3% Profit
Earn 3% profit on your savings, for balances from SAR 10,001 - SAR 200,000
Earn 3% profit on your savings, for balances from SAR 10,001 - SAR 200,000
No lock-ins, and no restrictions on withdrawals. We calculate profit based on your average monthly average balance.
We credit your profit earnings monthly! Profit is rewarded based on your monthly average balance
Saving has never been easier! Use meem Auto-sweep feature to move money into your savings account automatically.
| Monthly Average Balance in OnePack account | Profit Rate (Per Annum) |
|---|---|
|
SAR 0 - 10,000 |
0.05% (on the entire balance) |
|
SAR 10,001 - 200,000 |
3% (on the entire balance) |
|
SAR 200,000 and above |
3% - Up to SAR 200,000 + 0.25% - SAR 200,000 and above |
Open to nationals and residents of the Kingdom of Saudi Arabia aged 18 and above upon opening a meem OnePack account.
The profit rate is applicable only to the balances maintained in the meem savings account in Saudi Riyals and not in any other currency.
For November 2023, the profit rate will be only apply to the last 10 days of the month from 21st to 30th November 20
The profit rate is calculated based on the monthly average balance in your meem OnePack Savings account.
The profit will be credited to your meem OnePack account before 10th of every month for the balances maintained for the previous month.
The profit will only be credited if your meem OnePack account is in active status and is not blocked or frozen during the time of credit.
The profit rate is valid from 21st Nov 2023 until 31st December 2024, and is subject to change based on bank's internal policy criteria.
| Monthly Average Balance | Annualized Equivalent Profit Rate | Period | Expected Profit Amount | Profit Payout Frequency |
|---|---|---|---|---|
| SAR 5,000 | 0.05% | 1 month | SAR 0.22 | Monthly |
| SAR 100,000 | 3% | 1 month | SAR 258.33 | Monthly |
| SAR 300,000 | 3% for balance up to SAR 200,000 + 0.25% on balances above SAR 200,000 | 1 month | SAR 538.19 | Monthly |
You can track your expected profit for the upcoming month by logging into the mobile app and clicking on the total profit icon on the card’s dashboard.
GIB-Saudi Arabia, Commercial registration No. (2052001920) Unified No: (7001399042), licensed by the Saudi Central Bank under number 2007, and operating under the Saudi Central Bank’s control and supervision, unit number 54 – Al Khobar 34721 – 8208 Kingdom of Saudi Arabia.
Local Tel.: 8001166336, International Tel.: +966920026336
