Abu Dhabi, UAE - Union National Bank and Mastercard, a leading technology company in the global payments industry, have launched the new and innovative Vantage Card with three leading partners in the UAE: Joyalukkas, Eros Digital Home and Musafir.com, offering cardholders a complete range of benefits on a single card.
The “UNB Vantage Titanium Mastercard” is the first multi co-branded card in the region offering accelerated rewards, exclusive ongoing discounts and offers and 0% installment plans with leading brands in their respective high-value spend categories like Joyalukkas in jewellery, Musafir.com in travel and Eros Digital Home in electronics. Customers can choose the design and the brand of their choice on their card and get 4% cashback on each purchase made at all partner outlets and 1% on all other spends. UNB Vantage card is also powered with Mastercard Titanium privileges such as lounge access, Buy 1 Get 1 offers etc. and exclusive lifestyle benefits such as 50% discount on movie tickets from UNB. As the first-of-its-kind offering, the “UNB Vantage Titanium Mastercard” has provided a platform to bring flexibility and enhanced value to customers from leading brands in the UAE in multiple spend categories in one card by giving UNB customers the opportunity to apply and receive the card through a wide network of multiple partner outlets and digital sites.
Commenting on the launch of UNB's Vantage card Mr. Ashraf Bibars, Executive Vice President, Retail Banking & SME Business at UNB said: "This latest initiative underlines our commitment to offering innovative and value added products and services in a bid to help our client base accomplish their financial goals. The UNB Vantage Card has no annual fee and is designed to be a comprehensive solution for the lifestyle and financial needs of our customers. The innovative product design of this new card is uniquely positioned in the Middle East region and will help in setting new standards of customer value proposition in the payments industry”.
Girish Nanda, General Manager, UAE, Mastercard, said: “Combining the convenience of electronic payments and Mastercard’s robust safety and security framework in a program that offers a host of rewards and privileges means we are able to provide our cardholders with an enhanced payment experience that goes beyond the transaction. The UNB Vantage Titanium Mastercard is one such proposition that allows us to deliver greater value to our consumers and gives our cardholders access to a range of exclusive offers from some of their favorite brands while also boosting the adoption of credit card payments in the UAE.”
Mr. Niranjan Gidwani, CEO, Eros Digital Home said: “UNB, as we all know is a leading bank in UAE with their Core Values of Integrity, Transparency, Customer Focus & Team Spirit aligning closely with that of Eros. This unique alliance offers unprecedented benefits like 4% Cash Back in form of Reward Points and Exclusive Offers on a varied line up of Electronics & Home Appliances. We are very excited at the launch of this card which provides the best of both worlds to the customers – amazing rewards and a world class consumer electronics shopping experience at Eros Digital Home.”
Mr. Rajesh Pareek, Group CEO of Musafir.com commented on the UNB tie up: “We are extremely pleased to enter this association with UNB on the Vantage card program, which would highlight our shared core values through this partnership. We keep the customer at the center of everything we do, we believe in providing ease, convenience, expertise and reward to the consumer on their online travel purchasing journey. With this alliance we aim to provide a richer and differentiated experience with the unique product benefits of the Vantage program. With innovation at the core of everything we do, we believe this partnership will provide more value and rewards to our customer's along with a premium online travel experience at musafir.com”.
Mr. John Paul Alukkas, Executive Director, Joyalukkas Group said “We are excited to partner with UNB, other than being one of the top banks in the UAE; we share similar core values i.e. Integrity, Transparency, Customer Focus & Innovation. This alliance will offer our valued customers the advantage of 4% Cash Back in form of Reward Points other than this they will be able to avail of special offers, easy installment schemes & Airport lounge access. Our aim is to give our customers more value and convenience to our customers and we are sure UNB Vantage will help in doing this.”
-Ends -
About UNB:
Established as a Public Joint Stock Company in 1982, UNB is one of the leading domestic banks in the United Arab Emirates, headquartered in Abu Dhabi. UNB offers a variety of products and services, addressing needs ranging from basic requirements of individuals to the more complex requirements of corporate entities.
For more information:
Mona Zayati
AVP & Manager Corporate Communications – UNB
Tel: +971504108400
Email: mona.zayati@unb.ae
About Mastercard:
Mastercard (NYSE: MA), www.mastercard.com,is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Mastercard products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MastercardMEA and @MastercardNews, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news on theMEA Engagement Bureau.
Mastercard Communications Contact
Omar Abuhanoud, +971 4 563 8603 omar.abuhanoud@mastercard.com
© Press Release 2017
