The Tayseer Card is a credit card issued by Palestine Islamic Bank, offering customers a credit facility for regular, online purchases and cash withdrawals through POS and ATM machines worldwide. The bank pays for withdrawals and charges them to the customer’s card, with the customer paying the charges on a monthly installment basis against an annual subscription fee calculated on a monthly basis.

To read how the Tayseer card conforms to Sharia banking conditions  click here

  • A renewable credit facility of up to three times the cardholder’s salary, up to a maximum of USD 6000.
  • The ability to make purchases and withdrawals through POS, electronic online shopping and ATM machines worldwide.
  • Pay off your balance in monthly installments of 8.33% of the total balance until the balance reaches 25 USD.
  • No profit or interest charged on the card’s used and current balance
  • SMS notifications to a registered mobile for every transaction made
  • Receive a monthly statement showing cash withdrawals and purchase transactions
  • Withdraw the available balance on the card through Palestine Islamic Bank ATM machines without incurring any interest
  • Ability to make online purchases with the card
  • A fixed monthly fee charged to the card
  • Cashback paid on the value of purchases at many companies and exhibitions.
  • If the customer’s salary is not transferred to the bank, they must provide an employee sponsor who can transfer their salary to the bank
  • 100% cash insurance for non-salary transfer customers if the cash insurance is in the same currency as the card and 120% cash insurance if the cash insurance is in a currency other than the card currency.
  • The customer’s total monthly obligations must not exceed 50% of the family’s approved monthly income including Tayseer card instalments.
  • The customer must sign the terms and conditions of the card and a promissory note of 100% of the card’s value.
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The card enables you to withdraw cash from the Bank's ATM network free of charge
The card enables you to withdraw cash from outside the Bank's ATM network in returnt for a withdrawal comission
Online purchases and purchases from stores that accept the card without any comissions
Excemption from the comission of an outgoing transfer during the first quarter, with a maximum of 10 USD - -
Issue and renew the ATM card free of charge - - -
To issue a regular cheque book of 20 pages, or two cheque books of 10 pages each, once per year free of charge - - - -
50 USD excemption from the comission related to the iron box (Safes) - - - - -
The ability to use the card for purchases and cash withdrawals $1,000 $2,000 $3,000 $4,000 $5,000 $6,000
Cashback
Sbitany 8.33% 8.33% 8.33% 8.33% 8.33% 8.33%
Medicare 5% 6% 6% 6% 6% 6%
Amin Furnature - Ramallah 5% 5% 5% 5% 5% 5%
Abu Hamad Mobile - Jenin 5% 5% 6% 6% 6% 6%
Beauty Smile Dental Clinic - Nablus 5% 5% 10% 10% 10% 10%
AlAmro Furnature Stores - Jenin 5% 6% 6% 6% 6% 6%
Gardenz Market- Ramallah 2% 2% 2.5% 2.5% 2.5% 2.5%
Nutrihealth 12% 12% 15% 15% 20% 20%
Roots Hotel & Restaurant -Gaza 6% 6% 8% 8% 12% 12%
Abu maraq Men's Clothing Store - Gaza 10% 10% 15% 15% 20% 20%
Technogym Center -Gaza 5% 5% 8% 8% 10% 10%
Uptown Res & Cofe -Gaza 10% 10% 12% 12% 15% 15%
Arak Clinic 10% 10% 15% 15% 20% 20%

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