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MCB-Arif Habib's new debit card lets you access your mutual fund investments on the go

The card will be linked to a mutual funds investor’s iSave account, allowing them immediate access to cash.
Updated Jul 15, 2019 10:14am

MCB-Arif Habib has recently launched the iSave debit card in association with 1LINK, under the affiliate membership of PayPak.

It is Pakistan’s first asset management company to launch its own debit card independent of the banking sector infrastructure.

The card will be linked to a mutual funds investor’s iSave account, allowing them immediate access to cash by using it at any 1LINK ATM.

This eliminates the time involved in withdrawing funds and also facilitates seamless payments.

In saying so, the debit card makes iSave a recommended contemporary money management solution through which one can invest, save and spend.

Though the asset management industry of Pakistan has witnessed a growth in the past years, there is still lack of awareness at the mass level.

In an economy which needs to foster the habit of strategic-saving among its citizens, this is a stepping stone towards innovation and accessibility.

With this launch, MCB-Arif Habib aims to seize more fintech opportunities, encouraging the industry to incorporate technological advancements in their products and services.

How to get the iSave Debit Card

As an iSave account holder, you can fill and submit the form available on the iSave portal to apply for the card.

If you are not an iSave account holder yet, sign up and become a mutual funds investor online.


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