Dear Private Banking Member,
Thank you for choosing SNB as your financial solutions provider, and for choosing the AlAhli Credit Card as your preferred payment card.
We are pleased to present to you the concierge benefit of your MasterCard World Elite
MasterCard World Elite LAK Benefits
We are pleased to present to you the rewards and benefits of your MasterCard World Elite
LAK Program (Loyalty Program)
A program that offers you LAK Points every time you use your AlAhli Credit Card. You will earn points as follows:
|Card Category||LAK Points earned for every SAR 1 of Local retail purchases||LAK Points earned for every SAR 1 of International retail purchases|
|World Elite ||2||2.5|
* Minimum spend of SAR 100
You can easily redeem your LAK Points, through our dedicated website www.lakrewards.com. It is easy to access the website using your membership number, which is provided to you in multiple channels as follows:
- Printed on your AlAhli Credit Card (the 10-digit number printed under your name).
- Printed on your monthly statement.
Your LAK Points can be redeemed for the following items of your choice:
You can redeem your LAK Points for the below loyalty program:
|Redemption Options||Number of "LAK" Points||Redeemed Value|
|Mobily ||10,000 "LAK" Points||1,000 Neqaty |
|Eithad Airways||8,000 "LAK" Points||1,000 Eithad Guest |
|Airline Tickets, , Hotel Bookings||1,000 "LAK" Points||SAR 8|
|Saudi Airlines - AlFursan Miles||7,000 "LAK" Points||1,000 Fursan Miles|
|Malaysia Airlines - Enrich Miles||5,600 "LAK" Points||1,000 Enrich Miles|
|Hilton HHonors Points||40,000 "LAK" Points||10,000 Hilton HHonors Points|
|Shukrans land Mark ||6,100 "LAK Points ||1,000 Shukran |
Hotel And Flight Booking
You can book hotels and/or flights anywhere in the world at any time using your LAK Points by redeeming them in the www.lakrewards.com
|Redemption Option||Number of LAK Points ||SAR Value|
|Hotel and Flight Bookings||1,000||SAR 8|
You can choose to redeem for the E-Gift Card of your choice which can be used at popular stores in Saudi Arabia, Dubai, Lebanon, US and UK.
Upon your redemption, electronic E-gift Card will be delivered within 7 working days to your email address registered with us.
Each E-Gift Card will be issued for a specific partner merchant.
The E-Gift Card comes in multiplies of SAR 50 as follows:
|Redemption Option||Number of LAK Points ||SAR Value *|
|E-Gift Card||5,000||SAR 50|
* Or AED 50, USD 14 depending on the location of the participating merchant.
Using the E-Gift Card is easy; take a printout of the eGift Card or carry the barcode on your smart phone for scanning when visiting a partner outlet.
(Note: Once the barcode is scanned, any balance amount will not be refunded or carried forward.)
The E-Gift Card program is growing to have more merchants in the near future. Now, we are more than 60 participating merchants, from different countries, included in the E-Gift Card Program.
LAK Points can also be converted into Cash (Saudi Riyals) which would be credited into your AlAhli Credit Card account.
|Redemption Option||Number of LAK Points *||SAR Value |
|Cash Back||1,000||SAR 8|
* Minimum per redemption is 50,000 LAK points, and each redemption should be multiples of 10,000
For more information please click MasterCard World Elite .
* Terms and conditions apply, Annual Percentage Rate is 31.37% for Private Banking Customers.
**Annual Fees is SAR 2,000 and waived for Private Banking Customers.
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