Welcome to the world of privileges, benefits and savings with your Allied Visa Credit Card. In order to cater to your growing financial needs we are proud to introduce chip-enabled contactless Allied Visa Credit Card with The Lowest Service Charge ever! So now you can save money where it counts and spend lavishly at your favorite places with greater flexibility, convenience and most important-Affordability!
With your Allied Visa Credit Card you can enjoy a variety of state-of-the-art features and unmatched value by spending at over 49,000 merchants across Pakistan and 27 million merchant outlets worldwide! And what more, you can also use your credit card at over 1 million ATMs internationally!
The Most Attractive Service Charge
Your Allied Visa Credit Card helps you save money where it counts. Your Allied Visa Credit Card currently carries the most attractive Annual Percentage Rate in the market, i.e. 28%*. So use your Allied Visa Credit Card at your favorite places and enjoy savings like never before.
*Any change in APR will be intimated accordingly.
Chip-enabled contactless Allied Visa Credit Card
Allied Bank Limited is now issuing chip-enabled contactless Allied Visa Credit Card in order to further enhance and strengthen the security of credit card against fraud and provide more convenience of using the credit card in contactless environment. So now you can use your chip-enabled contactless Allied Visa Credit Card around the globe with more confidence and peace of mind.
- Enhanced security features
- Convenience of contactless transactions
- No conversion fee
- No chip fee
- Lowest markup rate: only 2% per month for retail and cash advance and only 1.5% per month for BTF
Frequently Asked Questions
About Chip Cards
1. What is a chip-enabled card?
Chip cards, also known as “EMV” or “smart” cards, contain an embedded microchip which stores the same information as the magnetic stripe on the back of the card but is encrypted to provide enhanced security and protection against fraud.
2. What is EMV?
EMV – which stands for Europay, MasterCard and Visa – is a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions. In the wake of numerous large-scale data breaches and increasing rates of counterfeit card fraud, card issuers are migrating to this new technology to protect consumers and reduce the costs of fraud.
3. What to call the new card?
The chip cards are identified with different names; however all are same. Following are some common terms used for chip cards:
- Smart card
- Chip card
- Smart-chip card
- Chip-enabled smart card
- Chip-and-choice card (PIN or signature)
- EMV smart card
- EMV card
4. What will be the difference between my old credit card and my new credit card?
Your current/old Allied Visa Credit Card is using magnetic stripe technology while your new chip-enabled contactless Allied Visa Credit Card is equipped with chip and contactless technologies. However, your new card would also be used as magnetic stripe card where chip and contactless terminal support is not available at merchant outlets.
5. How would my new chip-enabled contactless Allied Visa Credit Card look like?
Your new chip-enabled contactless Allied Visa Credit Card will look like this:
Allied Visa Gold Credit Card
Allied Visa Platinum Credit Card
About Contactless Cards
6. What is the contactless in chip-enabled contactless Allied Visa Credit Card?
Contactless cards use radio-frequency identification (RFID) or near field communication (NFC) for making secure payments. These cards require only close proximity to NFC enabled POS machine to complete a transaction. A chip-enabled contactless credit card can be used without even removing it from wallet.
7. How will I use my contactless Allied Visa Credit Card?
- To pay using your contactless feature, first look for the contactless symbol at participating merchants on a contactless enabled terminal.
- Then tap your Card against the symbol on the terminal until the lights turn green.
- You may be asked to enter your PIN to validate that you are the genuine cardholder.
- Enter your PIN, if asked by the merchant, to complete the transaction cycle.
- A beep indicates successful payment.
8. How secure is contactless payment?
Very secure indeed, and certainly much more secure than carrying cash. Visa contactless cards use secure chip technology so you can feel totally confident when you’re using it to pay.
9. How Visa contactless cards are protected from the threat of fraud?
Every Visa contactless card contains a highly sophisticated, highly secure chip. This chip performs a wide range of functions to maintain the card’s security, and is able to interact securely with a contactless terminal.
For a transaction to take place, a Visa contactless card must interact with a Visa contactless acceptance terminal. To do this, it uses private or secret keys to generate one-time-only electronic signatures and cryptograms. That makes it just as secure as a normal chip transaction.
10. What if I walk by or brush against a contactless terminal? Could I accidently pay for someone else’s shopping?
No. First of all, the card needs to be very close to the terminal (always less than ten centimeters and usually less than two centimeters) – so generally a touch of the card above the terminal is required to make the payment.
Also, in a typical transaction, the sales assistant has to enter the amount for you to approve first, and then your card has to be held within a couple of centimeters of the terminal for longer than half a second.
