Cirrus Maestro and Mastercard

Loyal Bank is a Principal Member of MasterCard International.

MasterCard is a global financial services corporation that has historically provided innovative programs and services to its over 23,000 financial institution members in over 220 countries and territories.

MasterCard debit programs - Maestro/Cirrus® and MasterCard® - provide the foundation for one of the industry's most comprehensive Automated Teller Machine (ATM) and Point-of-Sale (POS) card enhancement programs.

Loyal Bank holds the license to issue USD$ and EUR€ denominated Cirrus/Maestro and MasterCard debit cards. The debit Bankcards issued by Loyal Bank have the name of the cardholder or employer or both engraved on it. All cards are linked to the cardholders' account.

Cirrus/Maestro can be used worldwide at merchants and at over 1,000,000 ATM cash machines where the Maestro/Cirrus or MasterCard logo or brand mark is displayed. Due to the platform it runs on it cannot be used for internet purchases or pre-authorisations (such as hotels or car hire).

Loyal Bank discontinued issuing new Cirrus/Maestro branded debit cards effective from 1st of April, 2016, however all existing cards remain fully valid and are usable until their expiry date. Instead of Cirrus/Maestro cards Loyal Bank offers Contactless MasterCard debit cards and Platinum MasterCards exclusively for its private and corporate clients. For more information, please contact our customer services team.

Please click here to locate your nearest ATM.

If you would like to use your Loyal Bank Bankcard for online purchases or pre-authorisations (such as hotels or car hire) we offer a MasterCard debit card which is accepted at millions of locations worldwide wherever the MasterCard Brand Mark is displayed. This card allows you to make purchases at the point of sale, on the internet and at mail order/telephone order merchants. You can also use it at all ATMs.

For related fees and charges please click here.


Comparison matrix

  USD or EUR denominated MasterCard debit Bankcard USD or EUR denominated Cirrus / Maestro Bankcard

Where can you use it?

Worldwide

worldwide

Linked to customer's account

Yes

yes

Additional bank card

Yes

yes

ATM cash withdrawal

Yes

yes

POS purchase

Yes

yes

MasterCard Global Services

Yes

no

Internet purchase

Yes

no

Mail order/Telephone Order (MOTO)

Yes

no

Reservations/ pre-authorizations (hotels or car hire etc.)

Yes

no

POS purchase limit

USD 25,000 / EUR 25,000 /day

USD 2,000 / EUR 2,000 / day

ATM cash withdrawal limit

USD 2,000 / EUR 2,000 /day

USD 2,000 / EUR 2,000/ day

POS transaction limit ( times per day )

10 / day

5 / day

ATM transaction limit ( times per day )

5 / day

5 / day

PIN-based

Yes

yes

Signature-based

Yes

no

MasterCard, Cirrus and the MasterCard Brand Marks are registered trademarks of MasterCard International Incorporated.
Maestro is a registered trademark of MasterCard International Incorporated and affiliates.