Comparison

SAIB Mobile vs Rasheed

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

SAIB Mobile

Manage your finances with a secure and intuitive mobile banking app. Perform transactions, pay bills, transfer funds, and manage your cards and investments all from your smartphone.

Highlights
  • User registration and quick login options
  • Dashboard for account overview and transaction monitoring
  • Seamless fund transfers and bill payments
  • Comprehensive card management (mada, credit, travel)
  • Apply for and manage finance products (loans)
  • Investment portfolio overview and market updates
Features
Read full description

Welcome to the future of banking with the Saudi Investment Bank‘s all-new Mobile Banking App! Designed with cutting-edge technology and a sleek intuitive user interface. Our app delivers an unparalleled banking experience at your fingertips. Whether you are at home, at work, or on the go, the SAIB Mobile App is your reliable partner for seamless, secure, and swift financial management. 1. User Registration and Setup:
 New to SAIB? Easily register through the app’s seamless process. After registration, enable quick login options such as Face ID, Touch ID, or a secure passcode for future logins. You can also save your credentials to simplify future access without compromising security. 2. Login Options:
 Our app offers a range of secure login methods tailored to your preference. You can log in using a traditional username and password or opt for faster, more convenient methods like biometrics or PIN logins. 3. Dashboard Overview:
 Manage all your finances at a glance with our dashboard. View account balances, monitor transactions, pay bills, and transfer money seamlessly to your favorate beneficiaries. With easy access to essential banking features, your financial management has never been more efficient. 4. Account and Profile Management:
 Manage profile settings, preferences and even customize the app theme effortlessly. You can open new additional accounts instantly within the app. Everything you need to personalize your banking experience is just a few taps away. 5. Transfers & Payments:
 Effortlessly transfer funds to your accounts or beneficiaries, both locally and internationally. The app supports a variety of payment options, including quick transfers and bill payments for utilities and government services. You can also manage recurring payments with a simple, streamlined process. All payments are handled securely and quickly for your convenience. 6. Card Management:
 From mada cards to travel and credit cards, SAIB Mobile banking allows you to manage all your cards in one place. View balances, transaction history, and activate or block cards as needed. Add cards to Apple Wallet for seamless, contactless payments. You can also control spending limits, manage PIN settings. With comprehensive tools, you’ll have complete control over your cards anytime, anywhere. 7. Finance Products:
 Stay on top of your finances with an integrated dashboard that provides an overview of your current loan, repayment schedules, and details. You can apply for new loans, including personal or home finance, and even refinance existing ones. Manage overdue payments, early settlements, or explore new financing options directly through the app, ensuring you have the financial flexibility you need. 8. Investment Services:
 Have an updated insight of your investment portfolio with ease. SAIB Mobile Banking offers comprehensive investment services including an overview of your investments, view market updates, IPO subscriptions and even subscribing to new funds with just a few taps. 9. Contact and Help Center:
 Need assistance? SAIB Mobile Banking provides instant support through live chat and a dedicated FAQ section covering accounts, transactions, and cards. For further support you can submit requests, complaints, or track the status of your previous interactions directly through the app. 10. Marketplace & Loyalty Program:
 Maximize your banking experience with SAIB’s exclusive loyalty program. Track your points, view rewards, and redeem them for a variety of benefits, including travel miles, cash, or exclusive offers. Explore gift vouchers, partner deals, and other special promotions designed just for you. Revolutionize Your Banking Today! With SAIB’s new Mobile Banking App, we’re transforming the way you manage your finances—putting you in control of your money in a more efficient, secure, and personalized way. Whether you’re paying bills, managing your accounts, or seeking financial advice, you’ll find everything you need in one place.

About

Rasheed

Simplify your finances and manage your budget with this expense tracking tool. Capture receipts digitally, automatically categorize spending, and set budget goals for real-time progress updates. Gain insights into your habits to make informed financial decisions.

