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Sensible credit card use offers perks
The consumption behaviour of Bangladesh's growing middle class has made credit cards popular in recent years with a number of banks offering a wide range of discounts and cashback facilities on purchases.
The plastic cards have been synced with a large number of shops, enabling payments for different goods and services to be made in the form of equated monthly instalments (EMI).
An EMI is a fixed amount of money paid by a borrower to a lender at a specified date each calendar month. This means a credit cardholder can avail a fridge or television whenever required in a much easier manner than through other modes of payment.

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