The Mastercard Corporate Classic Standard card is an international card that can be used all over the world providing freedom and flexibility when employees travel.
Benefits and Features
In addition to the standard benefits, Mastercard Corporate Classic card offers cardholders Priority Pass airport 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
- 24 hour customer service
With your Mastercard Corporate Classic Standard card you will also receive a Priority Pass card which gives you access to airport lounges around the world.
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.
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.
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 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.