Highlights
  • Digital receipt capture
  • Automatic expense categorization
  • Budget goal setting
  • Real-time progress updates
  • Spending insights and reports
Features
Read full description

Rasheed: Your Smart Financial Hub Organize your spending, save every receipt with a single tap, and turn everyday purchases into rewards. Some features are subject to usage limits. A paid subscription is required for continued access after the free usage limit is reached. Rasheed is not another expense tracker. It is a smart financial companion powered by TapCeit — the one-tap device that captures your receipt the moment you pay. No paper. No shoebox of faded slips. No lost warranties. Organize money the way you live Create Pockets for what matters — Personal, Shared, or Business — and set Slices inside each one to budget by category. See exactly where your money goes, and decide where it should go next. One tap, every receipt Tap TapCeit at checkout, and your receipt is saved instantly. Warranty cards, vouchers, and medicine notes are filed automatically in your Cabinet, so you can find them the day you actually need them. Share budgets, build awareness Invite family or friends to a Shared Pocket, split costs fairly, and settle up in a few taps. It is also a natural way to teach children how money really works. Earn as you spend Every tap grows your Green Score and moves you up the tiers — Leaf, Plant, Tree, Forest. Redeem your points in the Offers Hub for exclusive gifts and partner discounts. Understand your habits Simple visual reports and spending trends turn raw numbers into decisions you can act on. Better for the planet Every digital receipt is one less printed. A small tap, with a real cumulative impact on paper waste. Get started in three steps • Capture — log expenses by text, voice, or photo, or just tap TapCeit at checkout. • Review — check your reports to see where your money actually goes. • Earn — keep your warranties safe and turn your points into rewards. Be Rasheed. Spend with intention. Download Rasheed today — organize your spending, keep every receipt, and earn as you go Terms of Use are https://www.apple.com/legal/internet-services/itunes/dev/stdeula/

Screenshots

SAIB Mobile4 screens
Rasheed4 screens

Verdict

The call

The clearest difference is ratings volume: SAIB Mobile at 3.3K against Rasheed's 3. Rasheed's advantage is rating (5.0 vs 4.8) and device support (3 vs 1). On price, update cadence, ads and in-app purchases there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

ReceptionRating · Positive reviews · Number of ratings

Rasheed holds the better App Store score, 5.0 against 4.8. That said, the two scores are not equally well evidenced: SAIB Mobile has 3.3K ratings behind it against 3, so its average is the more settled of the two.

UpkeepUpdate frequency

SAIB Mobile ships an update every 2 weeks, Rasheed fortnightly. The most recent releases landed on October 16, 2026 and October 4, 2026 respectively.

Scorecard3 real differences · 7 level
SAIB Mobile versus Rasheed: the parameters behind the verdict, then further details
ParameterSAIB MobileRasheed
PriceFreeFree
Rating4.8 (3.3K ratings)5.0 (3 ratings) — better
Positive reviews63.1% of reviews—
Number of ratings3.3K — better3
Update frequencyEvery 2 weeksFortnightly — better
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhoneiPhone, iPad, iPod — better
Requires iOS16.015.5 — better
Further details — not scored
Size168 MB125 MB
Age rating4+4+
DeveloperThe Saudi Investment BankInnovative Digital Solutions Company

Customer experience

SAIB Mobile

All ratings3,320 ratings
Positive94.3%
Neutral0.6%
Negative5.1%
Written reviews111 reviews
Positive63.1%
Neutral3.6%
Negative33.3%

Rasheed

All ratings3 ratings
Positive100.0%
Neutral0.0%
Negative0.0%

Bugs and requests

SAIB Mobile

Reported bugs

2 issues
  • App not working for approximately a month
  • Login issues preventing access to accounts

Requested features

2 requests
  • Expand app availability beyond pilot mode
  • Improve app stability and reliability

Rasheed

Not enough reviews yet to summarise bugs or requests.

In-app purchases

None

SAIB Mobile

No in-app purchases

None

Rasheed

No in-app purchases

Questions

Is SAIB Mobile free?
SAIB Mobile is free to download, with no in-app purchases.
Is Rasheed free?
Rasheed is free to download, with no in-app purchases.
Which has better reviews, SAIB Mobile or Rasheed?
Rasheed is rated higher. SAIB Mobile averages 4.8 out of 5 from 3.3K ratings, while Rasheed averages 5.0 from 3 ratings.
Do SAIB Mobile or Rasheed have ads?
Neither SAIB Mobile nor Rasheed shows ads.
Which is updated more often, SAIB Mobile or Rasheed?
SAIB Mobile ships an update every 2 weeks, and Rasheed fortnightly. Most recently, SAIB Mobile was updated on October 16, 2026 and Rasheed on October 4, 2026.

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