flexx Call”:

  1. Shop
  2. Pay your full purchase with SAIB Credit Card and keep the invoice
  3. Call the toll-free number at 8001248000 within 20 days from purchase date
  4. Submit your request for easy installments of your purchase
 

Merchants participating in the EPP service:

Stores where installment is available online and where installment is requested by calling Phone Banking “Flexx Call”

Extra
IKEA

Stores where installment is available online

  • Amazon KSA
  • Fitness Time
  • Almosafer
  • Saud International School
  • The Landmark Group
  • Ounass
  • Bupa
  • Haddad
  • Hawi Tools
  • ACIG Insurance
  • Virgin Megastore
  • Abdulwahed .com
  • myStore
  • Holidayme
  • Rider Bicycle
  • Walaa Cooperative
  • Malath Insurance
  • Alesayi Electronics

Stores where installment is requested by calling Phone Banking “Flexx Call”

  • Almanea
  • Alsaggaf
  • Alsaggaf (Sitra)
  • Sparky’s
  • Fairmont – Makkah
  • Swissotel – Makkah
  • Swissotel Almaqam – Makkah
  • Raffles – Makkah
  • SACO
  • Koohaji
  • Cambly

Example:

Abdullah was surprised by the distance learning resolution. Now, he has to buy his children laptops to facilitate their access to the official e-learning platform, in addition to desks and other school supplies.

Each laptop will cost him   5,000. Abdullah has 4 kids. He does not have enough liquidity, and discounts will expire soon!

How would the EPP help Abdullah turn such amount into easy monthly installments?

Abdullah’s Credit Card
SAIB Vista Signature
The Store he shopped at
eXtra
Device Cost
  5,000
Cost of All Devices
  20,000
Total with 15% VAT
  23,000
Installment Amount (if Abdullah choose 12 installments)
  1,916
Fees of Service
  50 only (Fee is fixed. It is paid once regardless of the number of installments)

Terms and Conditions:

  • Minimum transaction amount is   1,000
  • Maximum transaction amount is capped at 90% of the credit limit regardless of the number of transactions done for EPP
  • Transaction must be converted no later than 20 days from the respective date of the transaction by raising a request through “Flexx Call” at 8001248000 and before the transaction is billed (Cycled) in the monthly statement.
  • Processing fee/charges of   50 will apply for each transaction converted under the Program.
  • Installments at Noon e-store are available for only 6, 9 and 12 months.
  • Installments at Noon e-store are available for only 6, 9 and 12 months.
  • The installment period cannot be changed to another period after it has been processed.

FAQs

You can convert your purchases using SAIB credit cards into equal monthly installments in two ways:

  • Online stores: After shopping and reaching the payment step, choose SAIB Credit Card and choose SAIB EPP Payment Plan to proceed.
  • At actual stores (points of sale): shop and pay with your SAIB Credit Card, then call our toll-free number 8001248000 within 20 days from the purchase date, and request to convert this purchase into easy installments.

Yes, the minimum transaction value should not be less than   1,000 and the maximum limit will be 90% of the Credit Card Limit.

Yes, the card will be charged   50 for each transaction converted under the Program.

Yes, you will earn WooW points on any transaction on your Credit Card.

Multiple transactions can be allowed to be converted to the Program within 90% of the Credit Card Limit.

The tenure for the Program can be 3, 6, 9 or 12 months and this period cannot be changed after the transaction is transferred to the Program.