Mastercard Corporate Classic

You can use your Danske Bank Mastercard Corporate Classic card to withdraw cash or make purchases at over 24 million locations worldwide where the Mastercard logo is displayed.

Benefits and Features

A Mastercard Corporate Classic card is ideal for employees and business owners who have job-related expenses, enabling easy reconciliation of expenditure.

Benefits include:

  • No annual fee
  • Multiple cards with optional individual card limits
  • Credit limit up to €2,000,000
  • A maximum daily withdrawal of €260 from ATMs
  • Access to card usage data via District
  • 24 hour customer service

Additional benefits include:

Features include:

Invoicing
Every month you will receive a statement covering all transactions on your 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 and for you to see an overall picture of the charges incurred. Repayment in full is required each month.

Monitor your card activity
With a Mastercard Corporate Classic card, you can monitor your card account in the same way as your other accounts through District. This means that you can keep track of transactions debited to the cards, and check the balance available on the account.

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 at here (select Mastercard, search for Danske Bank Irish Branch and click “show rates”). Exchange rates can change continually and without notice.

For further information please see our Terms and Conditions for Corporates cards.

Prices and Conditions

No annual fee.Government Stamp Duty fee of €30 per card per annum applies. The MasterCard Corporate card interest rate is 9.75% (14.38% APR*).

*The annual rate of interest charged on a loan taking 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, so long as the loans are all for the same term.

For further information on our prices and conditions please see our Corporates and Institutions Fees and Charges brochure.

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