City Bank PLC, in partnership with Mastercard, has launched the first-ever credit card under the Mastercard network in Bangladesh, named the "City Bank Mastercard World Elite Credit Card".
Designed for affluent and high-net-worth customers, the card provides a wide range of exclusive lifestyle benefits, personalised services, and seamless global access, according to a press release.
With this introduction, City Bank aims to elevate the premium banking experience and cater to clients who value luxury, convenience, and international-standard services.
Md Mahbubur Rahman, additional managing director and chief financial officer of City Bank PLC, and Gautam Aggarwal, president of Mastercard South Asia, inaugurated the card at the bank's head office in Dhaka today.
Rahman said the introduction of the World Elite Credit Card reflects City Bank's commitment to bringing world-class financial products to its customers.
Aggarwal highlighted the rising number of affluent consumers in Bangladesh who seek premium experiences while maintaining local relevance, noting that this trend mirrors the country's economic progress.
Cardholders will enjoy a host of privileges, including a Tk 10,000 welcome gift voucher and dedicated investment advisory services from City Capital.
They will also have access to "Buy One Get One Free Buffet" offers at leading five-star hotels such as Sheraton Dhaka, The Westin Dhaka, Le Méridien, and others.
The card provides complimentary international lounge access through LoungeKey, along with unlimited entry to all City Bank lounges.
Moreover, the card comes with a zero-percent FlexiBuy facility at more than 5,000 partner outlets nationwide, as well as exclusive discounts at selected restaurants, retail stores, and lifestyle brands.
Kazi Azizur Rahman, additional managing director and chief information officer of the bank, and Syed Mohammad Kamal, country manager of Mastercard Bangladesh, among others, were also present.