MCB Credit Card Charges 2026: Annual Fee, Late Payment, Markup and Cash Advance (Full List)

An MCB Visa credit card costs Rs 7,000, Rs 14,000 or Rs 22,000 a year, depending on the card level, under MCB's schedule of charges for July to December 2026. A late payment costs Rs 2,500, unpaid balances are charged 3.67% a month (an APR of 44%), and a cash advance costs Rs 1,200 or 3%, whichever is higher. Paying a utility bill with the card costs Rs 10 or 1.5%.

We read the credit card section of MCB's July to December 2026 schedule and its Classic, Gold and Platinum card pages on 28 October 2026. Below is every fee, the instalment and balance transfer rates, the card limits for each level, and what a missed payment costs in rupees.

MCB credit card annual fees are Rs 7,000, Rs 14,000 and Rs 22,000

MCB charges a yearly fee of Rs 7,000, Rs 14,000 or Rs 22,000 on its Visa credit cards. MCB sells Classic, Gold and Platinum cards, and we read the three columns in that order. Supplementary cards cost Rs 3,500, Rs 7,000 and Rs 11,000.

The schedule's fee table does not print the card names above its three columns. The replacement row does name them, though: Rs 1,200 for Gold and Classic and Rs 2,400 for Platinum. The credit limits come from MCB's Roshan Digital credit card page, which lists the limit range for each level.

MCB's Roshan Digital credit card page offers a first year waiver of the annual chip fee, and a waiver in later years based on spending. Ask whether a similar spending waiver applies to your card before the renewal month. The full market is compared under credit card fees in Pakistan.

Unpaid MCB balances cost 3.67% a month, an APR of 44%

If the full MCB bill is not paid by the due date, retail spending is charged 3.67% a month, an APR of 44%. Cash advances carry the same rate from the day you take the cash. Instalment plans cost 3.25% a month, and the I-Switch balance transfer 2.25%.

Paying an instalment plan off early costs Rs 1,200 or 6% of the remaining instalments, whichever is higher. The card pages say purchases of Rs 25,000 or more can be turned into instalments over 3 to 36 months. Other banks' plans are compared under credit card instalment plans.

A late MCB payment costs Rs 2,500

MCB charges Rs 2,500 if the minimum payment is not received by the due date, and Rs 1,500 each time you go over your limit. A returned cheque costs Rs 800. Foreign transactions cost 4% or Rs 100, whichever is higher.

Here is a missed payment in rupees, using our own sums. With Rs 60,000 unpaid and the minimum missed, you pay the Rs 2,500 late fee plus about Rs 2,202 in markup for the month at 3.67%. That is about Rs 4,700, before tax, for one late month.

The bill payment fee is easy to overlook. A Rs 8,000 electricity bill paid with an MCB credit card costs Rs 120 extra at 1.5%. Paying the same bill from your bank account or debit card costs nothing.

MCB card insurance add-ons cost Rs 75 to Rs 600 a month

MCB sells optional insurance with its credit cards. I-insure costs Rs 200, Rs 300 or Rs 600 a month for term life cover of Rs 1.5 million, Rs 2.55 million or Rs 5 million. Wallet Protection costs Rs 75 a month for cover of Rs 50,000.

These are optional, and you enrol through MCB's contact centre. Check your statement for any you did not ask for. Rs 600 a month comes to Rs 7,200 a year, which is more than a Classic card's annual fee. That is our arithmetic from the schedule.

Some cover comes with the card at no extra charge. MCB's card pages list travel cover of up to Rs 100,000 each for flight delays over 6 hours, baggage loss and baggage delay. Platinum holders also get lounge access in Pakistan for a nominal PKR 1 a visit.

Keep MCB card costs close to the annual fee

The cheapest way to hold an MCB credit card is to pay the full statement balance by the due date, every month. MCB's card page offers up to 52 days of free credit on retail purchases. Interest and late fees apply only when you miss that.

1. Note your statement date and due date from your first MCB statement.
2. Pay the full balance through MCB Live before the due date.
3. If you cannot pay in full, pay at least the minimum, which MCB puts as low as 5% of the outstanding.
4. Avoid cash advances: Rs 1,200 or 3% plus 3.67% a month from day one.
5. Pay utility bills from your account, not the card, to skip the 1.5% fee.

Your rights on statements and due dates are set by SBP, and they are explained under credit card due dates and statement rights. If you do not use the app yet, the MCB Live registration takes a few minutes.

Common questions

What is the MCB credit card annual fee?

Rs 7,000, Rs 14,000 or Rs 22,000 a year for the basic card, by card level, under the July to December 2026 schedule. Supplementary cards cost Rs 3,500 to Rs 11,000.

What is the MCB credit card late payment fee?

Rs 2,500 if the minimum payment is not received by the due date.

What interest does an MCB credit card charge?

3.67% a month, an APR of 44%, on balances not paid in full and on cash advances. Instalment plans cost 3.25% a month and I-Switch balance transfers 2.25%.

Does MCB charge for paying bills with a credit card?

Yes. Utility, telecom and other bill payments by MCB credit card cost 1.5% of the amount or Rs 10, whichever is higher.

What is the MCB Platinum credit card limit?

MCB lists Platinum limits from Rs 500,000 to Rs 50,000,000. Gold runs from Rs 150,000 to Rs 499,000, and Classic from Rs 25,000 to Rs 149,000.

How we verified this

What we checked, where we read it, and what we could not confirm.

We read section F, "MCB Visa Credit Card", of MCB's July to December 2026 schedule of bank charges on 28 October 2026. We also read the Classic/Gold, Platinum and Roshan Digital credit card pages on MCB's credit card section. The schedule does not label its three annual fee columns, so the Classic, Gold and Platinum order is our reading, based on the replacement fee row and MCB's card range. Rupee examples are our arithmetic, and taxes apply on top.