City Bank and American Express has launched The City Alo American Express Credit Card designed especially for female business executives.
The contactless credit card offers customers a one-tap payment facility of up to Tk 3,000.
Hossain Khaled, vice chairman of City Bank, unveiled the product at a press meet at The City Alo Flagship Branch on Gulshan Avenue in Dhaka on Sunday. City Alo is City Bank’s dedicated banking division for women.
The card also comes with a chance to save Tk 1,000 at on-demand household service provider www.sheba.xyz or beauty parlour Persona and one night’s stay at Green View Golf Resort.
Cardholders will get a range of medical and health benefits including annual health insurance coverage of Tk 20,000 per year on in-patient services, Tk 5,000 on outpatient services and up to 35 percent in savings at United Hospital, Labaid Cardiac Hospital and Labaid Specialised Hospital.
Customers will have access to City Bank American Express Lounge at Hazrat Shahjalal International Airport in Dhaka for up to five times a year.
The credit card also offers 33 percent savings on dining, lodging and shopping with various merchants across Bangladesh and on “American Express Selects” across the world.
“City Bank has always considered women empowerment as a core part of its social responsibility. I am hopeful that with the City Alo American Express Credit Card, women in Bangladesh will find a comprehensive financial solution that is fast, secure and convenient,” Hossain Khaled, vice chairman of City Bank.
Kurush Dastoor, director of global network services for South Asia at American Express, said, “We are delighted to launch the City Alo American Express Credit Card which caters to a very important segment - the successful and emerging women of Bangladesh.”
“The card offers a rich suite of benefits, perfectly complementing the needs and lifestyle of today’s women,” added Dastoor.
The bank’s directors Tabassum Kaiser and Rafiqul Islam Khan were present.