Compare Every Business Card in Saudi Arabia
Find the right corporate card for your company. Compare features, fees, spend controls, and compliance across 8 providers — all in one place.
Side-by-Side Comparison
Compare 8 corporate card providers across key features
| Feature | Recommended |  |  |  |  |  |  |  |
|---|---|---|---|---|---|---|---|---|
| Card Basics | ||||||||
| Card Type | Prepaid | Credit (Murabaha) | Credit | Credit | Credit / Charge | Credit (Sharia) | Prepaid | Prepaid |
| Virtual Cards | Unlimited* | |||||||
| Physical Cards | ||||||||
| Card Network | Mastercard / mada | Visa / Mastercard | Visa / Mastercard | Mastercard | Visa / Mastercard | Visa / Mastercard | mada | mada / Visa |
| Annual Fee | Free | SAR 490+ | Varies by tier | Waived 1st year | Varies by tier | Varies by tier | Free | Free |
| Spend Controls | ||||||||
| Real-time Spending Limits | Basic | Basic | ||||||
| Category Restrictions | ||||||||
| Card Freeze / Unfreeze | Instant | |||||||
| Expense Management | ||||||||
| Auto Receipt Capture | ||||||||
| Approval Workflows | Multi-level | Basic | Basic | |||||
| Real-time Notifications | ||||||||
| Accounting & Integration | ||||||||
| ERP / Accounting Sync | 6+ integrations | Limited | ||||||
| ZATCA VAT Handling | ||||||||
| API Access | ||||||||
| Compliance & Security | ||||||||
| SAMA Regulated | ||||||||
| 3D Secure | ||||||||
| Pricing | ||||||||
| Free Tier Available | Yes — Starter plan | |||||||
| Starting Price | Free | Varies | Varies | Varies | Varies | Varies | Free | Free |
| Airport Lounge Access | 1,300+ | |||||||
* Unlimited virtual cards available on the Advanced plan. Starter plan includes up to 4 virtual cards. Data sourced from official provider websites and public documentation.
Download the Full Comparison PDF
Get the complete feature-by-feature breakdown across all 8 providers with detailed notes.
All Providers at a Glance
Quick overview of each corporate card provider in Saudi Arabia
- Unlimited virtual & physical cards with real-time spend controls
- Automated receipt capture, categorization & approval workflows
- ZATCA VAT compliance + 6 ERP integrations
- Free Starter plan — no annual fee, no credit check
- Murabaha-based credit card — fully Sharia compliant
- Mokafaa rewards + 1,300+ airport lounges globally
- 0% Tasaheal installment program available
- Corporate card with zero-limit option for enterprises
- Mapped to company main account for centralized billing
- Flexi card: shop now, pay in 4 installments — 0% fees
- 3 tiers: Business, Executive, and World for MSMEs
- Cashflow management + procurement optimization tools
- Annual fee waived for the first year
Why Companies Choose SiFi
See how modern spend management compares to traditional bank cards
SiFi Corporate Card
Traditional Bank Cards
How to Choose a Corporate Card in Saudi Arabia
Selecting the right corporate card is one of the most impactful financial decisions a Saudi business can make. Here's what to evaluate when comparing providers.
1. Understand Card Types: Credit vs. Prepaid
Traditional banks like Al Rajhi, SNB, and Riyad Bank primarily offer credit-based corporate cards, where spending is repaid at the end of a billing cycle. Al Rajhi's cards use a Murabaha financing model for Sharia compliance, while SAB offers a choice between charge cards (100% monthly settlement) and revolving credit (5% minimum payment).
Fintech providers like SiFi, HALA, and STC Bank typically offer prepaid cards where you load funds in advance. Prepaid cards offer more control — you can't overspend — while credit cards may offer rewards programs and extended payment terms. Consider which model aligns with your company's cash flow and risk tolerance.
2. Evaluate Spend Controls
Modern corporate cards go far beyond basic limits. Look for providers that offer real-time spending limits adjustable per card, category restrictions to block non-business spending, per-transaction and daily/monthly caps, and instant card freeze/unfreeze capabilities.
Key insight: Among traditional banks, spend controls are limited to basic credit limits set at account opening. Fintechs like SiFi offer granular, real-time controls that can be adjusted by any admin — without calling the bank.
3. Consider Expense Management Integration
A card is only as useful as the data it provides. The best corporate card solutions include automatic receipt capture and matching, expense categorization with custom rules, multi-level approval workflows, and real-time budget tracking. If your provider doesn't offer these natively, you'll end up paying for a separate expense management tool — and dealing with integration headaches.
Currently, SiFi is the only Saudi provider offering end-to-end expense management with accounting integrations (Zoho Books, Qoyod, Wafeq, Odoo, and more) built directly into the card platform.
4. Check Regulatory Compliance
In Saudi Arabia, two regulatory bodies matter most: SAMA (Saudi Central Bank) for payment services regulation, and ZATCA (Zakat, Tax and Customs Authority) for VAT and e-invoicing. All 8 providers in our comparison are SAMA-regulated or operate under SAMA-licensed entities. However, built-in ZATCA e-invoicing support is currently only available from fintech providers — traditional banks require separate accounting systems for VAT compliance.
5. Look Beyond the Annual Fee
Many providers advertise competitive headline fees but charge through foreign exchange markups (often 2–3% on international transactions), supplementary card fees, cash advance charges, and premium feature upsells. Al Rajhi's Platinum card has a SAR 490 annual fee (waivable with spending targets), while Riyad Bank waives the first year. Fintech providers like SiFi and HALA offer genuinely free tiers.
Always calculate the total cost of ownership based on your company's actual spending patterns, not just the headline fee.
