Credit Card Interest Rate Bangladesh

Credit Card Interest Rate Bangladesh

Credit Card Interest Rate Bangladesh has been found on my website. A credit card is the very essential product of modern life. In modern life that means the elite person is use credit card always. Not only elite people but also all educated people always use Credit Card. They are not carrying to money always to use Credit Card.

Credit Card Interest Rate Bangladesh

All products using Credit Card, Credit Card normally any credit card can be used for any international or local means Bangladesh transaction. If you want to know about Credit Card Interest Rate Bangladesh then visit my site. In the future, you want to know about the international Credit Card Interest Rate. Credit Card starting from free access to business class lounge to exclusive dining and shopping discounts local or international banking Credit Card gives you a world of benefits that are true to its name.

Credit Card Interest Rate Bangladesh

Credit Card ranging from 3 to 6 years depends on the type of users. Credit Card, Unfortunately, an international card is still a dream here in Bangladesh. Credit Card Bank Interest Rate Bank Wise an overall description has been given on my website. Credit Card Bank Interest Rate Calculation, Verification, and an Evaluation will be found also my site. Bangladesh has several banks that are offering credit cards for clients. Islami Bank, National Bank, Trust Bank, Mercantile bank, and so on. Most credit card application requirement is a government employee or an incorporated business owner. For this reason, you may not reach your goal. Credit Card Interest Rate Bangladesh.

Credit Card Interest Rate Bangladesh

Credit Card Interest Rate Bangladesh

City Bank: Citi bank is one of the most reputable international banks which have branches all over the world, including Bangladesh.

 

BRAC Bank: BRAC Bank is offering a dual currency account for an international credit card. If you are an employee working in any government or non-government organization, then you can apply for their credit card. You can easily do it by visiting the nearest branch and apply for a card. You can choose whether you want to have a visa or a master card brand.

Credit Card Interest Rate Bangladesh

Credit Card Interest Rate Bangladesh

Dutch Bangla Bank: This bank provides one of the greatest financial services in Bangladesh. You can apply for a credit card that you can use anywhere in any kind of transaction, including online transaction

Standard Chartered Bank: Standard chartered really has a lot of requirements. Thus, it’s very hard to get credit card approval from this bank.

Planning for your shopping decision or gets the opportunity of cash withdrawn or make a payment you must think in mind you carry cash or cash equivalent?  Carrying cash is very risky for today’s life. So Credit Card is the best solution as a cash equivalent. But the question in mind which Bank’s Credit Card do you prefer most? To take the best decision, you need to verify Credit Card Bank Interest Rate first. Then which Bank Credit Card how a Much Interest Rate? Or how much Interest on Bank Credit Cards? Benefits and disadvantages of Bank’s Credit Card etc.

Credit Card Interest Rate Bangladesh

Credit Card Interest Rate Bangladesh. Twenty-nine Bank’s (29) credit card annual interest rate has been shown on the Bangladesh Bank’s Website. Only Sonali and Janata Banks have Credit Card among eight (8) State-owned commercial and specialized banks. According to statistics from last September-2015, 25 Banks have credit cards among non-Government commercial banks. Standard Chartered Bank, HSBC, Bank Al-Falah also have Credit Card among foreign nine (9) Banks. For use of these cards, customers have to pay interest up to 18% to 36%. Although most of the Bank’s take interest up to 30%.

Credit Card Interest Rate Bangladesh

Only three (3) banks take the lowest interest of 18%, these are Bangladesh Commerce Bank, Jamuna Bank, and Dutch Bangla Bank (DBBL). After this, the lowest interest rate 19.50% is HSBC Bank. The interest rate of Bank Al Falah is 21.24%. Five (5) Banks’ take fixed interest of 24%; these are Janata Bank, Dhaka Bank, IFIC Bank, Standard Bank, and Southeast Bank. Besides these,

Credit Card Bank Interest Rate-Choice the Best One

Summarized Bank wise Credit Card Bank Interest Rates are described above. So, take the decision to choose the best one for your Credit Card. According to the rules of Bangladesh Bank, the Maximum limit of a Credit Card or Money expense power limit of a Credit Card is TK 5 Lac (Taka 500,000). This limit is fixed on the basis of the Customer’s Monthly Income. According to the Information of Central Bank (Bangladesh Bank) Total Credit (Accumulating of all Banks), Cards of last June-2015 had 564,459. Within Brac Bank had 65,572 Credit Cards, EBL had 63,043, Prime Bank had 45,071 Southeast Bank had 26,875 Credit Cards and City Bank had 173,532 Credit Cards.

You may also visit Bangladesh Bank, the Central Bank of Bangladesh. The Website is www.bb.org.bd

Credit Card Interest Rate Bangladesh

Modern life, especially Credit Card is essential for City life. This card well-known as “plastic money” is making life easy, burden-free & amusing day by day. Although peoples buy a product with Credit Card, Credit Card is also a Special Product by the side of Bank. Bank receives/takes Annual Charge from the customer by the sale of this product (Credit Card). In exchange of the customer gets an opportunity to cash withdrawn or shopping through a Credit Card. Credit Card Interest Rate Bangladesh.

 

Credit Card Interest Rate Bangladesh

The customer is bound to repay the bank money in a particular period. The question of interest comes only for failure to pay back the money. Generally, monthly basis up to 2 to 2.5% interest takes over the Banks from the customer. In exchange of the customer gets the opportunity of cash withdrawn or shopping through a Credit Card.