Island Savings

Business Mastercard®

Island Savings no longer offers this card. If you are an existing cardholder, you will receive communication from us about the exciting new suite of cards available on January 1, 2018.

Cardholder Notice

Notice to Island Savings Mastercard® cardholders

Rest assured, there are no immediate changes to your Island Savings Mastercard credit card account as a result of the upcoming changes to our credit card offering. You can continue to use your Island Savings Mastercard credit card as you always have and continue to enjoy the benefits it provides.

As we transition to a new card program in 2018, we are committed to providing you with a seamless transition with no interruptions to accessing your available credit, your transactional history, statements or your points program. We want to ensure you’re well informed and will be sending further details on this exciting new offering in the coming weeks. We look forward to providing you with a new credit card offering in the New Year.

For information on your existing CUETS Financial CHOICE REWARDS® Mastercard credit card, click the tabs above.



CUETS Financial Mastercard®
Toll-free: 1-877-770-0738

Lost & Stolen Card:
North America: 1-800-567-8111
Outside North America: 1-306-566-1276

Card Overview

Key Features & Benefits

All the features and benefits you'd expect including:

  • Acceptance at over 32 million locations worldwide
  • Emergency cards and cash with one phone call
  • Common Carrier Travel Accident Insurance and Baggage Delay
  • Purchase Assurance and Extended Warranty
  • Rental Vehicle Benefits
  • Legal Assistance
  • Cash Advances available to authorized cardholders

View our details tab for more information on the extra benefits

Optional Cash Back Feature

Business members can elect to receive a percentage of their monthly net retail purchases back. Cash back funds can be received monthly or on an accumulated basis, however, there must be a minimum of $25 in cash back funds available.

TierMonthly Purchase TotalsCash Back %
1 $0 - $5,000 0.50%
2 $5,000 - $10,000 0.75%
3 $10,000 1.00%


MASTERCARD is a registered trademark of Mastercard International Incorporated and is used pursuant to licence.


Comprehensive Benefits & Perks

Business Mastercard allows businesses to:

  • Consolidate business purchasing
  • Streamline billing and payment
  • Improve cash flow
  • Simplify expense management
  • Reduce paperwork
  • Maximize productivity
  • Enhance purchasing information and analysis

*Some limitations apply - see the certificate of insurance for full details

Purchase Assurance and Extended Warranty

  • 90-day Purchase Protection
    • Protection against loss, theft and damage for items purchased with your Mastercard card
    • Items will be replaced or repaired, or you will be reimbursed the purchase price
    • Items given as gifts are also covered
  • Extended Warranty
    • The manufacturer's warranty is automatically extended for up to two additional years for items purchased with your Mastercard card
    • Items must have a valid warranty in Canada

Travel Benefits

  • Common Carrier Travel Accident Insurance
    • You're covered for up to $1,000,000 in the event of an accident when you purchase your ticket with your Mastercard
  • Baggage Delay
    • Up to $300 for expenses for emergency purchase of essential items when baggage is delayed or misdirected for more than 24 hours
  • Unexpected Return Home Benefits
    • In the event of a death in your immediate family, you are covered for up to $2,000 for return travel

Rental Vehicle Benefits

When you rent a car with your Mastercard card, you're protected with:

  • Collision Damage Waiver Benefit - equivalent to that offered by the car rental company, provided you decline the car rental company's optional Collision Damage Waiver
  • Car Rental Accidental Death and Dismemberment Benefits - up to $300,000 coverage per accident for you, your spouse and dependent children
  • Personal Effects Benefits - if your rental car is damaged or stolen, any personal effects in the car are covered up to $1,000 per insured person, up to $2,000 per rental period

Legal Assistance

Legal Referrals and Payment Assistance - in those countries that the Mastercard Assistance Centre deems safe for travel, you will be assisted in locating a legal advisor, and in paying legal fees up to $5,000 (billable to your Mastercard account, and subject to credit availability)

Please refer to the Emergency Assistance Services section in the Certificate of Insurance for specific terms, conditions and limitations.

Insurance benefits are underwritten by American Bankers Insurance Company of Florida and/or American Bankers Life Assurance Company of Florida, Assurant SolutionsTM companies. Details of your coverage, including terms, conditions, limitations and exclusions, are in the Certificate of Insurance provided with your card.


Annual Fee
Cash back option
Annual Fee

CUETS Financial is a division of The Toronto-Dominion Bank. All trade-marks are the property of their respective owners. CUETS is a trade-mark of Canadian Credit Union Association, used under licence. ®CHOICE REWARDS is a trademark of The Toronto-Dominion Bank.