I understand the LEC is used only to access my Living Expenses benefit cap of $9,009. The card can be used to pay for eligible Living Expenses wherever MasterCard is accepted.
I understand there is a $66 annual fee for each card. $5.50 will be charged to my LEC account on the 15th of each month. The fee will be charged after the first deduction is made onto the card. If there are insufficient funds in my account/s to cover the fee, it will accumulate and be charged to my account when sufficient funds are available.
EML Meal Entertainment Cards (MEC)
I understand the MEC is used only to access my Meal Entertainment benefit cap of $2,650. The card can be used to pay for eligible Meal Entertainment expenses wherever MasterCard is accepted.
I understand there is a $66 annual fee for each card. $5.50 will be charged to my MEC account on the 15th of each month. The fee will be charged after the first deduction is made onto the card. If there are insufficient funds in my account/s to cover the fee, it will accumulate and be charged to my account when sufficient funds are available.