Credit card interest rates have increased to 25% Credit card interest rates have increased

The amount of interest rate of credit card that the banks were collecting from the customers, as a result of which the customers have negative perception and bitter experience towards the credit card. Due to high interest rates, many people did not want to accept new credit cards even if they wanted to.

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At such a time, the central bank sets the maximum interest limit of credit card at 20% per annum to all the banks of the country. As a result of taking such a landmark decision of Bangladesh Bank, the credit card holders are relieved.

Recently, taking into account the current situation of the country, the maximum interest rate of the credit card has been changed again and fixed at 25% per annum.

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