A cashback credit card is designed to reward you for using it. Of course, every bank will have a different type of reward on offer and so, having an understanding of the cards available will enable you to make an informed decision.
All of the leading cash back cards listed below are classed as the best cash back cards in 2017 because they offer exceptional cash back rewards. You can receive cash back for purchases made on fuel as well as spends on Hotels, Airlines, Clothing, Restaurants, Hospitals along with spends in Electrical Outlets. Some cards are now offering an impressive 7% cash back which can provide you with rewards that can really make a difference to what you spend and how you spend.
We believe that the best cash back cards offer high percentage rewards on a wide range of spends while the annual charge is also kept at a reasonable amount. Take a look at the best cash back credit cards in 2017 below to find out which card is best suitable for you matching with your needs.
1- MCB Visa Platinum Credit Card
This card will offer cash back on a number of things but it offers great rates that make it a competitive card.
Card owners will benefit from 5% cash back on international lodging if they make any spends on their cards. There is a cap on the cash back that they can earn in a year which is currently PKR. 8,000. For those who enjoy eating out, it is also possible to receive cash back on selected restaurants when using their card of 20%. There is no annual charge for this card.
2- Bank Alfalah Ultra Cashback
This is a flexible card that provides users with the ability to choose the two categories out of six that they wish to earn cash back on. The categories are Supermarket, Clothing, Fuel, Hotel, Airline and Hospital.
The cash back available is 7% on spends up to a maximum of PKR 1,500 per month which equates to an impressive PKR 18,0000 per year. The Annual fee for the card has been waived for the first year.
3- SCB Saadiq VISA Credit Card
This is another card that provides cash back in a flexible way as it offers a 5% cash back on spends on fuel and supermarkets with an additional 3% being paid on purchases made in electronic outlets. The maximum cashback for each is PKR 500. There is no annual fee for this card.
4- HBL FuelSaver Gold Credit Card
If you are someone who spends a lot on fuel then this could be the card for you. It can help you to reduce your monthly spend on fuel by offering 5% cash back on your spend, saving up to a maximum of PKR 2,000. The card comes with an annual fee of PKR 6,000
5- UBL Visa Gold PSO Auto Card
This card has been created to offer cash back on spends made at PSO Service stations. There is 5% cash back available up to a maximum of PKR. 1,250 per month. It also offers 1% cash back on spends at retail outlets of up to PKR. 1,000 per month. The annual fee is PKR 5,000
6- HBL FuelSaver Silver Credit Card
This card provides 3% cash back up to a maximum of PKR. 1,000 per month on a maximum spend of PKR. 33,300. This is a card that is great for those who want a reward card that offers great cash back offers at a reduced annual fee. The annual fee is PKR. 3,000
7- SCB Titanium MasterCard
A credit card that is perfect for those who spend on fuel, supermarket shopping and Electronic Outlets. Cash back of 5% can be achieved on fuel and supermarket spends of up to PKR. 10,000. Owners will also receive 3% cash back on spends at electrical outlets, earning up to PKR. 500. There is no annual fee for this card.
8- SCB MasterCard Cash back Card
This offers cash back rewards that are very similar to the above card. 5% cash back can be achieved on fuel spends and supermarket spends up earning up to PKR. 500 each. Spends at Electrical Outlets can earn 3% cash back of up to PKR. 500. There is no annual fee for this card.
To find the right card, it is important that you understand what you need it for. If you plan to use it for spending on fuel, retail, dining or shopping then a cash back card will work for you offering you better cash back rewards that you can enjoy later. Consider the annual fee and what you could earn to make sure it is feasible and more importantly, compare the cards that are available to you at Mawazna.com.
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Disclaimer: The above list of cards have been captured in no particular order at the time of writing in November, 2017 and provided here as guidance only. Banks can still offer you tailored products matching with your specific needs and your existing relationship. Mawazna.com always put maximum effort to ensure the correctness of the content and upto-date product information. However we cannot guarantee 100% error free content in absence of a formal business relationship with the banks. Therefore it is strongly recommended that you should always review the complete details from your card provider and make your informed decision in line with the avialable guidance and your own knowledge & understanding of the product to establish your suitability.