"Instant Saving feature allows you to save with every purchase you make using your debit or credit card; a pre-set percentage or a rounded-up amount of each transaction value will be automatically transferred/saved to your account and/or your children’s “Arabi Junior” account(s). You can set up this feature easily through “Arabi Mobile” app, by following the below steps:
- Choose whether to treat this transfer as a “Debit Card” or “Credit Card” transaction.
- Choose the desired option for the instant saver feature as follows :
Option One: to set a percentage of the purchases amounts on the card between 1% and 100%. Which means that you can add an extra amount to the total purchase based on the defined percentage.
For example, using the percentage option, for a card purchase of 12.30 JDs, with a 10% Instant Saving option, the total amount will be 13.53 JDs (1.23 JDs Instant Saving).While at 50% instant saving option, the total amount will be 18.45 JDs (6.15 JDs instant saving).
Option Two: round up to the nearest amount, which means adding an extra amount to the total purchase based on the round-up settings (1JDs, 5JDs or 10JDs).
For example, using the round-up option, for a card purchase of 12.30 JDs, with a 1-JD round-up option, the total will be 13.0 JDs (0.7 JDs Instant Saving), at a 5 JD round-up option, the total will be 15.0 JDs (2.7 JDs Instant Saving), at a 10 JD round-up option, the total will be 20.0 JDs (7.7 JDs Instant Saving).
- The three options, less than or equal 200, between 200 and 999.99JDs, and greater than or equal to 1000 JDs are the three transaction amount categories that will define the total saving value.
- The Instant Saving amount will be divided equally among the chosen accounts.
Terms & Conditions apply.