2.2.1 is not a credit card, charge card, debit card, bank account or deposit;

2.2.2 does not provide any overdraft or credit facility, and no profit is paid on any Rewards Balance; and

2.2.3 is a payment instrument that allows the Rewards Card Holder to redeem the Rewards Balance in accordance with these SiFi Rewards Cards Terms.

3.1.1 the Customer may opt-in via the SiFi Platform and request SiFi to make Rewards Cards available for use by selected Customer Personnel as Rewards Card Holders; and

3.1.2 SiFi may, at its discretion, issue Rewards Cards only where the Customer has a valid and active Account and continues to meet SiFi's eligibility criteria under the Agreement and Applicable Law.

3.2.1 meet the eligibility requirements in the SiFi Customer Personnel Terms (including age and verification requirements); and

3.2.2 have been nominated by the Customer (acting through the Account Administrator) and authorised by SiFi to be Rewards Card Holders.

4.1.1 A Rewards Card may only be automatically loaded or reloaded through the conversion of SiFi Points into a Rewards Balance in accordance with these SiFi Rewards Cards Terms and the Loyalty Programme Extension, which will be automatically carried out by SiFi's system converting SiFi points into Rewards Balance upon use of the Rewards Card.

4.1.2 Neither the Customer nor the Rewards Card Holder may fund or reload a Rewards Card using cash, bank transfer, card payments, or any other mechanism.

4.2.1 When a Rewards Card Holder initiates a valid transaction with an Eligible Merchant, SiFi will convert into monetary value such number of SiFi Points as is necessary to fund that transaction (and any applicable fees), subject always to the available SiFi Points and any applicable limits.

4.2.2 The conversion of SiFi Points into a Rewards Balance is performed immediately prior to, and for the sole purpose of, that specific transaction, and the corresponding monetary value is then debited from the Rewards Balance and paid to the Eligible Merchant.

4.2.3 The applicable rate between SiFi Points and Saudi Arabian Riyals will be determined and may be amended by SiFi from time to time and communicated via the SiFi Platform or App.

4.3.1 A Rewards Card cannot be used to: (a) withdraw cash (including at ATMs, over-the-counter cash-outs or cash-back at point of sale); or (b) transfer funds to any bank account, e-wallet, payment card, or any other payment instrument.

4.3.2 SiFi is under no obligation to, and the Customer and Rewards Card Holders do not have the right to, redeem any Rewards Balance into cash, or to transfer any Rewards Balance to the Customer's Account, to the Customer Bank Account or otherwise.

4.3.3 The Rewards Card may not be used to make cross-border payments or transactions outside the Kingdom of Saudi Arabia.

4.4.1 SiFi Points and any associated Rewards Balance do not constitute a deposit or an interest-bearing account with SiFi or any third party.

4.4.2 The Customer acknowledges that SiFi Points and any Rewards Balance are a contractual entitlement only, subject to these SiFi Rewards Cards Terms, the Loyalty Programme Extension and any applicable programme rules, and may be amended, suspended or cancelled in accordance with those terms and as otherwise determined by SiFi from time to time in accordance with the Agreement.

4.4.3 The Rewards Balance available on any Rewards Card is separate from and does not form part of the Usable Balance or Total Balance of the Customer's Account under the Agreement.

4.4.4 Transactions on a Rewards Card will not be debited from the Customer's Account balance, and a deficit on any Rewards Card will not give rise to any overdraft or credit under the Agreement.

4.5.1 The Rewards Card may only be used with Eligible Merchants. SiFi will determine, maintain and update from time to time the list, categories and channels of Eligible Merchants at SiFi's sole discretion, subject to Applicable Law and SAMA Regulations, and may display or detail such Eligible Merchants via the SiFi Platform.

4.5.2 SiFi may add, suspend or remove any Eligible Merchant, or restrict particular categories of merchants or transactions, at any time for regulatory, risk, operational or commercial reasons, or otherwise, without incurring any liability to the Customer or any Rewards Card Holder in respect of any resulting inability to complete a transaction. The Customer shall ensure that Rewards Card Holders comply with any such restrictions notified or made available via the SiFi Platform.

4.5.3 Eligible Merchants are independent third parties and are not acting as agents of SiFi. SiFi is not responsible for, and does not provide any warranty or assurance in respect of, any goods or services supplied by any Eligible Merchant. The Customer and the relevant Rewards Card Holder must resolve any complaint, dispute or claim relating to such goods or services directly with the Eligible Merchant. Part Two of the Payment Card Terms applies to these SiFi Rewards Cards Terms.

