StanChart rolls out Assurance Credit Card
FE DESK | Friday, 12 May 2023
Standard Chartered has recently launched the Assurance Credit Card (Assurance Card) in partnership with MetLife and Mastercard, the nation's first-ever card offering to provide customers with an insurance coverage.
The newly-introduced co-branded credit card enables users to avail insurance and lifestyle benefits in tandem. With Standard Chartered covering the insurance premium, customers will be able to reap the benefits of MetLife's comprehensive health and life insurance plans from day one, said a press release.
The Assurance Card, which boasts zero annual fees for the first year, will help customers to cover the cost of medical and healthcare related expenses as well as death and disability coverage of up to Tk 0.5 million.
A never-before-seen benefit includes coverage of up to Tk 3,000 per day for hospital stays. When charging the Assurance Card at major health centres across Bangladesh, customers will also be able to take advantage of discounts of up to 35 per cent. The card users will also enjoy a range of lifestyle offers at selected retailers and restaurants.