Corporate MasterCard

The Corporate Connections MasterCard brings a new level of efficiency to corporate card use and reporting, assisted by internet technology which provides the ability to monitor card usage and expenditure.

When it comes to business purchasing, travel and entertainment, choosing the right credit for your organisation is critical. That is why the new Corporate Connections MasterCard has been developed to provide so much more than simply the purchasing efficiency and global acceptance you would expect from a corporate card.

Take a look at our demonstration to see how MasterCard Connections Online can help make your credit card management easier.

Convenience

MasterCard acceptance

To meet the needs of our Corporate & Business Bank customers, St. George Corporate Connections MasterCard gives you worldwide acceptance for purchases, entertainment, travel, cash advances & ATM withdrawals.

MIS Reporting via MasterCard Connections Online

MasterCard Connections Online can help make credit card management easier. This internet-based management system provides sophisticated reporting and management options featuring details of all card expenditure and transactions.

Online reporting makes expense reconciliation, monitoring and auditing easier than ever before. Up to 20 different reporting functions are available, delivering a new level of control over card use and management.

MasterCard Connections Online helps beat the paper chase for you and your staff. Key functions and features include GST management capabilities, individual cardholder access for transaction authorisation and reconciliation, and the ability to download data and interface with compatible financial systems.

Take a look at our demonstration to see how MasterCard Connections Online can help make your credit card management easier.

One card convenience

Our one card strategy gives you the convenience of making a variety of purchases from general procurement & purchasing to travel & entertainment.

No limit to the number of cards

Provided you remain within your overall facility limit, there is no limit to the number of cards available to employees within your organisation.

Up to 35 days interest free

Your suppliers enjoy almost instant payment while you can benefit from an interest free period of up to 35 days after purchases, allowing you to spread the cost of purchases over the month.

Automatic payment from any bank account

Save time and effort on paperwork with the convenience of automatic monthly payments. At the end of every month St. George automatically debits the total balance of card transactions to your nominated account.

Purchases up to the cardholder available balance

Cardholders will be able to obtain cash advances and make purchases up to the available balance on their card. We provide you with the flexibility to set individual cardholder credit limits and daily ATM cash withdrawal limits.

Additional deposits

Additional deposits to card accounts can be made via B-Pay, or over the counter at St. George or Bank SA branches.

Interface with Financial Management systems

You won't need special software to integrate MasterCard Connections Online into your existing accounting system. It lets you or your staff transfer data electronically, saving hours of administrative time each month. If required, all transactions can be allocated a general ledger code and/or a project code. For maximum efficiency, reports and data can even be downloaded, if required, into your organisation's own financial management system.

Control

Individual monthly credit limits

We provide you with the flexibility to allocate cards to selected employees and set their individual credit limits (between $500 and $250,000).

ATM cash withdrawal limits

ATM cash access is available throughout the world with each cardholder using their own Personal Identification Number. Daily ATM cash withdrawal limits can be specified for each cardholder between nil and $2,000.

Hierarchy management control

MasterCard Connections Online uses a hierarchical reporting structure. The hierarchy groups cardholders, departments, or divisions for the purpose of running reports, exporting transaction data and reviewing transactions. The administrator will have the highest level in the hierarchy and will have access to all levels, including supervisors and accounts.

Control on cardholder spend

You have the ability to control cardholder spend by monitoring cardholder expenditures, reviewing reports that summarise all card transactions, purchases at specific merchant types, and so on. Reports can be scheduled to run at whatever frequency you require - eg. daily, monthly, weekly, quarterly etc.

Authorise transactions online

Cardholders can check and authorise transactions via MasterCard Connections Online as frequently as required. They can split transactions online if they are for multiple purposes (eg. lunch bill - part FBT and part not) or for general ledger allocation across multiple cost centres.

Security

Security access to MasterCard Connections Online

You have the ability to create a secure access hierarchy, so that transaction and account data can be shared throughout your organisation with appropriate levels of security access.

Complimentary liability and travel accident insurance

Liability / unauthorised use insurance is included at no extra cost, protecting your organisation from employee misuse or fraud. Up to $20,000 per individual cardholder and up to a maximum of $150,000 per overall facility. Transport Accident Cover is provided to cardholders while travelling as a passenger on a licensed plane, tourist bus, train or ferry when the ticket is purchased on their Corporate Connections MasterCard.

Need More Information?

If you would like to find out more about our St George Corporate Connections MasterCard, please e-mail us at stgeorgeibb@stgeorge.com.au