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Alinma review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Alinma pays 1.5% to 2.7% on an easy access account with no monthly charge, opening from a SAR 1 deposit. It suits residents of Saudi Arabia banking locally, though the variable rate sits under the savings median of 3.06% on the comparison.

Key facts

Best for
A fee free easy access account for small savers in Saudi Arabia.
Headline rate
1.5% to 2.7%↗
Rate type
Variable↗
Term
up to 60 months↗
Minimum deposit
SAR 1↗
Access terms
Withdraw any time during the investment period, subject to package terms↗
Monthly fee
SAR 0↗
Account kind
Easy access↗
Legal entity
Alinma Bank (a Saudi joint stock company)↗
Headquarters
Saudi Arabia↗
Founded
2006↗
Support channels
Phone, Email↗
Pricing model
No monthly fee
Official website
alinma.com

Loans

APR
5.64%↗
Loan amount
up to SAR 7,500,000↗
Arrangement fee
0.5% of the financed amount or SAR 2,500, whichever is less↗
Credit check
Hard↗
Representative example
Stock: SR 100,000 at 3.82% profit rate (APR) over 5 years, monthly installment SR 1,809.58↗
Lender type
Direct lender↗
Eligibility
Minimum age 18 for Saudis, maximum 75 for retirees; minimum net salary SAR 3,000 depending on sector; Saudis and expatriates↗
Origination fee (%)
0.5%↗
Loan types
Personal↗
Features
Multi-currency, Travel

Mortgages

Initial rate
7.27%↗
APRC
7.27%↗
Fixed period
10 years↗
Maximum loan to value
90%↗
Product fee
SAR 5,000↗
Purpose
Purchase, Remortgage, Equity-release↗

Debit cards

Card type
Debit↗
Card network
Visa↗

Facts checked September 26, 2026, 10 sources

Apps and profiles

Get the app
App StoreGoogle Play
Elsewhere
WikidataWikipediaLinkedInXappgallery.huawei.com

Pros and cons

Pros

  • No monthly charge: the account runs on a no monthly fee model from a SAR 1 minimum deposit.
  • Access is easy in practice, with withdrawals allowed during the investment period, subject to package terms.
  • Regulated by the Saudi Central Bank (SAMA) in Saudi Arabia, with the bank operating since 2006.
  • Support runs on phone and email.

Cons

  • Interest is variable, so the 1.5% to 2.7% headline is not held for a set term.
  • Headline rate of 1.5% to 2.7% sits under the savings median of 3.06%.
  • Support runs on phone and email only, so no live chat or help centre.
Alinma

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Scored 8.8 / 10 by SumCue.

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Who it suits

  • Residents of SA who want an easy access account opening from SAR 1.
  • Savers who dislike monthly charges, since the account is priced on a no monthly fee model.
  • Saudis and expatriates after personal finance at a representative rate of 5.64%, repaid monthly.

Who should look elsewhere

  • Savers in the UK and Europe who bank locally: Wise pays 3.29% on interest.
  • Anyone shopping mainly on headline rate: Finteres is listed at 0% to 36%.
  • Savers who want a fixed rate: bunq pays 3.01%, while Alinma's interest is variable.

How Alinma compares

Where Alinma is available

Available
Saudi Arabia
Licence in Saudi Arabia
Saudi Central Bank (SAMA), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate does Alinma pay on its saving account?+

The account pays a headline rate of 1.5% to 2.7% and the rate type is variable. That sits under the savings median of 3.06% on the comparison. Because the rate is variable, the figure can move rather than stay locked for a set term, which matters if you are saving towards a fixed date.

Is there any charge for keeping the account open?+

The saving account runs on a no monthly fee model, so holding it costs nothing each month, and the minimum deposit is SAR 1. Charges appear on the lending side instead: personal finance carries 0.5% of the financed amount or SAR 2,500, whichever is less, and real estate financing carries a product fee of SAR 5,000.

Is my money at Alinma safe and regulated?+

Alinma is listed as Alinma Bank (a Saudi joint stock company), based in Saudi Arabia and regulated by the Saudi Central Bank (SAMA), and it has operated since 2006. Money is placed for an investment period, and you can withdraw during it subject to the package terms. Account questions go to the bank on phone and email.

How do I deposit and withdraw money?+

The account is easy access in kind, and withdrawals are allowed at any point during the investment period, subject to package terms. The opening minimum deposit is SAR 1, so the account starts small. On the lending side Alinma is a direct lender, so applications go to the bank rather than to a broker.

Who can open an Alinma account or take a loan?+

Personal finance is open to Saudis and expatriates, with a minimum age for Saudis and a separate maximum age for retirees, plus a minimum net salary that depends on sector. The saving account comes from a bank based in Saudi Arabia and asks for SAR 1 to open, so it is aimed at residents rather than overseas savers.

Does Alinma lend as well as save?+

Personal finance runs at a representative rate of 5.64% over a term of up to 60, with a hard credit check. Real estate financing covers purchase, remortgage and equity release at an initial rate of 7.27%, an APRC of 7.27% and a maximum loan to value of 90%. The published example is repaid in equal monthly instalments across a multi year period.

Is there a card linked to the account?+

Alinma issues a debit card on the visa network, with multi currency and travel features aimed at travel. Card pricing sits apart from the saving account, which runs on a no monthly fee model and needs SAR 1 to open. Anyone wanting a card mainly for spending abroad should weigh the travel and multi currency features before comparing card fees.

How do Alinma's rates compare with the rest of the table?+

The headline rate of 1.5% to 2.7% sits below the savings median of 3.06% and well under the upper quartile of 4.5%. Listed savings rates span 0% to 105%, so variable rate accounts like this one cluster at the lower end of the table.

Sources

Compiled from 10 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Deposit protection.

Alinma

Alinma

A fee free easy access account for small savers in Saudi Arabia.

8.8/10See alternatives