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Schedule of Charges for Credit Cards
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Dual Currency Credit Card
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Corporate
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International Credit Card
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Infinite
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Signature
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Platinum
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Gold
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Classic
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Millennial Titanium
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TARA World
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TARA Platinum
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Corporate Platinum
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RFCD Signature
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ERQ Platinum
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Annual Fee-Primary Card
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TK. 15,000
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TK. 10,000
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TK. 5,000
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TK. 3,000
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TK. 1,500
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TK. 3,000
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TK. 5,000
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TK. 2,500
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TK. 2,500
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US$ 100
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US$ 60
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No. of Free Supplementary Card(s)
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-
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2
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1
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1
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1
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1
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2
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1
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N/A
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1
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N/A
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Annual Fee-Supplementary Card
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Free
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TK. 5,000 from 3rd and onwards
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TK. 2,500 from 2nd onwards
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TK. 1,500 from 2nd onwards
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TK. 750 from 2nd onwards
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1,500 from 2nd onwards
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2,500 from 3rd onwards
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TK. 1,250 from 2nd onwards
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-
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US$ 50 from 2nd onwards
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-
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Monthly Interest Rate17
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2%
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2%
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2%
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2%
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2%
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2%
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2%
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2%
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2%
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2%
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2%
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CIB Fee
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TK. 100
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TK. 100
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TK. 100
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TK. 100
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TK. 100
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TK. 100
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TK. 100
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TK. 100
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TK. 100
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US$ 2
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US$ 2
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Transaction Alert Service
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Free
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TK. 200 (per card)
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TK. 200 (per card)
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TK. 200 (per card)
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TK. 200 (per card)
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TK. 200 (per card)
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TK. 200 (per card)
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TK. 200 (per card)
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TK. 200 (per card)
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US$ 2 (per card)
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US$ 2 (per card)
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Late Payment Charges (if minimum due is not paid within due date)
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TK. 1,000
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TK. 1,000
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TK. 600
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TK. 600
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TK. 500
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TK. 600
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TK. 1,000
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TK. 600
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TK. 600
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US$ 15
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US$ 15
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Over Limit Charges
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TK. 1,000
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TK. 1,000
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TK. 1,000
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TK. 1,000
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TK. 750
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TK. 1,000
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TK. 1,000
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TK. 1,000
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TK. 1,000
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US$ 15
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US$ 15
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Card Replacement Fee
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Free
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TK. 800
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TK. 700
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TK. 500
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TK. 500
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TK. 700
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TK. 800
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TK. 700
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TK. 700
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US$ 10
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US$ 10
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Cash Advance Fee (off-us)23
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3% or TK. 200 whichever is higher
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3% or TK. 200 whichever is higher
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3% or TK. 200 whichever is higher
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3% or TK. 200 whichever is higher
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3% or TK. 200 whichever is higher
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3% or TK. 200 whichever is higher
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3% or TK. 200 whichever is higher
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3% or TK. 200 whichever is higher
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3% or TK. 200 whichever is higher
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3% or US$ 5 whichever is higher
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3% or US$ 5 whichever is higher
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Card Cheque Processing Fee
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3% of transaction amount or Tk. 200 whichever is higher
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3% of transaction amount or Tk. 200 whichever is higher
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3% of transaction amount or Tk. 200 whichever is higher
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3% of transaction amount or Tk. 200 whichever is higher
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3% of transaction amount or Tk. 200 whichever is higher
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3% of transaction amount or Tk. 200 whichever is higher
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3% of transaction amount or Tk. 200 whichever is higher
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3% of transaction amount or Tk. 200 whichever is higher
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3% of transaction amount or Tk. 200 whichever is higher
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-
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-
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2nd Card Cheque Book and onwards (10 leaves)
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Free
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TK. 200
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TK. 200
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TK. 200
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TK. 200
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TK. 200
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TK. 200
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TK. 200
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TK. 200
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-
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-
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Balance Transfer Processing Fee
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3% or TK. 200 whichever is higher
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2% or TK. 150 whichever is higher
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2% or TK. 150 whichever is higher
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2% or TK. 150 whichever is higher
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2% or TK. 150 whichever is higher
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2% or TK. 150 whichever is higher
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2% or TK. 150 whichever is higher
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2% or TK. 150 whichever is higher
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2% or TK. 150 whichever is higher
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2% or US$ 2 whichever is higher
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2% or US$ 2 whichever is higher
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Plastic Renewal Fee
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Free
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TK. 500
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TK. 500
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TK. 500
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TK. 500
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TK. 500
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TK. 500
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TK. 500
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TK. 500
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US$ 5
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US$ 5
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Higher Credit Limit Maintenance Fee19
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-
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TK. 1,000
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TK. 1,000
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TK. 1,000
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TK. 1,000
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-
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-
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TK. 1,000
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TK. 1,000
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US$12
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US$12
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Limit Enhancement Fee
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-
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TK. 200
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TK. 200
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TK. 200
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TK. 200
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TK. 200
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TK. 200
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TK. 200
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TK. 200
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US$ 2
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US$ 2
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Wallet Transfer through ASTHA
(Mobile App & Web Version)
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1% + 15% VAT
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1% + 15% VAT
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1% + 15% VAT
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1% + 15% VAT
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1% + 15% VAT
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1% + 15% VAT
