Top 5 Credit Cards in Bangladesh

Are you looking for a Credit Card in Bangladesh?

If you answered yes, I’d like to tell you that you’ve arrived at the correct location. In this regard, practically all major banks in Bangladesh currently provide a variety of credit cards that are equipped with a variety of features and benefits. Because you are unsure of which credit card company in Bangladesh is the most reliable. Furthermore, determining the finest credit card might be a difficult undertaking. I’m going to be of assistance to you here. In this essay, I will tell you about the seven finest credit card providers in Bangladesh who may be of assistance to you in your financial endeavors.

Choosing one credit card that meets your needs and complements your way of life among the plethora of possibilities available can be a difficult challenge. Most credit card issuers provide a number of different cards, each with its own set of features, eligibility requirements, and associated fees and charges that differ from the others. So, if you’re looking for a credit card that’s right for you, here are the greatest credit cards from Bangladesh’s top credit card issuers, all of which offer unbeatable perks like as cashback, rewards, and discounts on shopping, gas, and travel, among other things.

How to Choose the Best Credit Card in BD?

When looking for the finest credit card in Bangladesh, you will find a variety of top credit cards with various benefits. It’s easy to feel overwhelmed with choices.

Always look for a credit card and debit card that fits your lifestyle. Choosing the ideal credit card for you involves five steps. They are:

1. Know why you need a credit card :

You must determine your requirement for a credit card. People need a credit card for three main reasons – to establish credit, to increase credit limit to make larger purchases, and to take advantage of incentives across multiple spending categories. Choose a credit card that meets your needs.

2. Understand your credit card eligibility :

Once you know why you want a credit card, you should know your credit profile and which cards you qualify for. Your salary may be too low to qualify for a credit card that offers attractive travel benefits. So, be sure the card you apply for is likely to be approved.

3. Credit Cards List :

You can select a few cards based on your eligibility. This will help you find the proper card. To narrow down your choices, consider if you can afford the annual cost and whether the card meets your fundamental demands.

4. Choose the best value :

Choose one of the credit cards on your shortlist that delivers the best overall value. Consider a futuristic technique in this case. Consider whether you want to use this card five years from now. Consult your bank to determine whether you can later upgrade to another card.

5. How to apply :

You may apply directly on the bank’s website or via a third-party website. With the latter, you have the option of comparing credit cards from various banks to choose which one is the best fit for you.

List of Top Credit Cards in Bangladesh :

1. Eastern Bank Ltd.
2. City Bank Ltd.
3. Dutch Bangla Bank Ltd.
4. Standard Chartered Bank Ltd.
5. BRAC Bank Ltd.

Top Credit Cards Comparison :

Bank	Regular APR	Grace Period	Renewal (Tk)	Min. Pay	Installment	SUP. Card
Eastern Bank Ltd.	27.00%	45 Days	Zero (If you commit 18 transactions yearly)	5% of outstanding	Yes (EBL/ZIP)	Yes
City Bank Ltd.	27.00%	45 Days	From 1500 to 25000	5% of outstanding	No	Yes (Free)
Dutch-Bangla Bank Ltd.	15.00%	50 Days	Zero	5% of outstanding	No	Yes (Free)
Standard Chartered Bank Ltd.	26.00%	45 Days	From 1500 to 10000	5% of outstanding or BDT 500.00	Yes (Instant Loan)	Yes (Free)
BRAC Bank Ltd.	27.00%	45 Days	From 1500 to 25000	5% of outstanding	Yes (Super Loan)	Yes (Free)

1. Eastern Bank Ltd.

EBL Visa Classic Credit Card Zero Renewal Fee Free First Card Cheque book Up to 45 Days Interest Free Period
EBL Visa Gold Credit Card Zero Renewal Fee Free First Card Cheque book Up to 45 Days Interest Free Period
EBL Visa Platinum Credit Card Maximum Credit Limit Zero Renewal Fee Complimentary Access to EBL SKYLOUNGE Priority Pass Airport Lounge Program

Eastern Bank (EBL) was a pioneer in mobile banking in Bangladesh, and they continue to have the most solid infrastructure in the country when it comes to mobile banking today. Eastern Bank Ltd. (often referred to as EBL) began operations in 1992. If you have an EBL platinum card, you are eligible to utilize the EBL SKYLOUNGE.

It offers over 19 different types of Visa and Mastercard cards for use in both domestic and international payments and transactions. They are also proficient in the use of credit and debit cards. Eastern Bank (EBL) was a pioneer in mobile banking in Bangladesh, and they continue to have the most solid infrastructure in the country when it comes to mobile banking today. Eastern Bank Ltd. (often referred to as EBL) began operations in 1992. If you have an EBL platinum card, you are eligible to utilize the EBL SKYLOUNGE.

