Standard Chartered Bangladesh review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Our verdict
Standard Chartered Bangladesh suits people living in Bangladesh who want everyday banking with a fee free debit card alongside a cashback credit card. The current account carries BDT 0 in monthly fees, and the credit card pays cashback across groceries, dining, fuel and other retail spend.
Key facts
Loans
- Loan amount
- BDT 50,000 to BDT 2,000,000↗
- Term
- 12 to 60 months↗
- Funding time
- Disbursed within 2 working days for SC Employee Banking customers and up to 5 working days for non-SC customers↗
- Rate type
- Variable↗
- Lender type
- Direct lender↗
- Eligibility
- Minimum age 21 for salaried and 25 for businessman; applicant must be a Bangladeshi citizen currently living in Bangladesh; minimum monthly net income BDT 26,000-55,000↗
- Loan types
- Personal, Credit-line, Secured↗
- Use cases
- Home-improvement↗
- Pricing model
- No monthly fee
Savings
Credit cards
- Rewards type
- Cashback↗
- Rewards rate
- 8% grocery, 5% dining and hotel, 2% fuel, 1% other retail; max BDT 1,200 cashback per month↗
- Perks
- Free passenger handling service at Hazrat Shahjalal International Airport, Dhaka, Card cheque facility for payments within Bangladesh, Multi card facility under the same credit limit, InstaBuys equal monthly instalments, 24-hour client centre access↗
- Card kind
- Credit↗
Mortgages
- Fixed period
- 10 to 25 years↗
- Maximum loan to value
- 70%↗
- Product fee
- BDT 0 to BDT 20,000↗
- Purpose
- Purchase, Remortgage↗
Facts checked September 26, 2026, 9 sources
Apps and profiles
Pros and cons
Pros
- The current account carries BDT 0 in monthly fees, with interest credited monthly on any balance.
- The credit card pays cashback at the strongest rate on groceries and dining, with a monthly cap.
- Free passenger handling service at Hazrat Shahjalal International Airport, Dhaka, Card cheque facility for payments within Bangladesh and Multi card facility under the same credit limit includes free passenger handling at Hazrat Shahjalal International Airport, Dhaka and in-country card cheques.
- Support runs on phone and help centre, and the credit card adds client centre access at any hour.
Cons
- Rates are variable, so savings and borrowing costs can move rather than stay fixed.
- The credit card is credit borrowing, so an unpaid balance still accrues interest.
- The listed entity sits in Luxembourg, while the accounts serve people living in Bangladesh.
Who it suits
- People living in Bangladesh who want an easy access account that earns interest monthly
- Salaried workers and business owners who want cashback on everyday spending
- Customers who value a long established bank, founded in 1905
Who should look elsewhere
- Wise, if you hold and convert money in several currencies, since these accounts serve a single market.
- bunq, if you bank in Europe and want a euro account rather than a Bangladeshi one.
- Varo Believe Secured Credit Card, if you want a secured card for spending outside Bangladesh.
Rates and card terms
Both the savings account and the loans sit on a variable basis, so what you pay follows the bank's published rate matrix and can change over time rather than staying locked for a set period. Personal loans are arranged over 12 to 60, with repayment by instalments. The savings side is an easy access account, so your money is reachable when you need it.
The company behind it
The entity behind these accounts is Standard Chartered Luxembourg S.A., headquartered in Luxembourg, and the group dates back to 1905. It appears in the register of the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg under MiCA CASP 213800HAR45C9K18O294. Help is offered on phone and help centre, and the credit card adds client centre access at any hour.
How Standard Chartered Bangladesh compares
9.5 vs 9.4
9.5 vs 9.0
9.5 vs 8.9
9.5 vs 9.4
9.5 vs 8.7
9.5 vs 9.2
9.5 vs 9.4
9.5 vs 8.7
9.5 vs 9.3
9.5 vs 8.9
9.5 vs 8.6
9.5 vs 9.2
9.5 vs 8.4
9.5 vs 8.5
9.5 vs 8.8
9.5 vs 9.0
9.5 vs 8.6
9.5 vs 8.3
9.5 vs 9.5
9.5 vs 9.4
9.5 vs 9.4
9.5 vs 9.3
9.5 vs 9.3
9.5 vs 9.3
9.5 vs 9.3
9.5 vs 9.2
9.5 vs 9.2
9.5 vs 9.2
9.5 vs 9.1
9.5 vs 9.1
9.5 vs 9.1
9.5 vs 9.1
9.5 vs 9.0
9.5 vs 9.0
9.5 vs 9.0
9.5 vs 8.9
9.5 vs 8.8
9.5 vs 8.7
9.5 vs 8.5
9.5 vs 8.4
9.5 vs 8.0- 9.5 vs 8.0
Where Standard Chartered Bangladesh is available
- Available
- Bangladesh, Luxembourg
- Licence in Luxembourg
- Commission de Surveillance du Secteur Financier (CSSF) (MiCA CASP 213800HAR45C9K18O294), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
How much does the account cost each month?+
The current account carries BDT 0 in monthly fees, and the Smart Account comes with a debit card at no fee. Interest is credited monthly on any balance, and the minimum deposit is BDT 0, so there is no balance you must build up before the account earns interest.
