Top Banks Offering Student Credit Cards in Bangladesh

DBBL NEXUS VISA CAMPUS CARD

The DBBL Campus Card is a revolutionary multicurrency prepaid card tailored exclusively for students. Offering unparalleled flexibility, this card allows students to make transactions through ATMs, POS terminals, and both local and international online platforms. However, for international usage, passport endorsement is mandatory before activation. Designed with students in mind, this card can be purchased by parents for their children or by students themselves.

Benefits of the DBBL Nexus VISA Campus Card

  • Target Customers: Primarily aimed at Students.
  • Target Segment: Available for all DBBL and Non-DBBL customers, subject to local regulations and banking practices. Applicants must be:
    • Resident Bangladeshi.
    • Aged 18 years and above.
  • BDT Limit: Minimum BDT 5,000/-
  • Currency: Multicurrency
  • FCY Limit: As per existing regulatory guidelines
  • Personalization: Mandatory for cards with FCY limit; otherwise, optional.
  • Passport Endorsement: Required only for cards with FCY requirements.
  • Reloadable: Yes
  • Reload Option: NexusPay/Cash/Cheque/Debit Instruction/ATM/IB, etc.
  • Expiry: 5 Years
  • Scheme: VISA
  • Interest: Not Applicable
  • Statement: E-Statements provided on a monthly basis.

DBBL Nexus Card Features:

  1. Non-personalized cards issued instantly upon submission of complete application and required documents.
  2. Personalized cards provided within a reasonable timeframe after submission.
  3. Accessible at all international network-affiliated ATMs and outlets.
  4. No endorsement fee.
  5. Transaction and email alerts available.
  6. Unused amounts can be reimbursed.
  7. No additional interest or charges.
  8. Replaceable if lost or damaged.

Documents Required:

  1. Filled Application Form.
  2. Valid Photo ID/National ID/Valid Passport Copy/Student ID.
  3. 1 Copy of recent colored Photograph.

Documents for FCY Endorsement:

  1. Available Total Quota Limit (where applicable).
  2. Copy of Passport with valid Visa (where applicable).
  3. Original Passport for endorsement (if available).

With its array of benefits and student-friendly features, the DBBL NEXUS VISA CAMPUS CARD is set to redefine how students manage their finances. Get yours today and experience the convenience firsthand.

EBL OFFERS PREPAID CARD FOR STUDENTS, TEACHERS AND YOUTH

Eastern Bank Limited (EBL) in collaboration with SSBCL has introduced the exclusive Visa co-brand International Student Identity Card (ISIC), International Teacher Identity Card (ITIC), and International Youth Travel Card (IYTC). This initiative was unveiled at a ceremony in Dhaka on December 22.

EBL Prepaid card Features and Benefits:

1. EMV-Secured Chip Technology:
The co-branded prepaid cards are equipped with EMV-secured chip technology, ensuring enhanced security for transactions.

2. Dual Currency Usage:
Customers can conveniently use the cards for both domestic and international transactions, eliminating the hassle of carrying multiple currencies.

3. Exclusive Discounts:
Cardholders enjoy up to 65% discounts on a wide range of products and services, including study-related websites, gadgets, hotels, movie theaters, car repairs, restaurants, gyms, and coffee shops.

4. Identity Card Functionality:
In addition to serving as payment cards, the ISIC and ITIC cards also function as student and teacher identity cards, offering added convenience and versatility.

5. Global Acceptance:
The ISIC card is recognized in over 130 countries/territories, allowing students to access preferential and discounted products, services, and experiences worldwide.

6. Financial Inclusion:
Ali Reza Iftekhar, managing director and CEO of EBL, emphasized that the EBL ISIC Visa Prepaid Card is more than just a payment card; it is a financial tool designed to promote financial inclusion among the youth demographic of Bangladesh.

7. Digital Payments:
Soumya Basu, country manager of Bangladesh, Bhutan, and Nepal at Visa, highlighted the role of digital payments in boosting the country’s GDP and emphasized the importance of catering to the next generation of consumers, such as students.

Card Requirement:

  • For ISIC card: All bona fide students over the age of 12 can purchase an ISIC card at an affordable price.
  • For ITIC card: Available for teachers.
  • For IYTC card: Available for youths.

The collaboration between EBL and SSBCL to introduce the Visa co-branded student and teacher prepaid cards signifies a significant step towards providing innovative financial solutions to the youth and education sectors. With enhanced security features, exclusive discounts, and global acceptance, these cards are poised to redefine the payment and identity card landscape in Bangladesh, contributing to the country’s journey towards a digitally inclusive future.

