Mashreq Cashback Credit Card
A no-fee cashback credit card by Mashreq offering 5% cashback on dining and 1% on all other spends.
Free
5% dining
AED 5,000
3.14%
Who Is This Card For?
Calculate This Card’s Value
Key Strengths and Weaknesses
Strengths
5% cashback on dining with no monthly cap or minimum spend requirement.
Zero annual fee with no waiver conditions or ongoing spend thresholds.
1% cashback on all other purchases including groceries, fuel, and online shopping.
AED 500 welcome bonus for new customers after spending AED 5,000 in 60 days.
Watch out for
Only 0.33% cashback on utilities, significantly lower than other categories.
3.14% foreign exchange markup reduces value on international and travel spending.
1% international cashback is modest compared to travel-focused cards.
Earning Rates
5%
1%
1%
0.33%
Perks
Fees & Conditions
Frequently Asked Questions
Is there an annual fee for the Mashreq Cashback Credit Card?
No, this card has zero annual fee and no joining fee. There are no spend requirements to waive the fee because it is permanently free.
How much cashback do I earn on dining?
You earn 5% cashback on all dining transactions with no monthly cap or minimum spend requirement.
What is the welcome bonus and how do I qualify?
New credit card customers receive AED 500 cashback after spending AED 5,000 within the first 60 days. Existing Mashreq credit card customers receive AED 100 instead.
Can I use this card abroad without high fees?
You can use it internationally and earn 1% cashback, but the 3.14% foreign exchange markup makes it less attractive for overseas spending compared to cards with lower FX fees.
What is the minimum salary to apply for this card?
The minimum monthly salary requirement is AED 5,000, making it accessible to a broad range of applicants in the UAE.