Nagad offers up to Tk 400 cashback for Mastercard credit card bill payment

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Nagad, the mobile financial service of the Bangladesh Postal Department, has introduced a cashback offer of up to Tk 400 on Mastercard credit card bill payments.

To avail the offer, consumers must register their Bangladesh Bank-approved Mastercard credit cards in the Nagad app, a press release said on Saturday, September 24.

Nagad app has the option to pay bills by adding Bangladesh Bank approved debit or credit cards.

A credit card bill can be paid instantly by going to Nagad’s “Bill Payment” option and clicking on the “Credit Card Bill” payment option. This way, a client will get 1.5% cashback over two cycles or up to a maximum of 400 Tk.

This benefit will be available for both newly registered cards and previously registered cards in the Nagad app.

This cashback will be paid out in two cycles. The first cycle, which began on September 21, will continue until October 20.

A cashback of 1.5% or a maximum of 200 Tk will be available if one registers or pays the bill from a newly registered Mastercard credit card.

Later, the second cycle will run from October 21 to November 30. Meanwhile, if customers pay the bill with a MasterCard credit card, they will receive 1.5% cashback or a maximum of 200 Tk.

A consumer can only get cashback once on a bank card per cycle.

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Elaine R. Knight