| Categories |
Description |
Verity Core |
Verity Premium |
Additional Information |
| Subscription |
Subscription Fee |
FREE |
Monthly AED 20, Annual AED 200 - best value (both including VAT) |
Verity Core is free, simplified and fun! Verity Premium is intuitive, and loaded with extra benefits |
| Accounts |
Kids Account |
Unlimited accounts |
Unlimited accounts |
Number of children you can add |
| Kids Card (Virtual) |
FREE |
FREE |
Non-phyiscal card which can be used for online transactions |
| Kids Card (Physical) |
FREE |
FREE |
The first card for each child is free. |
| Parent Card (Virtual) |
FREE |
FREE |
Non-physical card which can be used for online transactions |
| Parent Card (Physical) |
AED 100 |
AED 50 |
Fee charged for ordering a physical card for a parent |
| Household Member Accounts |
N/A |
Unlimited accounts |
The ability to add other household members to the family. |
| Household Member Card (Virtual) |
N/A |
FREE |
Non-physical card which can be used for online transactions. |
| Household Member Card (Physical) |
N/A |
FREE |
The first card for each household member is free.. |
| Lost Card Replacement |
AED 100 |
AED 50 |
Fee charged to replace a physical card in case it was lost, stolen, or damaged for Kids, Parents, and Household Members. |
| Dual Parents Access |
N/A |
Included |
The ability for both parents in a family to access the family account and manage it. |
| App |
Financial Content |
Included |
Included |
Financial literacy content in the app |
| Peer-To-Peer Transfers |
Included |
Included |
The ability to transfer money to other Verity users |
| Transfers Between Family Members |
Included |
Included |
The ability to transfer money to members of your family (parents, children, household members) |
| Saving Goals |
Included |
Included |
The ability to create individual and family saving goals |
| Tasks |
Included |
Included |
The ability to add paid chores and assign them to children |
| Automatic Allowance |
Weekly and monthly |
Weekly and monthly |
The ability to transfer children's allowance automatically on a weekly or monthly basis |
| Recurring Tasks |
N/A |
Included |
The ability to set tasks that automatically repeat within a certain time period (daily, weekly, monthly) |
| Spending Limits in Stores |
N/A |
Included |
The ability to set a limit for amounts spent in stores (offline) |
| Spending Limits on Online Transactions |
N/A |
Included |
The ability to set a limit for amounts spent online |
| ATM Cash Withdrawal Limits |
N/A |
Included |
The ability to set a limit for how much cash can be withdrawn from ATMS through the card |
| Transfers, Wallet Loading, and Spending/Withdrawals |
Wallet Top-up Fee through Bank Transfers |
AED 4 |
AED 3 |
Fee charged when you top up through a bank transfer; the fee is deducted from the total amount you transfer |
| Wallet Top-up Fee from Credit / Debit Cards |
3.68% |
2.80% |
Fee charged when you top up through a credit card or debit card; the fee is deducted from the total amount you transfer |
| ATM Withdrawals - UAE |
3 AED |
2 AED |
Fixed fee on all bank ATMs |
| ATM Withdrawals – International |
1% (minimum of 21 AED) |
1% (minimum of 21 AED) |
Some operators/banks may charge their own extra fees |
| Fee for paying with the card – international |
2.5% |
2.5% |
Fee charged when using the card internationally and/or in non-Dirham transactions. Retailers may charge their own fee, and Foreign exchange rate applies |
| Fee for paying with the card – UAE |
FREE |
FREE |
No fee for paying with your card in the UAE, whether at retailers or online. Some retailers may charge their own fee |
| Reports |
Reporting |
Preset timelines (1 week, 1 month, 3 months) |
Customizable timelines |
Ability to generate reports on spending and saving |
| Transactions Statement |
Included |
Included |
Statements that show account transactions |
| Rewards |
Access to Rewards Program |
N/A |
Coming soon! |
Ability to get rewarded on spending through the Verity card based on the existing rewards program. Terms and Conditions apply. |
| Support |
Live Support Access |
Core Support |
Premium Support |
The level and speed of reaching our support team. |
| Other |
Inactivity fee |
FREE |
FREE |
Fee charged after a 12-month period of you not using your card (either by topping up your card, paying for transactions or withdrawing money), including after your card has expired. No fee if you have a zero balance |
| Cash out at over the counter (if applicable) or bank transfer |
AED 50 |
AED 50 |
Fee for refunding remaining balance back into your bank account |
| Foreign Balance Inquiries |
AED 5 |
AED 5 |
Fee for inquiring card balance at a foreign ATM outside of the UAE. You can always avoid charges by checking your balances on the app |
| Unauthorized Charge Dispute |
AED 50 |
AED 50 |
Fee for disputing charges on your card |
.png)
.png)
