Want more from a credit card than just the usual features? Aside from offering you the privilege of cashless transactions, your credit card should be able to offer a lot more perks and incentives for using it in today’s world. By requesting a Bank Asia credit card, you can experience the flexibility and functionality you’ve been looking for.
Bank Asia offers a full suite of credit cards catering to different types of people. It ranges from the Visa Classic Local, which is ideal for first-time cardholders to the Visa Gold Dual, which is perfect for executives who travel abroad frequently. By owning any one of these credit cards, you can experience the comfort of local cashless transactions, quick online purchases and rewards points. Check the information below to learn how to apply for a Bank Asia Visa Classic Local Card.
Bank Asia Credit Card Features
Each of the 12 cards the Bank Asia offers, caters to specific types of people. For people who want cashless local purchases and rewards for using the credit card, the Visa Classic Local Card is the best choice. It targets the young professionals who wish to have a financial tool for more convenient and safer transactions.
With an annual fee of only BDT 750, you can enjoy a wide range of cardholder advantages. Take a look at some of them…
Bank Asia Visa Classic Local Card Advantages
One great benefit you get from owning this card is its versatility. Aside from making local purchases on credit (cashless transactions), you can also use it at ATM’s with its Cash Advance feature. This can be a lifesaver, especially if you need instant cash.
Secondly, you get to be apart of an exclusive rewards points system which earns you 1 treasure point for every retail purchase of BDT 50. Shop, dine and entertain using your credit card everyday and enjoy earning more points. You can redeem your points for gifts from the rewards catalogue once you reach 2,000 points (equal to BDT 500). With your Bank Asia Visa Classic you can earn anywhere up to 50,000 points (equal to BDT 20,000).
Another advantage of owning this credit card is its low-income requirement. Any Bangladesh national earning at least BDT 10,000 (for salaried) and BDT 20,000 (self-employed) monthly can avail this. You can also enjoy an interest-free period of a maximum of 45 days.
Bank Asia Credit Card Application Requirements
Any salaried employee, self-employed person, or landowner aged 21 to 70 can apply for a Bank Asia credit card. That said, you will need to show proof of income and proof of identity.
Unfortunately, Bank Asia doesn’t accept applications online. You must fill out the application form manually and submit it to your nearest branch, together with the required supporting documents declared on the Bank Asia website.
These may include: Proof of ID, proof of residency and proof of income in the form of a bank statement, pay-slips and employment certificate.
Once approved, the bank will determine your monthly credit limit based on your financial standing. This may be anywhere between BDT 15,000 to BDT 99,000.
Bank Asia Credit Card Fees
The fees you need to pay vary depending on the credit card you are applying for. In the case of the Bank Asia Visa Classic Local, the fees are as follows:
- Interest Rate: 30% per year or 2.5% a month
- Annual Fee: BDT 750 – This is low compared to other banks
- Supplemental Cardholders: BDT 750 yearly
Visa Classic Local
A Bank Asia Credit Card, particularly the Bank Asia Visa Classic Local, will fit you best if you are a first-time cardholder and a young professional. Its versatility coupled with affordable fees will allow you to experience the joy of cashless offline and online shopping as well as rewards.
