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Bank Alfalah Limited
Bank Alfalah Limited is a private bank owned by the Abu Dhabi Group. Bank Alfalah Limited was launched on June 21, 1997 and it started its operations on November 01, 1997 in Pakistan. The bank now has a network of 648 branches across the country making it the 6th largest bank in Pakistan.
  • Monthly APR
    Annual Fee
    Reward Point
  • Alfalah Classic Credit Card

    Alfalah Classic Credit Card

    3.33 %
    PKR 0
    1 Orbit point/PKR 200 spend

    Benefits

    • Withdraw up to 50% of credit limit limit
    • No Annual fee

    Be Aware of

    • Minimum value added services

    Rates

    Monthly APR
    3.33 %

    40% per annum

    Cash Advance
    3.33 %

    40% per annum

    Monthly BTF Rate
    2.00 %

    (24% APR)


    Annual Fees

    Annual Fee
    PKR 0
    Supplementary Card Fees
    PKR 0
    Chip Maintenance Fee
    PKR 0

    Other Fees

    Cash Advance Fee
    PKR 1,000

    or 3% of cash advance (whichever is higher)

    Foreign transaction Fee
    Upto 5.00 %

    Over prevailing market rate or as per SBP directive. Third currency US Dollars as per rate quoted under arrangement with Visa and MasterCard. Cross border transaction fee will also be charged as per Visa/MasterCard rules.

    Late Payment Fee
    PKR 1,450

    or 10% of minimum amount due (whichever is higher)

    Overlimit Fee
    PKR 1,200

    or 2% of the over limit amount (whichever is higher)


    Interest Free Period

    51 days

    SMS Alert Fee

    PKR 70 per month

    BTF Fees

    Processing Fee
    PKR 0

    Local Spend

    Cash Back
    -
    Reward Point
    1 Orbit point/PKR 200 spend

    1 Orbit point = 1 PKR

    Airmiles
    -

    International Spend

    Int. Cash Back
    -
    Int. Reward Point
    1 Orbit point/PKR 100 spend

    1 Orbit point = 1 PKR

    Int. Airmiles
    -

    Grocery Spend

    Cash Back
    -
    Reward Point
    -
    Airmiles
    -

    Fuel Spend

    Cash Back
    -
    Reward Point
    -
    Airmiles
    -

    Minimum Monthly Income

    Salaried
    PKR 20,000

    Gross monthly salary per month

    Self Employed
    PKR 100,000

    Average bank balance of past 6 months


    Minimum Age

    Salaried
    21 Years
    Self Employed
    21 Years

    Salaried Individual

    Bank Statement
    Required

    6 Months Computerized Bank Statement

    CNIC
    Required

    Readable and Valid Copy

    Salary Slip
    Required
    • Recent 3 months salary slip
    • Salary Letter
    • Proof of BPS (for Govt. employees)
    • Proof of rank (for Armed Forces Personnel)

    Self Employed Professional

    Bank Statement

    6 Months Computerized Bank Statement

    CNIC

    Readable and Valid copy

    Proof of Business

    • Minimum 2 years of business history
    • Bank maintenance certificate (Clearly mentioning Name, CNIC & Tenure of relationship)
    • NTN(may be required)

    Sole Proprietor

    Bank Statement

    6 Months Computerized Bank Statement

    CNIC

    Readable and Valid Copy

    Proof Of Business

    • Minimum 2 years of business history
    • Bank maintenance certificate (Clearly mentioning Name, CNIC & Tenure of relationship)
    • NTN(may be required)

    Partnership

    Bank Statement

    6 Months Computerized Bank Statement

    CNIC

    Readable and Valid Copy

    Proof Of Business

    • Minimum 2 years of business history
    • Bank maintenance certificate (Clearly mentioning Name, CNIC & Tenure of relationship)
    • NTN(may be required)

