World Elite Mastercard Credit Card
· Credit Card
- Foreign-currency transaction fee
- Has an annual fee
Qrar360 Decision Brief
What is this product?
A credit card from Riyad Bank.
Who it may suit
- Reward points
- Airport lounge access
- Sharia-compliant
- People who need Sharia compliance
- Frequent travellers
Consider if
- You travel often and want travel perks
- You want rewards on everyday spend
- You prefer a Sharia-compliant product
May not suit
- People avoiding annual fees
Key facts
A Sharia-compliant World Elite Mastercard Islamic credit card from Riyad Bank, exclusively for Private Banking and Family Private Banking customers. Earn up to 2.5% back in Hassad points (2 points per SAR 1 domestic, 2.5 points per SAR 1 international). Includes unlimited complimentary access to over 1,300 airport lounges worldwide and 24/7 World Elite concierge service. Annual fee is SAR 1,500, waived for qualifying Private Banking customers.
Product Analysis
- Annual fee: 1500 SAR.
- Purchase APR: 34.46% — applies when a balance is carried.
- Foreign transaction fee: 1.9%.
Qrar360 Score for this productQ36042Sources & methodology
Why this score?
Coverage 90% · Confidence 91%Strongest verified factors
- Qrar360 data verification100% · weight 15
- Rewards program available100% · weight 10
- Airport lounge access
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Availability by Country
- Saudi ArabiaAvailable
Provided By
This product is provided by . For the institution's licenses and regulatory status, see its profile page.
Sources & verification
Verified facts on this page are linked to their official sources.
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Frequently asked questions
- Is World Elite Mastercard Credit Card Sharia-compliant?
- World Elite Mastercard Credit Card: Sharia-compliant.
- Does World Elite Mastercard Credit Card have an annual fee?
- Yes — the fee is 1,500 SAR.
- Which countries is World Elite Mastercard Credit Card available in?
- World Elite Mastercard Credit Card is available in: Saudi Arabia.
- Does World Elite Mastercard Credit Card include airport lounge access?
- Yes — World Elite Mastercard Credit Card includes airport lounge access.
- Does World Elite Mastercard Credit Card offer rewards or cashback?
- Yes — World Elite Mastercard Credit Card offers a rewards programme.
- What is the foreign transaction fee for World Elite Mastercard Credit Card?
- The foreign transaction fee for World Elite Mastercard Credit Card is 190.00%.
