Issuance Criteria

Card types, credit limits, and eligibility criteria are determined in accordance with the Bank’s internal policies. Credit limits are calculated based on 40% for employed 30% for retired customer’s net salary, divided by the applicable repayment percentage.

Credit Limits by Card Type in KD

• Annual Interest Rate (APR) 12.00% including service charge.
• Maximum credit limits for each card type are subject to the Bank’s Terms and Conditions.

Payment Methods
Al-Tijari offers two payment options for credit facilities:

1- Credit Card:

• Payments are made in monthly installments.
• The minimum monthly payment is 8.3% of the outstanding balance, plus applicable interest.

2- Charge Card:

• The full outstanding amount must be settled on a monthly basis.

Cash Withdrawals and Usage:

• Worldwide acceptance at over 25 million outlets.
• Cash withdrawals available in local currencies from more than 1 million ATMs globally.
• Cash advances are subject to a 5% flat fee (minimum KD 2).

Additional Fees and Conditions:

• When used for transactions in a currency other than the card currency, a 2.5% commission on the foreign exchange variance applies.
• Over-limit charge: 1% or minimum KD 2 once the outstanding amount exceeds the credit limit (calculated on the over-limit amount).
• Late payment charge: 1% or minimum KD 2 if the due amount is not settled in full by the end of the month (calculated on the unsettled installment amount).