    Private Limited

    Bank Statement

    6 Months Computerized Bank statement

    CNIC

    Readable and Valid Copy

    Proof Of Business

    • Form 29
    • Form A
    • Articles of association

    Global Travel Assistance

    Benefits
    Not offered
    Assistance
    Offered
    Other
    Not offered

    Travel Insurance

    Subsidized Travel Insurance
    Not offered
    Complimentary Travel Insurance
    Not offered
    Other Insurance Benefits
    Not offered

    Lounge Access

    Domestic Lounge Access
    Not offered
    International Lounge Access
    Not offered
    Other Travel Benefits
    Not offered

    Priority Pass

    Joining Fee
    USD 0
    Usage Fee
    USD 0
    Other Fee
    USD 0

    Salient Benefits

    1
    No Annual fee
    2
    First time credit card applicants may apply
    3
    Attractive reward point

    Discounts

    Vendors
    225+

  • Alfalah Gold Credit Card

    Alfalah Gold Credit Card

    3.33 %
    PKR 0
    1 Orbit point/PKR 200 spend

    Benefits

    • Withdraw up to 50% of credit limit limit
    • No Annual fee

    Be Aware of

    • The Domestic/International airport lounges only accessible upon PKR 30,000 monthly spend

    Rates

    Monthly APR
    3.33 %

    40% per annum

    Cash Advance
    3.33 %

    40% per annum

    Monthly BTF Rate
    2.00 %

    (24% APR)


    Annual Fees

    Annual Fee
    PKR 0
    Supplementary Card Fees
    PKR 0
    Chip Maintenance Fee
    PKR 0

    Other Fees

    Cash Advance Fee
    PKR 1,000

    or 3% of cash advance amount (whichever is higher)

    Foreign transaction Fee
    Upto 5.00 %

    Over prevailing market rate or as per SBP directive. Third currency US Dollars as per rate quoted under arrangement with Visa and MasterCard. Cross border transaction fee will also be charged as per Visa/MasterCard rules.

    Late Payment Fee
    PKR 1,450

    or 10% of minimum amount (whichever is higher)

    Overlimit Fee
    PKR 1,200

    or 2% of over limit amount (whichever is higher)


    Interest Free Period

    51 days

    SMS Alert Fee

    PKR 70 per month

    BTF Fees

    Processing Fee
    PKR 0

    Local Spend

    Cash Back
    -
    Reward Point
    1 Orbit point/PKR 200 spend

    1 Orbit point = 1 PKR

    Airmiles
    -

    International Spend

    Int. Cash Back
    -
    Int. Reward Point
    1 Orbit point/PKR 100 spend

    1 Orbit point = 1 PKR

    Int. Airmiles
    -

    Grocery Spend

    Cash Back
    -
    Reward Point
    -
    Airmiles
    -

    Fuel Spend

    Cash Back
    -
    Reward Point
    -
    Airmiles
    -

    Minimum Monthly Income

    Salaried
    PKR 50,000

    Gross salary per month

    Self Employed
    PKR 100,000

    Average bank balance of past 6 months


    Minimum Age

    Salaried
    21 Years
    Self Employed
    21 Years

    Salaried Individual

    Bank Statement
    Required

    6 Months Computerized Bank Statement

    CNIC
    Required

    Readable and Valid Copy

    Salary Slip
    Required
    • Recent 3 months salary slip
    • Salary Letter
    • Proof of BPS (for Govt. employees)
    • Proof of rank (for Armed Forces Personnel)

    Self Employed Professional

    Bank Statement

    6 Months Computerized Bank Statement

    CNIC

    Readable and Valid Copy

    Proof of Business

    • Minimum 2 years of business history
    • Bank maintenance certificate (Clearly mentioning Name, CNIC & Tenure of relationship)
    • NTN(may be required)

    Sole Proprietor

    Bank Statement

    6 Months Computerized Bank Statement

    CNIC

    Readable and Valid Copy

    Proof Of Business

    • Minimum 2 years of business history
    • Bank maintenance certificate (Clearly mentioning Name, CNIC & Tenure of relationship)
    • NTN(may be required)

