MasterCard Priceless music is a promotional program that runs on all MasterCard debit cards. It offers a number of exclusive opportunities to get music tickets and enter music related competitions.
The program is open to MasterCard debit cards. Although there are a number of debit cards offered by different banks, if they have a MasterCard logo then they will be eligible to join the scheme. MasterCard is the second largest debit card operator in the world, and it offers a number of other benefits for using a MasterCard Debit card.
The program is not open to credit card holders unless they also have a debit card. Debit cards are different from credit cards in that although they have the ability to pay using the credit card system (including for online, mail order and telephone ordering) there is no ability to build up a credit balance together with a high interest rate.
Although this program is open to any debit card holder, it is necessary to register online. This can be done at the MasterCard site.
There are a number of competitions that can be entered, which tend to offer music related prizes which can often include foreign travel and the chance to go backstage and meet band members.
The music program also opens a number of promotions aimed particularly at members of the program. These can include advanced access for tickets and an email newsletter that lets people know when acts are touring Australia.
MasterCard is accepted all over the world, with almost 30 million shops and service providers accepting MasterCard credit and debit cards. It also has an automatic currency conversion that means that goods can be bought in a foreign currency and the amount will be charged in Australian dollars to the bank account.
MasterCard also has a zero liability guarantee. In practical terms this means that a debit card user will not be held liable for any unauthorised transaction on a debit card, whether this transaction is through theft or fraud. It relies on the user to tell the bank that provided the card within a relatively short period of time that the card was used in an unauthorised way, as well as the card holder not contributing to the transaction, by for example lending the credit card out. Lost or stolen cards can be reported using a toll free number which is available in a large number of countries and is staffed 24 hours a day.