Alfalah VISA Gold Credit Card Synopsis

Index

1. Introduction to Alfalah VISA Gold Credit Card
2. Perks & Drawbacks
3. Salient Features
4. Eligibility & Required Documents
5. Financial Information
6. 
   
   
   
   

Advantages

• Complimentary credit tenure of up to 51 days
• Boundless rebates on purchases
• Accumulation of rewards via Orbit Points
• Gratis access to CIP lounges
• Promotional installment schemes for acquiring lifestyle goods and domestic apparatus
• Capability for cash advances

Limitations

• Imprudent usage could culminate in substantial fiscal obligations
• Elevated interest rates, albeit in exchange for premium advantages
• Caution advised against the risk of credit card fraudulence if misapplied

Attributes

• Facilitate balance transfers from other credit cards to Bank Alfalah cards with straightforward installment options
• Revel in life's pleasures with discounts afforded by Bank Alfalah credit cards
• Offers installment options ranging from 3 to 36 months for repayments
• Guarantees zero loss liability, contingent on timely information disclosure
• Provision for acquiring supplementary cards
• Earning of Orbit Points to redeem rewards
• Availability of a minimum payment option

Qualification Norms For Salaried Employees:

• Earnings threshold: PKR 50,000
• Age range: 21 to 60 years
• Documentation requisites: CNIC, salary verifications, banking details, employer endorsement

For Entrepreneurs:

• Revenue criterion: PKR 50,000
• Age bracket: 21 to 70 years
• Document requirements: CNIC, National Tax Number, business proof, financial statements

Financial Parameters

• Interest/Annual Percentage Rate: 40%
• Yearly Membership Fee: PKR 6,000

Common Inquiries

Q1: Is global usage feasible with the Alfalah VISA Gold Credit Card?

A1: Absolutely, the card is universally accepted, enabling transactions worldwide, thus fostering a seamless spending experience abroad.

Q2: How does one accrue Orbit Points, and what rewards can be redeemed?

A2: Orbit Points are garnered through expenditures made with the Alfalah VISA Gold Credit Card, which can then be exchanged for an array of rewards, enriching the cardholder's utilization experience.

Q3: What distinguishes the Alfalah VISA Gold Credit Card's installment plans?

A3: The card uniquely offers a spectrum of installment periods, ranging from a quarter-year to a full three years, allowing for a tailored repayment schedule that aligns with the cardholder's financial landscape.