LAHORE - United Bank Limited (UBL) and Pakistan State Oil (PSO) launched Pakistans first Auto Credit Card on a nation-wide scale on Tuesday. 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 annual fee waiver on the card, free accidental insurance and attractive offers on genuine spare parts and car accessories at 3S dealers. There are also special discounts available on vehicle tracking devices, PSO lubricants and the installation of CNG kits. No other credit card in the market today offers such lucrative benefits. The Card clearly aims to offer value-for-money proposition with a touch of both incentive and functional appeal to cater to the needs of customers. With the launch of the Auto Credit card, UBL continues in its legacy of firsts. UBL pioneered the 'Chip Credit Card in Pakistan in Feb 2005. PSO, on the other hand, is by far, the clear market leader amongst OMCs on Pakistans energy horizon. Statistics indicate that approximately 2.8m customers visit PSO Stations daily. UBL and PSO share a long and mutually beneficial relationship. Apart from free fuel, the UBL PSO Auto Credit Card offers much more value in the shape of customized deals on auto-related products and services, instant rewards at dedicated outlets and annual fee waiver as a standard feature, said Mr. Atif Bokhari, President & CEO UBL on the occasion. Mr. Irfan Khalil Qureshi, Managing Director PSO said: We are delighted to have launched the first-ever auto credit card in the Oil industry in Pakistan. With our extensive network of retail outlets across Pakistan.