Switch from Business Visa to Mastercard Business Essential

Discover the benefits of the revamped credit card

Switch from Business Visa to Mastercard Business Essential

Discover the benefits of the revamped credit card

Need a credit card for your business?

KBC stopped offering Visa cards in June 2017 and is now concentrating solely on Mastercard®.

Find out which card suits you best by quickly compare the Mastercard Business Essential, Extra and Prepaid cards!

Already got a KBC Business Visa Card?

Your Business Visa card will soon be replaced automatically by a similar one from Mastercard®. Therefore, you don’t have to do anything.

However, you can continue using your current card as usual until you receive your new card and use it for the first time.

We're giving our KBC business credit cards a new look when we replace our Business Visa cards with Mastercard® Business cards. Good to know: you'll also be able to pay contactless with these new cards.

What does that mean for holders of Business Visa cards now?

Switch from Business Visa to Mastercard Business Essential

Well, your Business Visa card will be replaced by a new Mastercard Business Essential card.

What stays the same?

  • Your PIN
  • The settlement date
  • Your credit facility (if you had one)
  • Your card limit
  • The fee you pay for your credit card
  • The insurance linked to your credit card

What will change?

  • Your card number
  • The expiry date
  • Your three-digit security code
  • You can now pay contactless

You can continue using your current Business Visa card until you receive your new Mastercard-branded business credit card and use it for the first time. Therefore, you don’t have to do anything.

You could use your new card for the first time when paying in a shop, withdrawing cash from an ATM or paying online with your card reader (confirming a purchase via MobilePay is not enough).

If you still have an outstanding credit balance on your Business Visa card, we'll transfer it automatically to your new KBC Mastercard Business Essential Card.

Your Mastercard Business Essential card, accepted worldwide

One of the benefits of our business credit cards is that they're accepted worldwide. The switch from Visa to Mastercard changes nothing in that respect.

Mastercard is accepted in 210 countries, just like Visa. You can see where you can pay with your new card in the map below.

Mastercard is accepted in 210 countries, just like Visa.

When will my Business Visa card be replaced?

  • Option 1: Your current Business Visa card expires before May 2019
    We will replace it before the expiry date.
  • Option 2: Your current Business Visa card expires after May 2019
    You will receive your new credit card early. We will inform you in good time as to when exactly that will happen.

Should your Business Visa card get lost, stolen or damaged in or after May 2018, it will be replaced automatically by a new KBC Mastercard Business Essential Card.

Some frequently asked questions and their answers:

Why are the Business Visa cards being withdrawn?

We are trying to simplify our offering as much as possible and, therefore, have decided to work exclusively with Mastercard. We will cease working with Visa on 31 March 2019.

As a result, all KBC credit cards will bear the Mastercard logo in future.

Where can I find product information on my old Business Visa card?

In the product fact sheet for your old Business Visa Credit Card. Tap or click here to download the PDF.

What will replace my Business Visa card?

If you hold a Business Visa card, it will be replaced by a Mastercard Business Essential card.

How does the new Mastercard Business Essential card differ from the Business Visa card?

  • The new card will have a Mastercard logo on it instead of a Visa logo
  • There are no major differences in either of the card acceptance networks. Mastercard is accepted in 210 countries, just like Visa
  • You can pay contactless with the new Mastercard Business Essential card
  • When your Business Visa card is replaced by a Mastercard Business Essential card, you also get a new card number. So, remember to update your payment details for services or subscriptions paid for using your business credit card (such as Netflix, your Apple ID, PayPal, etc.)

Do I get a new card number?

Yes, you do. The number on your Mastercard Business Essential card differs from the one on your Business Visa card. So, remember to update your payment details for services or subscriptions paid for using your business credit card (such as Netflix, Apple ID, PayPal, etc.).

Do I get a new PIN for my card?

No, you don't. The PIN you chose for your Business Visa card can still be used for your new Mastercard Business Essential card.

Other useful facts

Are there any other benefits attached to Mastercard?

Yes there are a number, including:

I've made a reservation (to rent a car) using my Business Visa card. Since then, my card has been replaced by a Mastercard Business Essential card. What should I do?

Because the number for your Mastercard Business Essential card is not the same as your Business Visa card, you will have to change your card number in any reservation already made.

Where can I pay contactless with a Mastercard Business Essential card?

At payment terminals in Belgium and abroad displaying the contactless payment icon.

Do the settlement dates for my transactions and for repaying them remain the same?

Yes, we only replace your card. Settlement is carried out in the same way and at the same time as before.

Will my card fee change?

No, it stays the same with your new Mastercard Business Essential card.

  • 15 euros a month with a KBC Business PRO, KBC Business Compact or KBC Business Convenience
  • 21.96 euros a month with a KBC Current Account, KBC Business Account or KBC Law Office Account

I received a new card, but have forgotten my PIN. What should I do?

Contact your KBC branch or KBC Live. A member of staff there can arrange for you to choose a new PIN at an ATM or for a new one to be posted to your home address.

What if I don't want a Mastercard Business Essential card?

You can always cancel your Business Visa card by contacting your KBC branch.

It may be that your Mastercard Business Essential card has already been sent to you, but we will disable it as quickly as possible if you've cancelled it.

What happens if your Business Visa card has been lost or stolen?

Should your Business Visa card get lost, stolen or damaged in or after May 2018, it will be replaced automatically by a new KBC Mastercard Business Essential Card.

When will my credit card be replaced?

That depends on when your current Business Visa card expires:

  • As from April 2018, any Business Visa credit cards that reach their expiry date will be replaced automatically by a new Mastercard Business Essential card
  • Any KBC Business Visa Cards that expire after May 2019 will be replaced early by a new Mastercard Business Essential card either during 2018 or at the start of 2019
  • After March 2019, the Business Visa credit card will be replaced by a Mastercard Business Essential card

My Business Visa credit card expires before May 2019. When exactly will my card be replaced?

You will receive a new Mastercard Business Essential card roughly two months before the expiry date on your  Business Visa card.

My Business Visa credit card expires after the end of May 2019. When exactly will my card be replaced?

Your Business Visa card will be replaced before its expiry date by a Mastercard Business Essential card sometime between May 2018 and March 2019.

You will be informed as to when exactly your card will be replaced. You can then expect to receive your new credit card about a month after being notified.

How does contactless payment work with the new Mastercard Business Essential card?

You can make contactless payments for amounts under 25 euros. Just hold your Mastercard Business Essential card close to the side of the payment terminal and look at the screen to see whether payment has gone through. You don't even have to enter your PIN.

You only have to enter it for payments over 25 euros or after you've made contactless payments totalling 50 euros.

Tip: Insert your new Mastercard Business Essential card into an ATM and select the preferred language to activate your card. 

We will inform you as to when exactly your card will be replaced. You can then expect to receive your new credit card about a month after being notified.

See the countries where you can pay with your new KBC Mastercard Business Essential Card

Attention, borrowing money also costs money

The KBC Mastercard Business Essential is a credit card issued by: KBC Bank NV, with registered office at Havenlaan 2, 1080 Brussels, Belgium, VAT BE 0462.920.226, RLP Brussels, FSMA 026256 A.

KBC Flex Budget is an open-ended credit facility linked to the KBC Mastercard Business Essential and used as an additional means for drawing credit.

Lender and credit card issuer: KBC Bank NV. Subject to your card or credit application being approved by KBC Bank NV.

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