BRAC Bank has always been a pioneer in modern banking services in Bangladesh. Among its wide range of offerings, its debit card services stand out for providing ease, convenience, and international-grade benefits to everyday users. Let’s explore the versatile features of BRAC Bank’s Multi-Currency Debit Card, along with its Reward Points Program and smart Redemption Policy.
Multi-Currency Debit Card | One Card, Global Access
BRAC Bank’s Multi-Currency Debit Card allows seamless transactions both locally and internationally using your own account balance. It’s not a credit card—but a smarter way to spend globally with your own money.
Key Features:
1. Make transactions in multiple currencies
2. 24/7 cash withdrawal from any Visa ATM worldwide
3. International shopping and dining payments (POS & E-commerce)
4. Pay for global subscription services from Bangladesh
5. Earn reward points on every eligible transaction
6. Enjoy attractive discounts at 100+ partner merchants
7. All features accessible via Astha App, including QR payments
Reward Points Program | Earn As You Spend
Use your BRAC Bank debit card for eligible purchases and earn reward points. These points can be redeemed for fee waivers or recent retail transactions and also waiver card renewal fee.
Earn Reward Points | Simple & Transparent
Earn 1 point for every BDT 100 or USD 1 spent only form POS and E-commerce transactions and point redemption rate is 1 Point = BDT 0.30. Required Reward Points for Annual Fee Waiver of BRAC Bank Debit Cards
BRAC Bank offers a convenient option for its debit cardholders to waive their annual fees by redeeming accumulated reward points. Customers can enjoy either a full (100%) or partial (50%) waiver depending on the number of points they have.
For debit cards with an annual fee of BDT 600 or BDT 550, a 100% waiver requires 1,000 reward points, while a 50% waiver requires 500 points.
Debit cards with an annual fee of BDT 500, BDT 450, or BDT 400 require 800 reward points for a full waiver and 400 points for a half waiver.
For cards with a BDT 300 annual fee, users can redeem 600 points for a full waiver or 300 points for a 50% waiver.
The lowest annual fee category, BDT 200, can be waived entirely with 500 reward points or partially with 250 points.
This reward point redemption service is instantly accessible through the BRAC Bank Astha App. Alternatively, cardholders can call 16221 to request redemption, which typically takes 2–3 working days to process.
Please note that all newly earned reward points remain valid for 12 months from the date of posting. Therefore, timely redemption is recommended to maximize benefits.
Limitations of BRAC Bank Debit Card
While BRAC Bank’s Multi-Currency Debit Card offers a range of modern and convenient features, there are a few limitations that users should consider before relying solely on this card for their financial transactions.
Firstly, BRAC Bank has a limited number of ATMs across the country. As a result, customers often need to withdraw cash from other banks’ ATMs, which incurs additional charges with every transaction. This can become inconvenient and costly, especially for frequent users.
Secondly, although the card is branded as a multi-currency debit card, BRAC Bank currently allows foreign currency endorsement only for the ongoing year and the immediate following year. This means customers must visit the bank to re-endorse their passport for USD endorsement either annually or every two years. For many users, this process is repetitive and inconvenient. It poses an even greater challenge for those who plan to travel or stay abroad for a longer term, as the limitation requires in-person visits and periodic renewals that may not be feasible from overseas.
Eligibility and Application Process for BRAC Bank Debit Card
Customers who maintain a Savings or Current Account with BRAC Bank are eligible to apply for this debit card. New account holders are automatically issued the debit card, which is delivered to their registered mailing address via courier shortly after account activation.
For existing customers who have not yet received the card, there is an option to apply for it by visiting the nearest BRAC Bank branch or sub-branch. The application process is straightforward, and the bank facilitates the issuance of the card upon request.
This makes the card easily accessible for both new and existing customers, ensuring that eligible users can enjoy the benefits of BRAC Bank’s modern debit card services.
For more information, please call BRAC Bank's 24/7 Contact Center at 16221, or reach their toll-free number at 08000016221.
Disclaimer: The mentioned charges, fees, service types, and terms & conditions are subject to change, modification, or addition by the respective bank/financial institution at any time. We hold no responsibility for such changes. For the latest information, please contact the respective bank’s call center.