    Partnership

    Bank Statement

    6 Months Computerized Bank Statement

    CNIC

    Readable and Valid Copy

    Proof Of Business

    • Minimum 2 years of business history
    • Bank maintenance certificate (Clearly mentioning Name, CNIC & Tenure of relationship)
    • NTN(may be required)

    Private Limited

    Bank Statement

    6 Months Computerized Bank Statement

    CNIC

    Readable and Valid Copy

    Proof Of Business

    • Form 29
    • Form A
    • Articles of association

    Global Travel Assistance

    Benefits
    Not offered
    Assistance
    Offered
    Other
    Not offered

    Travel Insurance

    Subsidized Travel Insurance
    Not offered
    Complimentary Travel Insurance
    Not offered
    Other Insurance Benefits
    Not offered

    Lounge Access

    Domestic Lounge Access
    Not offered
    International Lounge Access
    Not offered
    Other Travel Benefits
    Not offered

    Priority Pass

    Joining Fee
    USD 0
    Usage Fee
    USD 0
    Other Fee
    USD 0

    Salient Benefits

    1
    No Annual fee
    2
    First time credit card applicants may apply
    3
    Attractive reward point

    Discounts

    Vendors
    225+

  • Alfalah Titanium Credit Card

    Alfalah Titanium Credit Card

    3.33 %
    PKR 0
    1 Orbit point/PKR 200 spend

    Benefits

    • Withdraw up to 50% of credit limit
    • No Annual fee

    Be Aware of

    • Priority Pass annual fee charged at USD 10
    • International lounge access through Priority Pass is charged at USD 32 per visit per person

    Rates

    Monthly APR
    3.33 %

    40% per annum

    Cash Advance
    3.33 %

    40% per annum

    Monthly BTF Rate
    2.00 %

    (24% APR)


    Annual Fees

    Annual Fee
    PKR 0
    Supplementary Card Fees
    PKR 0
    Chip Maintenance Fee
    PKR 0

    Other Fees

    Cash Advance Fee
    PKR 1,000

    or 3% of the withdrawn amount (whichever is higher)

    Foreign transaction Fee
    Upto 5.00 %

    Over prevailing market rate or as per SBP directive. Third currency US Dollars as per rate quoted under arrangement with Visa and MasterCard. Cross border transaction fee will also be charged as per Visa/MasterCard rules.

    Late Payment Fee
    PKR 1,450

    or 10% of the minimum amount (whichever is higher)

    Overlimit Fee
    PKR 1,200

    or 2% of the over limit amount (whichever is higher)


    Interest Free Period

    51 days

    SMS Alert Fee

    PKR 70 per month

    BTF Fees

    Processing Fee
    PKR 0

    Local Spend

    Cash Back
    -
    Reward Point
    1 Orbit point/PKR 200 spend

    1 Orbit point = 1 PKR

    Airmiles
    -

    International Spend

    Int. Cash Back
    -
    Int. Reward Point
    1 Orbit point/PKR 100 spend

    1 Orbit point = 1 PKR

    Int. Airmiles
    -

    Grocery Spend

    Cash Back
    -
    Reward Point
    -
    Airmiles
    -

    Fuel Spend

    Cash Back
    -
    Reward Point
    -
    Airmiles
    -

    Minimum Monthly Income

    Salaried
    PKR 50,000

    Gross monthly salary

    Self Employed
    PKR 150,000

    Average bank balance of past 6 months


    Minimum Age

    Salaried
    21 Years
    Self Employed
    21 Years

    Salaried Individual

    Bank Statement
    Required

    6 Months Computerized Bank Statement

    CNIC
    Required

    Readable and Valid Copy

    Salary Slip
    Required
    • Recent 3 months salary slip
    • Salary Letter
    • Proof of BPS (for Govt. employees)
    • Proof of rank (for Armed Forces Personnel)

    Self Employed Professional

    Bank Statement

    6 Months Computerized Bank Statement

    CNIC

    Readable and Valid Copy

    Proof of Business

    • Minimum 2 years of business history
    • Bank maintenance certificate (Clearly mentioning Name, CNIC & Tenure of relationship)
    • NTN(may be required)

