Mastercard links with several hospitality companies to provide new credit card benefits

credit: Shutterstock
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In a bid to provide more benefits from paying with Mastercard credit cards, the payments giant has announced several new collaborations to extend its rewards and loyalty program. 

Mastercard will deliver new offerings by working alongside Alo Moves, Booking.com, HealthLock, Instacart Business, Lyft , MoviePass, and ResortPass to bring value in areas where consumers and small businesses frequently spend. 

To address the demand for meaningful rewards and benefits, Mastercard has partnered with Booking.com, Lyft and ResortPass to provide benefits that support maximum value across all aspects of a booking and experiencing an overseas trip.

Meanwhile, other new partnerships with Alo Moves, HealthLock, Instacart Business, and MoviePass enable cardholders to save money across wellness memberships, healthcare, online shopping deliveries at home and work, as well as movie theatre subscriptions. 

Seema Chibber, Executive Vice President of North America Product and Engineering at Mastercard, said: “From savvy shoppers to ambitious entrepreneurs, Mastercard provides a full complement of valuable benefits to help cardholders simplify their daily routines, fuel their passions, and enhance their lifestyles. 

“In today’s dynamic market, credit card rewards and benefits remain pivotal for consumers and small businesses, offering unparalleled value and financial flexibility, while driving loyalty and responsible spending.” 

According to Mastercard research, 87% of American consumers say they look forward to redeeming their credit card rewards. Also, the prospect of rewards influences most consumers’ purchasing decisions. 

Additionally, Mastercard consumer and small business cardholders will also receive benefits from Mastercard’s new partnership, and continued partnerships with Instacart, Lyft, Peacock, ShopRunner and others.