SiFi review
Updated September 28, 2026 · HodlCue Editorial Team · Facts checked September 26, 2026
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Our verdict
SiFi is a prepaid Mastercard built for business accounts in Saudi Arabia, aimed at companies that want a corporate card with a monthly fee of SAR 0. It adds cashback of 0% to 1.5%, a virtual card and travel perks under Saudi Central Bank supervision.
Key facts
- Best for
- Business accounts in Saudi Arabia carrying a monthly fee of SAR 0.
- Monthly fee
- SAR 0↗
- Card type
- Prepaid↗
- Cashback rate
- 0% to 1.5%↗
- Card network
- Mastercard↗
- Legal entity
- Alhulul Almobassatah Financial Company↗
- Headquarters
- Saudi Arabia↗
- Support channels
- Email, Chat, Phone, Help-centre↗
- Features
- Virtual card, Travel
- Audience
- Business
- Official website
- sifi.app
Facts checked September 26, 2026, 4 sources
Apps and profiles
- Get the app
- App StoreGoogle Play
- Elsewhere
- LinkedInXinstagram.comtiktok.com
Pros and cons
Pros
- The business account carries a monthly fee of SAR 0.
- Spending on the card can earn cashback of 0% to 1.5%.
- Virtual card and travel benefits sit in the package (virtual card and travel).
- Support covers email, chat, phone and a help centre (email, chat and phone).
Cons
- The card is prepaid, so the balance has to be funded before it can be spent.
- Cashback runs 0% to 1.5%, so part of the spending on the account earns nothing.
- The account is built for business audiences (business), which makes it a poor match for a personal card search.
Who it suits
- Businesses in Saudi Arabia that want a card on mastercard with a monthly fee of SAR 0.
- Teams that want a virtual card for online spending plus travel benefits (virtual card and travel).
- Firms that want phone and chat support as well as email and a help centre (email, chat and phone).
Who should look elsewhere
- Anyone after a personal account: SiFi is built for business audiences (business), so Monzo Flex, with a monthly fee of £0, is worth checking instead.
- Users outside Saudi Arabia: the account is registered in Saudi Arabia and supervised by the Saudi Central Bank, so Wise or Bitpanda is the place to start.
The company behind it
SiFi is operated by Alhulul Almobassatah Financial Company, registered in Saudi Arabia and supervised by the Saudi Central Bank. Support runs through email, chat and phone, so a business can raise a card question by email, chat, phone or the help centre, and the same channels handle account admin.
How SiFi compares
Bitpanda charges a monthly fee of €0; the case for SiFi rests on cashback of 0% to 1.5% and a business-only account (business).
Where SiFi is available
- Available
- Saudi Arabia
- Licence in Saudi Arabia
- Saudi Central Bank (SAMA), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does SiFi charge each month?+
SiFi's business account has a monthly fee of SAR 0. That is the headline cost, and the card also pays cashback of 0% to 1.5% on spending. The card runs on mastercard, so it is accepted wherever that network is taken, including on trips abroad.
How much cashback does the SiFi card pay?+
Cashback runs 0% to 1.5% on the card, so the reward depends on the rate a given spend earns. Because the range starts low, part of the spending on the account can earn nothing at all, and cardholders should read the reward terms before treating cash back as a reason to spend.
Is the SiFi card a debit card?+
No. The card is prepaid, so the balance is funded first and then spent, rather than being drawn from a bank account on demand. It runs on mastercard and the account carries cashback of 0% to 1.5% on the spending that does qualify.
Can I get a virtual SiFi card and travel benefits?+
The account lists virtual card and travel among its features, so a virtual card for online spending and travel benefits are part of the package. The card runs on mastercard, and the business account has a monthly fee of SAR 0, which keeps holding it cheap for a team.
Who regulates SiFi?+
The card is issued by Alhulul Almobassatah Financial Company, registered in Saudi Arabia, and supervised by the Saudi Central Bank. The licence sits with the Saudi regulator, so the account follows Saudi rules and SiFi is built for businesses in that market rather than a wider set of ones.
Who can open a SiFi account?+
The account is aimed at business audiences (business), not personal ones, so a company or its finance team is the expected user. Its monthly fee of SAR 0 is charged on that business account, which keeps the cost of holding cards for a team down.
How do I contact SiFi support?+
Support runs through email, chat and phone, so help is available by email, chat, phone and a help centre. Because the account is aimed at businesses (business), the same channels cover both card questions and account admin for the finance team.
Sources
- sama.gov.sa/en-US/MediaCenter/News/Pages/news-974.aspx checked September 26, 2026
Backs: Licences
- sifi.app/en/benefits/sifi-card-benefits checked September 26, 2026
Backs: Card network
“Explore the exclusive perks available to you as a Mastercard cardholder.”
- sifi.app/en/legal checked September 26, 2026
Backs: Card type, Headquarters, Legal entity, Support channels
“The Account is an e-money account. The Customer acknowledges that the Account is not a bank account. There is no overdraft facility available on the Customer's Account.”
- sifi.app/en/legal/payment-cards-extension checked September 26, 2026
Backs: Cashback rate
“Tier 3 More than SAR 100,000 Up to 1.5% cashback; Tier 2 Between SAR 25,001 to SAR 100,000. Up to 0.5% cashback; Tier 1 Between SAR 0 to SAR 25,000. No cashback”
- sifi.app/en/pricing checked September 26, 2026
Backs: Audience, Features, Monthly fee
“Starter - For micro businesses. Essential - For small & mid-sized businesses. Advanced - For large companies.”
Compiled from 5 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Currency conversion fee, Free ATM withdrawals, Protection.