The Mashreq Cashback Credit Card stands out for individuals in the UAE looking for generous cashback rewards and a lifetime free card. With no annual fees ever, cardholders can earn up to 5% cashback on dining, 1% on international spending, and up to 1% locally. Welcome bonuses of up to AED 500 are offered for qualifying new cardholders. There’s a 3.85% monthly interest rate and a minimum income requirement of AED 5,000. The card provides instant approval decisions and has clear terms for how cashback is accrued and redeemed.

How to Apply: Step by Step

1. Visit the provider’s website to begin your application.
2. Provide your personal and income details, ensuring your monthly income is at least AED 5,000.
3. Submit requested identification documents and any additional supporting paperwork.
4. Wait for an instant decision, and if approved, your card is issued promptly.

Key Benefits

Enjoy up to 5% cashback on both international and local dining, making it excellent for food lovers who often dine out.

This card comes with zero annual fees, not only for the primary cardholder but also supplementary cards, helping you maximise your savings year after year.

Potential Drawbacks

Cashback rates are lower for utility and government-related payments (0.33%), which is less rewarding for those whose main expenses fall into these categories.

To receive the maximum welcome bonus, new cardholders must spend AED 5,000 within the initial two months, which might be challenging for some.

Our Verdict

For shoppers seeking consistent cashback and lifetime savings, the Mashreq Cashback Credit Card is highly attractive. Its standout features are the high dining cashback, AED 500 welcome bonus, and the ‘free for life’ structure. While the lower rates on utility spending and the minimum spend for the welcome offer are notable, the benefits far outweigh these minor drawbacks for most users.