Mastercard, Brac Bank launch ‘Mastercard Tara World’

Mastercard and Brac Bank yesterday launched a "Mastercard Tara World" credit card in Bangladesh. 

Designed exclusively for women, the card offers benefits such as cashback, welcome vouchers, 50 per cent waiver on the annual fee for the first year, and bonus reward points on transactions, said a press release. The cardholders can avail discounts at beauty salons, jewellery shops, e-commerce portals, groceries and clothing shops.

The offers includes complimentary access to Balaka Lounge, seven complimentary visits including companion at Priority Pass Lounges, and up to two free supplementary cards.

"…women…are constantly paving their way in their personal and professional careers in Bangladesh," said Selim RF Hussain, managing director and CEO of Brac Bank.

"As a member of the Financial Alliance for Women, Brac Bank promotes independence, self-reliance, and most importantly, the confidence a woman needs to step up and meet the next challenge," he said.

"Mastercard is committed to reshaping the way our world is designed, coded, and constructed. With its programmess and partnerships, Mastercard supports initiatives to unlock powerful ideas that open the world's possibilities to women," said Syed Mohammad Kamal, country manager of Mastercard.

"By catering to women's needs at all stages of their lives Mastercard aims to become the preferred card in the market for its customers," he said