Standard Chartered Saadiq Credit Card Charges 2026 in Pakistan: Rs 20,000 Annual Fee, 46% Profit Rate, Late Fee and Every Charge

We downloaded the bank's Saadiq schedule of charges PDF from sc.com/pk on 12 November 2026 and read the credit card pages line by line. It is a large file, about 34 MB, and it took a while to open on an ordinary connection. Below is every Saadiq card charge we could read clearly, one figure we think you should question, and how the Islamic card compares with the bank's conventional cards.

The Saadiq card comes in two Shariah structures

The schedule splits the Saadiq Mastercard Platinum into two columns. One is the "Ujrah Structure", where the bank charges a fee for its service. The other is the "Murabaha Structure", where the bank charges a profit rate on what you owe. The card's own page on sc.com/pk says the card is based on Commodity Murabaha, and that profit is charged on the outstanding balance.

Both columns show the same Rs 20,000 annual fee and Rs 9,000 supplementary fee. A footnote says the monthly maintenance fee is charged only on cards under the Ujrah structure. A second footnote says the profit rate applies to the Murabaha structure.

If you are applying now, ask the branch which structure your card will be on. The charges below differ between the two, and the bank's application form, not this article, decides which one you get.

One figure to ask the bank about: Rs 25,000 monthly maintenance

In the Ujrah column, the schedule prints "Monthly Maintenance Fee Rs 25,000". We read it twice, in two different text extracts of the PDF, and the number is the same both times. It is higher than the card's whole annual fee, which is unusual for a monthly charge. It may be correct, or it may be a printing error in the table.

We cannot tell which from the document alone, so we are not treating it as settled. If you hold or are offered an Ujrah structure card, ask the bank to confirm the monthly maintenance fee in writing before you sign. Call the helpline on 111-002-002, the number the card page gives for activation and help.

Late payment, cash advance and other Saadiq card charges

The schedule has two pages of "other fees, spread and charges". We list them by structure, as the bank prints them.

Ujrah structure card

Late payment charges Rs 1,500. Cash advance service fee Rs 1,200 per transaction, plus charges passed on by the bank that owns the ATM. Balance transfer processing fee Rs 4,000. Saadiq Instalment Plan processing fee Rs 9,500. Card replacement Rs 1,500. Cheque return Rs 1,000 each time. Card conversion Rs 1,500. Foreign transactions carry a spread of Re 1 per US dollar and up to 6% of the amount.

Murabaha structure card

Late payment fee Rs 2,000 or 10% of the minimum amount due, whichever is higher. Profit rate on retail and cash use up to 46%. Cash advance fee Rs 1,200 per transaction plus the other bank's charges. Direct debit failure Rs 1,200 each time. Card replacement and card conversion Rs 1,500 each. Foreign transactions carry Re 1 per US dollar and up to 5% of the amount. Asaan Instalment Plan early closure costs Rs 1,000 or 5% of the remaining balance, whichever is higher.

For both, disputes that go to arbitration cost US$500 or equivalent, and the bank says it will not charge this if the decision goes in your favour. The Re 1 spread does not apply to transactions billed in rupees by a foreign merchant.

How to keep Saadiq card charges low

1. Pay the full bill by the due date. That avoids both the late fee and the profit charge.
2. Set up a direct debit, but keep enough money in the account. A failed debit costs Rs 1,200 on the Murabaha card.
3. Avoid cash withdrawals on the card. Each one costs Rs 1,200 before any profit. The card page says you can take up to 40% of your limit in cash.
4. Check whether you qualify for Saadiq Priority. The schedule says Priority clients get annual and joining fee waivers on all Saadiq credit cards except the World card.
5. Use the cashback. The card page offers 5% back on groceries, dining and online spend, up to Rs 1,000 a month in total.

To activate a new card or pay a bill, see our Standard Chartered card activation and bill payment guide.

Saadiq against the conventional Platinum card

The bank's conventional Mastercard Platinum also costs Rs 20,000 a year with a Rs 9,000 supplementary card, and its late fee is the same Rs 2,000 or 10% of the minimum due. The main differences are in how the charges are described and where the money goes. On Saadiq cards, the late payment money is paid to charity under the bank's Shariah Board approved policy. The conventional card's cash advance fee is Rs 1,200 or 3%, whichever is higher, while the Saadiq schedule prints a flat Rs 1,200. Every conventional card fee is in our Standard Chartered credit card charges list, and account and ATM fees are in our schedule of charges guide.

Frequently asked questions

What is the annual fee of the Standard Chartered Saadiq credit card?

Rs 20,000 for the Saadiq Mastercard Platinum and Rs 9,000 for each supplementary card, in the July to December 2026 schedule.

What is the late payment charge on a Saadiq card?

On the Murabaha card, Rs 2,000 or 10% of the minimum amount due, whichever is higher. The Ujrah card page lists Rs 1,500. The bank says this money goes to charity.

What is the Saadiq card profit rate?

Up to 46% a year on retail and cash use, on the Murabaha structure.

Is the Saadiq credit card free for Priority clients?

The schedule says Priority clients get annual and joining fee waivers on all Saadiq credit cards except the World card.

How much cash can I withdraw on the card?

Up to 40% of your credit limit, says the card page. Each withdrawal costs Rs 1,200 plus the other bank's charges.

Who can apply?

Salaried people aged 21 or over, or self employed people aged 25 or over, with a CNIC, income proof, an email address and a Pakistani mobile number.

How we verified this

What we checked and where we read it.

We read the Saadiq schedule of charges, 1 July to 31 December 2026, and the Saadiq Mastercard Platinum card page on 12 November 2026, about 21:15 PKT. The bank can revise its schedule during the half year, so check the latest schedule before you apply.