Home-grown brand The Entertainer is now offering buy-one-get-one delivery offers to select users for free.
The app's directory of incentives and buy-one-get-one-free offers across dining, leisure, beauty and hotel brands in the region, is usually only available to those who have purchased one of its bundles.
However, The Entertainer has now offered its business clients, among which is Mastercard, access to its buy-one-get-one offers for delivery. Other clients are employees with Mubadala Healthcare, DHL and The Chalhoub Group.
Users will also get access to the 25 per cent discount on delivery, but this has been open to the public for free since March.
Messages currently circulating on social media about the entire app being available for free is incorrect, a spokesman for the company said. They were also looking into an erroneous confirmation email that informs Mastercard clients it will get the entire suite of Entertainer products for free.
The new offers are part of the company's pivot to focus more on the delivery side of its business amid the pandemic, offering those who weren't members the ability to download the iOS and Android app for free and access the 25 per cent discount on food deliveries.
To get the free subscription, if you have a Mastercard credit card, you need to create your Entertainer account and log in. Under your "My Profile" tab, scroll down to the "VIP Key" activation box and enter the promo code mastercard2020.
The Dubai and Northern Emirates bundle, as well as the Abu Dhabi and Al Ain bundle, is usually priced at Dh495, but has recently been on sale for Dh295. Add-ons (fitness, dining and adventure tourism packages) will cost you extra.
*This article originally suggested Mastercard customers in the UAE would get the whole suite of offers. This has since been updated to reflect the fact customers will only receive the delivery offers
What is a robo-adviser?
Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.
These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.
Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.
Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.
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