City Bank yesterday launched CityMaxx American Express Card first time in Asia, which allows customers to gain interest on money up to 15 days after it has been spent.

“Using CityMaxx card, customers could keep on earning interest as usual for 15 days even after the money has been spent form the account,” said Mashrur Arefin, deputy managing director and chief operation officer of City Bank.

The card offers 5 percent cash back on all spending at major grocery outlets in the country, 1 percent cash back on any spending at any shop and restaurant, said Arefin.

News: The Daily Star/Bangladesh/27-Nov-12