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1% + 15% VAT
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1% + 15% VAT
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1%+ 15% VAT
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1% + 15% VAT
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1% + 15% VAT
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Wallet Transfer through Add Money (MFS & PSP)
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1% + 15% VAT
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1% + 15% VAT
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1% + 15% VAT
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1% + 15% VAT
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1% + 15% VAT
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1% + 15% VAT
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1% + 15% VAT
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1% + 15% VAT
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1%+ 15% VAT
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1% + 15% VAT
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1% + 15% VAT
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Return Cheque Charges (For payment)
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Free
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TK. 500
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TK. 500
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TK. 500
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TK. 500
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TK. 500
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TK. 500
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TK. 500
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TK. 500
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US$ 5
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US$ 5
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Early Settlement Fee (Applicable for P@yFlex)
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2% of remaining balance
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2% of remaining balance
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2% of remaining balance
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2% of remaining balance
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2% of remaining balance
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2% of remaining balance
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2% of remaining balance
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2% of remaining balance
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2% of remaining balance
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2% of remaining balance
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2% of remaining balance
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Printed Statement (Only for e-statement subscribers)
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Free
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TK. 50 for each statement
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TK. 50 for each statement
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TK. 50 for each statement
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TK. 50 for each statement
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TK. 50 for each statement
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TK. 50 for each statement
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TK. 50 for each statement
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TK. 50 for each statement
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US$ 2
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US$ 2
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Duplicate Statement
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Free
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TK. 100 per month (last 2 months)
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TK. 100 per month (last 2 months)
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TK. 100 per month (last 2 months)
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TK. 100 per month (last 2 months)
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TK. 100 per month (last 2 months)
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TK. 100 per month (last 2 months)
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TK. 100 per month (last 2 months)
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TK. 100 per month (last 2 months)
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US$ 2
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US$ 2
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Free
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TK. 200 per month (beyond last 2 months)
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TK. 200 per month (beyond last 2 months)
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TK. 200 per month (beyond last 2 months)
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TK. 200 per month (beyond last 2 months)
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TK. 200 per month (beyond last 2 months)
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TK. 200 per month (beyond last 2 months)
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TK. 200 per month (beyond last 2 months)
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TK. 200 per month (beyond last 2 months)
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US$ 2
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US$ 2
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Certificate Issuance Fee
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Free
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TK. 300
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TK. 300
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TK. 300
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TK. 300
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TK. 300
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TK. 300
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TK. 300
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TK. 300
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US$ 3
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US$ 3
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Copy of Sales Voucher
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Free
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TK. 300
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TK. 300
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TK. 300
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TK. 300
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TK. 300
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TK. 300
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TK. 300
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TK. 300
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US$ 10
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US$ 10
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Secured Card Pre-closure Fee (If card closed before 1st anniversary date)
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Free
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TK. 500
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TK. 500
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TK. 500
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TK. 500
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TK. 500
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TK. 500
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TK. 500
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TK. 500
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US$ 5
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US$ 5
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International lounge Membership Card Issuance Fee
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Free
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TK. 1,000
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TK. 1,000
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-
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-
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N/A
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TK. 1,000
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TK. 1,000
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TK. 1,000
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US$ 5
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US$ 5
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International Lounge Membership Card Replacement/ Renewal Fee (if applicable)
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Free
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TK. 500
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TK. 500
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-
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-
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N/A
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TK. 500
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TK. 500
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TK. 500
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US$ 5
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US$ 5
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International lounge Visit Fee
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US$ 27 (per visit per cardholder)
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US$ 27 (per visit per cardholder)
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US$ 27 (per visit per cardholder)
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-
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-
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US$ 27 (per visit per cardholder)
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US$ 27 (per visit per cardholder)
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US$ 27 (per visit per cardholder)
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US$ 27 (per visit per cardholder)
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US$ 27 (per visit per cardholder)
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US$ 27 (per visit per cardholder)
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Complimentary no. of visits at International Lounge4
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10
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7
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N/A
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-
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-
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2
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7
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N/A
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N/A
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7
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N/A
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Complimentary no. of visits at Balaka Lounge3
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Unlimited visits for cardholder plus any 3 companions per visit
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Unlimited visits for cardholder plus any 3 companions per visit
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Unlimited visits for cardholder only
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N/A
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N/A
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Unlimited visits for cardholder only
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Unlimited visits for cardholder plus any 3 companions per visit
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Unlimited visits for cardholder only
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Unlimited visits for cardholder only
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Unlimited visits for cardholder plus any 3 companions per visit
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Unlimited visits for cardholder only
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1st Card Cheque Book Fee (10 leaves)
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Free
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Free
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Free
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Free
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Free
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Free
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Free
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Free
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Free
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-
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-
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e-statement
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Free
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Free
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Free
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Free
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Free
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Free
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Free
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Free
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Free
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Free
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Free
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Push-Pull SMS Service
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Free
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Free
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Free
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Free
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Free
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Free
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Free
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Free
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Free
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Free
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Free
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Effective from March 04, 2023
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Note:
- 15% VAT will be charged as applicable.
