Let’s be honest: the main reason most of us keep a credit card in our wallet is the rewards. Askari Bank uses a , which is arguably one of the more generous structures in the local market.
| Revenue Stream | Projected Year 1 | Notes | |----------------|------------------|-------| | Annual fees (net of waivers) | PKR 450M | 30% expected waiver via spending thresholds | | Interchange income (MDR) | PKR 1.2B | Assume avg MDR 1.8% on PKR 66B volume | | Late payment / overlimit (conventional only) | PKR 200M | Islamic card excluded | | Markup on revolving credit | PKR 800M | Avg outstanding PKR 8B @ 10% markup | | Cross-sell leads (personal loans, insurance) | PKR 150M | Attribution to card channel | askari credit card
Disclaimer: Interest rates and fees are subject to change by the bank. Always read the latest schedule of charges before applying. Let’s be honest: the main reason most of