Silk Bank Platinum Credit Card

A card that can help you with enjoying a balancing lifestyle wherever you go


Interest Rate / APR
 
40.99%
Chip Maintenance Fee
(Rs)
2,500
Cash Advance Fee
(Rs)
1,000
Annual Fee
(Rs)
6,000
  • Pros

    - Free credit facility upto 51 days

    - Silk Bank card offer upto 50% discount on shopping and dining all over Pakistan

    - Opportunity against spending and avail 1% cash back

    - Silk Bank offer limit enhancement facility in an emergency

    - Book your flight or hotel with attractive discounts against your cards

    - You can also avail minimum amount facility for payment

  • Cons

    - Any potential of being engaged with Credit Card fraud if not used wisely

    - High interest but offers good associate benefits

    - Minimum payment can’t reflect principal amount

  • Features

    - Get 6 supplementary cards Without annual fee

    - Get SMS alert and email of every transaction

    - Advance cash facility Upto 50% against your Credit Card limit

    - Home appliances product available on 6 months installment at 0% interest.

    - Balance transfer against your card at 0% interest

  • Eligibility

    Salaried Person:
    - Minimum Salary Requirement: Rs 100,000 
    - Age Limit:  21 - 60 years
    - Documents required: CNIC, Salary slips, Bank statement, Letter from employer

    Self-Employed / Businessmen:
    - Minimum income: Rs 150,000 
    - Age Limit:  21 - 65 years
    - Documents required: CNIC, NTN, Proof of business, Bank statement




Other Details

  • Maximum Credit Limit

    2000000

  • Interest Free Period

    51 days

  • Balance Transfer Rate

    27%

  • Cash Advance Fee Annual (PKR)

    1,000

  • Cash Advance Rate (%)

    41.99%

  • Rewards Program

    Reward Points

  • Reward Points

    1 reward point for every PKR 50 spend

  • Late Payment Fee (PKR)

    1500

  • Foreign Transaction Fee (PKR)

    4%

  • Targeted For

    Salaried Person and Businessmen

  • Min. Income for Salaried (PKR)

    100,000

  • Min. Income for Businessman (PKR)

    150,000

  • Best Suitable For

    High net worth individuals

  • Minimum Age (Years)

    21 Years

  • No. of Supplementary Cards

    6

  • Payment Network

    VISA

  • Loung Access

    Worldwide lounges

Additional Offers: 1% cashback on International & 0.5% on Local spend