    Sole Proprietor

    Bank Statement

    6 Months Computerized Bank Statement

    CNIC

    Readable and Valid Copy

    Proof Of Business

    • Minimum 2 years of business history
    • Bank maintenance certificate (Clearly mentioning Name, CNIC & Tenure of relationship)
    • NTN(may be required)

    Partnership

    Bank Statement

    6 Months Computerized Bank Statement

    CNIC

    Readable and Valid Copy

    Proof Of Business

    • Minimum 2 years of business history
    • Bank maintenance certificate (Clearly mentioning Name, CNIC & Tenure of relationship)
    • NTN(may be required)

    Private Limited

    Bank Statement

    6 Months Computerized Bank Statement

    CNIC

    Readable and Valid Copy

    Proof Of Business

    • Form 29
    • Form A
    • Articles of association

    Global Travel Assistance

    Benefits
    Not offered
    Assistance
    Offered
    Other
    Not offered

    Travel Insurance

    Subsidized Travel Insurance
    Not offered
    Complimentary Travel Insurance
    Not offered
    Other Insurance Benefits
    Not offered

    Lounge Access

    Domestic Lounge Access
    Not offered
    International Lounge Access
    Not offered
    Other Travel Benefits
    Not offered

    Priority Pass

    Joining Fee
    USD 10

    per annum

    Usage Fee
    USD 32

    per visit

    Other Fee
    USD 0

    Salient Benefits

    1
    No Annual fee
    2
    First time credit card applicants may apply
    3
    Attractive reward point

    Discounts

    Vendors
    225+

  • Alfalah Platinum Credit Card

    Alfalah Platinum Credit Card

    3.33 %
    PKR 0
    1 Orbit point/PKR 200 spend

    Benefits

    • Withdraw up to 50% of credit limit limit
    • No Annual fee

    Be Aware of

    • Priority Pass annual fee charged at USD 10
    • International lounge access through Priority Pass is charged at USD 32 per visit per person

    Rates

    Monthly APR
    3.33 %

    40% per annum

    Cash Advance
    3.33 %

    40% per annum

    Monthly BTF Rate
    2.00 %

    (24% APR)


    Annual Fees

    Annual Fee
    PKR 0

    PKR 4,000 is Joining fee

    Supplementary Card Fees
    PKR 2,000
    Chip Maintenance Fee
    PKR 0

    Other Fees

    Cash Advance Fee
    PKR 1,000

    or 3% of cash advance (whichever is higher)

    Foreign transaction Fee
    Upto 5.00 %

    Over prevailing market rate or as per SBP directive. Third currency US Dollars as per rate quoted under arrangement with Visa and MasterCard. Cross border transaction fee will also be charged as per Visa/MasterCard rules.

    Late Payment Fee
    PKR 1,450

    or 10% of minimum amount (whichever is higher)

    Overlimit Fee
    PKR 1,200

    or 2% of over limit amount (whichever is higher)


    Interest Free Period

    51 days

    SMS Alert Fee

    PKR 70 per month

    BTF Fees

    Processing Fee
    PKR 0

    Local Spend

    Cash Back
    -
    Reward Point
    1 Orbit point/PKR 200 spend

    1 Orbit point = 1 PKR

    Airmiles
    -

    International Spend

    Int. Cash Back
    -
    Int. Reward Point
    1 Orbit point/PKR 100 spend

    1 Orbit point = 1 PKR

    Int. Airmiles
    -

    Grocery Spend

    Cash Back
    -
    Reward Point
    -
    Airmiles
    -

    Fuel Spend

    Cash Back
    -
    Reward Point
    -
    Airmiles
    -

    Minimum Monthly Income

    Salaried
    PKR 100,000

    Gross monthly salary

    Self Employed
    PKR 150,000

    Average bank balance of past 6 months


    Minimum Age

    Salaried
    21 Years
    Self Employed
    21 Years

    Salaried Individual

    Bank Statement
    Required

    6 Months Computerized Bank Statement

    CNIC
    Required

    Readable and Valid Copy

    Salary Slip
    Required
    • Recent 3 months salary slip
    • Salary Letter
    • Proof of BPS (for Govt. employees)
    • Proof of rank (for Armed Forces Personnel)

