The Faysal Bank World Mastercard Credit Card is positioned as Pakistan’s first Shariah-compliant premium lifestyle card, offering a blend of travel perks, instant redemption, and luxury experiences. With generous reward points, access to lounges, and wide acceptance, it is designed for frequent travelers and high-spending individuals.
Unlike HBL, Faysal Bank offers instant redemption at 300+ merchant outlets country-wide.
Table of Contents
Quick Highlights
Annual fee waivers: Spend‑based reversals within 60 days of fee posting (details below).
Reward earn rates: 1 point per Rs. 50 (domestic); 2 points per Rs. 50 (international).
Redemption value: 1 point = Rs. 0.6 everywhere — including instant redemptions.
Instant redemption: Available at 300+ partner outlets at the till.
Lounges: In Pakistan, cardholder + 1 guest free at Karachi, Lahore & Islamabad airport lounges (when you’re flying). On Mastercard Travel Pass, only the primary cardholder gets access.
Credit limits: Minimum Rs. 1,000,000, maximum Rs. 7,000,000 (bank‑assigned).
Eligibility & Documentation (Salaried vs Business)
Salaried Individuals
- Age: 21–60
- Minimum stable income with verifiable salary slips (last 3 months) and bank statements (last 6 months): approx Rs. 200.000-250,000
- CNIC, current address, verified employer details
Self‑Employed / Business Owners / Professionals
- Age: 21–65
- NTN, proof of business, and bank statements (typically 12 months)
- Partnership/sole‑prop documentation as applicable
Credit Limits
- Minimum limit: Rs. 1,000,000
- Maximum limit: Rs. 7,000,000
- Limits are assigned after underwriting (income, bureau history, internal score). You can request a limit enhancement later (often via SMS/app prompt or by submitting updated income documents).
Fees & Key Charges (Jul–Dec 2025)
Always cross‑check the latest Key Facts Statement (KFS) and Schedule of Charges (SoC) linked below, as banks may revise fees mid‑cycle.
- Primary annual fee (World): Rs. 26,000 (+ FED)
- Supplementary annual fee: Rs. 12,500 (+ FED)
- Spend‑based annual fee reversals (within 60 days of fee posting):
- Primary: Spend Rs. 400,000 → annual fee reversed; reduced fee of Rs. 2,500 applies
- Supplementary: Spend Rs. 50,000 → fee fully reversed
- Utility bill payments typically do not count toward reversal thresholds
- FX conversion / cross‑border fee: ~4.5%
- Profit‑free days: up to 50 days if Total Amount Due is paid by the due date
- Cash withdrawal limit (World): Rs. 50,000 or 10% of credit limit (whichever is lower); cash advances attract profit/fees immediately (AVOID!)
Reward Points – Earning & Redemption
- Local Spending: 1 Reward Point per PKR 50 spent.
- International Spending: 2 Reward Points per PKR 50 spent.
- Redemption Value: 1 point = PKR 0.60 (or 100 points = PKR 60).
- Instant Redemption: Available at 300+ partner outlets across Pakistan.
Click here to view the full list of partner outlets
Lounge Access & Travel Benefits
- Airport Lounges in Pakistan: Complimentary access for primary cardholder +1 guest at:
- Karachi Jinnah International Airport (Majestic lounge)
- Lahore Allama Iqbal International Airport (CIP lounge)
- Islamabad International Airport (CIP lounge)
- TravelPass App: Complimentary access for primary cardholder only at 1200+ international lounges.
Dining, Shopping & Lifestyle Discounts
Faysal Bank World Mastercard holders enjoy discounts on dining, shopping, travel, and lifestyle.
See the latest deals & discounts here
Faysal Bank Rewards Point Valuation
| Spend Type | Points Earned | Value per Point | Effective Value % |
|---|---|---|---|
| Local Spend (Rs. 50) | 1 point | Rs. 0.60 | 1.2% |
| International Spend (Rs. 50) | 2 points | Rs. 0.60 | 2.4% |
Example: If you spend PKR 100,000 locally → You earn 2,000 points → Redeemable for PKR 1,200.
Official References
- Faysal Bank Credit Cards
- Deals & Discounts
- Redemption Partners
- Schedule of Charges (SoC) – July 2025
- Mastercard Travel Pass – Android | iOS
Fine Print
Shariah compliance: Certain merchant categories are blocked under Noor’s Shariah guidelines (e.g., gambling, some entertainment/dating MCCs, etc.)
International usage controls: You can enable/disable cross‑border and e‑commerce usage; use the app/helpline for toggles and limits.
Payment hierarchy: If you don’t pay the Total Amount Due, profit applies from the transaction date; cash advances accrue profit/fees immediately according to 43% APR
Utility payments & fee waivers: Utility bill payments generally do not count toward spend‑based annual fee reversals.
Disputes/chargebacks: Initiate within scheme timelines; keep invoices/receipts and merchant correspondence handy.
Supplementary cards: Earn points that pool into the primary card account; fees/usage are governed by the primary relationship.
Final Verdict: The Faysal Bank World Mastercard Credit Card is an excellent option for frequent travelers and high spenders who want strong international earning, instant redemption flexibility, and luxury perks like lounge access. While the annual fee is steep, the waiver criteria and reward valuation make it worth considering for savvy users.
Frequently Asked Questions – Faysal Bank World Mastercard
The minimum credit limit is Rs. 1,000,000 while the maximum limit goes up to Rs. 7,000,000 depending on your income profile, repayment history, and bank’s internal assessment.
Yes, the primary cardholder gets complimentary access to selected domestic lounges at Karachi, Lahore, and Islamabad. One guest is also free per visit. International lounge access is available via Mastercard TravelPass, but only for the primary cardholder.
Yes, Faysal Bank World Mastercard comes with complimentary Takaful protection, covering accidental death, disability, and in some cases medical emergencies during travel. Coverage is subject to terms and conditions of the bank’s insurance partner.
Charges such as late payment fee, over-limit fee, and cash advance fee apply. Additionally, foreign currency transactions are subject to conversion charges. Always review the current Schedule of Charges before using your card.
International transactions are converted into PKR at Mastercard’s prevailing exchange rate, plus a currency conversion fee of 4.5% charged by the bank.
The Faysal Bank World Mastercard focuses on reward points, not cashback. You earn points on all spending, which can be redeemed for shopping, travel, or bill payments.
Yes, Faysal Bank offers an installment plan (EMI facility) where you can convert large purchases into easy monthly installments at competitive markup rates (normally 0% for tenues up to 3 months. Tenure options usually range from 3 to 36 months.
