[OT] Banks of Pakistan | Services, Accounts, Debit Cards, Credit Cards. | Help 'n' Advice

Visa vs MasterCard - silver credit card


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crase24

Active member
Jul 20, 2013
372
0
21
LAhore
I am using standard chartered bank for online purchasing

They charge rs: 106-107 for a dollar where as open market rate is around rs: 101-103 / $

So they are also charging 3-4% against the amount




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ali tayyab

Well-known member
Jun 22, 2008
1,502
10
43
Islamabad
Most CCs do charge 3.5%. Askari is IIRC 3% (or 2.5%).
Check Schedule of charges for respective banks; they list how the conversion works.

SCB: is 3.5% + a rupee for every USD spent

MCB Lite is generally open market $ rate
 

mmaslam

Intermediate
Jun 20, 2013
100
0
21
Most CCs do charge 3.5%. Askari is IIRC 3% (or 2.5%).
Check Schedule of charges for respective banks; they list how the conversion works.

SCB: is 3.5% + a rupee for every USD spent

MCB Lite is generally open market $ rate
MCBlite is the best in terms of online shopping.


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shahzebfaheem

Intermediate
May 4, 2011
201
0
21
Hyderabad
I applied for MCB Lite on Saturday 27-06-15 got E-mail containing the link for form, filled it and submitted it. Got the text today (monday) prompting me to set my pin which I did. How much more time will it take for the card to arrive and what should I do after that I called the helpline they said u dont have to go to the branch, I am pretty confused o_O.
 

gullfounder

Phoenix Dawn
Supervisor
Aug 25, 2008
970
3
24
Khanpur
I applied for MCB Lite on Saturday 27-06-15 got E-mail containing the link for form, filled it and submitted it. Got the text today (monday) prompting me to set my pin which I did. How much more time will it take for the card to arrive and what should I do after that I called the helpline they said u dont have to go to the branch, I am pretty confused o_O.
If you got MCB bank account then upon getting card. Call helpline and get it activated. If you dont have MCB account then card comes with forum you must fill it and then go to MCB branch and get it activated.
 

shahzebfaheem

Intermediate
May 4, 2011
201
0
21
Hyderabad
If you got MCB bank account then upon getting card. Call helpline and get it activated. If you dont have MCB account then card comes with forum you must fill it and then go to MCB branch and get it activated.
Thank you for your response, one more thing how long will it take after I go to the branch and get it activated ?
 

AFQ

Overclocked
Dec 24, 2008
7,661
0
41
31
Lahore
www.maximum-tech.net
For the SCB current account, they have mentioned that you've to have 100k minimum balance, is it that you need to have 100k at the time of account opening and then you can take it out or you've to have atleast 100k in your account at all times?
 

shahzebfaheem

Intermediate
May 4, 2011
201
0
21
Hyderabad
At last I got my card after 7 working days from TCS. Can anyone from Hyderabad confirm the branch that I should go to activate my Card( I want to save the hassle of going to one branch after another, as I have heard there is lack of knowledge about Lite).
 

The Alchemist

Proficient
Oct 8, 2009
626
0
21
Lahore
For the SCB current account, they have mentioned that you've to have 100k minimum balance, is it that you need to have 100k at the time of account opening and then you can take it out or you've to have atleast 100k in your account at all times?
Usually if your balance is below the minimum banks start deducting money/fee from your account. Your amount is not blocked.
 

gullfounder

Phoenix Dawn
Supervisor
Aug 25, 2008
970
3
24
Khanpur
At last I got my card after 7 working days from TCS. Can anyone from Hyderabad confirm the branch that I should go to activate my Card( I want to save the hassle of going to one branch after another, as I have heard there is lack of knowledge about Lite).
Call MCB helpline and ask them which branch has MCB lite service in your area.
 
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