Allied Visa Platinum Credit Card

Pricing of Allied Visa Credit Card

The Most Attractive Service Charge

Your Allied Visa Credit Card helps you save money where it counts. It currently carries one of the most attractive Annual Percentage Rates (APR) in the market:

• 34% for Retail, Cash, and PO/DD/ABC

• 24% for Balance Transfer Facility (BTF)

Please refer to the prevailing Schedule of Charges (SOC) for the updated APR.

Convenience of Contactless Transactions

The Allied Visa Credit Card offers the convenience of contactless transactions in a card-present environment. These transactions can be performed simply by bringing your card close to the POS terminal, without swiping or dipping.

Enhanced Security Features

Use your card with confidence and peace of mind, thanks to enhanced security through Chip & PIN for in-store transactions and 3D Secure for e-commerce. There is no one-time or recurring chip maintenance fee, so enjoy added security without extra cost.

Buy Now, Pay Later

Benefit from a free credit period of up to 50 days, allowing you to pay for your purchases at your convenience.

Global Acceptance

Accepted at over 118,000 merchant outlets in Pakistan, more than 44 million worldwide, and over 1.9 million ATMs, your Allied Visa Credit Card offers unmatched international usability.

Flexible Repayment

You have the option to pay:

• The entire outstanding amount

• A partial amount, or

• The minimum due

according to your credit card statement.

Repayment Options

You can make payments through:

• myABL Internet Banking

• myABL Mobile App

• Allied Bank ATMs

• 1-Bill

• Allied Phone Banking

• Drop Boxes, or

• Any ABL Branch (Over the Counter)

Cash Advance Facility

You can withdraw up to 50% of your credit limit in cash via any VISA or PLUS ATM, 24/7.

A service charge of 34% per annum or 2.83% per month will apply from the date of the cash advance transaction.

Refer to the latest SOC for applicable rates.

Example Calculation

• Transaction Amount: Rs. 10,000

• Transaction Date: 20-04-23

• Statement Date: 30-04-23

• APR: 34%

• Daily Mark-up: 0.094%

• Calculation: 10,000 × 34% / 365 × 10 = Rs. 93.15

• Total Payable Amount: Rs. 10,093.15

Flat fees will apply as per the SOC.

Supplementary Cards

You can issue up to two supplementary cards to share the benefits of your credit card with friends, family, or anyone you choose.

Zero Loss Liability

Protects you from unauthorized transactions if your card is reported as lost or stolen.

Immediately contact Allied Phone Banking at 042-111-225-225 (Pakistan) or +9221-35301094 (international).

Balance Transfer Facility (BTF)

Transfer outstanding balances from other banks to your Allied Visa Credit Card at a low markup rate of 24%.

Example Calculation

• Transaction Amount: Rs. 10,000

• Transaction Date: 20-04-23

• Statement Date: 30-04-23

• APR: 24%

• Daily Mark-up: 0.067%

• Calculation: 10,000 × 24% / 365 × 10 = Rs. 65.75

• Total Payable Amount: Rs. 10,065.75

Flat fees apply as per the SOC.

Free CIP Lounge Access

Enjoy complimentary access to CIP lounges at:

• Allama Iqbal International Airport – Lahore

• Islamabad International Airport – Islamabad

Amenities include:

• TV, reading material

• Internet and charging ports

• Snacks, beverages, and fruits

LoungeKey Access – Complimentary Airport Lounge Visits

• Visa Platinum cardholders enjoy 6 free visits per year to 25+ international lounges.
• Additional visits are charged at USD 30.

Visit: www.loungekey.com/visaplatinummena

Priority Pass Lounge Access

• Request a Priority Pass Card for access to 1,300+ global lounges.
• Available regardless of airline or ticket type.

Visit: www.prioritypass.com

SMS Alerts

Receive instant SMS alerts on all transactions, monthly statement generation, minimum due amounts, and due dates.