11. If I have two contactless cards, could both of them be read simultaneously?
No. The Visa contactless technology has ‘anti-collision’ features; this means that if two cards are held to a terminal only one payment will be processed.
If the contactless reader detects more than one card, you may be asked to select the one you want to use. Or, in some cases, the entire payment may be cancelled.
If you do have more than one contactless card, it’s always best to present the one you want to pay with to the terminal – and leave the other in your purse or wallet.
Chip contactless Cards at Allied Bank Limited
12. Why is Allied Bank Limited shifting to a new credit card with a chip in it?
By adding a chip to magnetic stripe Allied Visa Credit Cards, Allied Bank can help protect your transactions from fraudulent activity and provide better security and convenience to its valued customers.
13. What are the benefits of chip-enabled contactless Allied Visa Credit Card?
The chip card comes with the same security and protection you expect from your existing Allied Visa Credit Card, plus the peace of mind that your card provides enhanced protection against fraud and will be accepted at chip-enabled ATMs and merchant terminals. It further gives you the convenience of contactless environment.
14. Is there any cost involved in migrating to chip-enabled contactless Allied Visa Credit Card?
No, there is no cost involved in migrating to new chip-enabled contactless Allied Visa Credit Card.
15. Is there any additional fee for my new chip-enabled contactless Allied VISA Credit Card?
No, there is no additional fee for your new chip card.
16. When will I get my new chip-enabled contactless Allied Visa Credit Card?
You will get your new chip-enabled contactless Allied Visa Credit Card on your regular renewal or card replacement request; in case of regular renewal no fees will be charged while in case of receiving card replacement request regular Card Replacement Fee will be charged as per prevailing SOC. In addition, the Bank my replace your card prior to your regular card renewal and in that case no Card Replacement Fee will be charged however in any case no Chip Fee will be charged.
Using Chip Cards
17. How do I make a purchase with my chip card?
At merchants with chip-enabled terminals:
- Merchant will insert the chip end of your card into the terminal with the chip facing up.
- He/she will keep the card in place and follow the prompts on the screen.
- He/she will remove your card when directed and take your receipt.
- The merchant will present merchant receipt for you to sign.
At merchants that do not have chip-enabled terminals:
- The merchant will just swipe your card as they normally do.
18. How do I use my chip card at an ATM?
Simply follow the instructions and prompts at the ATM.
19. Can I continue to use my existing PIN with my new chip card?
In case of issuance of renewal credit card you can use your existing PIN however in case of replacement of your credit card with different number, you would need a new PIN.
20. Can I use my chip card for Internet purchases?
Yes, you may use your new chip card the same way you currently use your magnetic stripe card for Internet purchases.
21. Will my chip card work outside Pakistan?
Yes. Chip-enabled ATMs and merchant terminals are becoming more prevalent in Pakistan. Outside Pakistan, chip technology is currently in use or is being implemented in 130 countries. Your new card will work anywhere merchants are processing Visa credit card transactions using chip terminals or magnetic stripe terminals. In some countries, particularly in Europe, merchants may be more familiar with accepting chip cards than magnetic stripe cards.
22. When I will have my chip card, will I need to notify Allied Bank Limited when I travel internationally?
Yes, it is advisable that you provide Allied Bank with advance notification of plans to use your Allied Visa Credit Card when traveling overseas; however, no additional activation is required for using your activated chip card abroad in case of transactions at POS or ATM.
Safety and Security
23. What information is on a chip card?
The microchip embedded in the card stores information required to authenticate, authorize and process transactions. This is the same type of information already stored in the magnetic stripe. No personal information about your account is stored on the chip card.
24. Are chip cards safer to use than magnetic stripe cards?
Chip cards provide a higher level of security when used at chip-enabled terminals. The encrypted chip uses several measures that create a complex and dynamic level of security, making a chip card difficult to copy or counterfeit.
25. Does this mean that my magnetic stripe card is not secure?
You should be confident about the safety and security of using magnetic stripe cards. Converting to chip technology is the next step in electronic payments to enhance card safety.
26. Can the chip in my card get damaged?
The new chip card is just as durable as the old magnetic stripe card.
Many features of a chip card are the same as a magnetic stripe card, however, the key difference is the embedded chip on the front left side of the card.
27. Who do I contact if I have further questions?
Please call our 24×7 Customer Service at 111-225-225 or the number printed on the back of your card for international calls.
Buy Now, Pay Later
With your Allied Visa Credit Card, your free credit period allows you to pay for your purchases up to 50 days after the date of purchase. So now you can buy all the things you want, whenever you want, at your earliest convenience.
