The City Bank American Express Prepaid Card

Managing daily expenses has never been easier! The City Bank American Express Prepaid Card is designed to simplify your financial transactions, whether for personal use or business-related expenses. With instant issuance, dual currency support, and seamless usability across multiple platforms, this card offers flexibility and convenience. Plus, enjoy 1% cashback on all eligible transactions without the need for a bank account.

City Bank Amex Prepaid Card Key Benefits:

Hassle-Free Issuance: Obtain your card instantly from any City Bank branch across Bangladesh with a nominal issuance fee of BDT 500.

Universal Usability: Make payments and withdraw cash at any POS, e-commerce platform, or ATM that accepts American Express.

Dual Currency Advantage: Use the card for both local and foreign currency transactions with ease.

Convenient Fund Reloading: Easily reload your card whenever needed to keep your spending uninterrupted.

Instant Transaction Alerts: Get real-time SMS notifications for every transaction.

Exclusive Cashback Reward: Earn 1% cashback on all eligible local POS and e-commerce transactions (maximum BDT 500 per month).

Enjoy Discounts & Savings: Benefit from attractive offers at a wide range of merchants through the American Express SELECTS® program.

Seamless Balance Transfers: Transfer your balance effortlessly via SMS.

Corporate Solutions Available: Tailored solutions for businesses—contact your City Bank Relationship Manager for details.

City Bank Amex Prepaid Card Cashback Details

# 1% Cashback on all local POS and e-commerce transactions.

# Maximum cashback cap: BDT 500 per month.

# Cashback will be credited directly to the card at the end of the month.

Disadvantage of City Bank Amex Prepaid Card

One of the key limitations of this prepaid card is that the local and foreign currency balances are separate, meaning there is no dynamic currency conversion or global spending limit. If you wish to make a foreign currency transaction, you must call the City Bank call center each time to adjust the foreign transaction limit manually.

Additionally, balance reload options are limited. Currently, funds can only be reloaded at City Bank branches and sub-branches. Even though City Bank offers various digital banking services, such as Citytouch Internet Banking, there is no option to transfer funds from a City Bank account or credit card to the prepaid card.

Deposits from other banks can only be made via BEFTN (Bangladesh Electronic Funds Transfer Network). Furthermore, City Bank CRM machines do not support direct deposit into the prepaid card, as confirmed by a City Bank call center representative.

Eligibility Criteria for City Bank Amex Prepaid Card 

Must be a Bangladeshi national.

Minimum 18 years of age.

Transaction Limits of City Bank Amex Prepaid Card 

Daily transaction limits include a maximum card limit of BDT 100,000. For POS and e-commerce transactions, you can make up to 10 transactions per day, with a maximum spending limit of BDT 50,000. Monthly, you can conduct up to 40 transactions, with a maximum limit of BDT 100,000.

For ATM withdrawals, you can make 10 transactions per day with a total withdrawal limit of BDT 50,000. The maximum amount per single ATM withdrawal is BDT 20,000. Monthly, you can withdraw up to BDT 100,000 across 40 transactions.

The load/reload limit is BDT 50,000 per day and BDT 100,000 per month, with a maximum of 5 reloads per month.

Note: Reloading must comply with the set transaction limits.

Fees & Charges of City Bank Amex Prepaid Card

The one-time issuance fee for the card is BDT 500. There are no charges for loading or reloading funds onto the card. A 2.5% mark-up fee applies to foreign currency transactions. If your card is lost, stolen, or damaged, a replacement fee of BDT 500 will be charged.

Cash withdrawals from City Bank ATMs are free of charge, while withdrawals from other ATMs will be subject to existing policies. For international cash withdrawals, a fee of $4 or 2.5% (whichever is higher) applies.

A statement retrieval fee of BDT 100 per month is applicable for e-statements. The annual SMS notification fee is BDT 200.

Note: 15% VAT applicable on all charges.

Required Documents for Application :

Completed application form

Valid National ID copy

Two recent passport-sized photographs

Valid passport for foreign currency endorsement (if applicable)

Completed KYC form (as per regulations)

Get Your City Bank American Express Prepaid Card Today! Take control of your finances with the convenience, security, and rewards of the City Bank American Express Prepaid Card. Visit your nearest City Bank branch today and experience effortless transactions with added benefits!

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.