Young consumers will now have access to the country’s first youth-centric dual currency prepaid card as Dhaka Bank introduced “Spark” in partnership with Mastercard last week, the bank said in a press statement.
The card has been designed to meet the spending habits and global aspirations of digitally active young people, offering digital payment options and lifestyle benefits in travel, dining, education, fashion and technology at home and abroad, the statement said.
Guests at the launch included Dhaka Bank Deputy Managing Director Md Mostaque Ahmed, Senior Executive Vice President and Head of Retail Business Division H M Mostafizur Rahaman, Vice Chancellors of IUBAT, AIUB and IUB, North South University Registrar Ahmed Tazmeen, ULAB School of Business Dean Sarwar Uddin Ahmed, Mastercard South Asia President Gautam Aggarwal, Mastercard Bangladesh Country Manager Syed Mohammad Kamal and senior officials of the bank and Mastercard.
More than 100 students from seven private universities attended the ceremony.
A panel discussion titled “Digital Inclusion for the Youth of Bangladesh” was also held, where student representatives highlighted the need for wider digital access, education-friendly financial solutions and secure innovation to support young people across the country.
“At Dhaka Bank, we are constantly expanding financial solutions to meet the evolving needs of our customers,” said Deputy Managing Director Md Mostaque Ahmed, adding that Spark reflects the bank’s commitment to enhancing financial access and lifestyle convenience for the next generation.
Mastercard Bangladesh Country Manager Syed Mohammad Kamal said the card is designed for digital-native and globally aware young consumers seeking convenience, empowerment and meaningful rewards.
The dual currency feature enables seamless transactions at home and abroad. Users will receive up to 5% cashback on categories popular among youth—such as online streaming platforms, Star Cineplex, food delivery services and ride-sharing apps—along with discounts on registration fees for exams including IELTS, SAT, GMAT and TOEFL.
Cardholders will also enjoy privileges at lifestyle brands, gadget stores, restaurants, hotels and resorts, in addition to access to more than 9,500 merchant partner locations across Bangladesh, the statement added.
