What do I need to know about the Al Habib Mastercard Green credit card?
Discover the exceptional benefits of the Al Habib Mastercard Green Card, a perfect blend of affordability and rewards. Effortlessly earn reward points with every PKR 50 spent on retail purchases, translating to PKR 0.10 in monetary value. Enjoy the convenience of a credit card with minimal financial charges and a generous 60% cash advance facility to meet your financial needs. Your accumulated reward points remain valid for a year, ensuring you maximize their value. Experience hassle-free international transactions with FOREX premium charges capped at 4.0% for all foreign retail transactions. Stay informed with free SMS alerts, e-statements, and internet banking access. Whether you seek low charges, high cash advance, or a rewarding program, the Al Habib Mastercard Green Card offers reliability, efficiency, and unmatched benefits tailored to enhance your financial journey.
Am I eligible to apply for the Al Habib Mastercard Green credit card?
The bank welcomes applications from existing individual Account Holders, salaried employees of Corporate Relationships receiving their monthly salaries in their Bank AL Habib account, and self-employed professionals and businessmen.
For salaried customers, the age requirement is between 21 and 60 years, while for self-employed professionals and businessmen, it extends to 65 years. Supplementary card applicants should fall between 18 and 70 years of age. Salaried applicants must have a minimum monthly income of PKR 20,000, while self-employed professionals and businessmen need to demonstrate a minimum income of PKR 25,000 per month. Additionally, the debt burden should not exceed 40% of the applicant’s take-home income, and clearance from eCIB and compliance with SBP Prudential Regulations are mandatory. These eligibility criteria ensure that the bank’s services are accessible and tailored to meet the diverse financial needs of our valued customers.
Main fees and interests
The Al Habib Mastercard Green credit card has an interest rate of 25% as well as the convenience of a chip maintenance fee at zero rupees, ensuring your card remains functional without any additional charges. The cash advance fee is of Rs. 500 or 3%, whichever is higher, granting you access to funds whenever necessary. In addition to that, there’s no annual fee, providing you with cost-effective financial solutions. These favorable terms reflect Al Habib bank’s commitment to offering transparent and accessible banking services tailored to your convenience.
Required documentation
- Bank prescribed application form.
- Copy of Computerized National Identity Card.
- Bank Statement Minimum of Six months.
- CF 1-Annexure Annexure – details of various facilities already obtain from other Banks/DFIs.
- Credit Shield undertaking, if customer opts, for Credit Shield.
I want to apply for the Al Habib Mastercard Green credit card!
If you believe that this credit card is the right fit for you, click on the button below where you will be redirected to the official Al Habib Mastercard Green credit card so you can start your application process right away!