Medad Prepaid Cards

Medad Prepaid Cards

What Are We Offering?


Bank Albilad strives to provide greater experience to its customers. For this purpose, we have introduced the ultimate Prepaid Medad card, which is handy to use and monitors your everyday expenses. Medad card can be utilized by anyone, anytime, and anywhere and ensures secured online and in-store transactions.

Like any other prepaid card, any number of amounts can be transferred from your current account to Medad card. These cards can be easily reloaded online through Albilad Net or Albilad app.

Why Medad Cards?

 
Bank Albilad’s special Medad card keeps you on control of your expenses and takes care of your need in a workable manner.

Medad Cards Benefits: 


  • Accessible to all – family, friends, or staff
  • Allows for easy online shopping and travelling experience
  • Shariah compliant card
  • Issuance of more than one card through Albilad Net
  • Monitored expenditure and secured transactions
  • Reloadable prepaid card
  • Accepted at ATMs and Point of Sale (POS), both locally and internationally
  • Deposit and transfer of funds through your accounts
  • Check your Medad balance through ATMs, Albilad Net or Albilad app
  • Benefiting of Mukafaat Albilad loyalty Program to earn points and redeem them for exciting rewards.

How to Apply for Medad Card?


  • Login to Albilad Net. Haven’t got an account with Bank Albilad? Open your account now online.
  • Choose Medad card under ‘Request Bank Products’.
  • Select card type and the current account you would like to link the card to, and continue.
  • Agree to terms and conditions, and then confirm to proceed.
  • After successful completion, you will be provided with tracking number.
  • Check your request status through Albilad Net, under ‘Request bank Products’ heading.
  • Shortly, you will be contacted by courier to confirm the day and date of card delivery.

As a Bank Albilad’s Prepaid Medad Card customer, you are now finally able to enjoy your online shopping spree and satisfy your travelling bouts, while maintaining the amount of money that is being spent by you, your family and friends with no worries.  

Medad Cards Fees:

 


Medad Travel and Internet FeesMedad Control Fees
​issuance fees
​100 SAR
​100 SAR
Annual fees of main card100 SAR100 SAR
Annual fees of additional card100 SAR
100 SAR
Fees of Issuing replacement card50 SAR50  SAR
Cash withdrawal fees (Bank Albilad's ATMs)25 SARFree
Cash withdrawal fees (Other Banks' ATMs)25  SAR25 SAR
Transaction dispute50 SAR50 SAR
Optional Issuer Fees (OIF) for any transaction other than Saudi Riyals.2.3%2.3%

*All Fees are VAT exclusive




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