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Home >> Personal Finance >> Debit Card >> Debit Mastercard

Debit MasterCard (MasterCard Debit Cards)

The Debit MasterCard offers autonomous transaction power to customers. The company sells MasterCard debit cards through several partnered banks around the world. However, MasterCard is responsible for providing debit card services to all its customers, irrespective of their personal banking institutions.

With the vision to imbibe technology in financial transactions, the Debit MasterCard aims to foster relationships between financial institutions, retailers and consumers. Through an understanding of international commerce, the company fuels economic links globally.

MasterCard is headquartered in New York, USA. However, its international business operations are regulated through regional offices in almost all developed nations.

MasterCard has three products under the debit card category: the Standard MasterCard, Gold MasterCard and Platinum MasterCard.



Standard Debit MasterCard

Standard MasterCard allows you to pay for utility bills and taxes without the need for cash. It is the standard version of the Debit MasterCard but offers unique features such as:

  • Worldwide acceptance: Debit MasterCard is accepted at millions of locations around the globe. With more than one million MasterCard-powered ATMs worldwide, customers can enjoy easy and convenient financial transactions anywhere.

  • Zero liability: MasterCard allows the customer to choose the services they want to pay for through the debit card. Thus, it reduces the possibility of unauthorized payment through the debit card. A Debit MasterCard holder can immediately report an unauthorized transaction to the customer care centre. However, this facility is available to only those customers with good account standing.

  • MasterCard Global Service: With global network coverage, MasterCard offers 24x7 customer services in multiple languages. Emergency services, including lost or stolen card reporting, card replacement, cash advance and ATM information, are available through the customer care services.

Exclusive Debit MasterCard

The Exclusive Debit MasterCard includes the Gold MasterCard and Platinum MasterCard. Apart from the standard debit card services, these cards offer value added advantages to customers. Special benefits offered by the Gold and Platinum MasterCard debit cards include insurance, such as:

  • Automobile cover: MasterRental insurance offers extended warranty cover on genuine auto mobile parts and road assistance service.

  • Travel cover: This includes insurance benefits against baggage delay, hotel burglary and lost baggage. With the Gold debit MasterCard, you are also eligible for travel assistance services.

  • Shoppers cover: This includes price protection, extended warranty and purchase assurance coverage.

Debit MasterCard uses security code technology to protect your banking account from unauthorized access. Also, Debit MasterCard comes with extensive security features to restrict unauthorized use of your card when transacting with online retailers. Proactive security features make the MasterCard debit cards one of the most secured online transaction instruments.

‘Debit MasterCard’ is a trademark of MasterCard, who can be found at www.mastercard.com.