In addition to being accepted by over 49,000 merchants in Pakistan, your Allied Visa Credit Card is also accepted at over 1 million ATMs and 27 million merchants worldwide. This provides you with the added flexibility and security of being able to make transactions on your card just about everywhere you go.
When paying back your credit card bill, your Allied Visa Credit Card gives you the option to either pay the entire amount as according to your statement or a minimum of 5% of your total outstanding balance or Rs. 500 (whichever is higher).
Cash Advance Facility
As an Allied Visa Credit Card member, you are entitled up to 50% of your credit limit in cash. Just go to your nearest ATM with the VISA or PLUS sign and avail the facility of withdrawing cash 24 hours a day.
For example, Service Charge @ 28% per annum or 2.33% per month will be charged from the day of the cash advance transaction.
(The current applicable rate may differ from the example given above. Please refer to the latest Schedule of Charges for the applicable rates).
Calculation of Cash Advance Facility
The calculation can further be explained as per the following example:
If an amount of Rs. 10,000 is transacted on 20-04-09 and the statement generation date is 30-04-09, then the amount will attract a mark-up of 28% per annum equaling to 0.077% on a daily basis from the date of transaction till the complete payment is made. Since in this example the time period between the transaction date and the statement date is 10 days, therefore the finance charges are calculated for 10 days. The total finance charges in this case amounting to Rs. 76.71 for 10 days will be reflected on the credit card statement.
Transaction Date 20-04-09 Statement Date 30-04-09 APR 28% Calculation 10,000×28%/365×10 Finance Charges 76.71 Total Payable Amount 10,076.71
In addition to the above, a flat fee will also be charged as mentioned in the SOCs for every transaction.
Want to share the benefits of your Allied Visa Credit Card with others? Now you can! Treat up to two people with Supplementary Credit Cards and pass on the many privileges of your Allied Visa Credit Card to friends, family and anyone else you choose!
Zero Loss Liability
The Allied Visa Credit Card’s zero loss liability feature protects you from paying any unauthorized transactions on your card in the event that it is lost or stolen. Please immediately notify Allied Phone Banking on 111-225-225 (within Pakistan) or on 9221-35301094 (outside Pakistan) in case your card is lost or stolen.
Balance Transfer Facility
In case you have outstanding balances on other cards, consolidate these onto your Allied Visa Credit Card with a BTF rate and save more on your outstanding payments than ever before.
Calculation of Balance Transfer Facility
The calculation can further be explained as per the following example:
If an amount of Rs. 10,000 is transacted on 20-04-09 and the statement generation date is 30-04-09, then the amount will attract a mark-up of 20% per annum equaling to 0.055% on a daily basis from the date of transaction till complete payment is made. Since in this example the time period between the transaction date and the statement date is 10 days, therefore the finance charges are calculated for 10 days. The total finance charges in this case amounting to Rs. 54.79 for 10 days will be reflected on the credit card statement.
Transaction Date 20-04-09 Statement Date 30-04-09 APR 20% Calculation 10,000×20%/365×10 Finance Charges 54.79 Total Payable Amount 10,054.79
In addition to the above, a flat fee will also be charged as mentioned in the SOCs for every BTF transaction.
(Please note the current applicable rate may differ from the example given above. Please refer to the latest Schedule of Charges for the applicable rates).
Allied Phone Banking
In case you require any additional help regarding your Allied Visa Credit Card, Allied Phone Banking is there to provide you with immediate help, 24 hours a day. Just give us a call on 111-225-225.
Free CIP Lounge Access
As an Allied Visa Credit Cardholder, you are eligible to avail the complimentary lounge facility at Quaid-e-Azam International Airport, Karachi and enjoy a variety of complimentary features. Relax while you watch leading television channels or select something to read from an updated library of newspapers and periodicals. Also feel free to plug in your laptop and mobile phone into the charging facilities provided or browse the internet or send and receive faxes while you wait. You can also treat yourself to a wide assortment of high quality snacks, beverages and fresh fruits.
Know immediately when your card is being used. With Allied Bank’s SMS Banking facility, you have the option to receive an SMS every time your card is used, so that you can quickly take action in case your card is stolen or misused. Also, keep track of your spending by receiving your credit card statements at the beginning of every month. Check your total outstanding amount and minimum balance or simply enjoy our latest promotional offers and greetings via your mobile phone. A flat fee will be charged for subscribing to the facility as mentioned in the Schedule of Charges.
Our Allied Visa Gold / Platinum Credit Card holders can now avail Global Customer Assistance Service (GCAS) regarding their Visa Gold / Platinum Credit Card while traveling in any of the countries.