STC Bank recently introduced a new credit card product line featuring four tiers—Platinum, Signature, Infinite, and Infinite Privilege.

Enhancing Customer Benefits

The bank’s latest offering caters to diverse customer segments with varying spending behaviors and financial requirements. The credit cards provide a cashback program of up to 10% on selected expense categories, while also offering benefits that apply both domestically and internationally. Each tier supports immediate digital issuance and can be entirely managed through the STC Bank app, covering transaction monitoring and account management in the bank’s digital ecosystem.

This launch aligns with STC Bank’s broader strategy to foster its digital banking environment by integrating financial solutions that balance operational efficiency with an optimized mobile experience. The product line adheres to approved credit policies and relevant terms and conditions.

Based in Saudi Arabia, STC Bank is part of the STC Group, a leading telecommunications and technology conglomerate in the region. The bank operates under a digital-first model, appealing to customers who prefer handling financial services via mobile and digital channels over physical branches.

Collaboration with Mastercard

Prior to this announcement, at the start of 2026, STC Bank collaborated with Mastercard to enhance cross-border payment capabilities in the kingdom. This partnership leveraged Mastercard Move’s financial movement tools and aimed to improve the Saudi payments landscape by driving digital transformation in financial services due to increasing digital adoption and evolving customer needs.

Digital Bank Status

A year earlier, STC Bank gained permission to operate as a digital bank within Saudi Arabia. This authorization allowed the institution to offer digital banking services nationwide, enabling customers to open accounts, handle financial matters online, pay bills, receive salaries, and transfer funds independently of traditional banking networks.