Midland Bank has launched its Visa Signature Credit Card, offering credit limits of up to Tk40 lakh, up to 45 days of interest-free credit and a range of travel, dining, healthcare and payment benefits aimed at premium customers.
The bank’s Managing Director and Chief Executive Officer Imtiaz U Ahmed unveiled the card at a ceremony at Lakeshore Hotel in Dhaka on Wednesday, 14 October, the bank said in a press release.
The card offers eightfold reward points on spending, dual-currency transactions, health check-ups, access to exclusive international airport lounges and Balaka Lounge, and airport pick-up and drop-off services.
Customers can also access discounts and equated monthly instalment facilities at merchant outlets across the country.
As part of its introductory package, the bank is offering up to 19,000 welcome reward points, annual fee waivers, complimentary buffet dining, hotel-stay privileges and other travel benefits.
Cardholders will also be eligible for year-round Buy 1 Get 1/2/3 Free offers at selected leading hotels, subject to applicable terms and conditions.
The card includes a fund transfer facility of up to 95 per cent, insurance benefits and online payment options for shopping, tuition fees, utility bills and mobile top-ups.
Customers can manage their cards through Midland Online and make contactless payments using near-field communication technology.
The bank is also offering a free Add Money facility from selected mobile financial services, including bKash, Nagad, Rocket and Upay, subject to applicable conditions.
Midland Bank said the launch formed part of its efforts to expand its card portfolio and provide modern, convenient and value-added banking services.
The launching ceremony was attended by the bank’s Deputy Managing Director and Chief Risk Officer Md Zahid Hossain, Deputy Managing Director and Chief Technology Officer Md Nazmul Huda Sarkar and Head of Cards Md Abed-Ur-Rahman, along with other senior officials.