    Self Employed Professional

    Bank Statement

    6 Months Computerized Bank Statement

    CNIC

    Readable and Valid Copy

    Proof of Business

    • Minimum 2 years of business history
    • Bank maintenance certificate (Clearly mentioning Name, CNIC & Tenure of relationship)
    • NTN(may be required)

    Sole Proprietor

    Bank Statement

    6 Months Computerized Bank Statement

    CNIC

    Readable and Valid Copy

    Proof Of Business

    • Minimum 2 years of business history
    • Bank maintenance certificate (Clearly mentioning Name, CNIC & Tenure of relationship)
    • NTN(may be required)

    Partnership

    Bank Statement

    6 Months Computerized Bank Statement

    CNIC

    Readable and Valid Copy

    Proof Of Business

    • Minimum 2 years of business history
    • Bank maintenance certificate (Clearly mentioning Name, CNIC & Tenure of relationship)
    • NTN(may be required)

    Private Limited

    Bank Statement

    6 Months Computerized Bank Statement

    CNIC

    Readable and Valid Copy

    Proof Of Business

    • Form 29
    • Form A
    • Articles of association

    Global Travel Assistance

    Benefits
    Not offered
    Assistance
    Offered
    Other
    Not offered

    Travel Insurance

    Subsidized Travel Insurance
    Not offered
    Complimentary Travel Insurance
    Not offered
    Other Insurance Benefits
    Not offered

    Lounge Access

    Domestic Lounge Access
    International Lounge Access
    Not offered

    lounges offered partnership through priority pass

    Other Travel Benefits
    Not offered

    Priority Pass

    Joining Fee
    USD 10

    per annum

    Usage Fee
    USD 32

    per visit

    Other Fee
    USD 0

    Salient Benefits

    1
    Low annual fee
    2
    First time credit card applicants may apply
    3
    Attractive reward point

    Discounts

    Vendors
    32+

  • Alfalah Ultra Cashback Credit Card

    Alfalah Ultra Cashback Credit Card

    3.33 %
    PKR 4,000
    -

    Benefits

    • Withdraw up to 50% of credit limit limit
    • No Annual fee

    Be Aware of

    • Minimum value added services

    Rates

    Monthly APR
    3.33 %

    40% per annum

    Cash Advance
    3.33 %

    40% per annum

    Monthly BTF Rate
    2.00 %

    (24% APR)


    Annual Fees

    Annual Fee
    PKR 4,000

    Rs 1,000 is refundable on the total spend of Rs 3,000 or above for first 3 months.

    Supplementary Card Fees
    PKR 2,000
    Chip Maintenance Fee
    PKR 0

    Other Fees

    Cash Advance Fee
    PKR 1,000

    or 3% of cash advance (whichever is higher)

    Foreign transaction Fee
    Upto 5.00 %

    Over prevailing market rate or as per SBP directive. Third currency US Dollars as per rate quoted under arrangement with Visa and MasterCard. Cross border transaction fee will also be charged as per Visa/MasterCard rules.

    Late Payment Fee
    PKR 1,450

    or 10% of minimum amount (whichever is higher)

    Overlimit Fee
    PKR 1,200

    or 2% of over limit amount (whichever is higher)


