Security Bank MasterCard Corporate Card offers your company the following
benefits
Flexibility in managing expenses. You choose the billing cut-off best suited
for your company, set your own spending criteria through spending limits and customize
MIS reports.
Greater Control. Provide easy access to considerable data regarding where
the card was used and details about what was purchased. Itemized spend analysis
helps you manage your travel policies and negotiate preferential terms with key
suppliers.
Cost savings. Eliminate costly cash advances and per diem. Streamline
administrative procedures reducing man-hours spent for checking and validating expense
reports resulting in increased savings for the company.
Simplified compliance to BIR’s ruling on expanded withholding tax.
Purchase of goods and services made using company-issued credit cards are not subject
to any withholding tax (BIR Revenue Memorandum Circular 72-2004, Nov 16, 2004).
Using Security Bank Corporate MasterCard then allows your company
to do away with the difficulties associated with the process of withholding tax.
*Note: Provision applies provided no interest payments, service fees
or other charges are imposed by the credit card company on these purchases.
Rewards. Earn 1 point for every P30 valid purchase charged on your
card. Points earned can be exchanged for annual fee waivers, airmiles, gift certificates.
Get access to an award winning expense system that allows more control, convenience
and cost savings. Through SmartData, you can integrate MasterCard data into your
existing accounting and ERP systems. It is a tool to drastically reduce the cost
of processing expense reports and reconciling transactions. All you need is internet
service and a standard web browser to view directly on your PC detailed data from
card transactions. With SmartData, you can see at a glance all the spending details
that matter.
What’s more, your employees will experience:
Superior Acceptance. The Security Bank Corporate MasterCard
is accepted in over 29 million locations throughout the world. No other card offers
greater acceptance, meaning employees can travel with confidence.
Easy Access to Cash. Cash advance of up to 50% of credit limit
through the MasterCard ATM network worldwide and the Security Bank, Bancnet and
Megalink local ATM network eliminates the need to carry large amounts of cash
Employee Insurance Protection. By using the Security Bank Corporate
MasterCard, employees automatically benefit from a wide range of insurance
such as Travel Insurance, Delayed Flight Insurance, Lost/Delayed Luggage Insurance.
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