Need help deciding? Try SiFi for free — no credit check, no commitment. Or book a free consultation with our team.
Traditional banks like Al Rajhi, SNB, and Riyad Bank primarily offer credit-based corporate cards, where spending is repaid at the end of a billing cycle. Al Rajhi's cards use a Murabaha financing model for Sharia compliance, while SAB offers a choice between charge cards (100% monthly settlement) and revolving credit (5% minimum payment).
Fintech providers like SiFi, HALA, and STC Bank typically offer prepaid cards where you load funds in advance. Prepaid cards offer more control — you can't overspend — while credit cards may offer rewards programs and extended payment terms. Consider which model aligns with your company's cash flow and risk tolerance.
Modern corporate cards go far beyond basic limits. Look for providers that offer real-time spending limits adjustable per card, category restrictions to block non-business spending, per-transaction and daily/monthly caps, and instant card freeze/unfreeze capabilities.
Key insight: Among traditional banks, spend controls are limited to basic credit limits set at account opening. Fintechs like SiFi offer granular, real-time controls that can be adjusted by any admin — without calling the bank.
A card is only as useful as the data it provides. The best corporate card solutions include automatic receipt capture and matching, expense categorization with custom rules, multi-level approval workflows, and real-time budget tracking. If your provider doesn't offer these natively, you'll end up paying for a separate expense management tool — and dealing with integration headaches.
Currently, SiFi is the only Saudi provider offering end-to-end expense management with accounting integrations (Zoho Books, Qoyod, Wafeq, Odoo, and more) built directly into the card platform.
In Saudi Arabia, two regulatory bodies matter most: SAMA (Saudi Central Bank) for payment services regulation, and ZATCA (Zakat, Tax and Customs Authority) for VAT and e-invoicing. All 8 providers in our comparison are SAMA-regulated or operate under SAMA-licensed entities. However, built-in ZATCA e-invoicing support is currently only available from fintech providers — traditional banks require separate accounting systems for VAT compliance.
Many providers advertise competitive headline fees but charge through foreign exchange markups (often 2–3% on international transactions), supplementary card fees, cash advance charges, and premium feature upsells. Al Rajhi's Platinum card has a SAR 490 annual fee (waivable with spending targets), while Riyad Bank waives the first year. Fintech providers like SiFi and HALA offer genuinely free tiers.
Always calculate the total cost of ownership based on your company's actual spending patterns, not just the headline fee.
Need help deciding? Try SiFi for free — no credit check, no commitment.
Frequently Asked Questions
Designed to help companies save time & money
The best corporate card depends on your priorities. For businesses that need real-time spend controls, automated expense management, and ZATCA compliance, SiFi is the top choice — and it offers a free Starter plan. For companies that prefer credit-based cards with rewards programs and airport lounge access, traditional banks like Al Rajhi (Mokafaa rewards, 1,300+ lounges) or SNB may be more suitable. Use the comparison table above to evaluate based on your specific needs.
You don't need SAMA approval to use corporate cards, but you should ensure your provider is SAMA-regulated. All 8 providers in our comparison are either directly SAMA-regulated banks or operate under SAMA-licensed entities (SiFi holds an EMI license; HALA is SAMA-licensed for payment services). This protects your business and ensures compliance with Saudi financial services standards.
Credit cards (Al Rajhi, SNB, Riyad Bank, SAB, Alinma) let you spend now and repay later — typically monthly. SAB also offers a charge card variant requiring 100% monthly settlement. Prepaid cards (SiFi, HALA, STC Bank) require you to load funds first, giving you tighter control over spending. Prepaid cards eliminate the risk of overspending, while credit cards may offer rewards and extended payment terms.
Yes, but only from fintech providers. SiFi offers unlimited virtual cards (on the Advanced plan) or up to 4 on the free Starter plan. HALA and STC Bank also support virtual cards. Traditional banks (Al Rajhi, SNB, Riyad Bank, SAB, Alinma) currently do not offer virtual card issuance — they only provide physical cards.
SiFi includes built-in VAT handling that categorizes expenses with proper tax codes and supports ZATCA e-invoicing requirements directly within the platform. Traditional bank cards do not include ZATCA compliance tools — you'd need a separate accounting system to handle VAT records, e-invoicing, and tax reporting.
Yes. SiFi, HALA, and STC Bank all offer free tiers with no annual fee. Traditional banks typically charge annual fees — Al Rajhi's Platinum starts at SAR 490 (waivable with spending targets), while Riyad Bank waives the first year. Be sure to also check for FX markups, supplementary card charges, and cash advance fees.
Yes, though options vary. Traditional banks require established credit history and financial statements. Fintech providers are more startup-friendly — SiFi lets you sign up with basic company documentation (CR and bank account) and start issuing cards immediately. The free Starter plan is popular with early-stage companies that need spend controls without the cost of traditional banking products.
Our research team regularly reviews and updates all provider data using official websites, public documentation, and direct verification. The "last updated" date at the top of the page reflects our most recent review. If you notice any inaccuracies, please contact us and we'll verify and correct the information promptly.
Related Resources
Learn more about corporate cards and spend management in Saudi Arabia
The Complete Guide to Corporate Cards in KSA
Everything finance teams need to know about choosing and managing corporate cards.
ZATCA E-invoicing: What It Means for Your Business
How to ensure your expense management meets Saudi ZATCA requirements.
Real-time Spend Controls vs. Traditional Limits
Which approach gives CFOs more visibility — and saves more money?
Why Saudi Companies Are Switching to Prepaid Cards
The credit-to-prepaid shift — and what it means for modern finance teams.