Midland Bank rolls out Visa Signature credit card

Midland Bank PLC has launched its Visa Signature credit card, offering customers an array of premium lifestyle, travel, dining and payment privileges.

Imtiaz U Ahmed, managing director and CEO of the bank, inaugurated the card at a ceremony held at the Lakeshore Hotel in Gulshan, Dhaka recently, according to a press release. The card is designed to deliver a premium and rewarding payment experience.

Key features include a credit limit of up to Tk 40 lakh, up to 45 days of interest-free credit, health check-ups, eight times the reward points on spending, dual-currency functionality, international lounge facilities and access to the Balaka Lounge, convenient airport pick-up and drop-off services, as well as discounts and EMI options at various merchant outlets nationwide.

Cardholders will also benefit from a welcome offer of up to 19,000 reward points, annual fee waivers, complimentary buffet dining and hotel-stay privileges, and year-round Buy 1 Get 1/2/3 free offers at selected leading hotels, subject to applicable terms and conditions.

Additionally, the card offers a fund transfer facility of up to 95 percent of the credit limit, insurance benefits, and convenient online shopping and payment options for tuition fees, utility bills and mobile top-ups.

Customers can manage their cards through Midland Online and enjoy NFC-enabled contactless payments.

A free add-money facility from selected mobile financial services (MFS) providers, including bKash, Nagad, Rocket and upay, is also available, subject to applicable conditions.

Md Zahid Hossain, deputy managing director and chief risk officer; Md Nazmul Huda Sarkar, deputy managing director and chief technology officer; and Md Abed-Ur-Rahman, head of cards, along with other senior officials of the bank, were also present.