Sacombank Mastercard cards get more protection features - ‘purchase protection’ and ‘ATM protection’. (Photo courtesy of the bank)
HCM City (VNS/VNA) - Sacombank and Mastercard have collaboratedto offer ‘purchase protection’ and ‘ATM protection’ features in their paymentcards.
Purchase protection offers cardholders protection from theft andaccidental damage within 180 days from the date of use, whether shopping onlineor in person at a store, with a cover of up to 2.25 million VND (97.15 USD) perclaim per year.
ATM protection offers reimbursement if a cardholder is robbed within 30minutes of withdrawing money at any ATM world-wide, including first-aid costsfor 12 hours if they suffer injuries due to the robbery, also with a limit of 2.25million VND per claim per year.
Sacombank Mastercard payment cards will be automatically registered forthese two insurance features for free.
They already came with two other features: ‘ID theft protection – alert’and ‘e-commerce protection,’ and with these four features, cardholders arefully protected both in terms of personal information and card transactions.
To make a claim, cardholders only need to log in and submit a claim withrelevant documents at //vn.mycardbenefits.com/.
From now through December 31 this year, when obtaining a new SacombankMastercard payment card or converting from a domestic payment card (magneticcard) to a Sacombank Mastercard payment card (chip card), the annual fee andATM withdrawal fee are waived for the customer for the first year.
Also waived are fees when transferring money to accounts and domesticcards using Sacombank Pay until July 31.
The Sacombank Mastercard payment card is linked to customers’ currentaccounts opened at the bank. Using the card they can use the money in the accountto make payments at any time anywhere, pay for purchases at POS/mPOS machines,pay online, and withdraw cash at all Sacombank ATMs nationwide, and get up to50 percent discounts when dining, shopping, and travelling./.
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Sacombank Mastercard cards get more protection features - ‘purchase protection’ and ‘ATM protection’. (Photo courtesy of the bank) 
