Eastern Bank launches Visa SME credit card

Eastern Bank PLC (EBL), in collaboration with global digital payment solutions provider Visa, has launched the “EBL Visa SME Credit Card”, a dedicated credit solution designed exclusively for sole proprietorship business loan customers.

The dual-currency Visa credit card, secured with an EMV chip, is aimed at supporting business-related payments with greater flexibility and convenience.

M Khorshed Anowar, deputy managing director and head of retail and SME banking at Eastern Bank PLC, and Sabbir Ahmed, country manager for Bangladesh, Nepal and Bhutan at Visa, inaugurated the card at the bank’s head office in Gulshan, Dhaka recently, according to a press release.

Key benefits of the card include an issuance fee waiver and an annual fee waiver subject to completing 24 transactions. Cardholders are also entitled to spend up to $3,000 annually for bona fide international expenses.

The card offers complimentary access to Skylounge for travellers, along with four global lounge visits per calendar year through Priority Pass.

Additionally, cardholders can enjoy EMI facilities through EBL ZIP at partner electronics and furniture merchants.

Tasnim Hussain, head of cards at the bank, and Ashish Chakraborty, director for South Asia at Visa, among others, were also present.