UBL, PSO launch first auto credit card

United BankLtd. (UBL) and Pakistan State Oil (PSO) has launched Pakistan’s first auto credit card on a nation-wide scale. The UBL-PSO auto credit card offers 5% free fuel every time customers purchase fuel at a PSO outlet and 1% free fuel at any non-PSO outlet. In addition, it offers several other benefits including an annual fee waiver on the card, free accident insurance and promotional offers on genuine spare parts and car accessories at 35 local dealers. There are also special discounts available on vehicle tracking devices, PSO lubricants and the installation of CNG kits. (April 3, 2009)