Bank of Maldives has announced a new promotion for its Personal Mastercard Debit Card, offering a total of MVR 100,000 in cash prizes as part of an effort to encourage wider adoption of new debit cards and strengthen the use of digital payments across the country. The promotion, which runs from 6 July to 31 August 2026, is open to customers who apply for a new Bank of Maldives Personal Mastercard Debit Card during the campaign period, creating an added incentive for customers to explore more convenient and secure payment methods for their everyday transactions.
To qualify for the lucky draw, eligible customers are required to complete a transaction of MVR 200 or more using their Mastercard Debit Card at Bank of Maldives POS terminals or through the BML Payment Gateway. In addition to the initial qualifying transaction, customers can further improve their chances of winning through additional spending over the course of the promotion. Customers who spend MVR 1,000 in a week will receive one additional entry, while those who reach MVR 5,000 in monthly spending will receive another extra entry, allowing active card users to gain more opportunities to be selected.
At the conclusion of the campaign, ten winners will be drawn, with each winner receiving MVR 10,000. The cash prize will be credited directly to the winners’ Bank of Maldives accounts, providing a direct and practical benefit for customers who take part in the promotion. The structure of the campaign reflects the bank’s continued emphasis on encouraging the use of digital payment channels while rewarding customers for integrating card-based transactions into their regular spending habits.
The Bank of Maldives Personal Mastercard Debit Card enables customers to make payments directly from their accounts and access cash when needed, offering both convenience and accessibility for a wide range of financial needs. Cardholders are provided with daily cash withdrawal limits of up to MVR 25,000 from MVR accounts and up to USD 1,600 from USD accounts within the Maldives, giving customers greater flexibility in managing their funds while benefiting from the security and efficiency of electronic banking services.
As a principal member of Mastercard in the Maldives, Bank of Maldives continues to expand its portfolio of debit, credit and prepaid card services to meet the changing needs of customers in an increasingly digital financial environment. The bank has stated that its card services are designed to provide secure and convenient payment solutions while also giving customers access to promotional opportunities and practical benefits. The latest promotion further reflects the bank’s commitment to supporting modern banking habits, promoting digital transactions and enhancing the overall customer banking experience in the Maldives.
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