Bangladesh has more than 12 mobile financial services providers, but three names dominate: bKash, Nagad, and Rocket. Each shines in a different lane. This guide compares them across the 7 dimensions that actually matter — and shows when to use which.
1. Fees
- bKash: 1.85% agent cash-out, 1.49% ATM cash-out, ৳5 send-money.
- Nagad: 1.5% agent cash-out (cheapest!), ৳5 send-money to non-Nagad users, free between Nagad accounts.
- Rocket: 1.8% agent cash-out, ৳5 send-money, free DBBL ATM cash-out.
Winner: Nagad for routine cash-outs; Rocket if you bank with DBBL.
2. Merchant network
bKash dominates with 5 lakh+ merchant outlets and near-universal QR acceptance. Nagad is catching up fast through government partnerships. Rocket has the smallest but is well-distributed in suburban / rural areas.
3. Government payments
Nagad wins outright — exclusive partner for many ministry stipends (mothers' allowance, freedom fighter stipend, school fees in many districts), salary disbursement for some government employees.
4. International remittance
All three accept inward remittance with 2.5% government incentive. bKash has the widest exchange-house network, especially via Western Union, Ria, and RemitX.
5. App quality
- bKash: mature, feature-rich, occasionally laggy with promotions overload.
- Nagad: clean modern UI, sometimes slower transactions during peak.
- Rocket: dated UI, but rock-solid reliability and best for DBBL holders.
6. Security
All three are licensed by Bangladesh Bank and use 5-digit PIN + OTP. bKash and Nagad offer biometric unlock; Rocket lags here.
7. Bill payments
Rocket wins — usually free electricity, gas, and water bills via DBBL connection. bKash charges minor fees on some bills; Nagad is mixed.
Quick verdict by use-case
- Sending money to friends/family → bKash (largest network).
- Receiving government stipends → Nagad.
- Paying utility bills → Rocket.
- Receiving remittance → bKash (or whichever your sender prefers).
- Lowest cash-out fee → Nagad agent (1.5%).
- Merchant QR payments → bKash (widest acceptance).
Track them all in one place
Use Moneybag to keep separate wallet entries for bKash, Nagad, and Rocket. The dashboard shows your total across all three — auto-aggregating so you never have to open three apps to know your true MFS balance.
Can I link all three to the same bank account?+
Yes — same bank account can fund multiple MFS wallets. Most Bangladeshi banks support bKash, Nagad, and Rocket links.
Which has the best customer service?+
Anecdotally, Rocket (via DBBL branches) for in-person; bKash for in-app chat support response time.
Is one safer than the others?+
All three are equally regulated. Security comes down to your PIN hygiene and not sharing OTPs.
Ready to take control of your money?
Download Moneybag — free on Android, premium personal finance built for Bangladesh.
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