What does the credit card pay back?+
The card pays cashback on spending, at its highest rate on groceries, lower on dining, hotels and fuel, and lowest on other retail purchases. Cashback stops at a set ceiling each month, so spending well past that cap earns nothing more that month.
Who can open an account or take a loan?+
The accounts are for Bangladeshi citizens living in Bangladesh. For the personal loan the bank lists a minimum age, a higher minimum age for business applicants, and a minimum monthly net income, and applicants can be a salaried worker, a business owner or a professional.
How fast is a personal loan paid out?+
The loan is arranged directly by the bank as a direct lender product, and payout is quicker for Employee Banking customers than for other applicants. Repayment is spread over 12 to 60, home improvement is the named use case, and personal, credit line and secured are all available.
Is my money protected?+
The protection listed for deposits is EU DGS up to EUR 100,000. The accounts are held in Bangladesh while the entity named in the register sits in Luxembourg, so check the local scheme where you live before relying on this cover for your savings.
How do I get help?+
Help is offered on phone and help centre, covering phone and a help centre. The credit card adds client centre access at any hour, and Free passenger handling service at Hazrat Shahjalal International Airport, Dhaka, Card cheque facility for payments within Bangladesh and Multi card facility under the same credit limit includes free passenger handling at Hazrat Shahjalal International Airport, Dhaka for arriving and departing customers.
Can I use the card abroad?+
The card runs on visa, and the card cheque facility covers payments within Bangladesh only. Spending overseas is billed in the local currency at the rate set by the network, not by the account fee, and the account is built for a single market.
Sources
- esma.europa.eu/sites/default/files/2024-12/CASPS.csv checked September 26, 2026
Backs: Deposit protection, Headquarters, Legal entity, Licences
“ae_homeMemberState=LU”
- sc.com/bd/about-us checked September 26, 2026
Backs: Founded, Card network
“Established 1905 (Including ANZ Grindlays experience and presence; Standard Chartered established its first branch in Chattogram in 1948.)”
- sc.com/bd/credit-cards/super-value-titanium checked September 26, 2026
Backs: Card kind, Features, Perks, Rewards rate, Rewards type
“The cash back amount will be reflected in your credit card statement”
- sc.com/bd/deposits/current-accounts/fast-current-account checked September 26, 2026
Backs: Card type, Monthly fee
“Fast Current Account ... Debit Card: A free Platinum Debit Card will be provided to take care of all your transactional needs.”
- sc.com/bd/deposits/savings-accounts/smart-account checked September 26, 2026
Backs: Access terms, Account kind, Minimum deposit, Pricing model
“Debit Card ... with zero debit card fee; Cheque Book: Not issued for this account; Counter Transaction: Not allowed.”
- sc.com/bd/help-centre/faqs checked September 26, 2026
Backs: Support channels
“Please call our phone banking 16233 (From Mobile Phone) or +88 09 666777111 (from landline)”
- sc.com/bd/interest-rate-matrix checked September 26, 2026
Backs: Rate type
“Interest Rate Matrix September 2026”
- sc.com/bd/loans/home-loan checked September 26, 2026
Backs: Fixed period, Maximum loan to value, Product fee, Purpose
“Maximum loan tenure - Businesspersons: 120 months - All other segments: 300 months; NRB salaried segment: 180 months”
- sc.com/bd/loans/personal-loan checked September 26, 2026
Backs: Loan amount, Eligibility, Funding time, Lender type, Loan types, Term, Use cases
“You can avail of loans ranging from BDT 50,000 to BDT 20 lacs (2M) depending on your eligibility, income and repayment capacity”
Compiled from 9 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Currency conversion fee, Free ATM withdrawals, Protection.
Related by the facts
Standard Chartered Bangladesh
People in Bangladesh wanting fee free everyday banking and a cashback card.