Mastercard business is one of the four largest payment networks in the world. Mastercard payments use the Mastercard network for transaction processing. The payment cards for the Mastercard are credit cards, debit cards, and prepaid cards. Mastercards do not issue any credit cards or debit cards; they are the payment networks through which the payments between banks and merchants are processed. Mastercard provides the best facilities to the customers, business, government and public sector, merchants and issuers, and partners. Here in this article, we discuss the Mastercard facilities for the customers.
Find the card that is right for you, explore the benefits of Mastercard. No card is more accepted than Mastercard around the world. Credit cards provide benefits, rewards, services, and spending power that can bring personal and financial dreams a reality. You can also choose the debit cards, enjoy the convenience of spending, and take financial control. Mastercard is accepted worldwide and benefits are provided to the user and the deduction of funds is made from the checking account. Mastercard also provides the facility of prepaid cards. You can use Mastercard prepaid cards wherever Mastercard is used. You have to load the prepaid card with funds and use it according to your requirements for shopping, bill payments and everyday purchases. Mastercard provides the below cards for customers.
- Platinum Mastercard
- Standard Mastercard
- World Mastercard
- World Elite Mastercard
1. Platinum Mastercard
Platinum Mastercard provides worldwide acceptance with excellent customer service and remarkable benefits. You can get endless rewarding benefits and services.
Unwind before you fly-You can access over 25 airport lounges in the Middle East and Levant.
Travel with Cleartrip-You can travel the world with a Cleartrip and save up to 30% on your travel with a Cleartrip. Just visit the Cleartrip and book roundtrip, international airfare or hotel using platinum Mastercard to enjoy up to 30% discount.
- Book on five airfares/five hotel nights and get a 30% discount. You can get up to a discount of AED 700.
- Book four airfares/four hotel nights and get a 25% discount. You can get up to a discount of AED 500.
- Book three airfares/three hotel nights and get a 20% discount. You can get up to a discount of AED 300.
- Book two airfares/two hotel nights and get a 15% discount. You can get up to a discount of AED 150.
- Book one airfare/1 hotel night and get a 10% discount. You can get up to a discount of AED 50.
The total airfare and hotel nights you can get upto AED 1400 off on your bookings
You have to simply book your trip enter promo code MASTERCARD and pay with Platinum Mastercard. Applying for travel visas made simple and quick with Platinum Mastercard.
Luxury service Apartments and Hotel Offers-You can enjoy special privileges and discounts of up to 15% at luxury hotels and service apartments. Get 10% discount on hotel bookings with Hotels.com
Shopping online is made more fun with Platinum Mastercard-You can Buy 1 and Get 1 on leisure entertainment. Get access to hundreds of Buy 1 and Get 1 offers throughout the Middle East and Africa.
Fashion- You can enjoy 10% off on luxury clothing online with Farfetch. You can enjoy the facility of same day delivery as well as click and collect services.
Click here for Visa Mastercard all you need to know
2. Standard Mastercard
You can use a Mastercard credit card for everyday purchases. This can be used at stores, online purchases, and places like hotels. The card provides you with zero liability protection, Mastercard global services, Mastercard ID theft protection
3. World Mastercard
You can transform everyday into unforgettable experiences with exclusive access to great experiences with offers and save time and money with a world Mastercard. You can get exclusive discounts on rideshares, food delivery, online shopping and everyday time saving benefits. You can enjoy luxury travel benefits around the world.
World Mastercard Travel Benefits
World Mastercard is an ideal option for international travel because Mastercard is accepted at every small retailer that takes credit cards worldwide. A world with Mastercard enhances with travel insurance and other benefits
1. Travel Accident Insurance- Mastercard compensates in case of an accident to you, your domestic partner/your dependent children are injured or killed during the travel. The travel should have been arranged by the travel provider and payment must have been made for the trip using World Mastercard.
2. Travel Trip cancellation/interruption insurance- You can get compensation for trip cancellation or stopped early. The reason could be death/injury/sickness of you or an immediate family member. Professional sports injuries and pre-existing conditions are not covered.
3. Trip delay insurance- If your trip is late by three hours or more than you can get compensation based on the ticket that you paid through your card.
4. Baggage delay insurance- If your baggage arrives late and you have to purchase clothes or toiletries, you get compensated for that up to three days.
5. Baggage loss insurance– If your bags are lost and never arrived, World Mastercard compensates to replace the items you lost. Some items are not replaced, it is advised to read their terms and conditions.
6. Luxury resorts and hotel portfolio– There are more than two thousand hotels worldwide to stay at, you can get free room upgrades, early check-in and late check-out are available along with free breakfast for two and free amenity facility.
7. Master Rental Insurance– It protects you from the theft of cars that you have taken on rent with your card. It also protects you from physical damage to the cars rented, the rental period should be 31 days or less. Trucks, vans, antique cars are not covered under the agreement and also personal injury or intoxicated driving are not covered under this.
8. Mastercard Airport Concierge- You get a 15% discount when you arrange for someone to guide you through an airport so that you don’t miss your flight or fast track you through security.
Lounge with World Mastercard
Travel is always a privilege and with lounge key world Mastercard Holder you can enjoy the following benefits.
- Get Complimentary LoungeKey airport lounge membership
- Get unlimited access/visit charges may apply depending on the country of card issuances over nine hundred lounges, worldwide more than 450 cities over 135 countries.
- Access to business facilities like internet, email, fax machines, conference space in selected lounges
- Complimentary snacks and refreshments
- LoungeKey T&C apply
Click here for All about travel cards in UAE
4. World Elite Mastercard
- You can get exclusive access to discounts on rideshares, online shopping, and other time-saving benefits.
- You can get 5% cash rewards on boxed orders for use on future purchases.
- Get free shop runner membership, the members receive discounts and two-day shipping and free return shipping at hundreds of online retailers. These include Saks Fifth Avenue, Brooks Brothers, Kate Spade, Adorama, 1-800 Flowers and more.
- The World Elite Mastercard provides a complimentary 24/7 concierge service that acts as a relentless personal assistant.
- You can have one fine stay and save 10 percent on thousands of splendid rental homes and villas in cities worldwide.
- You Mastercard elite protects you from everything from identity theft to fraudulent purchases. Mastercard id theft protection, cell phone protection, Mastercard zero liability protection and global emergency services.
About the author
Vinay Kumar Goguru is a finance professional with more than 8 years of diverse experience as a researcher, instructor and Industry work experience with both public and private entities. Prior to MyMoneySouq, he spent 6 years in Berkadia, It's a commercial mortgage banking company. He has a "Doctoral Degree in Commerce" and two master's degrees with a specialization in Finance, one as Master of Commerce and other as Master of Business Administration. He has written several articles on personal finance, published by different International journals. He loves traveling, reading and writing is his passion. He has a dream of writing a book on his favorite finance topics.
