عربی
The Max subscription package gets customers access to priority banking and service benefits. Here’s what comes with Max.
Zero Fees : Free remittances | Free Global ATM withdrawals | First year free on your new Cashback+ Credit Card | No processing fee on Personal Loans
Boost on interest rates : Higher interest on Goal Accounts | Additional 1% on Money Ahead Deposits
Better Service : Priority support on chats and calls
Important information on your Max subscription
- Opt-in : Customer will be eligible for benefits of Max only after subscribing on the Liv X app. Customer will be charged subscription fees at time of opting in for Max.
- Opt-Out : At time of opting out of Max, all benefits associated with the subscription will stop.
- Waiver : If the waiver criteria is met in one month, the subscription fees for the following month will be waived.
- Segment rules : If a customer subscribes to be a part of the Max segment, they will not be eligible for Bonus Multiplier payouts.
Goal Account interest rules
| Goal Accounts | |||
|---|---|---|---|
| Slabs | Classic | Interest rates for Max users (p.a) | Interest rates for Max users who transfer their salary into Liv (p.a) |
| 0-5k | 0.00% | 3.50% | 4% |
| 5-15k | 0.50% | 3.50% | 4% |
| 15-30k | 1.00% | 3.50% | 4% |
| 30-500k | 2.00% | 3.50% | 4% |
| 500k-2M | 1.25% (inc) | 1.25% (inc) | 1.75% (inc) |
| 2M+ | 0.50% (inc) | 0.50% (inc) | 1%(inc) |
| 2 or 3 interest entries in total depending on if customer has a salary transfer | |||
| Customer will be eligible for additional interest for the days that they are part of the Max segment. | |||
|
- Base interest rate on Goal Accounts will be credited at the 1st of every month - Additional interest for Max users will be credited by 10th of every month - If a Max subscriber transfers their salary into Liv, they will be eligible for and additional 0.5% p.a extra interest on their Goal Accounts. This will be credited by the 12th of every month. |
|||
Money Ahead Deposit interest rules
| Fixed Deposit | Standard (p.a) | Interest rates for Max users (p.a) | Interest rates for Max users who transfer their salary into Liv (p.a) |
|---|---|---|---|
| 1 month | 2.10% | 2.10% | 2.10% |
| 2 months | 2.10% | 2.10% | 2.10% |
| 3 months | 2.20% | 2.20% | 2.20% |
| 4 months | 2.20% | 2.20% | 2.20% |
| 6 months | 2.30% | 3.30% (base interest plus 1%) | 3.80% (3% plus 1% plus 0.5%) |
| 12 months | 2.50% | 3.50% (base interest plus 1%) | 4.00% (3% plus 1% plus 0.5%) |
|
- All Max customers at time of Fixed Deposit creation will be eligible for an additional interest on 6 and 12 month tenures - Rack rates and additional interest for Max subscribers will be credited upfront at time - For salary transfer customers, additional 0.5% p.a interest will be credited upfront at time of Fixed Deposit creation. Salary of minimum 5000 should come into the subscriber’s account before FD creation |
|||
Fee rules
| Fee waiver on Cashback+ Credit Card | First year is free for all Max customers Charge of AED 735 will be reversed within 2 weeks of card approval |
| Free International transfers (India, Pakistan, Sri Lanka, Philippines, UK) | Max subscribers will not be charged when they make Direct Remit transactions via the LivX app |
| Free International ATM withdrawals | Customers will get reversals on 1 transaction per month. Reversals will be done by the 12th of every month |
| Free UAE non-Emirates NBD/Emirates Islamic Withdrawals | Customers will get reversals on 2 transaction per month. Reversals will be done by the 12th of every month |
| Zero processing fees on Personal Loan | Max subscribers will get charged and reversed on their Charged and reversed within 30 days of PL approval |
| Free Cheque book | First cheque book is free for Max subscribers. |
Simply scan the QR code below to
Download the Liv Bank app on your device
