Deem Mastercard World Cash Up Credit Card review
Rewards lean toward travel and leisure, with 5% Cash Up on hotels, 5% on entertainment and 1% on other worldwide retail, and each Cash Up point worth AED 1 for cashback or pay-with-points. Accelerated earning follows the AED 1000 minimum-spend program condition, while the valet parking benefit needs at least AED 6000 of monthly spend. Cardholders can also opt into the bi-annual AED 250,000 Joy-Win draw.
The travel credentials are the headline: access to 850-plus lounges worldwide, complimentary Marriott Bonvoy nights, Hertz Gold membership, Valtrans valet parking and complimentary travel insurance, plus a year of Zomato Gold. It is built for people who spend on hotels and entertainment and fly regularly.
The trade-offs are a high AED 25,000 salary requirement, an AED 525 fee after the free first year, and a cashback cap that is not publicly stated.
Card details
| Bank | Deem Finance |
|---|
| Card type | Cashback |
|---|
| Card network | Mastercard |
|---|
| Minimum salary | AED 25,000 |
|---|
| Annual fee | AED 525 |
|---|
| Fee waiver | Free for the first year, saving AED 525 (inclusive of VAT) on the annual membership fee. |
|---|
| Interest (monthly) | 3.75% |
|---|
| Reward type | Cash Up (Joy Points) |
|---|
| Reward rate | Earn 5% Cash Up on hotels, 5% on entertainment and 1% on all other retail worldwide (per third-party source).Accelerated Cash Up is subject to a minimum cumulative statement-cycle spend under the AED 1000 program condition, and the standard valet parking benefit requires a minimum monthly cumulative spend of AED 6000. Each Cash Up equals AED 1 and can be redeemed as cashback or pay-with-points. Points are forfeited on card closure, and cardholders can instead enter the bi-annual AED 250,000 Joy-Win draw. |
|---|
| Welcome bonus | First year free; earn up to 100,000 Joy Points/month on lifestyle or travel OR entry into an AED 250,000 draw every 6 months; complimentary travel insurance retained. |
|---|
| Lounge access | Access to 850+ airport lounges worldwide (per third-party source). |
|---|
| Quick cash | Easy Cash EPP is available (per Deem T&C). |
|---|
| Balance transfer | Balance Transfer is available (per Deem T&C). |
|---|
| Instalment plan | An Easy Payment Plan (EPP) is available. |
|---|
Welcome bonus: First year free; earn up to 100,000 Joy Points/month on lifestyle or travel OR entry into an AED 250,000 draw every 6 months; complimentary travel insurance retained.
Deem Mastercard World Cash Up Credit Card benefits
✓Premium cashback on hotels and entertainment
✓Access to 850+ global airport lounges
✓Marriott Bonvoy complimentary nights
✓Hertz Gold membership
✓Valet parking via Valtrans
✓Complimentary travel insurance
Offers and payment options
Quick cashEasy Cash EPP is available (per Deem T&C).
Balance transferBalance Transfer is available (per Deem T&C).
Instalment planAn Easy Payment Plan (EPP) is available.
Deem Mastercard World Cash Up Credit Card fees & charges
| Cash advance fee | 3% of the transaction amount or AED 105, whichever is higher (not subject to VAT) |
|---|
| Late payment fee | 241.5 |
|---|
| Over-limit fee | 341.25 |
|---|
| Foreign currency fee | 2.99% |
|---|
| Minimum payment | 5% of outstanding + full VAT + full monthly EPP instalment (if any) + full monthly insurance premium (if any) + over limit amount, or AED 100 whichever is higher |
|---|
| Interest-free period | up to 51 days |
|---|
| Card replacement fee | 78.75 |
|---|
From the bank’s Key Facts Statement / Schedule of Charges. Some figures include and some exclude 5% VAT, a bank’s marketing page can differ from its Key Facts Statement, and fees change - always confirm with the bank before you apply.
Who should get this card?
This card suits high earners who travel often and want premium lounge and hotel benefits alongside cashback.
What works well
- ✓Extensive global lounge access
- ✓Premium travel and hotel perks
- ✓First year free
What to weigh up
- −High AED 25000 salary requirement
- −AED 525 annual fee after the first year
- −Exact cashback cap not published
Deem Mastercard World Cash Up Credit Card eligibility
Requires a minimum salary of AED 25000; open to UAE residents, typically aged 21 and above.
▤Emirates ID▤Passport/Visa▤Salary certificate/proof of income▤Bank statements (last 1-3 months)
Deem Mastercard World Cash Up Credit Card FAQs
Requires a minimum salary of AED 25000; open to UAE residents, typically aged 21 and above.
The listed annual fee is AED 525. Free for the first year, saving AED 525 (inclusive of VAT) on the annual membership fee.
Earn 5% Cash Up on hotels, 5% on entertainment and 1% on all other retail worldwide (per third-party source).
This card suits high earners who travel often and want premium lounge and hotel benefits alongside cashback.
Product details are indicative and compiled from each bank’s official pages and Key Facts Statements; figures can differ between a bank’s marketing page and its Key Facts Statement, and fees, rates and VAT treatment change. We are not affiliated with, or authorised by, any bank - always confirm current fees, eligibility, rewards and terms directly with the issuing bank before applying. This page does not constitute financial advice.
