Everything You Need to Know about Bank Al Habib Credit Card

Credit cards provides you an opportunity to enjoy cashless shopping and make immediate payments online. It also ensures safety of the customer’s money. A review of the Bank Al Habib Credit Card is as follow. You can also check the comparison of the Bank Al Habib Credit Card at mawazna.com by filtering cards by Bank Al Habib.

Bank Al Habib Credit Card:

Bank Al-Habib offers two types of credit cards for its customers. The details of these credit cards are as follows:

1. Bank Al Habib Gold Credit Card
2. Bank Al Habib Green Credit Card

1- Bank Al Habib Gold Credit Card:

Bank Al Habib Gold credit card offers you financial security added with insurance cover. It also offers the customers reward points against all types of credit card payments. For its redemption journey, it only requires 2500 points. The card offers lowest service charges, balance transfer and mark-up rates. The Gold Credit Card limit starts from Rs. 1,24,999/- onwards. However the limit is subject to the approval of Bank Al Habib team based on the customer prof. The customer should maintain account in Bank Al Habib for at least 6 months.

Benefits:

The following are the benefits of the Bank Al Habib Gold Credit Card:

– By spending 50PKR on both basic and supplementary cards one reward point is gained.

– Usage of Gold Credit Cards give it customer discount of 25% on restaurants, salons and health centers.

– It also ensures privilege of CIP lounge on all international flights.

– It provides credit shield

– It also offers zero loss liability insurance.

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How to Apply for Bank Al Habib Gold Credit Card?

The criteria of applying for Bank Al Habib credit card is different for salaried person and self-employed.

Salaried Person:

– Minimum salary requirement: Rs. 10,000.

– Age limit: 21-60 years

– Documents required: CNIC, salary slip, bank statement and letter from employer.

Self-Employed/Businessman:  

– Minimum income level: Rs. 25,000.

– Age limit: 21-60 years

– Documents required: CNIC, NTN, proof of business and Bank report.

 

2- Bank Al Habib Green Credit Card:

Bank Al Habib Green Credit Card offers financial security to its valued customers. Its credit range starts from Rs. 1-1,24,999/. This card also offers amazing discounts on day to day purchases and provides its customer a quick access of money to meet the financial needs. The credit limit approval will be granted to the customer subject to the approval Bank Al Habib Team. The Bank after detail scrutiny of the credit history of the customer grants this credit limit.

Benefits: 

The benefits of the Green Credit Card are as follows:

– Avail 3 supplementary cards for the family members

– On every spending of Rs. 50/ , you can gain 1 reward point.

– Avail up to 25% discount on restaurants, salons and health centers.

– It also gives you credit shield and zero loss liability insurance.

How to Apply for  Bank Al Habib Green Credit Card?

The criteria of applying for Bank Al Habib credit card is different for salaried person and self-employed.

Salaried Person:

– Minimum salary requirement: Rs. 10,000.

– Age limit: 21-60 years

– Documents required: CNIC, salary slip, bank statement and letter from employer.

Self-Employed/Businessman:  

– minimum income level: Rs. 25,000.

– Age limit: 21-60 years

– Documents required: CNIC, NTN, proof of business and Bank report.

Schedule of Charges for both Cards:

– Joining fee: Nil

– Annual fee-Green/Gold: Nil

– Supplementary fee: Nil

– Credit Card APR: 25% per annum.

– Over limit fee: 500/-

– Late Payment fee: 10% of the amount or Rs. 500/- whichever is greater.

– Credit Card replacement fee: 500/-

NOTE: These figures may change subject to the particular bank’s requirements. It is advisable to the customers to check with the banks latest figures before applying for the credit cards.

Conclusion:

In a nutshell, both Gold/Green credit card are the best for those who want to avail the maximum of the discounts and other services coming along with these cards. At Mawazna.com you can compare the different credit cards of the Bank Al Habib and other banks credit card as well and hence can make a well-informed decision.

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