Which Bank Has The Best Credit Card In Pakistan? This Is A Comprehensive Guide For You To Choose The Right Credit Card For You.
Which Bank Has The Best Credit Card In Pakistan
If you’re like most people, then you probably have at least one credit card in your wallet and some number of cash rewards cards too.
Credit cards are all the rage these days, but which bank has the best credit card in Pakistan? If you’re going to have multiple credit cards, it only makes sense to maximize the benefits that they offer while minimizing the drawbacks. Here’s how to decide which bank has the best credit card in Pakistan.
Determining Which Bank Card Suits You Best
There are a lot of credit cards in Pakistan and they seem to be coming out every month. It’s hard to keep track of them all, which is why it’s a good idea to figure out what kind of card you want. Does your bank have lots of ATMs where you live? Will you pay your bill on time every month?
Think about how much money you plan on spending, then take your pick from one of these popular options. *One of my answers* *Agriculture Development Bank: Offers a multitude of services including savings accounts, education loans and investment funds; it also gives its customers special rates when buying products or taking out loans for agriculture related purchases.
ADB’s Platinum Gold Gold Mastercard® credit card offers 1 percent cash back for bills paid on time every month for 12 months; 0.1 percent cash back if paid after 30 days; no rewards if paid late.* *Bank Al-Falah Limited: A full-service bank that caters to consumers who use their cards infrequently but need low interest rates with perks like rebates and complimentary gifts.
Faisal Bank Credit Cards
Faisal Bank is one of the largest private sector banks in Pakistan and as such has a wide range of credit cards on offer. Faisal’s offers four main categories of credit card: Classic, Gold, Platinum and World Elite. Their Classic credit card comes with a 0% introductory rate for balance transfers for 6 months and no annual fee, their Gold card comes with an attractive 0% introductory rate for balance transfers (2 months) as well as no annual fee.
For both these cards there is also a 2% cash back option. Faisal’s Platinum credit card also comes with a 0% introductory period for both balances transfers and purchases (3 months). As with all their other cards it has no annual fee or foreign transaction fees. Their top tier World Elite card also doesn’t have any transfer or purchase fees or annual fees.
It does come with 4 complimentary insurances – travel accident insurance, gold membership roadside assistance, flight delay insurance and baggage coverage. That makes it not only one of best bank credit cards available but also means it’s very value-for-money when compared to many other top rated world class credit card products currently available in Pakistan today!
National Bank Credit Cards
National Bank’s credit cards come with no annual fee. You can earn rewards in dollars and as a frequent flyer miles, depending on which card you choose. This is one of their flagship products; it has flexible spending and earning limits, along with a low interest rate if you miss payments or make late payments.
It’s perfect for those who want to build up their credit history because it reports to all three major credit bureaus. These also have no foreign transaction fees, making them popular overseas among Pakistani travelers. Two other noteworthy features are that some versions come with a universal acceptance guarantee and 100 percent purchase security insurance coverage (in case anything happens).
These perks alone should convince you to consider applying at National Bank—especially since they offer other helpful services like access to shared branching around town. Their staff is also well-trained when it comes to financial issues; whether its auto loans or mortgages, their experts will help you find solutions that fit your specific needs.
Habib Metro Credit Cards
With Metro-Bank’s credit card, you can earn points towards purchases or towards free travel. You’ll also be a part of a rewards program that includes discounts on travelling and dining, access to exclusive events and offers, and more.
Since it’s linked to your bank account, you don’t have to worry about paying off your balance each month – it will automatically deduct from your account when you use it. Unlike most cards, there are no limits on foreign exchange rates and there are no hidden charges or hidden fees associated with Metrobank Cards. They provide excellent service with lots of features that help keep things like late payment and interest fees to a minimum.
Using an online application is fast and easy too – just enter some basic information like income and employment, then pick one of their three options: Auto Bill Pay which allows you to pay by simply transferring money to your credit card; Auto Cash withdrawal; or Pay In Person at any branch nationwide. It takes only a couple minutes, costs nothing extra, and comes with personal customer support 24/7!
MCB Platinum Credit Cards
MCB is one of most popular banks in Pakistan. MCB offers many different credit cards, but their Platinum card provides some great benefits that other cards don’t. If you’re looking for a credit card to help grow your personal finances and increase your spending power without spending too much of your own money, it might be time to get an MCB Platinum card.
Here are some reasons why MCB platinum may be right for you. ## Benefits: 1) Introductory offer – There are no annual fees on MCB Platinum credit cards so if you only plan on using it for about 4 months out of each year, then consider getting an MCB Gold card instead. This offer will make up for any extra money you spent on interest as well as get your points/miles started with no additional fees since there’s also 0% introductory interest until June 2019.
Just remember that 12% to 18% is more than likely what you’ll have to pay once those 6-12 months are up; so use these lower rates wisely by paying off whatever amount you can by at least 6 months or so before they start accruing any significant amount.
Zong Credit Cards
Zong offers a number of different credit cards for every kind of lifestyle. Whether you want to use your card for business or pleasure, Zong has some rewards to help you save. There’s a 3-month introductory offer that allows customers to earn 12% cash back on purchases made at merchants affiliated with Citibank India Limited and HDFC Bank Limited between 1st January and 31st March, 2017.
You can also get up to 10 reward points per Rs. 200 spent on Zong services and 5 reward points per Rs 100 spent on all other charges. Other features include 0% EMI facility across multiple payment options, free international calls, free SMS service, free mobile apps and emergency card blocking options.
One more thing—Zong gives new members 15GB data and 1500 minutes via MobiCard while they wait for their new SIM to arrive. But here’s my favorite part—they let you choose any ePaper as your welcome kit! Like I said before: Zong is just awesome!
Also Read: Benefits Of Credit Card In Pakistan (2022)
Conclusion
You’ve heard of it, you might have been invited to a seminar or two… but what is a credit card anyway and why do you need one? If you’re trying to get your finances under control then putting some money aside each month might be something that appeals to you.
There are plenty of ways to save; offering incentives like tax relief, interest and other schemes make it easier for us to save. Opening a credit card account is one way in which we can achieve our saving goals.
This post will look at some benefits and drawbacks of having a credit card in Pakistan – so if you’re considering opening an account then read on for more information about how these cards work, who is eligible for them and what types of credit cards there are available.
