First Direct has signed a multi-year debit card agreement with Mastercard. Customers will begin receiving Mastercard debit cards in Q1 2021, and existing customers will be migrated gradually during the course of 2021.
This Partnership will enhance digital benefits for first direct customers, including card controls and functionality, as well as exclusive offers, and a new rewards/loyalty program.
A spokesperson for first direct, said: “first direct has selected Mastercard as its partner for its Debit card portfolio. We’re really excited by the opportunities and services this will provide to our 1st Account customers. We’ll be letting customers know more about the benefits closer to the time.”
Each Debit Mastercard supports Purchase with Cashback – and can be used for cash withdrawals and balance enquiries at ATMs.
Kelly Devine, UK and Ireland Division President, Mastercard: “We are excited to be working with first direct to bring new and customer centric functionality to their 1.6 million debit cards. For us, this partnership is further proof that Mastercard’s debit card solutions offer all the flexibility, security and convenience banks and their cardholders require in today’s digital age, and we welcome first direct to the expanding list of innovative banks choosing to issue debit Mastercard in the UK.”
Debit Mastercard is underpinned by safety and security features to reassure customers when they use their card for everyday spending.That means they won’t be held responsible in the event that someone makes unauthorised purchases with their card.
