Pakistan Credit Cards Type

Credit cards gained popularity in Pakistan, however, only in the 1990s when Citibank launched its Citibank Pakistan Visa Card. The aggressive marketing and huge investment not only made Citibank the industry leader in Pakistan but proved to be a turning point in the history of credit cards in the nation.

After the successful launch of the Citibank credit card, Muslim Commercial Bank, the National Bank of Pakistan and Bank of America soon followed suit with their own credit cards.

Here is the complete list of all credit cards types that are used in Pakistan now days.

• Balance Transfer Card
This type of card can be used to transfer a high interest balance onto a low APR credit card.
• Instant Approval Card
This type of card offers instant approval on select credit cards from specific banks.

• Business Credit Card
This type of card can be used to transfer a high interest balance onto a low APR credit card.
• Student Credit Card
These are credit cards for high school and college students with lower credit limits and fewer incentives to help keep their spending in check.
• Prepaid & Debit Card
This type of card aims at controlling spending.
• Credit Card Specials
• Reward Credit Cards i.e. Cash Back, Points, Gas, Airline, Hotel & Travel, Financial, Sports cards