Bank of Maldives has launched a special promotion where 100 new Student Card applicants will each win MVR 1000. The promotion runs from August 14 to September 30, and all applications made during this time will be entered into the lucky draw.
The BML Student Card is designed to help children aged 7 and above learn how to manage money in a practical way. Parents can send money, guide spending, and manage card settings through the BML Mobile Banking App.
The card is a Visa Debit Card with no fees and can be used for both local and international payments. It also offers an annual rebate of 0.5 percent on total spending, which is credited to the child’s savings account at the end of the year.
In addition to the rebate, Student Card holders enjoy discounts of up to 10 percent at selected shops, bookstores, and restaurants when paying through BML POS machines.
BML encourages parents to take this opportunity to teach their children valuable financial habits while enjoying the chance to win a cash reward.