Your cookie choices

We use necessary cookies to make this site work. With your permission, analytics cookies help us understand usage and marketing cookies support advertising.

You can reject non-essential cookies and still use the site. Change your choices anytime in Cookie settings.

Cookie settingsCookie policy

ila Bank review

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

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

ila Bank suits Bahrain-based adults who want a fee-free credit card with travel perks, an easy-access savings pot and a direct personal loan in one app. Borrowing costs more than the market norm at 24%, so read the terms before you borrow. Card and savings costs are light: BHD 0 and BHD 3,000 to start.

Key facts

Best for
A single app for a rewards credit card, easy-access savings and a personal loan in Bahrain.
Annual fee
BHD 0↗
APR
24%↗
Rewards type
Cashback↗
Rewards rate
Up to 1.5% cashback or airline miles↗
Perks
Airport lounge access via Mastercard Travel Pass, Travel Medical Insurance up to USD 500,000, 2 free Careem airport rides annually, Up to 35% Avis car rental discount↗
Cashback rate
1.5%↗
Card kind
Credit↗
Legal entity
ila Bank↗
Headquarters
Bahrain↗
Founded
2019↗
Support channels
Email, Phone, Help-centre↗
Pricing model
No annual fee
Features
Rewards
Official website
ilabank.com

Loans

Loan amount
from BHD 1,000↗
Term
84 months↗
Arrangement fee
BHD 110↗
Funding time
Funds credited directly to the ila BHD account upon approval↗
Representative example
Personal Loan APR starts from 4.81% for a BHD 10,000 loan facility over a 7-year term↗
Rate type
Variable↗
Lender type
Direct lender↗
Free early repayment
No↗
Eligibility
21+; age at maturity 65 Bahrainis, 60 non-Bahrainis; min income BHD 400 Bahrainis, BHD 1,000 non-Bahraini, BHD 2,000 self-employed; employment 3-6 months↗
Loan types
Personal↗
Use cases
Home-improvement↗

Savings

Headline rate
2.5% to 2.7%↗
Minimum deposit
BHD 3,000↗
Access terms
No lock-in period, money stays fully accessible on demand, interest paid monthly into the account↗
Account kind
Easy access↗

Facts checked September 26, 2026, 7 sources

Apps and profiles

Get the app
App Store
Elsewhere
LinkedIn

Pros and cons

Pros

  • The ila World credit card carries an annual fee of BHD 0 and pays cashback of Up to 1.5% cashback or airline miles.
  • Travel perks on the card include Airport lounge access via Mastercard Travel Pass, Travel Medical Insurance up to USD 500,000 and 2 free Careem airport rides annually.
  • Savings are easy access with interest paid monthly into the account, so money stays reachable on demand.
  • Support runs through email, phone and help centre.

Cons

  • Card borrowing at 24% sits well above the site median of 15.5%.
  • Personal loans are limited to from BHD 1,000 as a minimum facility, so smaller amounts are out of scope.
  • The fees and charges list shows free early repayment as no, so clearing a personal loan early carries a charge.
ila Bank

Ready to try ila Bank?

Scored 8.5 / 10 by SumCue.

See alternatives

Who it suits

  • Adults living and working in Bahrain who want a credit card with cashback and travel benefits.
  • Savers who need easy access access rather than a fixed term.
  • Homeowners funding renovations through a personal loan from a direct lender.

Who should look elsewhere

  • Anyone wanting a low cost card, since the card charges 24% on borrowing.
  • People outside Bahrain who need a multi currency card or euro and pound accounts.

How ila Bank compares

Where ila Bank is available

Available
Bahrain, Jordan

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

Frequently asked questions

Does the ila World credit card charge an annual fee?+

No. The annual fee on the ila World credit card is BHD 0, and it is a credit card. Spending earns cashback at Up to 1.5% cashback or airline miles, so there is no set cost for holding it. Perks listed include Airport lounge access via Mastercard Travel Pass, Travel Medical Insurance up to USD 500,000 and 2 free Careem airport rides annually.

What does borrowing on the ila World card cost?+

The card charges 24% on borrowing, which is well above the site median of 15.5%. The card is a credit card, so balances are paid down monthly rather than cleared in full each cycle. Cashback is earned on spend at 1.5%.

How do I access my money in the SavingsPlus account?+

SavingsPlus is an easy access account with no lock-in period, so the balance stays fully accessible on demand. Interest is paid monthly straight into the account. You need a minimum deposit of BHD 3,000 to open it.

What interest rate does ila Bank pay on savings?+

SavingsPlus pays a variable rate, shown as variable, with a headline rate of 2.5% to 2.7%. That headline figure sits near the site median of 3% for easy-access accounts. The rate can move, so the balance is worth checking regularly.

How much can I borrow with an ila personal loan?+

The minimum facility is from BHD 1,000. The published representative example shows a personal loan at a low starting rate for a medium facility over a long term, and the term offered is 84. An origination fee of BHD 110 applies, and free early repayment is listed as no.

Who can apply for an ila personal loan?+

Applicants must be adults past a minimum age, with a minimum income that varies for Bahrainis, non-Bahrainis and the self-employed. A minimum employment period applies before applying. The loans are aimed at home improvement.

How quickly is a personal loan paid out?+

Money is credited straight to your ila BHD account once the application is approved, so Funds credited directly to the ila BHD account upon approval. ila Bank is a direct lender, so you deal with one provider rather than a broker or marketplace.

How can I get help from ila Bank?+

You can reach the bank through email, phone and help centre. That mix covers a help centre for self-service questions as well as phone and email for anything more involved. The bank is based in Bahrain and serves that market.

Sources

  • assets.ctfassets.net/2c8e80nprabl/1U5eLaHr7a8fefU4J8bwKB/... checked September 26, 2026

    Backs: Free early repayment, Lender type, Arrangement fee, Representative example, Term

    “Early Settlement Fee 1.1% of outstanding loan facility amount or BHD 110 whichever is lower”

  • ilabank.com/faq/1D3f7BJf7BBFY2kTfsgqQI checked September 26, 2026

    Backs: APR

    “monthly interest rate of 2%”

  • ilabank.com/FAQs checked September 26, 2026

    Backs: Support channels

    “support@ilabank.com, +973 17123456”

  • ilabank.com/ila%20Personal%20Loan checked September 26, 2026

    Backs: Loan amount, Eligibility, Funding time, Loan types, Use cases

    “Access a personal loan starting from BHD 1,000”

  • ilabank.com/ilaworld checked September 26, 2026

    Backs: Annual fee, Card kind, Cashback rate, Features, Pricing model, Perks, Rewards rate, Rewards type

    “No Annual Fees for the primary cardholder”

  • ilabank.com/SavingsPlus checked September 26, 2026

    Backs: Access terms, Account kind, Headline rate, Minimum deposit, Rate type

    “Your money stays fully accessible - whenever you need it. / No lock-in period”

  • linkedin.com/company/ilabank checked September 26, 2026

    Backs: Founded, Headquarters, Legal entity

    “Founded: 2019”

Compiled from 7 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Currency conversion fee.

ila Bank

ila Bank

A single app for a rewards credit card, easy-access savings and a personal loan in Bahrain.

8.5/10See alternatives