A bank exists that issues cards to customers, so when a customer purchases through these cards, a discount is deducted from the price of the goods. What is the ruling?

The questioner:
Honorable Shaykh, may Allah grant you success. The questioner from outside this country says: We have a bank that issues cards to customers. When a person buys from a shop through this card for an amount of one hundred, the bank pays the shop one hundred, but it charges the customer ninety-nine, deducting from the price as a means of attracting customers and clients. Is that permissible?

The Shaykh:
It is riba (usury or interest) disguised as a ruse, and they are taking the cost of the card from you. What they gave you as a gift, they are taking from you by adding it to the value. All of this is among the invalid stratagems. Yes.

The presenter:
What did you say?

The Shaykh:
Allah the Exalted knows best, and may Allah send prayers and peace upon our Prophet Muhammad, his family, and his Companions.