5.5.1 If a Rewards Card or any associated credentials are lost, stolen, misused or compromised, the Customer and/or the relevant Rewards Card Holder must notify SiFi immediately using the contact details in the Agreement.

5.5.2 Upon receipt of such notice, SiFi will block the relevant Rewards Card and may issue a replacement Rewards Card in accordance with SiFi's then-applicable processes.

5.5.3 Until SiFi receives such notice, the Customer will be responsible for transactions made using the Rewards Card.

5.6.1 for any illegal purpose or for the purchase of goods or services prohibited under the laws of the Kingdom of Saudi Arabia;

5.6.2 for gambling, cryptocurrencies, or other restricted activities where SiFi has imposed an acceptable-use restriction via the SiFi Platform or as otherwise communicated by SiFi from time to time; or

5.6.3 in any manner that would breach SAMA Regulations or any other Applicable Law.

5.7.1 there are insufficient available SiFi Points or Rewards Balance;

5.7.2 the transaction would breach any applicable limits (as determined by SiFi from time to time), these SiFi Rewards Cards Terms, the Agreement or SAMA Regulations; or

5.7.3 SiFi reasonably suspects fraud, misuse, unauthorised use or illegal activity.

6.1.1 SiFi may set and/or vary from time to time at its discretion, limits on: (a) the maximum Rewards Balance that may be held on a Rewards Card; (b) the maximum amount that may be spent per transaction, per day, per month or over other periods; and/or (c) the maximum aggregate value or number of transactions that may be effected using a Rewards Card or by a Rewards Card Holder.

6.1.2 SiFi will make such limits available via the SiFi Platform or otherwise in accordance with the Agreement.

6.2.1 SiFi Points may expire, be forfeited or be adjusted in accordance with the Loyalty Programme Extension and any applicable programme rules.

6.2.2 Where SiFi Points have expired or been cancelled, the corresponding Rewards Balance will no longer be available to be spent using a Rewards Card.

6.2.3 SiFi may specify an expiry date for any Rewards Balance or Rewards Card and may forfeit any unspent Rewards Balance on or after such date, subject to Applicable Law.

6.3.1 If the Agreement, the Customer's Account, the Loyalty Programme or these SiFi Rewards Cards Terms are terminated or suspended, SiFi may suspend or cancel any or all Rewards Cards.

6.3.2 Upon termination, any remaining SiFi Points and Rewards Balance may be forfeited, unless SiFi is required under Applicable Law to permit a limited period for redemption.

8.2.1 If the Customer or a Rewards Card Holder becomes aware of any unauthorised, incorrect or disputed transaction on a Rewards Card, the Customer must notify SiFi as soon as reasonably practicable and in any event within 30 days of the transaction appearing on the statement available via the SiFi Platform.

8.2.2 SiFi will investigate reports of unauthorised or incorrect transactions in accordance with its internal procedures and SAMA Regulations.

8.2.3 Where SiFi determines that a transaction was unauthorised or incorrectly executed and that the Customer or Rewards Card Holder has complied with its security obligations, SiFi may credit the Rewards Balance or adjust the SiFi Points accordingly.

8.4.1 SiFi reserves the right to monitor activity relating to the Rewards Cards and any associated SiFi Points for fraudulent, abusive or suspicious conduct (including attempts to generate SiFi Points or Rewards Balance inappropriately or to circumvent these SiFi Rewards Cards Terms).

8.4.2 SiFi may suspend or terminate any Rewards Card, cancel or adjust SiFi Points or Rewards Balance, or suspend the Customer's participation in the Rewards Card programme where it reasonably suspects such conduct.

9.1.1 The Customer may request the cancellation of one or more Rewards Cards via the SiFi Platform at any time.

9.1.2 Upon cancellation of a Rewards Card, any unspent Rewards Balance associated with that Rewards Card may, at SiFi's discretion, be cancelled, subject to Applicable Law and any applicable specific programme rules.

9.2.1 the Customer or any Rewards Card Holder is in breach of these SiFi Rewards Cards Terms, the Agreement or any other applicable terms;

9.2.2 SiFi reasonably suspects fraud, misuse, unauthorised use or illegal activity;

9.2.3 required to do so by SAMA, law enforcement, any court of competent jurisdiction or other competent authority; or

9.2.4 SiFi discontinues the Rewards Card programme.

9.3.1 all Rewards Cards will be automatically cancelled and may no longer be used; and

9.3.2 subject to Applicable Law, any remaining SiFi Points and Rewards Balance may be forfeited in accordance with the applicable Loyalty Programme Extension.

1. Insurance and Financial activities; and

2. any such other category of merchant as SiFi may communicate the Customer from time to time.