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2.8.9 Card fees

No: م أ ق/15631 Date(g): 2/5/2012 | Date(h): 11/6/1433

Effective from Jan 31 2025 - Jan 30 2025
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Periodical fees, such as dormancy fees or inactivity charges, shall not be charged to prepaid payment services, except in the circumstances below and provided that these are clearly stated in the terms and conditions:

a. There has been no purchase activity using the card in the 3-month period prior to the date on which the charge or fee is imposed;
 
  
b.Such charge or fee, if any, is reasonable and does not exceed limits set in the circulars "Schedule of Maximum Fees for Prepaid Services", appended and updated by SAMA.