Best Credit Cards to Use in Bangladesh 2023

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If you’re looking for the best credit cards to use in Bangladesh in 2023, you have come to the right place. With the rise in income and economic growth in the country, people are becoming more enthusiastic about using credit cards to purchase goods and services. In this article, we’ll explore the top credit cards available in Bangladesh in 2023, their benefits, and how they compare to one another.

Overview of Credit Cards in Bangladesh

Before we dive into the best credit cards available in Bangladesh, it’s important to understand the basics of credit cards in the country. Credit cards are not a new concept in Bangladesh, with ANZ Grindlays Bank (now Standard Chartered Bank) introducing them to the masses in 1989 [3]. Since then, major banks like Trust Bank and Standard Chartered Bank have introduced their credit cards in Bangladesh, offering a range of benefits to their customers.

Best Credit Cards to Use in Bangladesh 2023

Here are the top credit cards available in Bangladesh in 2023, based on their benefits, reputation, and user feedback:

1. Trust Bank Visa Platinum Credit Card

Operating since 1999, Trust Bank is one of the most reputable banks in Bangladesh. The Trust Bank Visa Platinum Credit Card is their most prominent credit card, offering a range of benefits to its users, such as:

  • Cashback on all transactions
  • Complimentary airport lounge access
  • Travel insurance
  • Dining discounts
  • EMI facilities
  • Zero percent interest on balance transfers

2. Standard Chartered Smart Visa Platinum Credit Card

The Standard Chartered Smart Visa Platinum Credit Card is one of the most popular credit cards in Bangladesh, offering a range of benefits to its users, such as:

  • Cashback on all transactions
  • Complimentary airport lounge access
  • Travel insurance
  • Dining discounts
  • EMI facilities
  • Zero percent interest on balance transfers

3. Dutch-Bangla Bank Visa Platinum Credit Card

The Dutch-Bangla Bank Visa Platinum Credit Card is one of the newest credit cards available in Bangladesh, offering a range of benefits to its users, such as:

  • Cashback on all transactions
  • Complimentary airport lounge access
  • Travel insurance
  • Dining discounts
  • EMI facilities
  • Zero percent interest on balance transfers

4. BRAC Bank Visa Platinum Credit Card

The BRAC Bank Visa Platinum Credit Card is one of the most reliable credit cards available in Bangladesh, offering a range of benefits to its users, such as:

  • Cashback on all transactions
  • Complimentary airport lounge access
  • Travel insurance
  • Dining discounts
  • EMI facilities
  • Zero percent interest on balance transfers

How to Choose the Best Credit Card for You

When choosing a credit card in Bangladesh, you should consider the following factors:

1. Benefits

Look for credit cards that offer the benefits that matter most to you, such as cashback, airport lounge access, travel insurance, and dining discounts.

2. Interest Rates

Make sure to check the interest rates of the credit card you’re considering, especially if you’re planning to carry a balance. Look for credit cards with low or zero percent interest on balance transfers.

3. Fees

Check the fees associated with the credit card you’re considering, such as annual fees, foreign transaction fees, and late payment fees.

4. Reputation

Choose a credit card from a reputable bank with a good track record of customer service and reliability.

Conclusion

In conclusion, choosing the best credit card to use in Bangladesh in 2023 depends on your specific needs and preferences. It is essential to consider the annual fee, interest rate, rewards program, and other benefits before making a decision.

After conducting extensive research and analyzing the various credit cards available in Bangladesh, we have identified some of the best options. These include the Standard Chartered Smart Visa Platinum Credit Card, the Trust Bank Visa Platinum Credit Card, and the City Bank American Express Gold Credit Card.

Each of these credit cards offers unique features and benefits that cater to different needs. The Standard Chartered Smart Visa Platinum Credit Card offers cashback rewards, while the Trust Bank Visa Platinum Credit Card offers discounts and offers on various retail purchases. The City Bank American Express Gold Credit Card offers exclusive travel benefits and privileges.

Ultimately, the choice of the best credit card to use in Bangladesh in 2023 is subjective and depends on your individual preferences. We hope that this article has provided you with valuable insights and information to help you make an informed decision.

If you have any further questions or concerns regarding credit cards in Bangladesh, please refer to the frequently asked questions below.

FAQs:

  1. Which credit card should I choose in Bangladesh? Choosing the best credit card in Bangladesh depends on your financial needs and lifestyle. You should consider factors such as interest rates, fees, rewards, and benefits when choosing a credit card. Refer to the information provided in the article [1] [2] [3] to make an informed decision.
  2. What are the benefits of using a credit card in Bangladesh? There are many benefits to using a credit card in Bangladesh, including convenience, security, and the ability to earn rewards and cashback. Additionally, credit cards can help build a credit score, which is important for future borrowing. However, it’s important to use credit cards responsibly to avoid debt and high-interest rates.
  3. What is the interest rate for credit cards in Bangladesh? The interest rate for credit cards in Bangladesh varies depending on the bank and the type of credit card. Interest rates can range from 2% to 3.5% per month, but some banks offer lower interest rates for specific credit cards. Check with the bank or review the credit card details for specific interest rates.
  4. Are there any fees associated with credit cards in Bangladesh? Yes, there are fees associated with credit cards in Bangladesh, such as an annual fee, late payment fee, cash advance fee, and foreign transaction fee. Review the credit card details for specific fee information and make sure to use the credit card responsibly to avoid additional fees.
  5. How can I apply for a credit card in Bangladesh? You can apply for a credit card in Bangladesh by visiting a bank’s website or branch office. Each bank has its own application process and eligibility requirements, so make sure to review the details carefully before applying. You will need to provide personal and financial information, such as your income, employment status, and credit history, to apply for a credit card.