Upgrade: Mastercard Unveils New Small Business Card Features

Companies change and grow, and your business credit cards should, too. If your financial tools aren’t keeping pace, it can lead to unnecessary obstacles — especially for small businesses. Mastercard is pleased to share that they have added several new features and benefits to better serve their cardholders. These small-business credit cards don’t just give you more buying power and offer peace of mind; they are a proactive way to address future business needs without having to change the way you serve your customers. Here are some of the new tools and perks you can soon enjoy from your Mastercard credit and debit cards.

Safety and Security

Although all cardholders benefit from enhanced and secure card features, the established business is most likely to use them. Mastercard’s Enhanced ID Theft Protection is a welcome perk for cardholders, as a recent survey suggests 60% of small businesses consider this type of program a critical part of their success, even though most don’t monitor cyber threats. With only 25% claiming to have cyber insurance protection, this isn’t just an extra or an add-on; it’s a necessity for keeping business going, uninterrupted, in an often-perilous marketplace.

Mastercard also gives tech-savvy businesses a way to get back to work quickly, even when their phones get lost or damaged. The Cellphone Protection plan lets business owners safeguard their tech when they use their Mastercard to pay their cellphone bill. You might have damaged your phone, but you won’t lose a moment of productivity.


With more than 60% of employees reporting that they manually collect and record business expense receipts, there is an opportunity for improvements at every level of a business organization. The new Mastercard Receipt Management app takes the paperwork — and the guesswork — out of the day-to-day expense process.

Providing best-in-class pricing and discounts on critical Small Business services, such as Intuit’s QuickBooks and TurboTax for accounting and tax preparation, as well as Shoprunner for simplified shipping solutions, is another way Mastercard is making the business of doing business a simpler endeavor. Partnerships with trusted services that business owners already employ create opportunities to keep your favorite tools while reducing the steps it requires to use them. Included in these integrations are generous discounts and special offers for those who may not already be familiar with them.

Travel Benefits

Seeing that many business trips are booked by the small business owner, personally, it’s essential that Mastercard continues to make it simple to place and update reservations, get travel-related rewards and feel supported anywhere they venture.

You may already be familiar with some of the travel benefits, such as car rental insurance, which allows renters to waive the pricey collision damage option offered at the rental counter, while still getting the peace of mind that they need while on the road. The innovative Global Emergency Services program ensures you can get help when and where you need it most. The Mastercard Golf (TPC) Privileges allow you to add some much-needed leisure or networking time to your next work trip. With access to hidden courses and exclusive opportunities to play like the pros, it’s the perfect way to up your business game — and work on that handicap, too.

Additional Features for Small Business Owners

Mastercard continues to listen to customers who would be more willing to use a card that offered rebates and discounts on services they already know and love. The Easy Savings and Easy Savings Premium programs are a response to this need. Business owners get significant discounts on hotels, dining, fuel and corporate services just by using their enrolled Mastercard. There’s no need to file for a rebate; the savings will be automatically applied to your next card statement and can be easily tracked from your rebate dashboard.

Growing Your Business

Whether you’re a new business owner trying to establish yourself with a secured credit card or you have years of corporate experience under your belt, the upgraded Mastercard Small Business card products are designed to respond to the needs of today’s small business owner. You can grow your operations with the confidence that you have the right card for every new milestone in your business journey.

Linsey Knerl
Linsey Knerl
Linsey Knerl is a Midwest-based author, public speaker and member of the ASJA. She has a passion for helping consumers and small business owners do more with their resources via the newest tech solutions and through awareness of industry regulatory changes and tax law.

See all posts by Linsey Knerl
  • All views expressed on the published articles at https://www.mastercardbiz.com are those of each of the authors, and do not in any way represent the opinions of Mastercard International Incorporated or any of its affiliates (“Mastercard”). Mastercard is not responsible of the information contained in these articles.