MasterCard subsidiary, Access Prepaid Worldwide announces a new partnership with British Airways to launch a new Executive Club Multi-currency Cash Passport™.
The partnership will allow British Airways Executive Club members to earn more Avios points, receiving one Avios point for every £1 loaded (or reloaded) onto the card. The travel card, which is available now, offers a more convenient way to make payments for Executive Club members who travel to different countries as only one card is needed for payment across certain continents and currencies.
The Executive Club Multi-currency Cash Passport™ card works with the option to load up to seven currencies while locking in the exchange rate at a point in time. When used in market, the card intelligently selects the local currency to ensure the best rate. If the local currency is not on the card, funds are used from other currencies loaded to ensure the transaction is approved. The chip and PIN enabled BA Executive Club Multi-currency Cash Passport™ will hold seven currencies; EUR, GBP, USD, AUD, CAD, NZD, and ZAR.
Steve Grigg, President at Access Prepaid Worldwide, stated: “Building on our partnership with Avios, we are delighted to offer BA Executive Club customers our Multi-currency Cash Passport™. Not only does it provide a safe and secure way to carry your currency overseas, but will also allow members to collect more Avios. With smart wallet technology, the ability to hold seven different currencies on one card and the back-up of our in-house team of friendly and expert staff 24/7, we look forward to seeing BA Executive Club customers reap the benefits of this card.”
Marion King, UK & Ireland President at MasterCard, said: “We are proud to be working with British Airways to offer their Executive Club customers the convenience to make safe and secure payments in many different countries, using one card. The MasterCard, Access and British Airways collaboration through the Executive Club Multi-currency Cash Passport™ product demonstrates our commitment to progress within the airline arena. Our subsidiary Access Prepaid Worldwide has been instrumental in the innovation and market-leading solution which will make the Executive Club Multi-currency Cash Passport™ a huge success.”
Ian Romanis, British Airways’ Head of Loyalty, said: “We are always looking at new and innovative ways to improve the service we offer British Airways Executive Club customers and are sure the Multi-currency Cash Passport™ card will provide even greater flexibility when travelling overseas for business or leisure.”
