The benefits common to LankaBangla Mastercard credit cards are:
- Cards with remote payment technology
- Limits between BDT 20,000 up to 10,00,000
- LankaBangla Rewards Programs
- Protection against theft and fraud
- Concierge service and free access to lounges and VIP lounges at airports worldwide
Why did we recommend you LankaBangla Mastercard credit cards?
LankaBangla is a banking institution based in Dhaka, Bangladesh. Founded in 2003, the bank has had positive and exponential growth in recent years. One of the reasons for this growth is the offer of credit products for different social classes, making access to credit democratic and universal.
The LankaBangla and Mastercard line of credit cards has three cards available for application. Let’s talk a little about them:
Classic Mastercard LankaBangla credit card
Classic-type credit cards are what we call entry cards. They are intended for profiles of moderate consumption, who have a credit history with little movement or with small restrictions.
Classic Mastercard LankaBangla is offered with a credit limit ranging from BDT 20,000 to 59,999, which allows you to make purchases in installments in national currency.
It participates in the LankaBangla and Mastercard reward programs, but its benefits are limited precisely because it is an entry-level credit card.
LankaBangla Gold Mastercard credit card
Gold credit cards are aimed at customers who have intermediate purchasing power, credit history with few interferences, and no active restrictions.
The Gold Mastercard LankaBangla offers a higher credit limit than Classic, ranging from BDT 60,000 to 1,49,999, only for transactions in national currencies.
These are cards with contactless payment technology and an encoded chip, providing customers with security for their transactions.
The benefits of LankaBangla Mastercard Gold are a little more comprehensive than Classic, although very similar. This means that the Gold Mastercard LankaBangla scores much higher than Classic, covers better airport accommodations and applicable fees are much lower.
Titanium Mastercard LankaBangla credit card
The last card offered in partnership between LankaBangla and Mastercard is the Titanium Mastercard LankaBangla credit card. We consider this card to be part of the same family as black or platinum cards or the equivalent of the most exclusive card offered by the banking institution.
This means that the profiles that will have access to this card are people with medium-high purchasing power, with high monthly consumption.
It offers a credit limit of BDT 1,50,000 to 10,00,000 for transactions in national currency, allows you to make purchases in installments, and has the most comprehensive list of benefits.
In this case, the card fees are not so low, but many times the benefits offered are equivalent to the amounts paid as fees.
Author’s opinion
LankaBangla is a bank considered young in comparison to other banking institutions, and in this footprint, it has offered products that match the lifestyle of the new generations.
It is a bank with digital access, where you can control all your transactions through the bank app, and offers good practices against fraud and theft.
The fact that the bank is young can influence the fees applicable to the use of credit cards, as market stability facilitates the reduction of fees.
A tip for your pocket
Knowing your consumption style is essential for choosing a credit card that meets your needs and gives you the best conditions.
Even if you have a good credit history, if your consumption style is not high, it makes no sense to opt for a titanium-type card, which has higher rates applied, just because your history allows it, right?
The application processes for LankaBangla Mastercard credit cards are similar and can be done entirely online.
We separate for you the most relevant information of this process to facilitate your choice.
Discover this step-by-step by clicking the button below: