The HSBC MasterCard BusinessCard is an excellent cash management solution for your business. Use it for office improvements, travel or every day expenses.
MasterCard is accepted at more than 24 million locations worldwide. Your authorised employees can also use the Card to get cash, up to limits you prescribe, at more than a million ATM and bank locations around the globe.
MasterCard Global Service program extends the issuer's customer service infrastructure around the world. Available to all MasterCard cardholders who are travelling outside their home countries, MasterCard Global Service provides unprecedented emergency customer service - any time, anywhere, and in any language. MasterCard Global Service gives cardholders access to the following services provided by their issuers, MasterCard, and third party service providers.
If a cardholder is assaulted or robbed during or immediately after using an Authorised Teller Machine (Cajeros Automaticos), coverage may be provided to replace stolen cash (withdrawn). In the event of death due to the assault, coverage may also be provided.
MasterRental Insurance pays for covered damages to the rental vehicle when the eligible MasterCard is used to initiate and pay for the entire rental transaction. The MasterCard cardholder and those designated in the auto rental contract as authorised drivers are covered. The cardholder must rent the car in his or her own name and decline the collision/loss damage waiver offered by the car rental company. Covered damages, include:
MasterTravel provides coverage against accidental death, dismemberment, or paralysis when travelling as a passenger by land, air, or sea on a licensed common carrier. Cardholders must purchase tickets using their MasterCard cards or acquired tickets through points earned with a MasterCard rewards program. Losses resulting from acts of terrorism are covered. Coverage is provided to the cardholder, spouse and unmarried dependent children under age 18-or up to age 25, if attending school as a full-time student – including stepchildren or legally adopted children. The spouse and dependent children to do not need to be travelling with the cardholder to be considered Insured Persons. In addition, through the Insured Journey Benefit program, MasterTravel provides 24-hour coverage against accidental death for up to 60 days after disembarkation from a common carrier at the destination of a trip.
The MasterCoverage Liability Protection Program protects employers against losses incurred via employee misuse of company payment card privileges.
The MasterCoverage program will reimburse the employer for losses/charges up to the limits defined in the policy. Employee termination and account cancellation is a requirement of the MasterCoverage claim process; if employee termination is not possible, then in order to file a claim under the program, the cardholder's account and card(s) must be cancelled.