Benefits and Features
Mastercard Corporate Platinum is our most prestigious corporate card, offering complimentary access to airport lounges for you and a guest.
Benefits include:
Convenience: The Mastercard Corporate Platinum card is an internationally recognised corporate card that you can use as a charge card and a cash card. It offers emergency replacement of the card or cash and can make travelling - for both business and pleasure - more secure and comfortable.
Individual card limits: Each card can have its own individual limit so you control spending on each card within the account.
A single itemised statement: Issued monthly, a single itemised account statement details all expenditure by each card.
Track expenditure at any time of the day: All transactions can be viewed through District.
Features include:
Invoicing
Every month, you will receive a statement covering all the 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.
All payments are gathered together, so you receive 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 debited to the cards, and check the balance available on the account.
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 €125.
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.
