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Sobc - CC - July To Dec 23

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Abdul Samad Kiani
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7 views4 pages

Sobc - CC - July To Dec 23

Uploaded by

Abdul Samad Kiani
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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MCB Bank Limited

Credit Card
Schedule of Charges

Effective from 1st July, 2023 till 31th December, 2023

Platinum Gold Classic

Issuance/Chip Maintenance Fee PKR 16,000 p.a. PKR 8,500 p.a. PKR 6000 p.a.

Issuance/Supplementary Chip PKR 7,000 p.a. PKR 4,200 p.a. PKR 2,800 p.a.
Maintenance Fee

Priority Pass Issuance/Annual Fee: Free


Priority Pass Per Visit Fee: USD 35 or equivalent Pak Rupee
Priority Pass Replacement Fee: Up to PKR. 500/-

(Only for Gold and Platinum customers)

Service Fee/Mark-up on Cash Transactions:


3.67% per month translated into an APR of 44% calculated on daily unpaid
balance from date of transaction

Service Fee/Mark-up Retail:


3.67% for service fee/mark-up per month translated into an APR of 44%

Late Payment Fee:


PKR 1,900/-

Cash Advance Fee:


PKR 1,100/- (per transaction) or 3% of the cash advance transaction amount
(whichever is higher) plus all charges passed on by the acquiring bank

Voucher Retrieval Fee:


PKR 300/- per document (Local)
PKR 900/- per document (International)

i-insure:
Package 1: (PKR 600/- per month)
Package 2: (PKR 300/- per month)
Package 3: (PKR 200/- per month) Wallet Safe (PKR 75/- per month)

i-insure Plus:
PKR 355/- per month

Credit Security:
0.70% of total monthly outstanding balance

111 000 622 mcb.com.pk /MCBBankPk Over 1400 Branches & ATMs
i-educate:
APR:1.83% service fee markup translated into an APR of 22% p.a.
Processing Fee: PKR 550/- (per request) or 3% of the amount request
(whichever is higher)
Prepayment Charges: PKR 1,200 or 6% of outstanding installment balance
(whichever is higher)

i-plan/i-plan Marketing:
APR: 3.25% Service fee mark-up translated into an APR of 39% p.a.
Processing Fee: PKR 850/- or 3% per transaction (whichever is higher)
Prepayment Charges: PKR 1,200 or 6% of outstanding installment balance
(whichever is higher)

i-dial:
APR: 3.25% Service fee mark-up translated into an APR of 39% p.a.
Processing Fee: PKR 850 or 3% per transaction (whichever is higher)
Prepayment Charges: PKR 1,200 or 6% of outstanding installment balance
(whichever is higher)

i-switch:
APR 2.25% Service fee mark-up translated into an APR of 27% p.a.
Processing Fee: 850 or 3% per transaction (whichever is higher)
Prepayment Charges: PKR 1,200 or 6% of outstanding installment balance
(whichever is higher)

Online Balance Transfer Facility (BTF):


Transaction Fee: PKR 370 or 3% per transaction (whichever is higher)
(Retail interest will be applied in case payment is not made by due date)

i-cash on call:
APR 3.67% of service fee mark-up per month translated into an APR of
44% (Retail interest will be applied in case payment is not made by due date)
Processing Fee: PKR 400 (per request) or 2.5% of the amount request
(whichever is higher)

Arbitration Charges for Disputed Transactions:


USD 500 or equivalent in Pak Rupees

Card Replacement Fee:


Classic & Gold PKR 950/-Platinum PKR 1800/-

Cheque Return Charges:


PKR 1,200/-

Auto Debit Insufficient Funds Charges


PKR 1,400/-

Foreign Transactions:
PKR 100 or 3.7% whichever is higher (applicable on all transactions acquired/exe-
cuted at International Merchants within and outside Pakistan).

SMS Alert Fee:


Free
Utility Bill/Telcos & Other Bill Payment:
PKR 10 or 1.5% per transaction (whichever is higher)

All charges are exclusive of government taxes and are subject to change and will be notified to the
customer accordingly.
MCB Bank Limited
2023 31 2023 01

6,000 8,500 16,000

2,800 4,200 7,000

3.67 44%

3.67 44%

1,900/-

1,100/-

0.70%

111 000 622 mcb.com.pk /MCBBankPk Over 1400 Branches & ATMs
1.83 22
3% 550/-
6 1,200

3.25 39
3 850

6 1,200

3.25 39
3 850
6 1,200

27 2.25
3 850

6 1,200

3 370

44 3.67

2.5

950

1,400/-

1.5

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