Nagad offers cash back on MasterCard credit card bill payments
Nagad offered 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.
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 Pay’ option and clicking on the ‘Credit Card Bill’ payment option. In this way, a customer will receive 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, 2022, the statement added.
Cashback of 1.5% or a maximum of Tk 200 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, 2022. During this time, if you pay the bill with a MasterCard credit card, you will get 1.5% cashback or a maximum of 200 Tk.
A consumer can only get cashback once per bank card in a cycle. But they will get this advantage again in the new cycle.
Customers can avail this facility from MasterCards of multiple banks in the same cycle and in this case the consumer will get a maximum cashback of Tk 200.
To activate the offer, the consumer must first select “Bill Pay” in the Nagad app. Then they should select “Credit Card”.
‘In the next step, select ‘MasterCard Credit Card Bill’. Then select “Remember me” and select “Continue”. Select “MasterCard Credit Card Bill” from the following list. Set the bill amount and press next with PIN. Then press and hold the bottom of the screen to complete the transaction,” the statement said.
Nagad’s Chief Commercial Officer, Sheikh Aminur Rahman, said, “Nagad always wants to provide more digital services to its consumers. Paying MasterCard credit card bills through Nagad will be a hassle-free process for consumers. We started this cashback campaign because we want to get them more interested in this issue. We hope that consumers will no longer have to queue at banks to pay their bills. They will get this benefit from Nagad.