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STC Bank review

Updated September 28, 2026 · DebitCue Editorial Team · Facts checked September 26, 2026

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Our verdict

STC Bank suits Saudi businesses that want a prepaid card with no account-keeping cost and a virtual option for online spending. The catch is currency conversion: fees of 2% on foreign spend sit well above the prepaid median of 0.5%, so heavy overseas use is costly.

Key facts

Best for
Saudi businesses wanting a fee-free prepaid card with virtual card access.
Monthly fee
SAR 0 (Source, checked September 26, 2026)
Currency conversion fee
2% (Source, checked September 26, 2026)
Card type
Prepaid (Source, checked September 26, 2026)
Cashback rate
0.5% (Source, checked September 26, 2026)
Card network
Visa (Source, checked September 26, 2026)
Legal entity
STC Bank (closed mixed joint-stock company, CR 1010901344) (Source, checked September 26, 2026)
Headquarters
Saudi Arabia (Source, checked September 26, 2026)
Support channels
Email, Chat, Phone, Help-centre (Source, checked September 26, 2026)
Features
Virtual card, Travel
Audience
Business
Official website
stcbank.com.sa

Credit cards

Annual fee
SAR 250 (Source, checked September 26, 2026)
Currency conversion fee
2% (Source, checked September 26, 2026)
Rewards type
Cashback (Source, checked September 26, 2026)
Rewards rate
0.5% and 1% cashback (Source, checked September 26, 2026)
Perks
Airport lounge access at 25 lounges worldwide with 6 visits per year, 15% discount, Cashback on local and international purchases (Source, checked September 26, 2026)
Cashback rate
0.5% to 1% (Source, checked September 26, 2026)
Card kind
Credit (Source, checked September 26, 2026)
Legal entity
STC Bank (closed mixed joint-stock company, CR 1010901344) (Source, checked September 26, 2026)
Headquarters
Saudi Arabia (Source, checked September 26, 2026)
Support channels
Email, Chat, Phone, Help-centre (Source, checked September 26, 2026)
Features
Virtual card, Travel
Audience
Business

Apps and profiles

Get the app
Google Play
Elsewhere
LinkedInXappgallery.huawei.com

Pros and cons

Pros

  • No monthly account charge on the prepaid card, at SAR 0
  • A virtual card and travel features are listed for the prepaid offering
  • Support covers email, chat and phone
  • Cashback on local and international purchases is included with the credit card

Cons

  • Currency conversion of 2% is high against a prepaid median of 0.5%
  • The credit card carries an annual fee of SAR 250
  • The prepaid card ranks low on currency conversion, at position 160 of 259
STC Bank

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Scored 8.9 / 10 by DebitCue.

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Who it suits

  • Businesses in Saudi Arabia that mostly spend domestically
  • Anyone wanting a virtual card alongside a physical prepaid one
  • Travellers who want lounge access and cashback on the credit side

Who should look elsewhere

  • Frequent overseas spenders, who should weigh Skrill instead
  • Shoppers avoiding an annual charge on a rewards card
  • Card users who want monthly fees eliminated, where JMMB Moneyline and JMMB Money Transfer prepaid card also lists JMD 0

Fees and FX

The prepaid card has a monthly fee of SAR 0, matching the prepaid median of €0. Currency conversion is the real cost: 2% on foreign spend, where the prepaid median is 0.5% and the lowest prepaid rates sit at 0%. Domestic spending carries no monthly charge, but overseas purchases cut into the budget quickly.

The company behind it

STC Bank is registered in Saudi Arabia as STC Bank (closed mixed joint-stock company, CR 1010901344), and it is supervised by the Saudi Central Bank (SAMA) under a Council of Ministers resolution. Support runs on email, chat and phone, so phone, chat, email and a help centre are all listed. The bank is a regulated domestic institution rather than an offshore money service.

How STC Bank compares

Where STC Bank is available

Available
Saudi Arabia
Licence in Saudi Arabia
Saudi Central Bank (SAMA) (Council of Ministers Resolution No. 671, 12/11/1442 H (22/06/2021)), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What is the monthly fee on the STC Bank prepaid card?+

The prepaid card has a monthly fee of SAR 0, which matches the prepaid median of €0. Keeping the account open for everyday business spending therefore adds no recurring cost. The credit card on the same bank is priced differently, with an annual fee of SAR 250.

How much does STC Bank charge for currency conversion?+

Currency conversion costs 2% on the prepaid card. That is above the prepaid median of 0.5% and well above the lowest prepaid rates at 0%. Domestic purchases in Saudi Arabia avoid this charge.

Is STC Bank regulated?+

Yes. STC Bank is supervised by the Saudi Central Bank (SAMA), and the bank operates as STC Bank (closed mixed joint-stock company, CR 1010901344) in Saudi Arabia. The licence was granted by Council of Ministers resolution, so deposits sit with a domestically supervised institution.

Does STC Bank offer a virtual card?+

A virtual card is listed among the prepaid card features, alongside travel features. That lets staff add online-only card details without handing over a physical card. The prepaid card itself is prepaid, and the wider range runs on the visa network.

What support can I reach on an STC Bank account?+

Support runs on email, chat and phone. That means phone, live chat, email and a self-service help centre are all listed. The phone channel is the most common way businesses on the site reach their bank, ahead of the help centre.

Is there cashback on an STC Bank card?+

Cashback is part of the credit card offering, on local and international purchases, at 0.5% to 1% depending on the tier. The rewards type is cashback. The prepaid card lists its own cashback rate of 0.5% separately.

What extras come with the STC Bank credit card?+

The credit card lists airport lounge access at airport lounge access at 25 lounges worldwide with 6 visits per year, 15% discount and cashback on local and international purchases, plus a discount perk and cashback on local and international purchases. Lounge visits are capped per year under the same perk. It runs on the credit model, so it is a borrowing product rather than a debit or prepaid account.

Who is the STC Bank card aimed at?+

The listed audience is business, so the cards are aimed at business users rather than personal shoppers. The prepaid card suits companies handling local spend, and the credit card adds cashback and lounge benefits for business travel.

Sources

  • stcbank.com.sa checked September 26, 2026

    Backs: Audience, Headquarters, Legal entity, Card network, Licences

    “Business: open a business account, POS, e-commerce”

  • stcbank.com.sa/web/guest/cards checked September 26, 2026

    Backs: Card type, Cashback rate, Features, Currency conversion fee, Monthly fee

    “Prepaid cards (Classic, Platinum, Signature, Mada); account balance is loaded, not credit”

  • stcbank.com.sa/web/guest/credit-cards checked September 26, 2026

    Backs: Annual fee, Card kind, Cashback rate, Perks, Rewards rate, Rewards type

    “Platinum card annual fee 250 SAR (free in the first year)”

  • stcbank.com.sa/web/guest/notice-of-transformation-to-stc-... checked September 26, 2026

    Backs: Support channels

    “You can contact them via 8001180008 (toll-free inside Saudi Arabia) or 92001144, or via the live chat service in the app, or via email info@stcbank.com.sa, or via social media”

Compiled from 4 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Free ATM withdrawals, Protection.

STC Bank

STC Bank

Saudi businesses wanting a fee-free prepaid card with virtual card access.

8.9/10See alternatives