Mashreq Cashback Credit Card review
The standout rate is 5% on local and international dining at merchants classified as restaurants, including online food delivery. Everyday spend earns 1% internationally and 1% in the UAE, while government payments, fuel, utilities, education, charity, rental and telecom return 0.33%. There is no minimum spend to start earning, though the usual exclusions apply to cash advances, balance transfers, fees and bills paid through bank channels.
Dining cashback carries no stated category cap, but promotional boosted offers such as a 20% intro on Netflix, Talabat and Careem are limited to AED 50 per merchant per month. Cashback becomes redeemable once your balance reaches AED 100 and remains valid for up to 36 months.
Free for life for both primary and supplementary cards, with a welcome bonus of up to AED 500 and a AED 5,000 income requirement, it is a low-commitment choice for frequent diners, provided you accept the thin 0.33% return on bills and government spend.
Card details
| Bank | Mashreq |
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| Card type | Cashback |
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| Card network | unknown |
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| Minimum salary | AED 5,000 |
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| Annual fee | Free for life |
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| Fee waiver | Free for life for primary and supplementary cards. |
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| Interest (monthly) | 3.85% |
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| Reward type | Cashback |
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| Reward rate | Earn 5% on local and international dining (only at merchants classified as restaurants, including online food delivery); 1% on other international spend; 1% on other UAE spend; and 0.33% on government payments, fuel, utilities, education, charity, rental and telecom.No minimum spend is needed to earn cashback. Excluded are balance transfers, local cash advances, credit card cheques, finance charges, bank fees, reversed transactions and utility bills paid through bank channels. Cashback is earned only within your assigned credit limit. No cap is stated on dining or other categories. Promotional boosted-category offers (for example a 20% intro on Netflix, Talabat and Careem) are capped at a maximum of AED 50 per merchant per month. Cashback is redeemable once the accrued balance reaches a minimum of AED 100 and stays valid for up to 36 months from the date earned. The monthly Schedule of Charges lists retail interest of 46.20% p.a. (3.85% p.m.). |
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| Welcome bonus | AED 500 for new customers or AED 100 for existing customers, on spending AED 5,000 or more within the first 2 months after issuance.New Mashreq credit card customers get AED 500; existing customers get AED 100 | Spend AED 5,000 within first 2 months of card issuance | Bonus credited by end of the third month following issuance | Primary cardholders only, supplementary excluded | Applies only to newly issued cards, not renewals/upgrades | No stated expiry (ongoing offer) |
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| Quick cash | Flash Cash (a loan on the card) is available across Mashreq NEO credit cards. |
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| Instalment plan | An Easy Payment Plan is available. |
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Welcome bonus: AED 500 for new customers or AED 100 for existing customers, on spending AED 5,000 or more within the first 2 months after issuance.
Terms: New Mashreq credit card customers get AED 500; existing customers get AED 100 | Spend AED 5,000 within first 2 months of card issuance | Bonus credited by end of the third month following issuance | Primary cardholders only, supplementary excluded | Applies only to newly issued cards, not renewals/upgrades | No stated expiry (ongoing offer)
Mashreq Cashback Credit Card benefits
✓Free for life
✓5% dining cashback with no category cap
✓No minimum spend to earn
✓Welcome bonus up to AED 500
✓Free supplementary cards
Offers and payment options
Quick cashFlash Cash (a loan on the card) is available across Mashreq NEO credit cards.
Instalment planAn Easy Payment Plan is available.
Mashreq Cashback Credit Card fees & charges
| Annual percentage rate (APR) | 46.20% per annum (fixed, retail and cash) |
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| Cash advance fee | 3.15% or AED 210 whichever is higher (VAT incl) |
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| Late payment fee | 241.50 |
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| Over-limit fee | 303.45 |
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| Foreign currency fee | 2.89% (plus Visa/Mastercard charges; VAT not applicable) |
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| Minimum payment | 5% of outstanding (per KFS worked example, AED 50 on AED 1,000) |
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| Interest-free period | up to 57 days |
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| Card replacement fee | 78.80 |
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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 is best for everyday spenders who dine out often and want a no-fee cashback card.
What works well
- ✓No annual fee
- ✓Strong uncapped dining cashback
- ✓No minimum spend requirement
What to weigh up
- −Very low 0.33% cashback on bills and government categories
- −Boosted promo cashback capped at AED 50 per merchant per month
Mashreq Cashback Credit Card eligibility
Minimum monthly income AED 5,000; UAE resident.
▤Emirates ID▤Passport/visa copy▤Salary certificate or bank statements
Mashreq Cashback Credit Card FAQs
Minimum monthly income AED 5,000; UAE resident.
The card is listed as free for life with no annual fee. Confirm that this remains part of the final bank offer before applying.
Earn 5% on local and international dining (only at merchants classified as restaurants, including online food delivery); 1% on other international spend; 1% on other UAE spend; and 0.33% on government payments, fuel, utilities, education, charity, rental and telecom.
This card is best for everyday spenders who dine out often and want a no-fee cashback card.
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.
