An Evaluation of Possible Consequences of Providing Credit Card to the College and University Students in Bangladesh

Abstract

Bangladesh is a developing country. Here, the market based economy exists. Its economy is 42nd largest in the world. The financial sector of Bangladesh holds the second position in the subcontinent. The banking sector has also developed dramatically. As a result, standard of living here is also getting better.In Bangladesh, about 65% people are getting various facilities provided by the bank. And the percentage is also increasing day-by-day. Credit card is one of them. Usage of credit card has increased significantly recently in Bangladesh. People are getting used to credit card for shopping daily and other necessaries. Sellers have also adopted the idea of credit card for receiving payments.The purpose of this thesis to identify the aspects and consequences of providing credit card to the students of Bangladesh. I have also tried to find out and recommend the ways how credit card can be provided to the students. The main purpose of this report to attract viewpoint of our commercial banks regarding credit card for students. The day has come to provide credit card to our students for their well-being.