Khaleeji Bank has announced new added benefits of the ‘Ajyal’ account, designed for minors under the age of 21.
This initiative aims to provide practical banking solutions that support cardholders who are students studying outside the Kingdom or travelling, helping them manage their daily expenses easily and securely during their stay abroad.
The ‘Ajyal’ account is one of the distinguished savings solutions offered by Khaleeji Bank, providing an expected profit rate of up to 3.025 percent, in addition to a range of banking benefits specifically designed to meet the needs of students and their parents.
These features contribute to delivering a flexible banking experience that aligns with the requirements of studying and everyday life outside Bahrain.
These benefits include 2.7 percent cashback on US dollar transactions and 2 percent cashback on foreign currency transactions, making the Khaleeji card linked to the account one of the best available cards for students using their bank cards outside Bahrain.
This new feature by Khaleeji Bank allows customers to make payments directly using the card and benefit from cashback without the need to use other cards or make additional money transfers, saving them time and costs while helping them manage their daily expenses efficiently.
This cashback benefit applies to all US dollar and foreign currency transactions made by all the “Ajyal” account holders, whether the transactions are conducted inside or outside the Kingdom of Bahrain. The cashback also covers online transactions carried out in foreign currencies, enabling customers to benefit from cashback when making international payments or purchases through digital platforms.
Ameera Ahmed Al Abbasi Head of Retail Banking Khaleeji Bank
“At Khaleeji Bank, we are committed to developing innovative banking solutions that meet the needs of different customer segments, including students studying outside the Kingdom. Enhancing the benefits of the ‘Ajyal’ account reflects our commitment to providing practical banking tools that help them manage their daily expenses with ease and security, offering an expected profit rate of up to 3.025 percent, along with 2.7 percent cashback on US dollar transactions and 2 percent on foreign currency transactions, giving them added value when using their bank cards outside Bahrain.”
She further noted that the cashback feature is also available to all Ajyal account holders and includes online transactions conducted in foreign currencies, providing greater flexibility for customers when making payments or purchases through international digital platforms.
“Through these benefits, we aim to provide a more flexible banking experience for students and their parents, enhancing their ability to monitor and manage their expenses efficiently while benefiting from cashback on international transactions without the need to use other cards or make additional money transfers, making the Khaleeji card linked to the account one of the best options available to them,” Ameera Ahmed concluded.