Unibank Mastercard - Learn How to Apply, Benefits and Rates

The Unibank Mastercard in Azerbaijan offers unbeatable convenience, top-notch security, and a range of financial benefits for your everyday spending. 

Enjoy competitive rates, rewarding perks, and smooth transactions wherever you go. 

Understanding its benefits, fees, and application process will help maximize the card’s potential.

Benefits of Unibank Mastercard

The Unibank Mastercard comes with various features designed to enhance your spending experience. 

This card offers perks that simplify managing everyday purchases and more significant transactions. Here are the key benefits:

• Global Acceptance – Use your Unibank Mastercard at millions of locations worldwide, both online and in-store.
• Rewards Program – Earn cashback, loyalty points, or exclusive discounts on selected purchases (depending on the card type).
• Enhanced Security – Built-in fraud protection, contactless payment options, and real-time transaction alerts for peace of mind.
• Travel Benefits – Enjoy travel insurance, baggage protection, and other perks when booking through eligible channels.
• Flexible Payment Options – Pay in full or carry a balance with flexible terms and payment plans.
• Exclusive Offers – Access special deals and discounts through partnerships with retailers and service providers.
• Extended Warranties – Get extra coverage on purchased items, adding a layer of protection.
• Mobile and Online Banking – Track spending rewards and quickly pay via the Unibank mobile app or online banking.

Interest Rates and Fees

The card offers a range of benefits, but cardholders should be aware of the associated interest rates and fees. 

Here’s a breakdown of the details:

Interest Rates:

• Standard Purchase APR: 24% per annum
• Cash Advance APR: 30% per annum
• Penalty APR: 36% per annum (if payment is overdue)

Fees:

• Annual Fee: 50 AZN
• Late Payment Fee: 10 AZN
• Cash Advance Fee: 4% of the transaction amount, with a minimum fee of 5 AZN
• Foreign Transaction Fee: 2% of the transaction amount
• Overlimit Fee: 15 AZN
• Returned Payment Fee: 10 AZN

Eligibility Requirements

To apply, applicants must meet specific criteria. These requirements ensure applicants are suitable for the card’s features and benefits. 

Here’s a breakdown of the main eligibility factors:

• Minimum Age – Applicants must be at least 18 years old
• Residency – Must be a resident of Azerbaijan
• Income – A stable income source may be required, with documentation needed for verification
• Credit Score – A good credit history may be necessary, depending on the card type
• Employment Status – Proof of employment or self-employment might be required

Application Process

Applying for a Unibank Mastercard is straightforward and can be completed online or in person. 

Here’s a step-by-step guide to help you through the application:

1. Online Application – Visit the Unibank website, complete the application form, and submit the required documents (ID, proof of income, etc.).
2. In-Person Application – Visit a Unibank branch, complete the application form, and provide the necessary documents.
3. Required Documents – Valid ID, proof of income, and any additional paperwork requested by the bank.
4. Approval Process – Unibank will review your application and notify you of the decision, typically within a few business days.
5. Receiving Your Card – Once approved, your card will be issued, and you’ll be informed how to activate and use it.

Managing Your Unibank Mastercard

Once you have your card, knowing how to manage it effectively is essential. 

Keeping track of your spending, payments, and rewards will ensure you get the most out of your card. Here's how to manage your card efficiently:

• Online and Mobile Banking – Use Unibank's online platform or mobile app to monitor transactions, view statements, and track rewards.
• Bill Payments – Set up automatic payments or manually pay your bill on time to avoid late fees.
• Spending Limits – Monitor your credit limit and adjust your spending habits accordingly.
• Reward Tracking – Check and redeem your rewards through the online portal or app.
• Requesting Credit Limit Increase – If your financial situation improves, request a higher credit limit through the bank's customer service or online tools.
• Setting Up Alerts – Enable transaction alerts for updates on spending, payments, or suspicious activities.
• Managing Fees – Review your monthly statement for any unexpected charges, and always strive to pay your balance in full to avoid interest fees.

Security and Fraud Protection

This card prioritizes security, offering multiple protections to safeguard your finances. 

These features help reduce the risk of fraud and unauthorized transactions. Here's how the card keeps you safe:

• Fraud Detection – Real-time monitoring to detect suspicious transactions and prevent fraud.
• Card Blocking and Replacement – In case of loss or theft, you can block your card immediately and request a replacement.
• Transaction Alerts – Receive notifications for purchases or transactions, ensuring you stay informed.
• Chip and PIN Technology – Advanced chip technology provides enhanced security for in-store purchases, requiring a PIN for added protection.
• Contactless Payment – Secure contactless payments with built-in encryption to protect your data.
• Fraud Liability Protection – Unibank provides fraud liability protection in case of unauthorized transactions, limiting your financial responsibility.
• Secure Online Transactions – Added layers of security when shopping online, such as two-factor authentication or one-time passcodes.

Comparing Unibank Mastercard Variants

Unibank offers several Mastercard variants to suit different needs. 

Knowing the features of each helps you choose the best option for your spending and financial goals. Here’s a comparison of the variants:

• Classic Mastercard – Ideal for everyday spending with no annual fee and basic benefits like secure transactions and fraud protection.
• Gold Mastercard – Offers additional perks such as higher credit limits, travel insurance, and exclusive discounts at select merchants.
• Platinum Mastercard – Provides premium benefits, including higher cashback rates, luxury rewards, and access to exclusive airport lounges.
• Business Mastercard – Tailored for business use, offering expense management tools, higher spending limits, and financial reporting features.
• Student Mastercard – Designed for students with lower fees, cashback offers, and educational discounts to help manage finances.
• Prepaid Mastercard – A non-credit card option that allows you to load funds and use it like a debit card, offering control over spending.

Customer Support 

For customer support in Azerbaijan, you can contact Unibank at:

• Customer Service Hotline: +994 12 498 22 44
• Email: bank@unibank.az

To Wrap Up

In conclusion, the Unibank Mastercard provides various benefits and options to suit multiple financial needs. 

You can make an informed choice by understanding the features, fees, and application process. 

Apply today to take advantage of the benefits and manage your finances more effectively!

Disclaimer

The information provided is for general reference only and may be subject to change by Unibank. 

For the latest fees, eligibility, and terms details, visit the official Unibank website or contact customer support.