GCAS – Global Customer Assistance Services

Available to Allied Visa Gold and Platinum cardholders when traveling internationally.

Branches with Drop Boxes – Karachi

Branches with Drop Boxes – Lahore

Branches with Drop Boxes – Islamabad

Branches with Drop Boxes – Faisalabad

Includes your Platinum Credit Card Booklet and Allied Visa Credit Card Summary Box, providing full information on your rights and responsibilities.

If you require any assistance regarding your Allied Visa Credit Card, Allied Phone Banking is available 24/7 to provide immediate support. Just call 042-111-225-225.

Q1. When is the Membership Fee applied?

The Annual Membership Fee is applied upon issuance and subsequently on each anniversary of the credit card, irrespective of card activation.

Q2. What are the requirements for reversal of the Annual Membership Fee?

• For Gold Cards: Spend a minimum of Rs. 25,000/- within three (03) months.

• For Platinum Cards: Spend a minimum of Rs. 50,000/- within three (03) months.

Q3. Do I need to inform Allied Bank while traveling abroad to activate my credit card for international use?

Yes, you must notify Allied Bank via the helpline and request activation for International POS/ATM transactions. Additionally, if required, you must also activate fallback to magnetic stripe transactions.

Q4. What is fallback to magnetic stripe transactions?

In Pakistan, merchants are required to conduct only chip-based transactions to prevent skimming fraud. If your card’s chip does not work, or if a merchant abroad does not have a chip-enabled POS machine, your card may perform transactions using the magnetic stripe. To use this feature outside Pakistan, you must activate the fallback to magnetic stripe facility.

Q5. Is there any capping for usage of the credit card abroad?

Yes, as per SBP (State Bank of Pakistan) regulations, an annual limit of USD 30,000 is set for card-based cross-border transactions (ATM, POS & e-Commerce). Ensure your usage remains within this limit.

Q6. Do I need to activate e-Commerce transactions for my Credit Card?

No. The e-Commerce/online transaction facility for both local and international merchants is already activated on your credit card.

Q7. What information is required to conduct an online transaction?

You will need the following:

• Valid Credit Card Number

• CVV (3-digit Card Verification Value on the back of the card)

• Credit Card Expiry Date

• OTP (One Time Password, for Verified by Visa websites only)

Q8. How do I shop online with my Allied Visa Credit Card?

1. Start your transaction at an e-Commerce merchant and input your Visa Credit Card details.

2. For Verified by Visa (VBV) merchants, you’ll be redirected to the Allied Bank VBV screen to select the OTP delivery channel (registered mobile number or email).

3. You’ll receive a 6-digit OTP via the selected channel, which must be entered to complete the transaction.

Q9. How long is the OTP valid?

The OTP is valid for 5 minutes. After expiry, you can re-generate it by clicking the link on the payment screen, which returns you to the OTP selection screen.

Q10. Will I receive an OTP for all online shopping transactions?

OTP is mandatory for all VBV-compliant merchants. For non-compliant merchants, an OTP will not be sent.

Q11. What should I do if I receive an OTP for a transaction not performed by me?

Do not share the OTP with anyone. Immediately call Allied Phone Banking at 042-111-225-225 to report it.

Q12. Will I be notified upon successful completion of a transaction?

Yes. A transaction alert will be sent to your registered mobile number and/or email address, if you are enrolled for this service.

Q13. What should I do if I am charged for a transaction not performed by me?

Visit your nearest branch or call Allied Phone Banking at 042-111-225-225 to register a dispute within 90 days of the transaction date.

Q14. Can I use my Allied Visa Credit Card for business or commercial needs?

No. Commercial use of the card is prohibited. Use your card for personal needs only. For business transactions, apply for Corporate Credit Cards.

Q15. How do I gain access to Priority Pass Airport Lounges?

Present your Priority Pass card at a participating airport lounge. Lounge visits are charged USD 30 per person. For the latest charges, refer to the Schedule of Charges (SOC).