Mashreq

Min. Salary

AED 10000

Annual Fees

AED 0

Interest Rate

3.85%

FX Rate

2.79%

Benefits

Balance Transfer
CashBack
Dining Benefit
Extended Warranty
Purchase Protection
Travel Insurance

Mashreq Cashback Credit Card is a cashback credit card. It is free for life and comes with a host of benefits and offers on dining, travel, etc. It offers welcome bonus.

Reward features

  • 5% cashback on local and international dining spends (unlimited)
  • Cashback of 2% on international spends
  • 0.33% on local spends on Govt. payments, fuel, utilities, education, charity, rental & telecom
  • Cashback of 1% on all other local spends
  • 20% cashback for the first 6 months at Zomato and Netflix

Features

  • Free for life
  • Free supplementary card
  • Unlimited cashback
  • Get cashback upto 5% on transaction
  • Pay protect insurance
  • Cashback on every spend
  • Welcome bonus 

Additional Benefits

  • Welcome bonus of AED 500 for new customer
  •  Welcome bonus of AED 100 for existing customer
  • Pay Protect Insurance at 0.99% of your monthly statement balance ( + 5% VAT)
  • Dining discounts on DragonFly and Dine Programme
  • Travel discounts, in addition to 2-1 deals, on food, entertainment and shopping with VISA Offers MENA mobile app
  • Discounts and deals across various stores
  • Discounts of up to 30% across vide range of restaurants
  • Hotel discounts through Bookings.com
  • 6 Discounts on accommodation and flights booked through MakeMyTrip.com

Fees & Charges

  • Supplementary Card Annual Fee: AED 0
  • Late Payment Fee: AED 241.5
  • Over limit Fee: AED 303.45
  • Cash Advance Fee:  3.15% or AED 210, whichever is higher

Addition Information

  • Easy payment plan is available
  • Monthly Minimum Payment has to be 5% of your monthly statement balance
  • For Zomato and Netflix offers, max. cashback of AED 50 per merchant per month is applicable
  • You get when you spend AED 5,000 or more in the first 2 months post card issuance
  • Cashback earned has a maximum validity of 36 months from the date of earning
  • Cashback can be redeemed on getting at least AED 100 as cashback balance