MBL VISA Student International Card

Features of the MBL VISA Student International Card:

  1. Tailored for Students: Specifically designed for students pursuing higher education abroad, the MBL VISA Student International Card caters to their unique financial needs.
  2. Convenient Fund Transfer: Simplify the process of sending funds for tuition fees, living expenses, and other educational needs with this card, eliminating the hassle of carrying cash.
  3. Pre-paid Card System: Operates on a pre-paid card system, providing students with financial flexibility and control over their expenses while studying overseas.

Benefits of the MBL VISA Student International Card:

  1. Secure Transactions: Enjoy peace of mind with secure transactions, ensuring that your funds are safely transferred to your designated educational institution.
  2. Streamlined Application Process: With clear guidelines and requirements, obtaining the MBL VISA Student International Card is straightforward, allowing you to focus on your academic pursuits.
  3. Global Acceptance: Accepted worldwide wherever VISA cards are recognized, making it a convenient payment option for students studying in various countries.

Requirements for Issuance:

To obtain the MBL VISA Student International Card, applicants must provide the following documents:

  1. MBL VISA Student Card application form, in accordance with Bangladesh Bank Guidelines (Appendix 5/64), duly filled in.
  2. Original and photocopy of the admission letter issued by the foreign educational institution in favor of the student, such as an Acceptance Letter or I-20.
  3. Proof of enrollment in a full-time course at the foreign institution.
  4. Refund policy documentation from the foreign institution.
  5. Details of guarantor/financer.
  6. Original and photocopy of an estimate relating to annual tuition fees, board and lodging, incidental expenses, etc., issued by the concerned educational institution.
  7. Attested copies of educational certificates of the applicant.
  8. Student Declaration form (as per Bangladesh Bank format).
  9. Valid Passport.
  10. VISA (depending on individual cases).
  11. Photograph of the student.

The MBL VISA Student International Card is more than just a payment method; it’s a valuable tool for managing your finances while studying abroad. With its convenience, security, and global acceptance, it’s the ideal companion for any student embarking on an educational journey overseas. Apply now and experience the ease of managing your finances with MBL.

Frequently Asked Questions

FAQs: DBBL NEXUS VISA CAMPUS CARD

Q1: What is the DBBL Nexus VISA Campus Card?
A: The DBBL Nexus VISA Campus Card is a revolutionary multicurrency prepaid card tailored exclusively for students. It offers unparalleled flexibility for transactions, both locally and internationally.

Q2: Who can apply for the DBBL Nexus VISA Campus Card?
A: The card is primarily aimed at students. Applicants must be resident Bangladeshis aged 18 years and above.

Q3: What are the benefits of the DBBL Nexus VISA Campus Card?
A: Benefits include convenient fund transfer, multicurrency usage, personalized and non-personalized card options, reloadable feature, and no additional interest or charges.

Q4: What documents are required for issuance of the DBBL Nexus VISA Campus Card?
A: Applicants need to provide a filled application form, valid photo ID (such as a national ID or passport), recent colored photograph, and specific documents for FCY endorsement if required.

Q5: How long is the validity of the DBBL Nexus VISA Campus Card?
A: The card is valid for 5 years from the date of issuance.

FAQs: EBL Prepaid Card for Students, Teachers, and Youth

Q1: What are the features of the EBL Prepaid Card for Students, Teachers, and Youth?
A: The EBL prepaid cards offer EMV-secured chip technology, dual currency usage, exclusive discounts, identity card functionality, global acceptance, and digital payment options.

Q2: Who can apply for the EBL Prepaid Card?
A: The ISIC card is available for bona fide students over the age of 12, the ITIC card is for teachers, and the IYTC card is for youths.

Q3: What benefits do cardholders enjoy with the EBL Prepaid Card?
A: Cardholders receive discounts on a wide range of products and services, enhanced security features, and access to preferential offers worldwide.

Q4: How can one obtain an EBL Prepaid Card?
A: Applicants need to meet the eligibility criteria and provide the necessary documentation as per the card type they are applying for.

FAQs: MBL VISA Student International Card

Q1: What is the MBL VISA Student International Card?
A: The MBL VISA Student International Card is designed for students pursuing higher education abroad, offering a convenient way to manage finances and make transactions globally.

Q2: What are the benefits of the MBL VISA Student International Card?
A: Benefits include secure transactions, streamlined application process, and global acceptance wherever VISA cards are recognized.

Q3: What documents are required to obtain the MBL VISA Student International Card?
A: Applicants need to submit various documents including the application form, admission letter from the foreign educational institution, proof of enrollment, guarantor details, and valid passport, among others.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.