After adding perks for personal cards, Mastercard is also improving benefits for business cardholders. The new small business program, available to Mastercard Business and World Elite card holders, offers discounts to services like QuickBooks and TurboTax and expands the Mastercard Easy savings program. Savings are applied automatically which means no need to worry about points redemption or piling up bonus points. These benefits will be available for cards such as CitiBusiness / AAdvantage Platinum Select World Mastercard, JetBlue Business Card and more.
New Benefits
- Intuit QuickBooks® Online: QuickBooks provides small businesses and individuals a smarter way to manage their business. The platform helps businesses make smarter decisions, create smart connections and manage cash flow – everything from invoicing to payments to capital – to run their business. Cardholders will receive between 40 and 50 percent off a 12-month subscription of QuickBooks Online (Simple Start, Essentials, Plus, or Advanced) or QuickBooks Self-Employed for small business owners and individuals. Additional benefits will be available exclusively to Mastercard small business cardholders.*
- Intuit TurboTax®: TurboTax offers the best year-round tax solution that serves the Self-Employed. With TurboTax Self-Employed, taxpayers can uncover industry-specific tax deductions so they can be confident they are getting every dollar they deserve. Taxpayers who are self-employed can also connect live to a TurboTax Live CPA or Enrolled Agent to get personalized tax advice or have their return finished, signed and filed. Eligible small business cardholders will save up to USD 20 on TurboTax federal tax products.
- 24/7 Business Assistant: A comprehensive, personalized assistance that provides access to key business services, such as locating tech support or a recruiting service, arranging client dinners, securing a meeting room, or purchasing gifts.
- Mastercard ID Theft Protection™: Cardholders will have access to enhanced Mastercard ID Theft Protection™ to monitor their personal and business information. Additionally, cardholders have access to a team of identity theft resolution specialists, available online 24 hours a day, seven days a week, 365 days a year to help resolve any identity theft incidents that may occur.
- Mastercard Easy Savings®:A program that provides eligible cardholders access to automatic savings on every day expenses from travel to dining and business services. Mastercard already has many merchants providing instant value to cardholders today and is enhancing Easy Savings further by adding premium merchants to the program. So whether you’re recruiting for your business with Monster.com, booking a car with Avis, dining at Flemings or fueling up with Shell your savings will be applied automatically. A full list of everyday savings can be found here.
- Cell Phone Insurance: Cardholders will be eligible for Mastercard Cellular Telephone Protection when they charge their monthly telephone bill to their Business Mastercard. This benefit covers stolen or damaged mobile phones as well as cosmetic screen scratches.
- Mastercard Receipt Management: In partnership with Itemize Corp, Mastercard will provide a mobile app to help small business cardholders track paper and digital receipts, capture key purchase data, categorize their expenses, and view/export customized reports. With this offering, keeping track of receipts on the go, separating personal and business expenses for tax purposes, and exporting information to business accounting systems just got a whole lot simpler.
You can read the full press release here.
