The new benefits include Cell Phone Protection, Mastercard Easy Savings and Mastercard Business Lounge Powered by Regus. They were introduced to more than 200 of First Bankcard’s co-brand and financial institution business card partners on Oct. 1.
“We’re excited to introduce these three new card benefits to the small business and middle-market business audience,” said Mark Chronister, SVP of consumer product group, in a press release announcing the initiative. “We continually strive to help business owners succeed. First Bankcard is committed to proactively researching and identifying new value-add credit card features and benefits our business customers desire. Our culture enables us to create customized programs and innovative products our card partners want for their customers.”
The new Cell Phone Protection benefit is now available to over 250,000 of First Bankcard’s Visa and Mastercard Small Business, Small Business Secure and VOX business card accounts. The Cell Phone Protection benefit covers theft and damage to a cell phone that renders the cell phone unusable and nonfunctioning (excluding cosmetic damage). The new benefit is automatically provided by First Bankcard, at no additional cost, when business customers pay their monthly cellphone bill with their eligible business credit card. Mastercard Easy Savings is an automatic rebate program that enables participating merchants to provide rebates to eligible First Bankcard business cardholders registered in the program.
Regus Business Lounges are professionally equipped workspaces, with locations available in cities around the world, that offer internet access, administrative support and refreshments for business travelers. For VOX Mastercard cardholders, First Bankcard will pay the annual fee for the Business Lounge program. Cardholders will also receive discounted rates for individual lounge visits.