MasterCard® BusinessCard™
The MasterCard® BusinessCard™ is designed specifically for the small business owner.
Can your business have greater flexibility? Newer, smarter ways to make payments? More efficient, organized solutions to manage your cash resources?
The new Peoples Bank MasterCard® BusinessCard™ is the answer....yes, yes, and yes!
Empowering you with the acceptability of MasterCard® (over 24.2 million locations worldwide), the BusinessCard™ is an ATM and debit card that reduces the need for cash or checks, has no monthly payments or finance charges and greatly increases your money management capabilities. As a small business owner, you will certainly enjoy the safety and record-keeping benefits of a credit card with the immediacy of cash, all rolled into one in the BusinessCard™ from Peoples Bank. You'll find it an incredibly convenient and flexible tool for your business needs. Apply today!
User Benefits:
- Easier than cash.
- More convenient than checks.
- Separation of personal and business expenses.
- Better control with automatic record-keeping.
- Best of both worlds.
- MasterCard® SecureCode™ program.
Added Value Features:
- MasterRental® Insurance
- Purchase Assurance®
- Extended Warranty
- Travel Assistance Services
- MasterCard® VAT Reclaim Service
- MasterCard® Global Service
Fees & Limits
- No annual fee;
- Checking account fees remain the same.
- No fee for ATM transactions at Peoples Bank machines. $1.00 per withdrawal at other locations, plus any surcharge imposed by the foreign institution.
- 24/7 withdrawal.
- The following fees and assessments* implemented by MasterCard® went into effect on July 10, 2006.
- The Cross-Border Assessment is an expense related to processing the foreign transaction so that it is properly routed back to the United States. The current calculation of this fee* is .8% (80 basis points) of the total transaction amount.
- The Currency Conversion Assessment is an expense related to the conversion of the transactions into US currency. This fee will only be applied if the transaction requires currency conversion; however if currency conversion is not required this fee will not be assessed. The current calculation of this fee* is .2% (20 basis points) of the total transaction amount.
Security & Fraud Protection
Due to the increased amount of fraud in foreign countries, Peoples Bank has blocked ATM/Debit activity in the following countries:
Romania, Ukraine, Nigeria, Bulgaria, Turkey, Belgium, Latvia, Philippines, Vietnam, Pakistan, Russia, Montenegro, Serbia, and Bahrain.
*Fee terms and conditions are subject to change at any time.