France New COVID-19 Cases above 2,500 for 3rd Day in Row    The Royal Court Announces Death of Prince Abdulaziz bin Abdullah bin Abdulaziz bin Turki Al Saud    State Street appoints CEO and senior officers for new Saudi Arabia office    APIC achieves net profits of $9.02 million in H1 of 2020    G42 Healthcare partners with WHOOP to enhance volunteer experience    44 electronic stores penalized for violating new e-commerce system    Not enough demand for US 30y bond; markets mixed    Pakistanis celebrate Independence Day with zeal and fervor    MoH: ICU Beds Increased By 43% in Riyadh Hospitals    India welcomes normalization of ties between UAE and Israel    Emirati Al Nuaimi, Gemany's Hansske top in the DXB Snow Run at Ski Dubai    Lebanese President Meets with UN Official    1,383 new coronavirus cases, 35 deaths reported in Saudi Arabia    Philippines confirms 6,216 new coronavirus cases, 16 deaths    Dammam Port Records Highest Number of Container Handling from One Ship    UN chief welcomes Israel-UAE agreement    Custodian of the Two Holy Mosques Congratulates President of Congo on Independence Day    Riyadh Declaration" of Digital Health Summit outlines practical plan to confront epidemics    Wall Street Closing    Still plenty to play for in Saudi Pro League    HRC monitors 243 human rights cases last year    W20 Group calls for urgent action on women's economic empowerment    SAFCSP Launches Online Cybersecurity Bootcamp for Saudis    Qualifying matches for World Cup 2022, Asian Cup 2023 rescheduled    King Salman arrives in Neom for rest    Saudi Films Festival poised to witness wide participation, reports say    Saudi Arabia Launches First Luxury Cruises Along Red Sea Coast on August 27    SAR Wins International Safety Award 2020 from British Safety Council    Fourth edition of the Noon Arts Award open for submissions    Louvre Abu Dhabi joins J. Paul Getty Museum in investigating ancient panel paintings    Thousands participate in SFA's first Step Together half and full summer marathon    Saudi woman seeks to restrain wealthy hubby from remarrying    Human evolution and woman    Maraya hall in AlUla wins prestigious architecture award    Juventus Sacks Sarri After Exit UEFA Champions League    Al-Nasr, Al-Hilal Fans Follow up Riyadh Derby, in various Cinemas, Venues    India's top minister Amit Shah tests positive for coronavirus    Aubameyang double helps Arsenal beat Chelsea for 14th FA Cup trophy    Azra Aly, South African pilgrim: ‘The beginning of the rest of my life'    Paris Saint-Germain beats Lyon to win League Cup final    Eid Al-Adha Prayer Performed at the Grand Holy Mosque    Islam calls for protecting communities against epidemics: Sheikh Al-Manea    Pilgrims Perform Dhuhr and Asr Prayers in Arafat Holy Site    Complementary, Alternative Medicine Practicing 1st Manual Version Issued    Saudi Ithra center launches dialogue sessions with most famous creators in the world    SFDA Implements National Program to Ensure Safety of 10,000 Food Samples    Senior Scholars Council Issues Decision No. 246 Regarding Attendance of Friday Prayer and Prayers at Mosques in a Case of Spread of Epidemic or Fear of its Spread    Custodian of the Two Holy Mosques Addresses Citizens and Muslims on Eid Al-Fitr    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.





Alinma Bank launches no-fee instant savings service
Published in The Saudi Gazette on 07 - 07 - 2020

As part of Alinma Bank's effort to support the government's 2020 Financial Sector Development Program, which promotes saving and prudent financial planning, Alinma Bank has launched its "Instant Savings" service, which allows customers to save either a fixed amount or a percentage on each of their purchases. The service is provided free of fees.
Speaking about the new service, Alinma Bank CEO and Managing Director Abdulmohsen Al-Fares said that the new service was in line with the bank's commitment to meet the ever-evolving needs of its partners, including the need for effective, convenient mechanisms to grow personal savings and plan for the future.
With Instant Savings, partners are able to easily register for the service through Alinma's 24/7 self-service channels, where service settings can also be managed. Once registered, partners can indicate whether they wish to save a fixed amount or a percentage on each of their in-store and online mada or credit card purchases.
They can also instruct the bank to either deposit saved amounts into an Alinma savings account, or to donate saved amounts to an Alinma-certified charity.
The service also includes a number of usesul features such as the ability to set maximum daily savings limits and minimum account balances. Partners may cancel the service at any time, using the bank's self-service channels; and the service is provided free of registration fees.
Services such as Instant Savings are important tools for partners who wish work toward important goals such as education savings, marriage savings, or debt repayment. And in addition to Instant Savings, Alinma Bank provides its customers with a number of other useful saving and protection services that suit their needs. — SG


Clic here to read the story from its source.