Schedule of Charges for Credit Cards
Effective from May 01, 2020
Dual Currency Credit Card Corporate International Credit Card
Infinite Signature Platinum TARA Platinum Gold Classic Corporate Platinum RFCD Signature ERQ Platinum
Annual Fee-Primary Card TK. 25,000 TK. 10,000 TK. 5,000 TK. 3,500^2 TK. 3,000 TK. 1,500 TK. 2,500 US$ 100 US$ 60
Annual Fee-Supplementary Card TK. 25,000 from 5th onwards TK. 5,000 from 3rd onwards TK. 2,500 from 2nd onwards TK. 1,750 from 2nd onwards TK. 1,500 from 2nd onwards TK. 750 from 2nd onwards - US$ 50 from 2nd onwards -
No. of Free Supplementary Card 4 2 1 1 1 1 N/A 1 N/A
Card Replacement Fee Free TK. 800 TK. 700 TK. 700 TK. 500 TK. 500 TK. 700 US$ 10 US$ 10
PIN Replacement Fee Free TK. 500 TK. 500 TK. 500 TK. 300 TK. 300 TK. 500 US$ 5 US$ 5
Annual Interest Rate 27% 27% 27% 27% 27% 27% 27% 27% 27%
Cash Advance Fee 3% or TK. 500 whichever is higher 2.5% or TK. 150 whichever is higher 2.5% or TK. 150 whichever is higher 2.5% or TK. 150 whichever is higher 2.5% or TK. 150 whichever is higher 2.5% or TK. 150 whichever is higher 2.5% or TK. 150 whichever is higher 3% or US$ 5 whichever is higher 3% or US$ 5 whichever is higher
Late Payment Charges (if minimum due is not paid within due date) Free TK. 1,000 TK. 600 TK. 600 TK. 600 TK. 500 TK. 600 US$ 15 US$ 15
Over Limit Charges Free TK. 1,000 TK. 800 TK. 800 TK. 800 TK. 500 TK. 800 US$ 15 US$ 15
Return Cheque Charges (For payment) Free TK. 500 TK. 500 TK. 500 TK. 500 TK. 500 TK. 500 US$ 5 US$ 5
Copy of Sales Voucher Free TK. 300 TK. 300 TK. 300 TK. 300 TK. 300 TK. 300 US$ 10 US$ 10
Duplicate Statement Free TK. 100 per month (last 2 months) TK. 100 per month (last 2 months) TK. 100 per month (last 2 months) TK. 100 per month (last 2 months) TK. 100 per month (last 2 months) TK. 100 per month (last 2 months) US$ 2 US$ 2
Free TK. 200 per month (beyond last 2 months) TK. 200 per month (beyond last 2 months) TK. 200 per month (beyond last 2 months) TK. 200 per month (beyond last 2 months) TK. 200 per month (beyond last 2 months) TK. 200 per month (beyond last 2 months) US$ 2 US$ 2
Certificate Issuance Fee Free TK. 300 TK. 300 TK. 300 TK. 300 TK. 300 TK. 300 US$ 3 US$ 3
Balance Transfer Processing Fee (Only TK.) 3% or TK. 200 whichever is higher 2% or TK. 150 whichever is higher 2% or TK. 150 whichever is higher 2% or TK. 150 whichever is higher 2% or TK. 150 whichever is higher 2% or TK. 150 whichever is higher 2% or TK. 150 whichever is higher 2% or US$ 2 whichever is higher 2% or US$ 2 whichever is higher
e-statement Free Free Free Free Free Free Free Free Free
Printed Statement (Only for e-statement subscribers) Free TK. 50 for each statement TK. 50 for each statement TK. 50 for each statement TK. 50 for each statement TK. 50 for each statement TK. 50 for each statement US$ 2 US$ 2
CIB Fee TK. 100 TK. 100 TK. 100 TK. 100 TK. 100 TK. 100 TK. 100 US$ 2 US$ 2
Push-Pull SMS Service Free Free Free Free Free Free Free Free Free
Transaction Alert Servic Free TK. 180 (per card) TK. 180 (per card) TK. 180 (per card) TK. 180 (per card) TK. 180 (per card) TK. 180 (per card) US$ 2 (per card) US$ 2 (per card)
1st Card Cheque Book Fee (10 leaves) Free Free Free Free Free Free Free - -
2nd Card Cheque Book and onwards (10 leaves) Free TK. 200 TK. 200 TK. 200 TK. 200 TK. 200 TK. 200 - -
Card Cheque Processing Fee 3% or TK. 500 whichever is higher 2% or TK. 100 whichever is higher 2% or TK. 100 whichever is higher 2% or TK. 100 whichever is higher 2% or TK. 100 whichever is higher 2% or TK. 100 whichever is higher 2% or TK. 100 whichever is higher - -
Secured Card Pre-closure Fee (If card closed before 1st anniversary date) Free TK. 500 TK. 500 TK. 500 TK. 500 TK. 500 TK. 500 US$ 5 US$ 5
Early Settlement Fee (Applicable for [email protected] & Super Loan) 3% of remaining balance 2% of remaining balance 2% of remaining balance 2% of remaining balance 2% of remaining balance 2% of remaining balance 2% of remaining balance 2% of remaining balance 2% of remaining balance
Super Loan Processing Fee 3% of loan amount 2% of loan amount 2% of loan amount 2% of loan amount 2% of loan amount 2% of loan amount 2% of loan amount - -
Complimentary no. of visits at Balaka Lounge^4 Unlimited Unlimited Unlimited Unlimited N/A N/A Unlimited Unlimited Unlimited
Priority Pass Membership Card Replacement Fee Free TK. 500 TK. 500 TK. 500 - - TK. 500 US$ 5 US$ 5
Priority Pass Lounge Visit Fee US$ 27 (per visit per cardholder) US$ 27 (per visit per cardholder) US$ 27 (per visit per cardholder) US$ 27 (per visit per cardholder) - - US$ 27 (per visit per cardholder) US$ 27 (per visit per cardholder) US$ 27 (per visit per cardholder)
Complimentary no. of visits at Priority Pass Lounge^5 10 7 N/A N/A - - N/A 7 N/A
Higher Credit Limit Maintenance Fee^22 Free TK. 1, 000 TK. 1, 000 TK. 1, 000 TK. 1, 000 TK. 1, 000 TK. 1, 000 US$12 US$12
SI Execution Fail Fee (Due to I/F) Free TK. 100 TK. 100 TK. 100 TK. 100 TK. 100 TK. 100 US$ 2 US$ 2
Note:
  1. 15% VAT will be charged as applicable.