One of the most valuable benefits of EBL cards has to be the ability to use the EBL SKYLOUNGE while traveling outside of the United States. They have a total of 45 days to take advantage of the interest-free period. The amount you pay can range from the smallest amount (5 percent or BDT.500/$10) owing to the largest amount (the complete amount due). That alone can be enough to persuade a client to use EBL. Your interest rate is 27% and you have the option to pay in monthly installments. You can also get a supplemental card from them, but there are additional fees associated with it.

2. City Bank Ltd.

AMEX Credit Card Balance Transfer Easy Pay E-Statements Card Replacement

City Bank is another excellent option for credit card customers. City Bank is one of the few financial institutions that provides Amex Cards to its customers. However, they have fewer possibilities than other people. However, they provide two sorts of cards: City Visa and American Express, which may be used both internationally and locally.

In Bangladesh, the American Express card serves a specific purpose for both domestic and international purchases. They provide a FlexiBuy Program with zero percent interest and installment plans ranging from three to thirty-six months. They also provide prizes for your transactions and payments, which is a nice bonus. All accidental death insurance coverage is available through the Visa credit card programs.

The regular annual percentage rate (APR) is 27% and the grace period is up to 45 days. There is a little increase in the renewal charge, which ranges from BDT 1,500 to BDT 25,000 depending on the card facilities. With this card, there is a 5% overdue fee that must be paid, and there are no installment options available with this card.

3. Dutch Bangla Bank Ltd.

MasterCard Titanium Card Lowest Interest Rate No Issuance Fee Transaction Alert Fund Transfer Facility Flexible Payment Facilities
VISA Classic International Credit Card Lowest Interest Rate No Issuance Fee Transaction Alert Fund Transfer Facility Flexible Payment Facilities
MasterCard Gold International Credit Card Lowest Interest Rate No Issuance Fee Transaction Alert Fund Transfer Facility Flexible Payment Facilities

DBBL, Bangladesh’s first joint venture bank, has been a pillar of the country’s ATM service from its inception. Their agent stations and ATMs, which are available even in distant areas, have made banking more accessible to everyone. Dutch Bangla Bank is one of Bangladesh’s most well-known private banks and is headquartered in Dhaka. They are currently issuing Visa and Master Credit Cards in both the local and international markets. With the lowest interest rate and a maximum interest rate-free period of 50 days, Dutch Bangla Bank is the best place to do business. American Express, on the other hand, is not available from them.

The annual percentage rate (APR) is 15%, which is much lower than the national average. It is dependent on the cards. You will also be exempt from paying the renewal charge. However, there are no payment options available, but you will receive a complimentary supplemental card.

4. Standard Chartered Bank Ltd.

Platinum Visa/MasterCard Credit Card 0% Insta Buys Facility Free Passenger Handling Service Discount and Offers
Gold Visa/MasterCard Credit Card 0% Insta Buys Facility Global Outlets Reward Point Discount and Offers
Visa Silver (Classic) Credit Card 0% Insta Buys Facility Global Outlets Reward Point

Standard Chartered Bank is one of the country’s oldest and most prestigious international financial institutions. ANZ Grindlays Bank was the previous name of this institution. The Bank provides a comprehensive variety of banking services to customers in all market categories.

The bank offers a variety of credit cards that vary in price depending on the client’s creditworthiness. The restrictions and other features of this card vary from one issuer to the next. The typical regular APR on all cards, on the other hand, is 26%.

In addition, there is a 45-day grace period, and the maintenance and renewal fees range from BDT 1,500 to BDT 10,000. Standard Chartered offers a convenient installment option, which is a nice benefit. In addition, you can purchase an additional supplemental card, which will incur additional fees.

5. BRAC Bank Ltd.

BRAC Platinum Card Discount and Offers Reward Point Insurance Benefit Outstanding waiver Complimentary Access
BRAC Gold Card Discount and Offers Reward Point 0% Interest Outstanding waiver Complimentary Access
BRAC Classic Card Discount and Offers Reward Point Outstanding waiver Free SUP Card 0% Interest at 200 Merchant

BRAC Bank Limited was established with the objective of providing banking solutions to Small and Medium-Sized Enterprises (SMEs) who were previously unbanked. BRAC Bank provides four different types of Visa and Master Credit Cards for use in both domestic and international transactions. Customers can now take use of a variety of consumer and retail services that they are offering. They offer a variety of card services ranging from the classic to the limitless, as well as a diverse range of services.

The primary goal of BRAC Bank was to improve inclusion in the banking industry by making banking more accessible to members of our society who live in rural areas as well as those who are economically disadvantaged.

The charge for renewing the cards ranges from BDT 1,500 to BDT 25,000 depending on the model. You can, however, avoid paying this fee if you conduct at least 18 transactions per year. The annual percentage rate (APR) is 27% and the grace period is 45 days. Additional benefits include installment options and the provision of an additional card at no additional cost.