This card caters almost solely to the self-employed entrepreneur, who needs the benefits of short-term credit and rewards programs more than anyone else. This card is a highly functional tool to help you manage your finances and credit, while reaping the rewards, discounts and benefits of an exclusive rewards program. These cards incorporate the latest Chip & PIN technology for safer and more secure transactions.
Features of the UAB Business MasterCard
- Annual fees of AED 400 from the second year onwards, no annual fee for the first year.
- Interest rate of 2.49%.
- Credit Shield insurance charged at 0.89% of the outstanding balance.
- 55 maximum interest-free days (in case of 100% payment on or before the due date).
- Chip & PIN enabled for maximum security.
- Brand your card by embossing your company name on the 4th line of the card.
- Extended warranty on purchases that extend up to 12 months beyond the manufacturer’s warranty, available at no extra cost.
- Card fraud protection.
- Purchase protection insures your purchases against theft, damage and destruction for up to $3,000 per occurrence.
Benefits of the UAB Business MasterCard
- Complimentary airport lounge access all over the Middle East:
- Egypt – Cairo International Airport Terminals 1 and 3
- Saudi Arabia – Dammam International, Jeddah International, Riyadh International Airports.
- UAE – Terminals 1, 2 and 3, Concourse A&B and 4, Dubai World Central.
- Kuwait – Kuwait International Airport.
- Jordan – Queen Alia International.
Priceless Arabia by MasterCard is a benefits program that ensures that you see a world of savings when you choose to enjoy the best of what the world has to offer. With discounts like:
- 15% off on your stay with Jumeirah Group.
- Discounts and benefits at Seville’s, Tai Chi and over 100 more restaurants.
- Save 20% on shipping from US stores.
- These are just a few of the huge range of offers, benefits and discounts on travel and hotels,dining, shopping, sports, recreational activities, and entertainment.
Complimentary travel insurance:
- Up to $1,000,000 in coverage for travel accidents on international trips (common carrier).
- Up to $100,000 for domestic trips (common carrier).
- Up to $150,000 for international trips (insured journey).
- Up to $75,000 for domestic trips (insured journey).
- Daily in-hospital cash benefit of USD100 per day.
Trip inconvenience protection ensures that you’re recompensed for unexpected difficulties on your trip:
- Up to $7,500 excess of a $500 deductible for trip cancellation.
- Up to $7,500 excess of a $500 deductible for trip curtailment.
- Up to $100 per hour (for a maximum of 9 hours) for trip delays in excess of 6 hours.
- Up to $650, excess of a $50 deductible for a missed connection.
- Luggage protection up to $3,000.
- Up to $450 for baggage delays in excess of 12 hours.
UAB Business MasterCard rewards program – UAB Rewards
- Earn 2.5 Reward Points for every $1 of spending.
- Receive 10,000 bonus UAB Reward points by spending AED 400 in the first year of owning your credit card.
- Spending AED 5,000 within the first 30 days of receiving your card will entitle you to a reversal of bonus rewards fees, while retaining the 10,000 bonus reward points.
- Redeemable online on tickets for over 900 airlines worldwide. Cardholders can fly anywhere, at any time from any airport without worrying about blackout dates.
- Redeemable online at over 450,000 hotels across the world.
- Access to the InfiShop, where points can be redeemed against over 2,000 lifestyle and electronic products from leading brands.
- Official FC Barcelona licensed merchandise can be bought with Reward points at the online BARCASHOP.
- Redeem your points against car rentals at over 150 countries worldwide.
- All UAB Rewards redemptions are inclusive of taxes.
The perfect line of credit for the budding or established entrepreneur, the UAB Business MasterCard combines excellent banking facilities with top-of-the-line benefits. Small discounts on business lunches and asset acquisition eventually build up a sizeable portion of savings for your business venture.