The Mastercard Corporate Classic Standard card is an international card that can be used in 24 million locations all over the world providing freedom and flexibility when employees travel.
In addition to the standard benefits, Mastercard Corporate Classic card offers cardholders priority pass lounge access.
Benefits of Mastercard Corporate Classic Standard card include:
• Annual fee of €20 per card;
• Multiple cards with optional card limits;
• Credit limit on the account of up to €2,000,000;
• Maximum daily withdrawal of €260 from ATMs;
• Access to card usage data via District
With your Mastercard Corporate Classic Standard card you will also receive a Priority Pass card which gives you access to 1300+ lounges around the world.
• Hertz Car Rental discount;
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.
This means that all payments are gathered together and you receive only one overall invoice instead of many invoices. 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 through District. This means that you can keep track of transactions debited to the cards, and check the available balance.
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 https://www.nets.eu/dk-da/Pages/Exchangerates.aspx (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 and Institutions.
Prices and Conditions
The annual fee for this card is €20.
Government Stamp Duty of €30 per card per annum applies.
The MasterCard Corporate card interest rate is 9.75% (14.38% APR*).
*This represents 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.