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HEADLINERS

Bankard Bares Card Protection Measures

The convenience of credit cards are obvious ... so are the risks. Many people are fearful of fraud when using the card, or damage to goods purchased with it, leaving them stranded with bills for ruined items. Bankard addresses these concerns with its two innovative credit and protection programs.

For a nominal fee of P1,000, Bankard Card Protection Plus! shields cardholders from fraudulent billings beginning on the date of reporting the loss of card.

Bankard Purchase Protection Plus!, on the other hand, allows cardholders to claim for items bought with the card, then damaged by such events as flood, earthquake or fire. Both programs provide Credit Life Protection, which waives a cardholder’s outstanding balance up to the credit limit of P200,000, whichever is lower, in case of death.

In addition to the Bankard Card Protection Plus! program, Bankard is applying additional identifying marks to ensure the integrity and security of the cards it issues. Bankard recently transferred its system to SEMA Group of Hong Kong to further improve its delivery service and the security features of its cards.




 





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