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Turn your savings into exciting rewards—join a Reward Pot today and get a chance to win valuable prizes!

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Why join ?

FAQs

  • What are ?

    are a savings product that allows you to set a saving goal of 500, 1,000, 5,000, or 10,000 SAR, and you should save money for over 4 months. When you complete your goal, you enter a draw for valuable rewards along with your savings.

  • How are profits calculated?

    We’ll explain the wat of profit calculation

    Pot type Monthly savings Duration Expected profit rate Value of expected profit by end of the period Total savings plus expected profit*
    10,000 SAR 2,500 SAR 4 Months 0.50% 5.31 SAR 10,005.31 SAR
  • Can I join more than one pot?

    Yes, you can participate in multiple pots, but you cannot join the same pot more than once.

  • How do I enroll in ?

    Enrollment is open during the first two months when the campaign is launched through the STC Bank app. If you enroll in the second month, you’ll need to start paying the amount for both 1st and 2nd months to stay on track.

  • How are the savings goals structured?

    Your chosen saving goal is divided into equal monthly payments for over 4 months. For example, a 500 SAR goal is divided into 125 SAR per month. Each monthly payment builds toward your total savings and helps you win rewards.

  • Can I pay the full amount at once?

    You seem rich ! Yes, you can pay the full amount at once.

  • What is the automatic payment feature?

    The automatic payment feature ensures that your monthly savings amount is automatically deducted from your STC Bank account on the 7th of each month. This helps you stay on track with your savings goal without the need to worry about manual payments each month.

  • What happens if my account balance is insufficient for the automatic payment?

    If there is an insufficient amount in your account on the due date, the payment will fail, and you have the chance to manually pay the required amount until the 10th of the month to stay eligible for rewards.

  • What happens if I miss a payment?

    If you miss the automatic payment on the 7th of the month, you’ll have to manually pay the amount until the 10th of the month. If you don’t make the payment by the 10th, you’ll be ineligible for rewards.

  • Can I change the due date for the monthly payment?

    Unfortunately, no. The due date is the 7th of every month, and money will be deducted automatically from your STC Bank account. However, you have 3 more days until the 10th as a period to manually pay your monthly amount.

  • Can I still join the after the first month?

    Yes, you can join in the second month, but you’ll need to make up the missed payment for month 1 by starting to pay the amount for month 1 to stay on track.

  • How are the winners selected?

    Winners are chosen randomly at the end of the saving period. The earlier you join; the chance of winning higher prizes will increase.

  • What rewards can I earn?

    By completing your savings goal, you’ll be entered into a draw for valuable prizes that are based on the amount you’ve chosen. The higher the amount you save, the better the rewards you get!

  • When and how are the rewards distributed?

    The rewards will take place at the end of the campaign. You will be notified through STC Bank app for the draw. The reward amounts will either be credited directly, or you can use the voucher on our partner’s website. For the car winner, you will be contacted accordingly upon successful completion of your savings goal.

  • Can I leave the before the 4 months are over?

    You can choose to stop saving at any time, but you will not be eligible for the rewards draw or guaranteed rewards. Your amount of savings will remain in your account.

  • How can I track my progress?

    You can track your savings progress and upcoming payments directly in the app. We’ll also send you notifications to keep you informed and motivated.

  • What if I have further questions or need help?

    If you have any additional questions or need assistance, we’re more than happy to support you through our customer support team via the app.

Join now & start saving towards your reward!

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© STC Bank. All rights reserved

STC Bank, a mixed closed joint stock company, incorporated and existing under the laws of the Kingdom of Saudi Arabia, with paid-up capital of SAR 2,500,000,000, commercial registration number 1010901344 and unified ID number 7010933328, P.O. Box 87912 Riyadh 11652, National Address: 7252 King Khalid Rd – Al Asemah Dist. Ad Dir’iyah 13714 – 5260, Kingdom of Saudi Arabia, www.stcbank.com, licensed by Councils of Ministers under decree 671 dated 12/11/1442H corresponding to 22/06/2021G, and under the oversight and supervision of Saudi Central Bank.

العربية

Regulated by the Saudi Central Bank

Regulated by the Saudi Central Bank

© STC Bank. All rights reserved

STC Bank, a mixed closed joint stock company, incorporated and existing under the laws of the Kingdom of Saudi Arabia, with paid-up capital of SAR 2,500,000,000, commercial registration number 1010901344 and unified ID number 7010933328, P.O. Box 87912 Riyadh 11652, National Address: 7252 King Khalid Rd – Al Asemah Dist. Ad Dir’iyah 13714 – 5260, Kingdom of Saudi Arabia, www.stcbank.com, licensed by Councils of Ministers under decree 671 dated 12/11/1442H corresponding to 22/06/2021G, and under the oversight and supervision of Saudi Central Bank.

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