Pan Asia Bank launches BizClass credit card with Mastercard International

Tuesday, 12 August 2025 04:09 -     - {{hitsCtrl.values.hits}}

Pan Asia Bank has introduced the BizClass credit card, the newest financial solution under the Mastercard World Business category. Tailored for business leaders, entrepreneurs, and affluent professionals who seek simplified financial tools that complement their elevated lifestyles. 

The event took place at Courtyard by Marriott and was graced by Pan Asia Bank Chairman Aravinda Perera, Director/CEO Naleen Edirisinghe and Mastercard Country Manager for Sri Lanka and Maldives Sandun Hapugoda.

The BizClass credit card brings together a suite of features that cater to both personal and business lifestyle needs. Cardholders are entitled to a generous Rs. 10,000 cashback upon reaching Rs. 500,000 in annual spending and the card also offers an interest rate that is 2% lower than the current credit card rate, while also enjoying the financial flexibility of 0% interest for three months on eligible transactions. 

Designed for the global citizen, the card is accepted at over 30 million merchant outlets worldwide and more than 3 million ATMs. It comes with a low foreign transaction fee of just 2.5%, ensuring seamless international purchases. Travelers are further supported with complimentary travel insurance coverage of up to $ 100,000 on airline ticket purchases made with the card and two free airport lounge visits per year. 

BizClass cardholders can indulge in year-round lifestyle perks across the travel, dining, wellness, and leisure sectors. They also gain access to Mastercard’s exclusive “Priceless Specials,” which include over 230 local offers tailored to elevate everyday experiences. The card also features a contactless tap-to-phone capability, granting instant access to a personalised BizClass website with the latest offers and updates, ensuring cardholders are always connected and in control.

 Commenting on the launch, Edirisinghe said: “The BizClass Credit Card is a natural extension of our mission to deliver banking solutions that align with the ambitions of Sri Lanka’s most dynamic professionals and entrepreneurs. We understand the demands faced by today’s entrepreneurs and professionals and we are proud to offer them a product that brings together financial flexibility, global convenience, and exclusive lifestyle benefits under one powerful and exclusive card.”

Hapugoda added: “At Mastercard, we are committed to powering innovation that enhances the way people do business. The Pan Asia Bank BizClass Credit Card exemplifies this vision—combining cutting-edge technology, robust security features, and lifestyle and financial benefits. We’re proud to support this premium solution that meets the evolving needs of Sri Lanka’s business leaders and professionals.”

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