A few years ago, planning a trip meant carrying a wad of cash, standing in long queues for tickets, and hoping your hotel reservation was still valid. Today, a few taps on your phone can book flights, hotels, and even dinner reservations—without touching a single note. With digital payments on the rise, more Bangladeshis are embracing a cashless way of traveling. In fact, according to Bangladesh Bank, digital transactions surged by over 40% in 2023, with mobile financial services (MFS) and bank-led digital payments leading the way. From booking flights to paying for accommodations, cashless transactions have made travel more convenient, secure, and rewarding.

From Cash to Card

According to recent reports, the volume of online travel bookings in Bangladesh has witnessed a year-on-year increase of over 30%, with a substantial portion of these transactions conducted through MFS and digital banking channels. This growth underscores the increasing trust and reliance on cashless methods among Bangladeshi travelers.

For the modern Bangladeshi traveler, the advantages are manifold. Imagine booking a flight to Cox's Bazar from the comfort of your home, paying instantly through your preferred MFS account, and receiving an e-ticket within minutes. The ability to manage travel expenses digitally not only enhances convenience but also provides a sense of security, reducing the risk associated with carrying large sums of cash.

Platforms like ShareTrip, GoZayaan, and Bdtickets now offer multiple cashless payment options, including credit/debit cards, mobile wallets, and QR codes. This shift has been particularly beneficial during peak travel seasons like Eid, when the demand for travel services skyrockets.

For instance, City Bank has been at the forefront of facilitating smooth cross-border transactions. As more Bangladeshis opt for international travel during Eid, City Bank ensures hassle-free currency exchanges and transparent fee structures. "We offer debit and credit cards across four major international payment schemes: American Express, Visa, Mastercard, and UnionPay. All our cardholders enjoy seamless international transactions and have access to global offers provided by these schemes," says a representative from City Bank. Additionally, the bank provides accelerated reward points and cashback promotions during the travel season, making international as well as national trips more affordable.

Advantages of Discounts

This shift to digital transactions is not just about convenience—it is also about savings. With Eid-Ul-Fitr approaching, banks and financial institutions are offering significant discounts on flights and hotels, making cashless travel even more rewarding. BRAC Bank, for example, is offering up to 10% off on domestic air tickets with Biman Bangladesh, NovoAir, US-Bangla Airlines, and Air Astra. International travelers can avail themselves of up to 18% discounts on flights booked through ShareTrip using BRAC Bank credit and debit cards. Credit cardholders can also enjoy discounts of up to BDT 4,000 on domestic flight bookings via Go Zayaan.

Moreover, BRAC Bank has partnered with over 40 tour and travel operators to provide up to 70% discounts at premium destinations. From luxury stays at Long Beach Hotel and Ocean Paradise to budget-friendly options like Momo Inn and Nazimgarh Resorts, travelers can enjoy significant savings.

Dhaka Bank is also stepping up with attractive offers, including up to 70% discounts on ShareTrip, 10% off on Bdtickets, and 10% discounts on Biman Bangladesh Airlines. For those planning a beach getaway, Sayeman Beach Resort is offering a 35% discount, while Ramada by Wyndham is providing up to 60% off on bookings made through Dhaka Bank cards.

Other banks like Bank Asia, NCC Bank, DBBL, EBL, MTB, Prime Bank, and Trust Bank are also rolling out exclusive Eid travel deals. Mastercard users, for instance, can enjoy global discounts on flights, hotels, and car rentals, making international travel more accessible.

Maximise Cashless Travel Benefits

To make the most of these cashless travel offers, travelers should start by choosing the right financial partner. Opt for banks or MFS providers that offer comprehensive travel benefits, such as discounted airfare, hotel stays, and reward points. Before booking, compare offers across platforms like ShareTrip, GoZayaan, and Bdtickets to identify the best deals.

It is also essential to plan ahead. Many travel discounts are time-bound, so early bookings can help secure the best rates. Additionally, travelers should familiarise themselves with the terms and conditions of each offer, including eligibility criteria and payment methods.

For international travel, ensure your card is enabled for cross-border transactions and check for any associated fees. City Bank's transparent fee structure, for example, allows travelers to budget effectively without worrying about hidden charges.