Annual Fee 399 Includes 5 free supplementary cards Minimum Monthly Payment 5% or 100 The higher amount applies Tawaruq Profit Rate 2.49% Shariah-compliant Features & Benefits Flexible Credit Limits Set tailored limits to match your business size and spending requirements. Detailed Statements & Reporting Access comprehensive transaction reports to simplify reconciliation and expense tracking. Multiple Card Issuance Issue cards to authorized employees with individual spending limits and controls. Global Acceptance Use the card worldwide at over 30 million merchants for travel, purchases, and online transactions. Secure Online Payments Make online purchases and supplier payments securely with enhanced security features. Rewards & Offers Earn Rewards Points or cashback on eligible transactions, subject to the program offered. Eligibility Criteria Required Documents How to Apply Registered Business Entity Must be a registered corporate entity or SME with an active business account. Credit Assessment Must have a satisfactory credit assessment in line with bank policy. Business Standing Must operate as an established business entity in accordance with applicable regulations. View full Terms & Conditions Commercial Registration Provide a valid commercial registration certificate. Financial Statements Submit the latest audited financial statements. Contract or Purchase Order Provide a copy of the contract or purchase order to be financed. Bank Account Statements Submit bank account statements covering the last 6 months. View full Terms & Conditions Prepare Required Documents Gather and ensure all required documents are ready before proceeding with the application. Submit Your Application Submit your application along with the required information to begin the review process. Application Review The bank reviews your application to assess eligibility and next steps. Final Decision Based on the review outcome, the application is either approved or declined, and you are notified of the decision accordingly. View full Terms & Conditions Example Fees Transparent breakdown of all applicable fees for your business cards Annual FeesFreeSupplementary Card FeesFreeTawarruq Profit Rate2.49%Card Replacement Fees100Late Payment Fees100Cash Advance Fees100PIN Mailer Re-issuance Fees100Dispute Fees (False Disputes)100Additional Statement Fees100Foreign Currency Mark-up2.75%Minimum Payment Due5% or 100 The higher amount applies Frequently Asked Questions How are credit limits determined? Credit limits are assessed based on your company’s financial health, turnover, and banking relationship. Can I set individual limits for each cardholder? Yes. You can assign a specific credit limit for each supplementary card within the overall primary card limit. What is the billing cycle and payment process? Your credit card statement is generated monthly. You must pay at least the minimum due shown on your statement by the due date. Is the card accepted internationally? Yes. SIB Credit Cards are accepted at POS and ATMs worldwide wherever the card network (Visa, Mada, etc.) is supported. Are there Rewards Points or cashback benefits? Yes. SIB cards participate in programs such as Rewards Program that offers Rewards Points and specific cashback offers. We’re Always Within Reach Stay connected to your banking, through our customer care team, digital channels, and branches everywhere. Customer Care Submit inquiries, raise complaints, and access support anytime. /customer-care Corporate Offices Explore our corporate head-quarters and regional offices across the Kingdom. /corporate-offices E-Banking Services Bank smarter and faster with our secure digital platforms. /personal/e-banking-services