Fees and costs of the AlFursan Visa Infinite credit card
After learning about the travel benefits and miles program of the AlFursan Visa Infinite credit card, the next step is to understand the practical requirements for applying quickly, while staying fully aware of its advantages and points of attention.
Below, we’ve gathered the documentation required by Riyad Bank, the eligibility criteria, and advice for anyone considering applying for this premium card. But first, let’s take a closer look at the fees charged, since premium card categories call for extra attention on this front.
As a Visa Infinite category card, the AlFursan Visa Infinite carries an annual fee of SAR 2,000. Other declared charges include a monthly profit rate of 2.2%, equivalent to an Annual Profit Rate — the card’s APR — of 35.97% per year, plus a foreign transaction fee of 2% on purchases made outside Saudi Arabia, which matters for anyone using the card while traveling.
Other costs include a late payment penalty of SAR 50 for payments made after the due date, and a cash advance fee, charged at 5% of the amount withdrawn or SAR 100, whichever is higher, with an additional 3% tier for withdrawals below SAR 2,500 and a cap of SAR 75 for amounts equal to or above that threshold.
There’s also a SAR 15 fee for card replacement, SAR 25 for an unfounded transaction dispute, and the option to add Credit Shield, an optional protection that charges 0.49% of the outstanding balance per month.
Main eligibility criteria
✔️ Be a Saudi national or a foreign resident with a valid Iqama
✔️ An income certificate stating the start date of employment, for salaried applicants
✔️ Have a good credit history with SIMAH, Saudi Arabia’s credit bureau (good credit history with SIMAH)
✔️ Be prepared for a higher minimum monthly salary requirement, common to premium cards like the AlFursan Visa Infinite credit card, even though the exact amount isn’t publicly disclosed by the bank
Advice for you
Before applying for the AlFursan Visa Infinite credit card, gather the required documentation in advance — ID, Iqama or passport, and income certificate, when applicable — to avoid repeated trips to a Riyad Bank branch, since the process requires an in-person visit after the online form is submitted.
Also assess whether your monthly spending and travel volume genuinely justify the card’s SAR 2,000 annual fee, weighing it against the expected return in miles and travel benefits before taking on this financial commitment.
As a premium-category card, the AlFursan Visa Infinite credit card may come with a high credit limit, which calls for extra planning so it doesn’t strain the family’s monthly budget. Always prioritize paying your statement in full, avoid relying on the cash advance fee for cash withdrawals, and don’t apply for the card based on its perks alone — consider whether the annual fee and annual profit rate genuinely fit your financial situation.
Learn how to apply for the AlFursan Visa Infinite credit card now!
To apply for the AlFursan Visa Infinite credit card, applicants should start the process on Riyad Bank’s website and then visit a branch with the complete documentation, as detailed above. To access the initial online form, click the button below.
Utua is not a financial institution and does not issue credit cards or loans. Our role is to review financial products available in the Saudi market to help you make a more informed and conscious decision. Any application is made directly with the financial institution of your choice.
