MasterCard World debit card is designed specifically to enable you, as an QIB Private Banking client, to enjoy a more heightened degree of financial control, security and convenience with a complete suite of top benefits. As with all the MasterCard products this one too has earned a good reputation as being amongst the most efficient and convenient financial services available in the market. This card allows you to make purchases at over a thousand restaurants worldwide, over three hundred ATMs as well as participating in online in addition to offline shopping. There are many other added benefits which you can find by enrolling for this card.
One of the major advantages of this debit card is that it enables you to go about your daily business without having to carry cash. All you need is a MasterCard World debit card and the corresponding bank account to fund your purchases. It works just like a regular credit card. You can swipe the card through the reader on the counter or even at the point of sale terminal. The recipient will be informed immediately of the amount you have paid by transferring to his/her bank account.
This card does not use bank accounts. Hence, there are no restrictions whatsoever when it comes to using this globally accepted form of payment. You can use it at any ATM as well as at the world debit card outlets. Thus you can make transactions anywhere. You do not have to get cash withdrawal facilities or any membership fees for using this mode of payment. It works on the basis of zero liability payment.
In case you have an issue or trouble with the mastercard world debit card you can get it serviced by any authorized service provider, who is also an authorized merchant bank. You can avail extended warranty, which will cover your purchase, for a stipulated period. You can pay the cost separately. Some of the services you can avail include repair of any damages that occurred during the purchase and shipping of the product to you.
The world debit card offers you a lot of options, which can simplify your life. For example you can make use of prepaid visa or mastercard gift cards for making payments. You can also set up direct bank transfers from your home computer to any of your bank accounts with the help of the internet. These transfers are restricted to domestic transactions only. However, there is no restriction on the international transactions.
There are several facilities available with the mastercard world debit cards. For instance, you can pay bills online, make purchases online, transfer money and get the balance of your payments at the click of the mouse. The entire transaction is completed within a matter of seconds. You will not be required to go through the traditional financial procedures of withdrawing the money from the ATM.
The debit mastercard does not offer any protection in the event of your credit being stolen. This means that the transaction cannot be reversed even if you have already cleared your bill. For all these reasons the presence of a dedicated customer service helpline is highly recommended. The customer care executives will be able to assist you immediately should your identity theft issue arise.
Most importantly, the mastercard debit card does not provide any protection if your card gets lost or gets damaged. If it is lost or damaged due to a fraudulent transaction, then you will need to get a new one and the cost of such a transaction will be borne by you. If you do not want to spend extra money to get a new one, then you should opt for an extended warranty period. The mastercard global quality watch extended warranty coverage will cover the cost incurred due to damage or theft of the item.