UAE digital bank LIV revamps credit card with 4% cashback and lifestyle offers

As part of the revamp, Liv has reintroduced its credit cards as cashback cards, with its Platinum and World Credit Cards now called Cashback Card and Cashback+ cards, respectively.

Cashback and Cashback+ cards are an important addition to Liv’s product portfolio and are aligned with its promise of enabling customers in the UAE to “Liv Ahead”.

Liv Bank UAE Cashback cards

• Cashback+ cards offer customers a flat cashback of 4 per cent on spending over AED15,000 ($4,100), 2 per cent on spending between AED7,000 ($1,450) and AED15,000 ($4,100), and 1 per cent on spending below AED7,000 ($1,450), with a monthly cap of AED1,500 ($410)
• Cashback cards, customers can earn a cashback of 2 per cent on spends of AED10,000 ($2,720) and above, 1.5 per cent on spending between AED5,000 ($1,360) and AED10,000 ($2,720) and 0.75 per cent on a spending below AED5,000 ($1,360), with a monthly cap of AED750 ($204) per month

Cashback+ cards are available free for the first year, while Cashback cards are free for life for UAE customers.

Both offer a host of deals and discounts from top retail and lifestyle brands (Gymnation, Musafir, Reel Cinemas, among others) and allow the cashback to be converted into Skywards Miles.

The application process for the cards is completely paperless, with a digital credit card instantly issued for immediate use, followed by the delivery of a physical card.

Pedro Sousa Cardoso, Chief Digital Officer, Retail Banking and Wealth Management, Emirates NBD, said: “Staying true to its promise to provide the most innovative products and services in the market, Liv’s revamped credit cards offer customers generous benefits on each purchase they make across all categories, a first in the region.

“By continuing to enhance our offerings and introducing innovative first-to-market solutions, Liv continues to strengthen its position as the leading digital bank in the region.”