Faysal Bank Mc2 Credit Card

Card having amazing instant Reward redemption features with unique technology


Interest Rate / APR
 
39%
Chip Maintenance Fee
(Rs)
750
Cash Advance Fee
(Rs)
1000 or 3% whichever is higher
Annual Fee
(Rs)
2,400
  • Pros

    - Credit limit up to 51 days

    - Spend and get rewards against your card

    - Globally accepted all over the world

    - Free CIP lounge access

    - Avail discounts up to 20% in various restaurants

  • Cons

    - Annual fee of Rs. 2400/-

    - Any potential of being engaged with credit card fraud if not used wisely

    - Excessive use of card may put you in a large debt

  • Features

    - Pay annual fee in 12 easy installment with 0% interest

    - Buy and pay later in easy installment plan

    - You can also use your card for online shopping and get discounts

    - Get double your points on international spending

    - Get 5 supplementary cards for your family

  • Eligibility

    Salaried Person:
    - Minimum Salary Requirement: Rs 35,000
    - Age Limit:  18 - 60 years
    - Documents required: CNIC, Salary slips, Bank statement, Letter from employer

    Self-Employed / Businessmen:
    - Minimum income: Rs 50,000
    - Age Limit:  18 - 65 years
    - Documents required: CNIC, NTN, Proof of business, Bank statement




Other Details

  • Maximum Credit Limit

    200,000

  • Interest Free Period

    51 Days

  • Balance Transfer Rate

    32.4%

  • Cash Advance Fee Annual (PKR)

    1000 or 3% whichever is higher

  • Cash Advance Rate (%)

    39

  • Rewards Program

    Reward Points

  • Reward Points

    2 reward point International & 1 point Local on PKR 50

  • Late Payment Fee (PKR)

    1500

  • Foreign Transaction Fee (PKR)

    3.5%

  • Targeted For

    Salaried Person and Businessmen

  • Min. Income for Salaried (PKR)

    35,000

  • Min. Income for Businessman (PKR)

    50,000

  • Best Suitable For

    Rewards point accumulation

  • Minimum Age (Years)

    18 Years

  • No. of Supplementary Cards

    5

  • Payment Network

    Mastercard

  • Loung Access

    Karachi CIP lounge