UCB and Mastercard collaborate to launch World Credit Card, Contactless Debit & Prepaid Cards with multiple exclusive benefits

Abu Sufian

United Commercial Bank PLC (UCB) and Mastercard have recently launched innovative financial products, including the highly anticipated UCB Mastercard World credit card. The collaboration also marks the launch of a contactless debit card and two prepaid cards. The products were introduced on February 15, 2024. The partnership marks a momentous milestone in the banking industry, providing cardholders with an unparalleled range of benefits from travel and dining to health and lifestyle.

During the launch event, Arif Quadri, Managing Director and CEO, United Commercial Bank PLC, expressed his excitement about the partnership, stating, “We are thrilled to partner with Mastercard in introducing these exciting financial products. This collaboration underscores our commitment to delivering premium benefits and exceptional services to our valued customers.”

UCB Additional Managing Director ATM Tahmiduzzaman along with senior officials of both institutions were present in the event.

The UCB Mastercard World credit card is poised to redefine the standards of financial excellence, empowering cardholders to live life to the fullest while enjoying unmatched privileges and rewards.
The cornerstone of this collaboration is the introduction of the UCB Mastercard World credit card, meticulously designed to meet the various needs of modern consumers. Cardholders will enjoy exclusive privileges, including a complimentary one-night stay at a prestigious five-star hotel in Bangladesh, receive gift vouchers depending on transactions, earn 1 percent cashback on international transactions, and enjoy exclusive access to over 1,400 airport lounges globally, including complimentary entry to UCB International and Domestic Imperial Airport Lounges.

They can also embark on a culinary journey with 10 percent cash back at restaurants and enjoy buy-one-get-one offers at selected five-star hotel chains in Bangladesh, seamlessly enjoy exclusive health check-up program that will cover 16 top hospitals and diagnostic centers, and insurance coverage of up to BDT 3,00,000 for 18 critical diseases.

Mr. Syed Mohammad Kamal, Country Manager, Bangladesh, Mastercard, said, “Mastercard has been committed to forging collaborations to provide world-class products and services to its cardholders in Bangladesh. This collaboration with United Commercial Bank PLC will not only enable cardholders to avail an exclusive range of benefits but will also enhance their local and cross-border transaction experience.”

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