Get what you love now,
and pay for it later.
- Plan It is an installment payment option that provides you financial flexibility.
- Choose the plan that works for you and enjoy your purchase.
- Buy the things you love when you want
- Pay conveniently with your choice of plan
- Transparent payment plan
- Enhanced purchasing power
- Ease in cashflow management
Sign-in to the Amex KSA app
Tap on one of the eligible purchases that you want to use Plan It™ for
Select a monthly plan
Submit your plan
After submitting your plan, you will be notified with a confirmation email and SMS.
For transactions below Ʀ 25K, the profit rate is 1%.
For transactions above Ʀ 25K, the profit rate is 1.5%.
For comparison purpose, below are the Plan It service term costs, expressed as both a flat percentage
For transactions equal or below Ʀ 25,000 or 6,667 USD
| Tenure | Flat monthly % (Murabaha Margin) | Diminishing balance % | APR (including Ʀ 50 initiation fee) |
|---|---|---|---|
| 3 Months | 1% | 1.5% | 25.83% |
| 6 Months | 1% | 1.70% | 26.24% |
| 9 Months | 1% | 1.76% | 25.99% |
| 12 Months | 1% | 1.79% | 25.80% |
| 24 Months | 1% | 1.80% | 24.97% |
The APR presented in the table above is calculated based on an indicative finance amount of Ʀ 12,000, inclusive of a fixed initiation fee of Ʀ 50, and may vary depending on the actual finance amount.
For transactions greater than Ʀ 25,000 or 6,667 USD* and a diminishing balance percentage**.
| Tenure | Flat monthly % (Murabaha Margin) | Diminishing balance % | APR (including Ʀ 50 initiation fee) |
|---|---|---|---|
| 3 Months | 1.5% | 2.23% | 36.62% |
| 6 Months | 1.5% | 2.52% | 38.90% |
| 9 Months | 1.5% | 2.61% | 39.18% |
| 12 Months | 1.5% | 2.65% | 39.15% |
| 24 Months | 1.5% | 2.62% | 37.60% |
The APR presented in the table above is calculated based on an indicative finance amount of Ʀ 25,000, inclusive of a fixed initiation fee of Ʀ 50, and may vary depending on the actual finance amount.
* Flat percentage applied on the original transaction amount and applied on a monthly basis.
** Diminishing balance percentage is the percentage at which the term cost is calculated on the remaining balance of the transaction amount after each payment is applied, with the remaining balance decreasing on a monthly basis.
