Universal Gold Credit Card from BRAC Bank

Universal Gold Credit Card from BRAC Bank. The credit card is a completely unsecured loan facility for the customers. Through a credit, a customer uses the bank’s money. One who wants to have it needs to show no guarantee or something like that. He may use it for purchasing, bills payments etc. Purposes without having any cash deposit in the bank or even in his pocket. He is allowed to do this against an approved credit limit set up by the issuer organization. The non-account holder can also get the Credit Cards.

Universal Gold Credit Card from BRAC Bank

This is a Visa/MasterCard dual currency credit card with worldwide acceptability. Its USD credit limit will be within approved BDT limit assigned for the cardholder. A secured dual card’s limit will be maximum USD 30,000 against lien on RFCD or ERQ account. Universal Gold Credit Card from BRAC Bank.

Dual Cards can be issued against different entitlements:

● Travel Quota

● RFCD /FC

● ERQ

As per customer request, the dual card will be offered to customers against his/her Travel Quota, Residence Foreign Currency Deposit (RFCD) account and Export Retention Quota (ERQ) account. The dual card can be used in local currency within the country and foreign currency outside the country. Travel Quota limit is USD 1500 for SAARC Countries (India, Pakistan, Sri Lanka, Nepal, Afghanistan, Bhutan, Maldives & Myanmar) and USD 5000 for Non-SAARC Countries.

Universal Gold Credit Card

Universal Gold Credit Card from BRAC Bank

This is a Dual Currency Visa/Master Credit Card which is valid both in Bangladesh as well as abroad. It can be used in local currency (BDT) within the country and foreign currency outside the country. The basic difference between Classic & Gold cards is that the Gold card has a higher credit limit than that of the classic card. Credit limit of Visa/MasterCard Gold Card ranges from BDT 75,001 to BDT 500,000.

Features of Universal Visa/Master Card Gold of BRAC Bank:

The annual fee is your choice:

Now payment of the Annual fee for your Credit Card is totally your choice. BRAC Bank allows you to pay no Annual fee as long as you transact at least 18 times (including 10 POS transactions) in a fiscal year. It’s your Card, your choice. Universal Gold Credit Card from BRAC Bank.

Card cheque Facility:

With BRAC Bank Credit Card now you can enjoy cheque facility against your credit card limit. You can make payment (account payee only) to any person or organization where Credit Card facility is not available. You can use your 100% limit through Card cheque with a minimum processing fee. You will get your first checkbook absolutely for free.

FAST Rewards Program:

A special loyalty program that allows you to earn some points every time whenever you spend your money through POS with your Credit Card in Bangladesh only. For every Tk. 50 spent through POS on your Credit Card, you get the opportunity to earn 1 Reward point. The accumulated Reward Points can be redeemed against exciting gift items from our Reward Catalogue. The enrollment of this program is free. Universal Gold Credit Card from BRAC Bank,

e-Statement Service:

BRAC Bank brings more convenience for you through e-statement that will enable you to receive your monthly Credit Card statement via e-mail and this is absolutely free. No doubt nowadays e-statement is the fastest, reliable and efficient service, which ultimately minimizes your paperwork and maximizes your convenience. E-Statement will be sent maximum up to 3 (Three) e-mail addresses. For enrollment, you have to fill up the enrollment form and send /drop it to any branch of BRAC Bank.

Balance Transfer:

BRAC Bank brings Balance Transfer facility for its Cardholders; if you have other bank Credit Card then you have the option to transfer your current outstanding balance at a much cheaper rate of 22% to your BBL Credit Card. The processing fee for the Balance transfer is 2% or 150 + VAT whichever is higher.

Credit Shield Facility:

Credit shield facility is a triple benefits Insurance Plan for the BBL Cardholders. The entire dues on the Credit Card, in the event of death or permanent total disability of BBL credit Cardholder, will be waived and the cardholder or his/her family will receive equal amount to meet immediate expenses. For any kind of accidental death, the gold card holder is covered up to BDT 2-lacs and Classic Cardholder up to BDT 1 lac – under Credit Shield. A very nominal charge of 0.35 paisa for every TK.100/- of your Credit Card outstanding balance will be applicable for this coverage.

Extensive SMS Service & Transaction Alert:

BBL SMS Service is the simplest way to find out your Credit Card details through your mobile. This includes the Push & Pull service which you can avail free of cost. Through Pull Service you can access to your Credit Card information from anywhere anytime within Bangladesh. Push service BBL provides you with information on your BBL Card even when you are on the move. Now you would no longer miss a payment or exhaust your Credit limit without any warning.

