Details

 Bank Alfalah Ultra ChashBack Card
Interest Rate / APR Chip Maintenance Fee (Rs) Cash Advance Fee (Rs) Annual Fee (Rs)

40%

Nill

Rs. 1,000 or 3% (whichever is higher)

5000

Pros

  • Free credit facility up to 51 days
  • Spend and avail 7% cash back
  • Annual fee waiver premium for 1st year and 2nd year fee reversibility
  • Alfalah Ultra Cash Back card allow 100+ discounts on different products
  • Pay other Credit Card balance with Bank Alfalah Credit Cards
  • Minimum payment option available

Cons

  • Not targeted for travel related deals
  • Excessive use of card may put you in a large debt
  • Beware of late fees charges involved with this card

Features

  • Get loan 80% of your credit card limit
  • Also avail SMS alert fee in small fee
  • Pay your Credit Card bill with Bank Alfalah account through auto debit facility
  • You can also avail supplementary card option up to 6 cards
  • The card accepted at 2.3 million ATM’s having globally accessibility
  • Convert any transaction Rs. 3000 and above into easy installments
  • Withdraw 50% cash of Credit Card limit
  • Minimum payment option is also available

Eligibility

Salaried Person

  • Minimum salary requirement: Rs 20,000
  • Age Limit: 21 - 60 years
  • Documents required: CNIC, Salary slips, Bank statement, Letter from employer

Self-Employed / Businessmen

  • Minimum income: Rs 50,000
  • Age Limit: 21 - 70ears
  • Documents required: CNIC, NTN, Proof of business, Bank statement

Other Details

  • Maximum Credit Limit: 499,999
  • Interest Free Period: 0.00
  • Balance Transfer Rate: 24%
  • Cash Advance Fee Annual (PKR): 1000Rs or 3% (whichever is higher)
  • Cash Advance Rate (%): 40%
  • Rewards Program: Cashback
  • Reward Points:7% Cashback on 6 categories
  • Late Payment Fee (PKR): 1,550 or 10% of amount whichever is higher
  • Foreign Transaction Fee (PKR): 5%
  • Targeted For: Salaried Person and Businessmen
  • Min. Income for Salaried (PKR): 20,000
  • Min. Income for Businessman (PKR): 50,000
  • Best Suitable For: Earning Cashback
  • Minimum Age (Years): 21 Years
  • No. of Supplementary Cards: 6
  • Payment Network: Visa
  • Loung Access: --