Key Benefits:
Earn a high 6% value back on all in-store and online Union Coop grocery transactions.Earn 2% cashback on domestic dining, cafes, food delivery apps, and gas station fuel refuels.Earn 1% cashback on standard domestic retail purchases, and 1% on international foreign currency spending.Total card reward earnings are capped at a maximum of AED 750 per month.Directly linked with the Union Coop Tamayaz program to automatically convert credit card rewards into grocery points.Earned cashback is dynamically calculated and pushed into your linked Tamayaz rewards account at the end of every billing cycle.Points track Union Coop's standard rules and expire annually on December 31st if left unused.
More Product Benefits:
Get 2 discounted tickets per calendar month alongside a flat 25% off food and beverage combos at the counter.Receive a 20% discount voucher on one food or grocery delivery order every single month.Complimentary access to 25+ regional and Middle Eastern airport lounges for the primary cardholder via Mastercard.Access to unique buy-one-get-one-free coffee deals at over 50 boutique cafes across the UAE.Convert larger retail purchases into interest-free monthly timelines for a one-time processing fee of AED 49.
Rates and Fees:
Free for Life.Monthly Interest Rate: 3.49%Late Payment Penalty Fee: AED 175 (+ 5% VAT)Overlimit Processing Fee: AED 279 (+ 5% VAT) per cycleInternational Transaction Fee: 1.99% + standard Mastercard cross-border processing fees.
Eligiblity & Requirements:
Minimum 21 years old.Salaried individuals or self-employed business owners.Must be a resident of the UAE.Minimum Monthly Income: AED 5,000
Documents Required:
Full paperless digital registration via the Liv app utilizing your original Emirates ID scan and a smartphone camera selfie for liveness validation.Original Emirates ID and copy.Valid Passport copy (including residence visa page for expatriates).An undated signed security cheque aligned with your assigned credit limit.
For Salaried Individuals:A certified digital or physical salary certificate issued within the past 30 days and the last 3 months of bank statements showing clear payroll history.
For Self-Employed Individuals:
Valid UAE Trade License.Memorandum of Association (MOA) 3 to 6 months of corporate bank statements tracking active business revenue.Terms and conditions apply, subject to change without prior notice.
** Calculator Definitions
Amount:
The total amount of money borrowed, also referred to as the principal amount.
Rate (%):
This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years:
This is the original term or length of the product, stated in years.
Effective Monthly Payment:
This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%):
The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
Liv Tamayaz Mastercard Credit Card