For the first time in Bangladesh, BRAC Bank brings you an extensive Transaction Alert Service for its Cardholders. BRAC Bank Transaction Alert – a service that allows you to stay updated on your Credit Card transactions. For each predefined transaction, an alert will be generated and sent to your mobile instantly. At a nominal monthly fee of BDT 5 + VAT, you can enroll in the service.

Real-Time Payment Update:

Now you can avail your limit within a short time after making payment. Through IVR & ATM you can instantly refresh your limit upon making payment. As for cash payment, the limit will be refreshed within 2 hours during weekdays and end of the day during weekends.

Pay Flex

This is an installment program that allows BBL Credit Cardholders to convert any retail transaction of BDT 3000 and above into an easy and convenient repayment schedule only @ 16.95%. You can also purchase your items of choice from some of our selected Pay Flex partner outlets for 0% interest and payback in easy monthly installment.

Immediate Cash Advance Facility

You don’t need to worry about carrying cash anywhere – not even on a foreign trip where there is no one to give you hard cash at times of your need. You can withdraw cash up to 50% of your Credit Limit from any of our branches or any ATMs with Visa/MasterCard Logo across the country and outside the country.

Worldwide Acceptance of Classic Credit Card:

Our Credit Card is accepted at over 5,000 outlets across the country and over 24 million Visa/MasterCard outlets worldwide. Use your Credit Card for everyday purchases as well as high valued transactions with the wide range of products and services including hotels, restaurants, airlines, travel agents, shopping malls, department stores, hospitals, diagnostic centers, jewelers, electronics, computer shops and many more! This number is increasing rapidly to cater to your growing needs. So, no matter where you are in the world BBL Credit Card gives you the power to purchase whatever you desire for.

Global Emergency Assistance Facility

When you travel abroad, please remember that you have the option of using the Global Emergency Assistance Service provided by the Visa/MasterCard for our cardholders. These can be availed for 1. Reporting Lost/ Stolen Credit Cards 2. Requesting for emergency card replacement 3. Emergency Cash Advance and 4. Miscellaneous inquiries. The toll-free telephone numbers for accessing these emergency assistance Helpline are available in local telephone directories/yellow pages and other local listings in each country.

Supplementary Card

With BBL Credit Card you can share the exclusive benefits with your dearest and nearest one through providing the supplementary card. As a primary cardholder, you can also set spending limits for each of your supplementary cards. For your convenience, all transactions on your Supplementary Card will be shown separately on your monthly Credit Card statement.

Convenient Payment option

When you receive your bill, you need not pay the entire bill amount. You have the flexibility of selecting any of the following payment options:

Pay the total amount due.

Pay the minimum amount due (5% of your total outstanding or BDT 500 whichever is higher of the local card and for Dual card 5% of your outstanding or USD 10 whichever is higher) and the balance is carried forward to subsequent statements.

You can pay your payment conveniently, without creating any extra pressure on your finances.

Auto debit option

If you have an account with any BRAC Bank branch, you have the option of making the payment of your monthly credit statement (either minimum amount due or total due amount) directly through your bank account.

Self-set limit

BRAC Bank Credit Card allows you to set your own card limit. You can request for a limit lower than what you are eligible for. You can even preset the monthly spending limits on the supplementary card. Any transaction above that specific spending limit will be declined.

BBL 24-hours Call Center

We offer Customer Services 24-hours a day, 7 days a week through our State-of-the-Art Call Center and experienced customer service staffs. BRAC Bank Call Center facility provides you one stop solution for your banking needs.

Alternative Payment channels

BRAC Bank provides you different payment channels. Now you don’t need to wait in the queue to pay your credit card bill. You can easily pay your credit card bill through Cash Deposit Machine, ATM or through IVR (interactive voice recorder) and even through Internet Banking. For IVR, ATM & Internet Banking you need to have an account with BRAC Bank.

Universal Gold Credit Card from BRAC Bank

Internet Banking:

We understand the pressures on your time. For you to get information when you need it and where you need it, we offer you access to BRAC Bank Credit Card related information through the Internet at http://www.bracbank.com. You can also clear your Credit Card bills via Internet Banking from you BBL account.

Please visit our branch or call our Phone Banking to learn about the enrollment. Soon you can also avail facilities like accessing account information – current and last statement – getting your payment status, viewing your monthly statement by e-mail, requesting a duplicate PIN, recording a change of address,

ordering a draft, giving auto debit instructions, requesting a replacement card or an add-on card, redeeming points online from the Rewards catalogue and subscribing to statement by e-mail and mobile alert. The program will be available shortly and we will notify you soon.

Reference by: BRAC Bank Credit Card

Golam Faruque

I am Md. Golam Faruque. HR Professional in Bangladesh. I like to write articles about various job opportunities and HR related posts on my Blog.