The first ever Titanium card for Bangladeshi youths
Mastercard and Brac Bank on Sunday announced the launch of the Mastercard Millennial Titanium Credit Card, catering exclusively to the lifestyle and aspiration of millennials and young working professionals in Bangladesh.
Through this card, Mastercard and Brac Bank will offer unique, personalized solutions that meet the needs of millennials, as the digital-first generation hits its prime spending years, said a press release.
The card’s welcome pack offers unparalleled rewards and benefits including cashback, vouchers, and discount on e-commerce portals, clothing shops, beauty salons and online bookstores.
Other benefits include bonus reward points on grocery and online transactions, BOGO (Buy-One-Get-One) hotel stays, dining and lifestyle offers at more than 5,500 partner outlets in Bangladesh, two complimentary visits to airport lounges per year, and 500 bonus points on the endorsement of a minimum $5,000 on travel.
In addition, the card will allow millennials to make a retail purchase at a 0% interest rate.
The Mastercard Millennial Titanium Credit Card also comes with year-round offers including chance to earn 1,000 reward points monthly on a minimum cumulative spend of Tk5,000 at Gloria Jeans, North End Coffee, Crimson Cup, Coopers, Domino’s Pizza, and double bonus reward points on a monthly spend on selective weekend grocery transactions and up to 15% cashback on selective online food delivery apps.
“We believe, it is high time to engage the youth, the prime promoter of digital lifestyle, with the economy and empower them so that they can realize their full potential," said Selim RF Hussain, managing director and CEO of Brac Bank.
With continuously evolving aspirations, this generation of mobile-first digital natives provides a tremendous opportunity to drive a less-cash economy. As a technology company in the payments industry, Mastercard combines safety and security with seamless user experiences that are highly valued by millennials, said Syed Mohammad Kamal, country manager, Bangladesh, Mastercard.