# Askari Bank credit cards: types, fees, cash withdrawal charges and eligibility

URL: https://which.pk/money/guides/askari-bank-credit-cards/
Author: Hassam
Updated: 19 Oct 2026

## Summary

Askari Bank issues Mastercard credit cards in Classic, Gold, Platinum and World, plus PIA co-brand and corporate cards. From its schedule effective 10 July 2026, annual fees are Rs 5,500, Rs 12,000, Rs 20,500 and Rs 25,000. Classic, Gold and Platinum get 50% off if you use half your limit within 2 months. Markup is 42% a year (44.4% on World), a cash advance costs Rs 1,500 or 3.5%, and foreign transactions cost 4.85%.

## Key facts

- Annual fee: Rs 5,500 to Rs 25,000
- Markup: 42% a year (44.4% on World)
- Cash advance: Rs 1,500 or 3.5%
- Foreign transactions: 4.85% of the amount

An Askari Bank credit card is a Mastercard in four main types: **Classic, Gold, Platinum and World**. From Askari's schedule of charges effective **10 July 2026**, the annual fee is **Rs 5,500, Rs 12,000, Rs 20,500 and Rs 25,000**, plus government taxes. Classic, Gold and Platinum get **50% off** the fee if you use half your limit within 2 months. Any balance you don't pay in full costs up to **42% a year** (44.4% on World).

**Cost of a cash advance on an Askari card:** Rs 1,500 or 3.5%, plus 39.6% a year (The fee is whichever is higher. Service charges of 3.30% a month then run on the cash. From Askari's schedule of charges effective 10 July 2026.)

## What are the Askari Bank credit card charges in 2026?

All figures are from the credit card section of Askari's schedule of charges addendum for the second half of 2026. Its heading says **effective 10 July 2026**, though the file name says 1 July.

| | Classic | Gold | Platinum | World |
|---|---|---|---|---|
| Annual fee (basic) | Rs 5,500 | Rs 12,000 | Rs 20,500 | Rs 25,000 |
| Fee waiver | 50% off on 50% use | 50% off on 50% use | 50% off on 50% use | None |
| Supplementary card | Rs 3,000 | Rs 6,500 | Rs 11,000 | Rs 14,000 |
| Markup on unpaid purchases | 3.5% a month (42% a year) | 3.5% a month (42% a year) | 3.5% a month (42% a year) | 3.7% a month (44.4% a year) |
| Card replacement | Rs 1,100 | Rs 1,300 | Rs 1,500 | Rs 1,800 |
| Lounge access | No | No | Yes, +1 guest | Yes, +2 guests |

Askari also lists a **Corporate card** (Rs 5,500, no waiver), the **Awami card** for existing customers only (Rs 2,700, no waiver), and **PIA co-brand cards** at Rs 6,000 (Classic), Rs 9,000 (Gold) and Rs 11,000 (Platinum), also with no waiver. The markup on Awami cards is 3.7% a month, the same as World.

All government taxes are charged on top.

## How does the Askari annual fee waiver work?

On Classic, Gold and Platinum, you get **50% off the annual fee** if you use **50% of your total credit limit within 2 months** of the card being issued or renewed. Supplementary Classic, Gold, Platinum and World cards have the same rule. The basic World card has no waiver.

Our example: a Gold card with a Rs 2 lakh limit. Use Rs 1 lakh within 2 months and the fee drops from Rs 12,000 to Rs 6,000. The rule depends on your limit, not a fixed amount, so a higher limit means more spending to qualify.

[MCB](/money/guides/mcb-credit-cards/), for comparison, reverses the full fee on a fixed spend. Askari gives back only half.

## How much does Askari charge for cash withdrawal on a credit card?

A cash advance costs **Rs 1,500 or 3.5% of the amount, whichever is higher**. Service charges of **3.30% a month (39.60% a year)** then run on the cash.

Our calculation: on Rs 20,000, 3.5% is Rs 700, so you pay the Rs 1,500 minimum. The 3.5% only applies above about Rs 42,900.

Askari's **Cash for Card** plan turns part of your limit into cash you repay in installments. It costs **3% a month (36% a year)**, plus a processing fee of Rs 1,500 or 3.75%, whichever is higher.

## What are Askari's other credit card charges?

| Charge | Fee (from 10 July 2026) |
|---|---|
| Late payment | Rs 2,200 each time |
| Foreign currency and DCC transactions | 4.85% of the amount |
| Extended Payment Plan (EPP) | 3% a month (36% a year) |
| Flexible Credit Plan (FCP) | 2% a month (24% a year) |
| Balance transfer (with or without installments) | 2% a month (24% a year) |
| Processing: FCP, EPP, Cash for Card | Rs 1,500 or 3.75%, whichever is higher |
| Processing: balance transfer | Rs 1,200 or 3.2%, whichever is higher |
| Early termination of a plan | Rs 1,500 or 5.5% of what's left, whichever is higher |
| Chip maintenance fee | Rs 1,200 (basic), Rs 700 (supplementary) |
| Bill or utility payment by card | Rs 70 per payment |
| Limit enhancement | Rs 1,200 |
| Card upgrade | Rs 1,350 |
| Cheque return | Rs 1,500 |
| SMS alerts | Free |

The **4.85%** foreign charge applies to every non-rupee transaction. It also applies to dynamic currency conversion, where a merchant outside Pakistan charges you in rupees. That is higher than MCB's 4% and Faysal's 4.5% on their cards. For installment plans at other banks, see [credit card installment plans](/money/guides/credit-card-installment-plans/).

**Credit cover is optional:** Askari can add a credit cover premium of 0.48% of your outstanding balance, but only with your consent. Customers over 65 aren't eligible. Check your statement if you didn't ask for it.

## Which Askari credit card is best?

None is best for everyone. On Askari's published terms:

- **Classic** (Rs 5,500) is the cheapest to hold, and the waiver halves it.
- **Platinum** (Rs 20,500) is the cheapest card with **lounge access** in Askari's benefits table. On international travel you get lounges at all Pakistani airports, plus 1 guest.
- **World** (Rs 25,000, no waiver) adds a second guest and lounges at selected airports on domestic travel. It also charges more markup (44.4% a year).

The lounges Askari lists are the Majestic lounge at Karachi and CIP lounges at Islamabad, Multan, Faisalabad, Peshawar and Sialkot, at **Rs 1 a person** per visit. World and Platinum also include business lounges at international airports. For how Askari compares with other banks' lounge cards, see [lounge access cards](/money/guides/lounge-access-cards-pakistan/).

## Who can get an Askari credit card?

As of 8 Oct 2026, Askari's card pages listed these rules for Classic, Gold and Platinum:

| | Minimum monthly salary (permanent) | Contract staff |
|---|---|---|
| Government, semi-government, autonomous bodies | Rs 35,000 | Rs 45,000 |
| Companies on Askari's approved list | Rs 50,000 | Rs 60,000 |
| Other companies | Rs 70,000 | Rs 80,000 |

Self-employed applicants need an average bank balance of **Rs 150,000**. You must be a Pakistani resident aged **21 or over**, and no older than 60 if salaried or 70 if self-employed or a pensioner. For the World card, contract staff and pensioners can apply up to age 65.

Askari checks your eCIB credit report and your **debt burden ratio**. For the World card, your total debt payments can't be more than **40% of your net disposable income**. Limits run from **Rs 30,000 to Rs 30 lakh**, and up to 70% of the limit can be taken as cash.

## How do I apply for an Askari credit card?

1. **Gather documents.** You need the application form, a CNIC copy, a salary slip or proof of income, a bank statement and your latest utility bill, with no overdue amount this month.
2. **Apply.** Go to a branch, call Askari's 24-hour contact centre on 051-111-000-787, or leave your details on Askari's card page for a call back.
3. **Wait for approval.** For the World card, Askari says a complete application takes 10 working days from login to approval.
4. **Add family cards if you want.** You can add up to 5 supplementary cards for family members over 18.

Overseas Pakistanis with an Askari foreign currency account, [Roshan Digital Account](/money/guides/roshan-digital-account-investment/) or Naya Pakistan Certificates can get a card against a lien on those funds.

