Terms and conditions
  • The validity of the newly earned reward points for Credit Cards will be 12 months from the bill statement in which the newly earned reward points are reflected.
    The validity of the newly earned reward points for Debit Cards will be 12 months from the transaction posting date.

  • With this Redeem with Reward (RwR) program, cardholder will be able to redeem earned credit/debit card reward points against "annual fee" or “retail transaction” made with the card within last 60 days.
    • For credit card POS, E-commerce & QR Transactions are eligible for redemption
    • For debit card only POS and E-commerce transactions are eligible for redemption

  • The redemption value of 1 reward point will be BDT 0.30.

  • Reward point assignment:
    • Classic/Silver, Gold Flexi, Gold, Platinum Flexi, Millennial, Platinum, World and TARA World credit cardholders will earn 1 reward point for every BDT 80 spent on purchases (POS, E-commerce & QR transactions except bKash QR transactions).
    • Infinite and Signature credit cardholders will earn 2 reward points for every BDT 80 spent on purchases (POS, E-commerce & QR transactions except bKash QR transactions).
    • TARA Platinum and TARA World credit cardholders will earn double reward points for purchases made on every Tuesday.
    • All debit cardholders will earn 1 reward point for every BDT 100/ USD 1 spent on purchases. (POS & E-commerce transactions only)

  • Reward points redemption can be made instantly with BRAC Bank Astha. Reward points can also be redeemed by calling at 16221; which will require 2-3 working days to be processed.

  • Reward points are also earned on transactions done with supplementary credit cards (if any) but only primary credit cardholder can redeem reward points.

  • For a transaction to be redeemable, the transaction value must be less than or equal to the available reward redemption value.

  • Only posted transactions will be considered for redemption.

  • Computation of reward points as may be done by Bank under the program shall be final, conclusive and binding on the cardholder and shall not be liable to any dispute.

  • Redemption of the reward point is voluntary.

  • Cardholder will not be eligible for "Redeem with Reward (RwR)" facility if the card is in Block status or account is in closed /dormant status.

  • For RFCD and ERQ USD billing credit cards, redeemable transaction(s) will be multiplied with USD-BDT conversion rate (Cash Notes Bank’s Selling Rate for that particular date). Then 1 Point= BDT 0.30 wise redemption process will be completed. For example: A cardholder wants to redeem reward points for a transaction of amount USD 10. Let us consider USD-BDT Cash Notes Bank’s selling rate for that particular date is USD 1 = BDT 105. Then that USD 10 transaction will be converted into BDT (10 X 105) = BDT 1050 and 3,500 Reward Points (1 Point= BDT 0.30) will be required to redeem this USD 10 transaction. Reward points of RFCD and ERQ credit cards can be redeemed only by calling at 16221.

  • Bank reserves the right, at any time and without prior notice to the cardholder, to add, alter, modify, change or vary all or in part, or withdraw altogether the reward program.

  • Bank reserves the right to nullify the reward points earned by the cardholder in case of Bank induced closure of the Card Account or the termination/cancellation of the card or the termination/cancellation of the reward program.

  • Cardholders will NOT be eligible to earn reward points for below mentioned transactions:
    • Cash Withdrawal
    • Card Cheque
    • bKash QR Payment
    • QR Payment (for debit card only)
    • EMI Facilities
    • Money Transfer
    • Mobile Wallet Transfer/Top-up e.g., bKash, Rocket, U-Cash, etc.
    • Fuel Stations (service stations with or without ancillary services)
    • Direct Marketing Insurance Sales, Underwriting & Premiums
    • Transactions at Merchants such as Financial Institutions - Merchandise and Services, Non-Financial Institutions Foreign Currency/Money Orders & Travelers Cheque etc.
    • Any kind of Fees/Charges & VAT that may be applicable on the Card and levied by the Bank from time to time

  • Cardholders will NOT be eligible to redeem reward points for below mentioned transactions:
    • Cash Withdrawal
    • Card Cheque
    • EMI Facilities
    • QR Payment (for debit card only)
    • Any kind of Fees/Charges & VAT that may be applicable on the Card and levied by the Bank from time to time.(Except Annual Fee)
* Effective from 1 June'20