  2. TARA Platinum Credit Card Annual Fee of TK. 870+VAT will be applicable for the campaign period from July 2019 till June 2020. An annual fee of Tk. 870+VAT will be charged for second supplementary card and onwards. For the campaign period the TARA Platinum Credit Card Annual Fee waiver is applicable with 1,500 Reward Points per Card.

  3. For Gold and Classic Credit cards, annual fee will be automatically waived from the second year onwards if minimum 18 transactions of BDT 1,000 or above are made over the year (including minimum 10 POS and/or e-commerce transactions). 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.

  4. Balaka Lounge Access:
    Infinite, Signature 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, ERQ Platinum and Corporate Platinum credit cardholders will have complimentary access to Balaka Lounge at Hazrat Shahjalal International Airport, Dhaka throughout the year.

  5. Priority Pass Lounges:
    Infinite credit cardholders will have total 10 complimentary accesses to Priority Pass Lounges for Primary cardholder + 3 companions (per visit) in a year. $27 per visit per person will be applicable after the 10th visit.
    For Signature and RFCD Signature credit cardholders will have yearly a total of 7 complimentary visits including companion. $27 per visit per person will be applicable after 7 visits.
    For Platinum, ERQ Platinum and Corporate Platinum credit cardholder and any accompanying guests will be charged US$ 27 per visit per person.

  6. 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.

  7. 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$.

  8. Charges for any customized service (available on request) are not included in this schedule. Thus additional charges may be imposed as required.

  9. Automatic enrollment will be made for Credit Shield, Push Pull SMS and Transaction Alert Service.

  10. 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.

  11. Any special promotional offers will be governed by those offers’ pricing guideline, which may be different from the above mentioned charges.

  12. The fees and charges are subject to change as per Bank policy / regulatory guideline.

  13. If closure request is placed within 30 days to the card renewal date then annual fee will be applicable.

  14. TK. 2,500 will be charged for video record checking at other bank ATMs upon cardholder’s request for any dispute.

  15. Card Department will determine the credit card type based on the credit limit assigned by Credit Department.

  16. Any fee imposed by other bank will be realized from the card account.

  17. Any change in the schedule of charges will be communicated through BRAC Bank website (www.bracbank.com).

  18. With BRAC Bank Credit Card EMI facility, you can purchase your desired products from any retail outlet in Bangladesh. The minimum purchase amount to avail BRAC Bank Credit Card EMI facility is TK. 10,000 and you can pay back with easy installment at 14.99% interest rate only. Installment tenure varies from 3 to 36 months.

  19. Interest rate for Super Loan facility is 9.90% (Flat Interest Rate) per month.

  20. For Credit Cards issued under corporate or payroll agreements, the issuance/annual/renewal fee and all other fees and charges will be determined based on the agreed terms and conditions stated in each agreement.

  21. Bank reserves the right to waive any charges (up to 0%) at its discretion.

  22. 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.

  23. 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.

  24. Payment for RFCD Signature and ERQ Platinum Credit Card must be made in US$.