Bangladeshis abroad spent Tk 498.9 million on credit cards in October this year to purchase various services and products. On the other hand, foreigners in Bangladesh spent Tk 1.29 billion on credit cards.
This information was revealed from Bangladesh Bank's updated report on credit card transactions at home and abroad.

According to the central bank, Bangladeshis spend the most money on credit cards abroad in a few countries. India, the United States, Thailand, the United Arab Emirates, the United Kingdom, and Singapore are at the top. The majority of Bangladeshis' credit card spending abroad is done in these six countries.
Earlier, a large number of Bangladeshis used to travel to India every month for travel and medical treatment and spent the most money on credit cards in the country. But after the political change in the country, there has been a radical change in the use of credit cards by Bangladeshis abroad. Last September, Bangladeshis spent 420 million taka on credit cards in Thailand. In October, this expenditure increased to 570 million taka. As a result, the country came in second place in the use of credit cards by Bangladeshis abroad. India was also in second place in September. In October, Bangladeshi spending on credit cards in India moved to third place.
Industry insiders say that after the August change of heart, India has imposed restrictions on travel and medical visas for Bangladeshis. Due to which, the travel of Bangladeshis to the country has decreased significantly. As a result, the use of credit cards by Bangladeshis in the country has also decreased. Now Bangladeshis are choosing Thailand, Malaysia and Singapore instead of India for medical treatment and travel. Due to this, the use of credit cards by Bangladeshis in these countries has also increased.

Sheikh Hasina resigned from the post of Prime Minister on August 5 in the face of an unforgettable uprising by students and the public. This ended the Awami League's 16 years of unprecedented misrule and arbitrariness. The Indian government has stopped tourist visas for Bangladeshis since the change of government. There has been no assurance as to when the visas will be resumed. Recently, while talking to journalists, Indian High Commissioner to Dhaka Pranay Verma said that now only those who urgently need visas are being given visas. Because, the manpower is short. It will be possible to start this (tourist visa) if the activities are normal. Every year, the maximum number of tourists from Bangladesh used to go to various provinces of India including Kolkata, Delhi, Darjeeling, Sikkim, Meghalaya, Kashmir.

The Central Bank's Statistics Department has prepared a report on the country's 44 credit card issuing banks and one financial institution. The report highlights the credit card usage of Bangladeshi citizens inside and outside the country, and foreign citizens inside the country.

According to Bangladesh Bank data, the use of credit cards at home and abroad increased significantly in October. In the space of one month, credit card spending within the country increased by 197 million taka, or about 7.5 percent. And spending abroad increased by 780 million taka, or more than 18.5 percent.
Meanwhile, along with the increase in credit card usage by Bangladeshis at home and abroad, the use of credit cards by foreigners residing in Bangladesh has also increased. In October, foreigners residing in Bangladesh spent Tk 129 crore on credit cards. The amount was Tk 111 crore in September. Accordingly, the spending of foreigners increased by Tk 18 crore or 16.5 percent in a month. Foreigners in this country use credit cards the most to withdraw cash. Out of the Tk 129 crore spent in October, foreigners withdrew Tk 47 crore in cash.