Terms & Conditions for Liv. Young

In consideration of Emirates NBD Bank (P.J.S.C) (the ''Bank'') agreeing to make available a Liv. Young supplementary card (''Liv. Young Card'') to you (the ''Liv. Cardholder'' or the ''Verified Liv. Account''), you hereby agree to the following terms and conditions (the ''Liv. Young Terms and Conditions''):

1. The Terms and Conditions for Liv. (https://www.Liv.me/en/privacy) (“Terms & Conditions”) are applicable to the Liv. Young Card. Terms defined in the Terms and Conditions for Liv. have the same meaning in these Liv. Young Terms and Conditions.

2. The Liv. Cardholder shall be fully liable to the Bank and shall assume complete responsibility for all transactions, charges and other liabilities incurred on the Liv. Young Card and agrees to indemnify and hold the Bank harmless against all claims, actions, proceedings, costs, damages, expenses and losses, arising out of the use of the Liv. Young Card and/or breach of any Terms and Conditions and the Liv. Young Terms and Conditions.

3. In addition to the aforesaid, and as a separate undertaking, the Liv. Cardholder shall be fully liable to the Bank for all charges and other liabilities incurred by the Liv. Cardholder and/or the Liv. Young cardholder (''Liv. Young Cardholder'') notwithstanding any legal disability or incapacity of the Liv. Young Cardholder.

4. The undertakings, liabilities and obligations of the Liv. Cardholder to the Bank and the Bank’s rights shall not be affected in any way by any dispute or counterclaim or right of setoff which the Liv. Cardholder and the Liv. Young Cardholder may have against each other.

5. Upon the occurrence of a breach of either the Terms and Conditions for Liv. and/or these Liv. Young Terms and Conditions, the Bank may in its absolute discretion commence an action or proceedings against the Liv. Cardholder.

6. The validity of the Liv. Young Card is dependent upon the validity of the account of the Liv. Cardholder (the ''Liv. Account'') and the card of the Liv. Cardholder (the ''Liv. Card''). Upon termination of the Liv. Account or the Liv. Card, for whatever reason, the Liv. Young Card(s) shall also be terminated. Termination of a Liv. Young Card by itself shall not terminate the Liv. Account or the Liv. Card of the Liv. Cardholder.

Liv. Young Cardholder debit limits for Online Spending, point of service spending and ATM cash withdrawal would be allocated by Liv. Cardholder and it shall be the sole responsibility of the Liv. Cardholder to monitor the usage by the Liv. Young Cardholder.

7. Liv. Young Cardholder debit limits for online spending, point of service spending and ATM cash withdrawal would be allocated by Liv. Cardholder and it shall be the sole responsibility of the Liv. Cardholder to monitor the usage by the Liv. Young Cardholder.

8. Liv. Cardholder will have access following debit card functions for the Liv. Young Card:

  • Liv. Young Card activation;
  • PIN activation;
  • PIN reset; and
  • Replacement and/or issuance of a Liv. Young Card debit card

9. Liv. Young Cardholder will have access to below financial and nonfinancial services from their Liv. Young mobile application (“Young App”):

  • Task/Chores actions – Liv. Cardholder will be able to allocate tasks/chores for Liv. Young Cardholder to achieve and provide appropriate rewards as pocket money
  • Young app biometric set up (touch and face ID) – Liv. Young Cardholder can access the Young App with password set by Liv. Cardholder or through set up of biometrics (touch or face ID ) by them
  • Payments – Liv. Young Cardholder will be able to make payments to third party service providers or payments to other Liv. Young users via registered email address. The payment limits and beneficiary of the payments will be approved by the Liv. Cardholder and the Bank will not be liable for any losses suffered by the Liv. Cardholder due to the payments to wrong or unintended recipient.
  • Goal accounts – Liv. Young Cardholder can set up specific personal goals and have their money moved from wallet to goal account. Liv. Cardholder would have access to view these goals
  • View on financial summary – Liv. Young cardholder as well Liv. Cardholder will be able to view on spend analytics on the Young App, by type of merchant/beneficiary as well as category of spend, so as to understand usage, learn about budgeting as well as manage outgoings
  • The following charges will apply to the Liv. Young Card:
    Monthly FeesIndividual Plan - AED 5
    Family Plan - AED 10
    Free for Liv. Prime Members
    Liv. Young Card AED 25
    Closure Fee None