Monday, November 23, 2015

Types of Cards (Advanced) - MasterCard

Picture is Copyright of MasterCard

Tribute ($300 Card Limit):

    This is ideal for individuals with poor credit scores who wish to begin the process of rebuilding their credit rating. It begins at a $300 limit and can be increased over time with on-time payments and avoiding overdrawing the credit line.


ATM Only:

    When you open an account with a bank, many offer the option of having an ATM only debit card from MasterCard. This offers the cardholder an option to use their debit card as thousands of locations worldwide.


Cirrus:

    This feature that MasterCard holders can use links their bank with over banks domestically as well as internationally. A Cirrus cardholder can perform transactions at any Cirrus ATM worldwide, sometimes for a fee.


Electronic:

    This card feature is only good for electronic purchases, meaning those made online or through online retailers. It cannot be used in traditional brick and mortar stores.


Gift:

    MasterCard Gift Cards have become exceedingly popular as a gift idea for any number occasions including holidays, birthdays, graduation and other events. It can redeemed and used at any retailer or location that accepts MasterCard debit cards.


Gold:

    The popular card of MasterCard offers its members protection against fraud as well as insurance and coverage for a host of potential traveling headaches including baggage delay insurance as well as auto rental insurance. It is in the same family as the MasterCard Platinum card.


Maestro:

    MasterCard's premier international debit platform, this option was designed for MasterCard's European consumers (but now international) and works in much the same way as Cirrus in that it allows MasterCard customers access to ATM and retailers around the world, in more than 100 countries.


Standard:

    The basic, entry level card in MasterCard's line of credit cards, the Standard MasterCard can be used in millions of retailers worldwide and offers Zero Liability Protection and access to MasterCard's Global Service which is basically emergency service twenty-four hours a day from anywhere in the world.


Platinum:

    Offering many of the same features as MasterCard's Gold Card, the MasterCard Platinum takes these features one step further for its customers. With generally better interest rates and access to cash advances, the MasterCard Platinum is ideal for the average professional whose needs are always on the go.


Prepaid:

    MasterCard Prepaid cards offer their customers the option to 'load' money into their account so that they have access to their money using their MasterCard logo card at millions of retailers worldwide. Safer and more convenient than cash, the Prepaid MasterCard is ideal for consumers who have trouble obtaining credit.


World Signia (now is World Elite):

    The World Signia (World Elite) MasterCard was designed for its most demanding customers and is the elite card in MasterCard's prestigious family. With personalized support when traveling worldwide, as well as availability for cards to share with your family, the World Signia Mastercard is the cream of the crop of cards.

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