## Does Askari deduct tax on international card spending?

Yes, as with every bank. Banks collect advance income tax on card payments abroad: **0.5%** if you're on FBR's Active Taxpayer List and **1%** if you're not. SBP caps card spending abroad at **US$30,000 a year** per person across all banks. See [filer vs non-filer](/business/guides/filer-vs-non-filer/) and [how to pay for Netflix and ChatGPT from Pakistan](/money/guides/netflix-chatgpt-payment-pakistan/).

Askari is a conventional bank, with 396 separate Islamic branches as of June 2026, according to SBP.

**Where these figures come from:** Askari's website blocked us on 19 Oct 2026. The fees come from an archived copy of Askari's own schedule of charges addendum, captured on 17 Jul 2026. Eligibility and lounge details come from Askari's card pages, which we read on 8 Oct 2026. We couldn't open the reward points page or the Key Fact Statement, so points, the minimum payment and markup-free days aren't covered here.

More guides: [credit cards compared](/money/guides/credit-cards-pakistan-compared/), [Faysal Bank credit cards](/money/guides/faysal-bank-credit-cards/), [how to apply for a credit card](/money/guides/how-to-apply-for-credit-card/), [Money](/money/).

## Questions people ask

### What are Askari Bank credit card cash withdrawal charges?

Rs 1,500 or 3.5% of the amount, whichever is higher, from Askari's schedule effective 10 July 2026. On top, service charges of 3.30% a month (39.60% a year) run on the cash you take.

### What is the Askari credit card annual fee?

Classic Rs 5,500, Gold Rs 12,000, Platinum Rs 20,500 and World Rs 25,000, plus government taxes. Classic, Gold and Platinum get 50% off if you use half your credit limit within 2 months of issue or renewal. World gets no waiver.

### Who can get an Askari credit card?

Pakistani residents aged 21 or over, up to 60 if salaried and 70 if self-employed. As of 8 Oct 2026, the minimum salary ran from Rs 35,000 (permanent government staff) to Rs 80,000 (contract staff at companies not on Askari's approved list).

### Do Askari credit cards give lounge access?

Platinum and World do: lounges at all Pakistani airports on international travel, with 1 guest on Platinum and 2 on World, at Rs 1 a person. World also covers selected airports on domestic travel. Gold does not.

### What is the Askari credit card limit?

Rs 30,000 to Rs 30 lakh on Classic, Gold and Platinum, depending on your debt burden ratio, according to Askari's card page on 8 Oct 2026. Up to 70% of it can be taken as cash.

## Sources

- [Addendum, Schedule of Bank Charges effective July 10, 2026 (archived copy, captured 17 Jul 2026)](http://web.archive.org/web/20260717022421/https://askaribank.com/gallery/Adendum-Schedule-of-Bank-Charges-H2-Effective-July-01-2026.pdf), Askari Bank (accessed 19 Oct 2026)
- [Mastercard Credit Cards](https://askaribank.com/personal/cards/mastercard-credit-cards), Askari Bank (accessed 8 Oct 2026)
- [Askari World Mastercard Credit Card](https://askaribank.com/personal/cards/askari-world-mastercard-credit-card), Askari Bank (accessed 8 Oct 2026)
- [Islamic Banking Bulletin, for the period ending June 30, 2026](https://www.sbp.org.pk/assets/document/publications/Islamic_Banking_Bulletin_-_30_June_2026.pdf), State Bank of Pakistan (accessed 15 Oct 2026)
- [Summary Box, Credit Card, 1 July to 31 December 2026 (English)](https://www.mcb.com.pk/assets/documents/Credit-card-Summary-Box-1-July-to-Dec-16-Sep-2026-Font-11-English.pdf), MCB Bank (accessed 16 Oct 2026)
- [Faysal Islami Noor Card Key Facts Statement, July to December 2026 (archived copy, captured 26 Jul 2026)](http://web.archive.org/web/20260726092814/https://www.faysalbank.com/assets/documents/Noor-Card-KFS-EN-Jul-Dec-2026.pdf), Faysal Bank (accessed 19 Oct 2026)
- [Withholding Income Tax Rate Card, updated up to 30 June 2026 (Finance Act 2026)](https://download1.fbr.gov.pk/Docs/202681113864992WithholdingTaxRatesCard2027.pdf), FBR (accessed 15 Oct 2026)