Bank of America introduces credit card for business travelers

Thursday 5 August 2021 12:50 CET | News

Bank of America has announced it is adding a commercial credit card for on-the-go business people in a bet that work travel will eventually return.

The new Executive Explorer card will offer statement credits for travel perks such as expedited security clearance at airports and insurance for lost or delayed luggage. As much as USD 5,000 in baggage claims will be covered. The company also expanded its mobile offerings with an app that lets customers to check their balances, temporarily lock their cards, and access other information from their smartphones.

The Executive Explorer cards will be available to Bank of America’s corporate and commercial clients in North America, Europe, and Asia. Insurance benefits will include ride-share and cell-phone protection, and the new card will provide airport-lounge access and a specialised customer-service line for ‘travelers who are in a bind’. 

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Keywords: Bank of America, banks, central bank, credit card, product launch
Categories: Banking & Fintech
Countries: United States
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Banking & Fintech

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