City Bank PLC on Thursday launched the City Bank American Express Platinum Reserve Credit Card, the first-ever metal card in Bangladesh.
The by-invitation-only credit card holders will receive special benefits tailored to their lifestyle, including a Tk聽20,000 welcome gift voucher.
In addition, the card-members and two guests will enjoy complimentary and unlimited access to over 1,700 Priority Pass airport lounges worldwide, City Bank officials announced at a launching ceremony held at a hotel in Dhaka.
City Bank chairman Aziz Al Kaiser, speaking at a press conference, said, 鈥楾his platinum metal card is about redefining the purpose of banking in today鈥檚 world. It is also a statement that we are ready to move towards a more connected, cashless and financially inclusive Bangladesh.鈥�
Under Aziz鈥檚 leadership, City Bank pioneered the issuance of American Express (AMEX) cards in Bangladesh in November 2009.
At the event, the bank鈥檚 head of cards Tauhidul Alam, introduced the new product, noting that AMEX metal card-members can utilise the real-time auto-debit feature to make seamless transactions.
Tauhidul also said that card-members will receive complimentary enrolment into the SIXT rent-a-car loyalty programme, with priority service across more than 105 countries.
Additionally, they will benefit from a two-year complimentary membership of Tablet Plus with offering of discounted stays at select international boutique hotels.
The benefits of the cards also include a 鈥楤uy 1, Get 2鈥� complimentary buffet offer at Bangladesh鈥檚 top five-star hotels.
Anticipating a bright future for AMEX cards, City Bank鈥檚 chief executive officer and managing director, Mashrur Arefin, said that the bank鈥檚 card-members carried out transactions worth approximately Tk聽5,300 crore in 2024.
鈥極f this amount, Tk聽4,000 crore was transacted through AMEX cards,鈥� he said.
He added that the bank was currently in discussion with Bangladesh Bank to increase the maximum credit limit for individuals from Tk聽10 lakh to Tk聽20 lakh for unsecured loans.
City Bank鈥檚 additional managing director and chief financial officer Mohammad Mahbubur Rahman and deputy managing director and head of retail Arup Haider also spoke at the event.