    Interest Free Period

    51 days

    SMS Alert Fee

    PKR 70 per month

    BTF Fees

    Processing Fee
    PKR 0

    Local Spend

    Cash Back
    PKR 750

    or 7% of actual spend/whichever is lower

    Reward Point
    -
    Airmiles
    -

    International Spend

    Int. Cash Back
    PKR 750

    or 7% of actual spend/whichever is lower

    Int. Reward Point
    -
    Int. Airmiles
    -

    Grocery Spend

    Cash Back
    -
    Reward Point
    -
    Airmiles
    -

    Fuel Spend

    Cash Back
    -
    Reward Point
    -
    Airmiles
    -

    Minimum Monthly Income

    Salaried
    PKR 20,000

    Gross monthly salary per month

    Self Employed
    PKR 50,000

    Average bank balance of past 6 months


    Minimum Age

    Salaried
    21 Years
    Self Employed
    21 Years

    Salaried Individual

    Bank Statement
    Required

    6 Months Computerized Bank Statement

    CNIC
    Required

    Readable and Valid Copy

    Salary Slip
    Required
    • Recent 3 months salary slip
    • Salary Letter
    • Proof of BPS (for Govt. employees)
    • Proof of rank (for Armed Forces Personnel)

    Self Employed Professional

    Bank Statement

    6 Months Computerized Bank Statement

    CNIC

    Readable and Valid Copy

    Proof of Business

    • Minimum 2 years of business history
    • Bank maintenance certificate (Clearly mentioning Name, CNIC & Tenure of relationship)
    • NTN(may be required)

    Sole Proprietor

    Bank Statement

    6 Months Computerized Bank Statement

    CNIC

    Readable and Valid Copy

    Proof Of Business

    • Minimum 2 years of business history
    • Bank maintenance certificate (Clearly mentioning Name, CNIC & Tenure of relationship)
    • NTN(may be required)

    Partnership

    Bank Statement

    6 Months Computerized Bank Statement

    CNIC

    Readable and Valid Copy

    Proof Of Business

    • Minimum 2 years of business history
    • Bank maintenance certificate (Clearly mentioning Name, CNIC & Tenure of relationship)
    • NTN(may be required)

    Private Limited

    Bank Statement

    6 Months Computerized Bank Statement

    CNIC

    Readable and Valid Copy

    Proof Of Business

    • Form 29
    • Form A
    • Articles of association

    Global Travel Assistance

    Benefits
    Not offered
    Assistance
    Offered
    Other
    Not offered

    Travel Insurance

    Subsidized Travel Insurance
    Not offered
    Complimentary Travel Insurance
    Not offered
    Other Insurance Benefits
    Not offered

    Lounge Access

    Domestic Lounge Access
    Not offered
    International Lounge Access
    Not offered
    Other Travel Benefits
    Not offered

    Priority Pass

    Joining Fee
    USD 0
    Usage Fee
    USD 0
    Other Fee
    USD 0

    Salient Benefits

    1
    Discounts are available on Fuel, Supermarket, Hotels, Airlines, Hospitals and clothing
    2
    First time credit card applicants may apply
    3
    Attractive reward point

    Discounts

    Vendors
    42+


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Like Collecting Reward Points?

Reward points can be exciting. We know earning reward points to get the latest television, fancy wrist watch, or dinner voucher is a good feeling. After all who doesn't appreciate a freebie?  We know this can be an important factor when deciding which card to apply for, that's why we have this list. You don't have to visit the providers website anymore, find all your deals in one place

Generally speaking the card issuer will have a reward program that tells you how many points you need to redeem against pre selected gifts and prizes. Once you have selected the reward of choice you simply fill in a form, or call the contact center of the bank to process your request.

Simply put reward points are a reward for spending on your card. So if you are a person who likes to you use plastic to pay for your transactions having reward points can yield many benefits. You can collect these reward points and redeem them at a later date for exciting gifts, prizes or discounts.

When you find the right credit card that matches your needs, you need to ensure that you meet the minimum criteria of the bank offering the card. Some of the general minimum criteria's of banks are as follows

  •  You must be a minimum age of 21 years for a primary card, and 18 years of age to qualify as a supplementary card holder
  • Have a valid national ID card (CNIC)
  • Have a stable stream of income, by virtue of being a salaried individual or self employed.
  • Have good credit standing and not be in default of any loan or credit facility from any financial institution.

All banks have their respective policies and procedures. Look at our more info section for the card of your choice to evaluate whether you meet the requirements of the card that you like.

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