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Qasset 0%

Riyad Bank Qasset 0% Program allows you to convert your purchase into a choice of smart payment plans in monthly installments for retail purchases made using your credit card locally or internationally.

  • Fixed monthly installments 
  • Unlimited installment plans
  • Shari'a compliant

More Information

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Lulu Hypermarket

Min. of SAR 1000

Valid until  30-06-2026
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Stc Channels

Min. of SAR 1000

Valid until  16-8-2025
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Abdulghani Jewelry House

Min. of SAR 1000

Valid until  31-05-2025
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Noon

Min. of SAR 1000

Valid until  31-12-2024
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 Abdulghani Heritage Jewelry

Min. of SAR 1000

Valid until  31-05-2025
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Virgin Megastore 

Min. of SAR 1000

Valid until  05-02-2025
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Qasser Al-Saraya

Min. of SAR 1000

Valid until  24-04-2025
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Next wellness club

Min. of SAR 1000

Valid until  12-02-2025
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Roomz

Min. of SAR 1000

Valid until  31-12-2024
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SACO

Min. of SAR 1000

Valid until  28-02-2025
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Asian Alshark Co. Recruitment

Min. of SAR 1000

Valid until  10-01-2025
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Almanea

Min. of SAR 1000

Valid until  07-05-2026
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Ikea

Min. of SAR 1000

Valid until  31-01-2025
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Alarbash

Min. of SAR 500

Valid until  31-12-2024
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City W

Min. of SAR 1000

Valid until  31-12-2024
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Almutlaq Co. Ltd

Min. of SAR 1000

Valid until  31-12-2024
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Extra

Min. of SAR 3,499

Valid until 31-12-2024
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Loft

Min. of SAR 1000

Valid until  01-05-2025
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Magrabi Hospitals and Centers

Min. of SAR 1000

Valid until 23-01-2025
    0% Qasset Program makes it easy to buy anything you desire without thinking twice about the immediate payments, where you can choose one of the five payment plans:
    • 3 months
    • 6 months
    • 12 months
    • 18 months 
    • 24 months
    The table below illustrates how Qasset Program works for a transaction of SAR 6,000 based on customer eligibility, and his regularity in card repayment
     
    INSTALLMENT PLAN TERM
    PROFIT RATE (PER MONTH)
    MONTHLY INSTALLMENT
    3 months
    0.50%
    2,020.03
    6 months
    0.75%
    1,026.41
    12 months
    1.00%
    533.09
    18 months    
    1.75%
    391.46
    24 months
    2.00%
    317.22
    • Minimum age is 18 years 
    • 0% Qasset Program applies to transactions made on your primary or supplementary credit card
    • Purchases can be made locally or internationally using your credit card
    • You have the option to choose from the five payment plans
    • A fee of SAR 50 will be charged for each installment transaction
    • No limit on the number of installment plans allowed within your available credit limit
    • Cash withdrawals are excluded from the Qasset program.
       
    1. Use your Credit Card to make a purchase of at least SAR 1,000

    2. Call Riyad Bank’s Customer Service at 8001242225 and request to convert your transaction to 0% Qasset Program with a payment plan of your choice

    3. Pay only the monthly installment for the plan selected. The value of each monthly installment will be reflected in the monthly statement.

    Frequently Asked Questions

    How many transactions can I move to Qasset Program?
    Is there a minimum amount that can be moved to the Riyad Bank Qasset Program?
    Do I need to apply for a new Credit Card to use the Riyad Bank Qasset Program?
    How many payment plans are available on the Riyad Bank Qasset Program?
    Is Qasset Program limited for specific purchases?
    How to benefit from Qasset Program?
    How does the Qasset Program work?
    What is the Riyad Bank Qasset Program?
    How is the calculation done for the Riyad Bank’s Qasset Program?

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