All you need to know about the Woow Rewards Program offered by The Saudi Investment Bank

By Sarah Ghobar , Guest Contributor.

The Saudi Investment Bank offers its customers two loyalty programs: Aseel, which entitles customers for instant discounts at more than 250 partners in the Kingdom and WooW, which allows customers to redeem loyalty points online from a wide selection of products and partner stores، as detailed below:

Read About the Aseel Rewards Program by The Saudi Investment Bank

How to register for WooW programs?

Customers can register to the WooW program online through their Flexx Click Internet Banking account.

How to earn WooW points?

WOOW points are earned on everyday transactions, such as local and international purchases, SADAD payments and cash transfers. SAIB has designed a Points Calculator for customers to easily calculate “WooW” points earned for all SAIB transactions. However, Pointcheckout summarized the points below:

Marketing:

Customers earn 1,000 points for email verification

Welcome Points on Accounts and Status Upgrades

Account Type	Points
Silver	1000 points
Gold	2500 points
Platinum	5000 points
Upgrades:
Gold	30,000 points
Platinum	50,000 points

Banking Services

Service Type	Points
Salary Transfer	5000 points
Customers earn a minimum 5000 points for one time when they transfer their salary, however points may vary depending on the average. Customers can calculate points here
SADAD Account Registration	1000 points (SADAD Accounts payments and SADAD payments are calculated based on the amount.)
SADAD Payments Channel	Points
Flexx Call	Number of transactions x 30
ATM	Number of transactions x 15
Flexx Click	Number of transactions x 50
MOI Flexx Call	Number of transactions x 200
MOI ATM	Number of transactions x 100
MOI Flexx Click	Number of transactions x 300

E-Banking Services

Service Type	Points
Flex Call Registration – Flex Call	1000 points
Flex Call Registration – Flex Click	1500 points
Flex Click Registration	2000 points
Flex Safe Registration	5000 points

Loans

Loan Type	Points
New Murabaha Shares Loan	50,000 points
New Murabaha Arzaq Loans	50,000 points
New Murabaha Car Loan	50,000 points
Murabaha Arzaq Loan Refinance	50,000 points
Murabaha Arzaq Loans Buyout	50,000 points
Al Asalah Home Finance	100,000 points
Murabaha Shares Loan Refinance - Personal Finance	100,000 points
Murabaha Shares Loan Buyout - Personal Finance	100,000 points
Executive Finance - Personal Finance	100,000 points
Expatriates Personal Finance	100,000 points
Retirees Personal Finance	100,000 points
Madoom Home Finance	100,000 points
Moyassar Home Finance	100,000 points
REDF Military Down payment - Home Finance	100,000 points
Self Construction Finance - Home Finance	100,000 points
Off Plan Finance - Home Finance	100,000 points
MOH Ready Houses - Home Finance	100,000 points
REDF Civilian Down payment - Home Finance	Last Updated January 8, 2020 Tags : loyalty program banks Pay with your reward points About Legal Press Developers Blog Contact Us Copyright © PointCheckout.com. All Rights Reserved.