The Mastercard Corporate Gold card is ideal for business owners and their employees who travel and have significant
business-related expenses.
The Gold card option will be particularly useful to the more frequent traveler who wants to take advantage of the associated benefits such as access to airport business lounges.
Benefits and
Features
The Mastercard Corporate Gold card, in addition to the standard benefits, offers the cardholder Priority Pass benefits.
Mastercard is accepted in millions of outlets worldwide.
Benefits include:
• Annual fee of €75 per card;
•
Multiple cards with minimum optional card limit of €6,500;
• Credit limit on the account of
up to €2,000,000;
• Maximum daily withdrawal of €650 from ATMs;
• Access
to card usage data via District;
• 24 hour customer service
Lounge access in airports
With your Mastercard Corporate Gold card, you will also receive
membership of Priority Pass.
Priority Pass is the world's largest and most extensive airport lounge programme, giving members free access to
1300+ lounges around the world, even if you do not fly business class.
Features
include:
Invoicing
Every month you receive a statement covering all
transactions on the account. Depending on the date of travel, the invoice might include transactions before, during
and after the journey. This makes it easy for your staff to complete their travel expense claims.
This means
that all payments are gathered together and you receive only one overall invoice instead of many invoices from
separate suppliers. In addition, you benefit from a longer credit period.
Repayment in full is required each
month.
Monitor your card activity
With a Mastercard Corporate card, you can monitor your
card account in the same way as your other accounts in District. This means that you can keep track of transactions,
and check the available balance.
Additional benefits include:
• Hertz Car Rental
discount
Exchange rate
The exchange rate that will be applied to any Transaction (or
refund thereof) that needs to be converted into euro will be based on an average rate calculated from the card
scheme (Mastercard) exchange rates for all transactions on that day in the same currency. A variable margin,
currently 1.75% of the amount, will be added to this exchange rate. The applicable exchange rate will be that which
applies on the Business Day NETS executes the transaction. Current rates can be found here
(select Mastercard, search for Danske Bank Irish Branch and click “show rates”). Exchange rates can change
continually and without notice.
A conversion fee, which is set by the Bank, is also applied to the transaction. The conversion fee is outlined in our Corporates and Institutions Fees and Charges brochure.
If you use the card to make a purchase in a currency that is not Euro, the merchant may propose converting the amount of the transaction into euro before processing the transaction. Before you agree to do this, the merchant must outline any charges and the applicable exchange rate or reference exchange rate. The exchange rate or reference exchange rate used by the merchant may be different from that which would have been used by the Bank had the merchant not carried out the conversion.
For further information please see our General Terms and Conditions, Large Corporates and Institutions.
The annual fee for this card is €75.
Government Stamp Duty of €30 per card per annum applies.
The Mastercard Corporate card interest rate is 9.75% (14.38% APR*).
*This annual rate of interest takes account of all the costs involved over the term of the loan, such as any set-up charges and the interest rate. It is a good basis for comparing the costs of different loans, provided the loans are all for the same term.
For further information on our prices and conditions please see our Large Corporates and Institutions Fees and Charges brochure.