- Annual Fee waiver:
For all cards, annual fee can be waived through required Reward Points redemption by calling our 24-hour Call Center at 16221 or +880 2 55668055-6.
- Balaka Lounge Access:
Infinite, Signature, TARA World and RFCD Signature Credit cardholders will have complimentary access of BASE Cardholder + 3 Companions (Per Visit) access to Balaka Lounge at Hazrat Shahjalal International Airport, Dhaka throughout the year.
Platinum, Millennial Titanium, ERQ Platinum and Corporate Platinum credit cardholders will have complimentary access to Balaka Lounge at Hazrat Shahjalal International Airport, Dhaka throughout the year.
- International Lounges:
Infinite credit cardholders will have total 10 complimentary accesses to International Lounges for Primary cardholder + 3 companions (per visit) in a year. $27 per visit per person will be applicable after the 10th visit.
Signature, TARA World and RFCD Signature credit cardholders will have yearly a total of 7 complimentary visits including companion. $27 per visit per person will be applicable after 7 visits.
Millennial Titanium credit cardholders will have yearly a total of 2 complimentary visits including companion. $27 per visit per person will be applicable after 2 visits.
For Platinum, ERQ Platinum and Corporate Platinum credit cardholder and any accompanying guests will be charged US$ 27 per visit per person.
- If you pay an amount less than the current balance of a specific month’s bill statement by the payment due date, interest will be accrued on the balance remaining after the Payment Due Date and will be posted in the next statement.
- All overseas transactions will be converted using VISA/Mastercard exchange rates. A foreign currency factor of 3% will be applied in case of overseas transactions when the transaction currency is non US$.
- Charges for any customized service (available on request) are not included in this schedule. Thus additional charges may be imposed as required.
- Automatic enrollment will be made for Credit Shield, Push Pull SMS and Transaction Alert Service.
- SMS notification will be given against all BRAC Bank Credit Card transactions and accordingly transaction alert fee for both Primary and Supplementary cards will be realized separately. Fees will be imposed once per year per Card.
- Any special promotional offers will be governed by those offers’ pricing guideline, which may be different from the above mentioned charges.
- The fees and charges are subject to change as per Bank policy / regulatory guideline.
- If closure request is placed within 30 days to the card renewal date then annual fee will be applicable.
- TK. 2,500 will be charged for video record checking at other bank ATMs upon cardholder’s request for any dispute.
- Card Department will determine the credit card type based on the credit limit assigned by Credit Department.
- Any fee imposed by other bank will be realized from the card account.
- Any change in the schedule of charges will be communicated through BRAC Bank website (www.bracbank.com).
- The interest rate for Doctor, TARA platinum and TARA World cardholders is 1.67% per month.
- For Credit Cards issued under corporate or employee banking agreements, the issuance/annual/renewal fee, all other fees, charges and interest rate will be determined based on the agreed terms and conditions stated in each agreement.
- Bank reserves the right to waive any charges (up to 0%) at its discretion.
- Classic Cardholders with Credit limit above TK. 100,000, Gold Cardholders with Credit limit above TK. 200,000 and Platinum Cardholders with Credit Limit above TK. 500,000 will be charged Higher Credit Limit Maintenance Fee Annually on Card Anniversary Month of amount TK. 1,000.
- Credit Shield Premium: Cardholders who have opted for this feature will be charged 0.35% of the credit card balance as of the statement date.
- Payment for RFCD Signature and ERQ Platinum Credit Card must be made in US$.
- Cardholder will not be eligible for “Redeem With Reward (RwR)” facility if the card is in Block Status.
- Cardholders are allowed to avail international cash advances up to maximum 25% of the credit limit subject to availability of adequate balance.
- As per regulatory directive, Government Excise fee will be realized annually on the from credit card account based on the highest end of day outstanding balance generated in previous year.
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Excise duty on credit Cards
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Credit Card Balance
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Excise Duty to be realized
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BDT 1 - BDT 100,000
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NIL
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BDT 100,001 - BDT 500,000
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BDT 150
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BDT 500,001 - BDT 10,00,000
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BDT 500
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BDT 10,00,001 - BDT 1,00,00,000
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BDT 3,000
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BDT 1,00,00,001 - BDT 5,00,00,000
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BDT 15,000
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BDT above 5,00,00,000
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BDT 50,000
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** Excise duty will be applicable for both debit or credit balances on an annual basis
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