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Credit Card Balance Protection is an optional benefit available on your MasterCard Credit Card. Features include:
- Protection if your earnings are affected by job layoff, involuntary dismissal, disability, illness or accident
- Payment is made on your MasterCard account until you return to work, up to $10,000
- In the event of loss of life, your entire account will be paid off, up to $10,000
- Premium is 80 cents for every $100 of outstanding balance
- You do not pay a premium if you do not carry a balance
For further details on credit card balance protection, visit our MasterCard site.
Check with individual Credit Unions for product availability.
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