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Natwest Expands Merchant Savings Programme to Business Debit Card Customers, to Save More SMEs Money

UK-based NatWest Bank has extended access to Business Savings from Mastercard to its business debit card customers, in a move to provide more savings to small businesses. 

Business Savings is a merchant discount programme provided by Mastercard which gives small business customers access to merchant offers when paying with an eligible Business Mastercard at merchants participating in the programme.

The programme is already available to NatWest and RBS business credit cardholders and from this month it will also become available to business debit card users.

Andrew Harrison, MD customer goals and journeys at NatWest
Andrew Harrison, MD customer goals and journeys at NatWest

Andrew Harrison, MD customer goals and journeys at NatWest, commented: “Cost savings are front of mind for all businesses but especially smaller businesses, which is why we are offering this simple solution to help reduce elements of those costs. We are delighted to be able to offer a feature that is common among personal card users to businesses.

“Across NatWest, RBS and Ulster Bank we have around a million business debit cardholders in the UK who will now be able to save as they spend through Business Savings from Mastercard.”

All cardholders with an eligible business debit card product are automatically enrolled in the programme. There is no requirement for cardholders to register, but they can opt-out.

Backing small businesses

The programme offers a large selection of over 1,000 merchant offers available including; LUX rewards (a range of merchant offers across hospitality, hotels, business tools, entertainment and more), McAfee, Heathrow Express, Dropbox, Avis and Microsoft Advertising, and additional offers will be added as new merchants are enrolled in the programme by Mastercard.

Simon Forbes, senior vice president at Mastercard, also commented: “Small businesses drive the UK economy forward. That’s why we’re proud to support NatWest in bringing this savings programme to a million cardholders, without additional cost or hassle.

“By providing cashback on offers and services which are directly focused on small businesses, our Business Savings programme provides entrepreneurs and aspirational business owners with the tools they need to thrive.”

Merchant offers are longstanding, and the automatic cashback is available regardless of the channel cardholders use to make a purchase. Offers are small business focused and range from car hire to web search advertising.

The commercial card products with access to Business Savings from Mastercard are:

  • NatWest and RBS Business Credit Card
  • Business Plus Credit Card
  • Business Charge Card
  • Business Debit Card for NatWest, RBS and Ulster Bank business customers

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