Not often do you see a debit card that can be of equal benefit to business debit card and personal debit card users. The HSBC MasterCard debit card provides just that. This article will highlight the benefits of this card to both user groups.
HSBC MasterCard debit card is a novel product in the market. While being a debit card it has many of the features of a credit card as well, something that cannot be said to be applicable to most other debit cards currently on offer. You can derive the maximum benefits from this card as a business debit card user, but the inherent flexibility and ease of use that is built into this card makes it equally efficient as a personal debit card.
The HSBC MasterCard debit card is primarily targeted to small and medium businesses. Many business owners feel the need to provide their employees with a company credit card. This enhances the credibility and status of the employer, and fosters greater employee loyalty. If the card can be embossed with the business name then there are additional marketing benefits to be gained via this branding opportunity.
But maintaining credit cards for employees can be expensive for the business, which involves credit limits and other overhead expenses. A suitable alternative is a business debit card. With this debit card, there are no transaction fees and no monthly fees either. This immediately translates to a substantial amount of savings for the business. There is also the option to print the business name on the cards, so businesses don’t miss out on the branding opportunity.
If you are a business owner, you will appreciate the flexibility of this card. You can provide subsidiary cards to any number of employees of your choosing, and they will all have individual PINs and separate card accounts for easy maintenance. Cardholders can make use of BPay and Business Internet Banking systems without your express intervention.
Employees also gain access to the 24hr Roadside Assist service, available from the MasterCard RoadAssist program. In addition to this there are numerous complimentary insurance offers available to cardholders, including rental insurance, purchase protection, and extended manufacturer warranty.
The HSBC MasterCard debit card is also perfect as a personal debit card. While some of the business debit card features will not be applicable for personal debit card users, cardholders do get access to the MasterCard Applause program, which gives them exclusive savings on Arts and Entertainment offers. And with this debit card, you are always assured of the best security features protecting you from card fraud and scams, due to the MasterCard Zero Liability Guarantee.
