City Bank in Bangladesh has launched City Alo American Express Credit Card designed for working women.

The contactless credit card comes with several benefits including a one-tap payment facility of up to BDT3,000.

With the City Alo American Express Credit Card, the holders can also avail a range of medical and health benefits.

It includes annual health insurance coverage of BDT20,000 annually on in-patient services and BDT5,000 on outpatient services. They can also avail up to 35% savings on various healthcare services at selected hospitals.

Furthermore, the cardholders are entitled to receive discounts on accessing the City Bank American Express Lounge at Hazrat Shahjalal International Airport in Dhaka.

It also provides discounts on dining, lodging and shopping with various local merchants and on American Express Selects across the world.

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City Bank vice-chairman Hossain Khaled said: “City Bank has always considered women empowerment as a core part of its social responsibility.

“I am hopeful that with the City Alo American Express Credit Card, women in Bangladesh will find a comprehensive financial solution that is fast, secure and convenient.”

American Express director for Global Network Services in South Asia Kurush Dastoor said: “American Express has a long-standing partnership with City Bank and we are committed to providing best-in-class products and experiences that meet the needs of the bank’s customers.”

Last week, Singapore Airlines launched a new business credit card for SMEs in partnership with American Express. The new American Express Singapore Airlines Business Credit Card will help the SMEs to access credit and avail travel benefits.