Arab National Bank's Al Awael Platinum Card provides rewards, travel benefits, and enhanced security.
You can apply online, through the app, or at a branch if you meet the criteria. Here's a quick guide to get started.
Eligibility Criteria
To request the Al Awael Platinum Card, you must meet specific requirements set by Arab National Bank.
Below are the main eligibility criteria you need to fulfill:
- Minimum Income Requirement: A specified minimum monthly income is required.
- Saudi Residency: Applicants must be residents of Saudi Arabia.
- Age Requirement: You must be at least 18 years old.
- Good Credit History: A strong credit score is needed to qualify.
- Valid ID or Iqama: Proof of identity, such as a national ID or Iqama, is required.
Documents Needed
You must gather a few essential documents to complete your application. Here's a list of what you'll need:
- National ID or Iqama: Proof of identity is mandatory.
- Proof of Income: Recent salary slips or a bank statement.
- Employment Verification: A letter from your employer may be required.
- Credit History Report: A report showing your credit standing, if needed.
Methods to Apply
You have several ways to apply for the card depending on your preference. Here are the available methods:
- ANB Branch: Apply by visiting any Arab National Bank branch.
- Online Application: Fill out the application form on the ANB website.
- ANB Mobile App: Use the ANB app to submit your request.
Application Process
The application process for the Al Awael Platinum Card is quick and straightforward. Follow these steps to ensure a smooth application:
- Choose Your Application Method: You can apply online, via the mobile app, or at a branch.
- Fill Out the Application Form: Provide your details, financial information, and required documents.
- Submit Required Documents: Ensure all required documents, such as your ID, proof of income, and credit report, are attached.
- Wait for Approval: Once submitted, ANB will review your application. The approval time may vary.
- Receive Your Card: Upon approval, your card will be issued and sent.
Approval Process
The approval process involves several vital steps after you submit your application. Here's a brief overview of what happens:
- Document Verification: ANB reviews the documents and information you submitted.
- Credit History Check: The bank evaluates your credit score and financial standing.
- Eligibility Assessment: Your income, residency, and other criteria are verified against ANB's requirements.
- Approval Notification: If approved, you'll receive confirmation via email or phone.
- Card Issuance: Upon approval, your card will be prepared and delivered.
Card Features and Benefits
The Al Awael Platinum Card from Arab National Bank has premium features to enhance your banking experience.
Below are the key features and benefits that cardholders can enjoy:
- Rewards Program: Earn points on every purchase that can be redeemed for various rewards.
- Airport Lounge Access: Complimentary access to over 1,000 airport lounges worldwide.
- Travel Insurance: Comprehensive coverage for medical emergencies and travel assistance during trips.
- Purchase Protection: Protection against theft or accidental damage of items bought with the card.
- Extended Warranty: Additional warranty coverage is available on purchases made with the card.
- Cash Transfers: The ability to transfer cash globally with ease.
- Supplementary Cards: Free supplementary cards for family members.
- Exclusive Offers: Special discounts on car rentals, hotels, dining, and more through Visa Luxury Hotel Collection and other partners.
Fees and Interest Rates
The card has fees and interest rates that cardholders should know. Below is a breakdown of the primary fees:
- Annual Fee: SAR 345.
- Purchase Interest Rate (APR): 32.77% on purchases.
- International Transaction Fee: 3.10% on international purchases.
- Cash Advance Fee: Typically, it is a percentage of the withdrawn amount, and additional charges may apply.
- Late Payment Fee: A fee for delayed payments based on the bank's policies.
- Supplementary Card Fee: Free supplementary cards for family members.
These fees ensure transparency and help cardholders manage their expenses better while enjoying the card's benefits.
Comparison with Other ANB Cards
When comparing the Al Awael Platinum Card to other ANB cards, it's essential to highlight the main differences:
- Al Awael Platinum Card vs. Visa Platinum Card
- Target: Al Awael focuses on high-net-worth individuals with exclusive benefits, while Visa Platinum is more widely accessible.
- Fees: Al Awael has higher costs due to premium perks.
- Benefits: Both offer rewards, but Al Awael includes more elite features like DragonPass and enhanced travel insurance.
- Al Awael Platinum Card vs. ANB Mada Debit Card
- Target: Mada is for everyday banking, while Al Awael is for premium users.
- Fees: Mada typically has no fees; Al Awael has premium fees.
- Benefits: Mada provides essential services, while Al Awael offers rewards, insurance, and global access.
- Al Awael Platinum Card vs. Signature Corporate Card
- Target: Signature is for businesses; Al Awael is personal.
- Benefits: Signature offers business tools; Al Awael provides personal travel and lifestyle perks.
This overview shows how the Al Awael Platinum Card is tailored for premium users compared to ANB's broader options.
Card Usage Tips
To maximize the card's benefits, it's essential to use it effectively. Here are some helpful tips to get the most out of your card:
- Maximize Rewards: Use the card for regular spending to collect reward points.
- Airport Lounge Access: Utilize free access to lounges during travels.
- Purchase Protection: Buy valuable items with the card for protection and warranties.
- Pay Bills on Time: Avoid late fees by paying your card bills promptly.
- Exclusive Offers: Take advantage of hotel discounts, dining, and travel deals.
Security Features
The Al Awael Platinum Card has several security features to protect cardholders during transactions.
Below are some of the key security features:
- Fraud Protection: Real-time monitoring and alerts for suspicious activity to prevent unauthorized transactions.
- Purchase Protection: Coverage against theft or accidental damage for items purchased with the card.
- Chip and PIN Technology: Enhanced security through EMV chips, ensuring safer transactions.
- Online Transaction Security: Verified by Visa and MasterCard SecureCode for secure online shopping with an additional layer of authentication.
- Mobile App Monitoring: Use the ANB mobile app to track transactions and set alerts for spending activity.
Contacting Customer Support
For assistance with your Al Awael Platinum Card or any related queries, you can reach Arab National Bank's customer service through the following contact details:
- Phone Number: 800 124 4040 (for general inquiries)
- Address: Arab National Bank Headquarters, King Faisal Street, Riyadh, Saudi Arabia
To Conclude
The Al Awael Platinum Card delivers a premium experience with top-tier benefits and security.
With rewards, travel insurance, and protection perks, it's perfect for those seeking luxury in a card.
Apply now via the ANB website or mobile app.
Disclaimer
The details about the Al Awael Platinum Card, including fees and benefits, are for general information and may change.
Please check the official Arab National Bank website or customer service for the latest updates.
