MINIMUM SALARY
AED 8,000
RATE
3.25%
ANNUAL FEE
AED 12
MINIMUM SALARY
AED 8,000
RATE
3.25%
ANNUAL FEE
AED 12
Non AED Transaction Fee
2.99%
Cash Advance Fee
3.00 % / Min 99
Joining Offers
Get a 12-month free amazon prime membership as joining offer
Key Features
Reward Features
Earn Cashback on your Citi Cashback Credit Card:
Things To Be Aware Of
MINIMUM SALARY
AED 5,000
RATE
3.50%
ANNUAL FEE
AED 315
MINIMUM SALARY
AED 5,000
RATE
3.50%
ANNUAL FEE
AED 315
Non AED Transaction Fee
2.05%
Cash Advance Fee
3.15% / Min AED105
Joining Offers
Apply for a new FAB Mastercard credit card and earn cashback ( AED 250 for expats and AE 750 for UAE Nationals) . One must have a spend of AED 1,000 in the first 30 days of issuance to qualify for this cashback joining offer. Plus, with FAB Mastercard Cashback Credit Card, you get an additional 5% cashback at the supermarket (including online supermarket shopping). This promotion is only valid until 31 May 2021.
Key Features
Reward Features
Ramadan Cashback Welcome Bonus
Ramadan Offer: AED 250 Cashback for Expatriates within 30 days (valid upto 31-May-21)
Ramadan Offer: AED 750 Cashback for UAE Nationals within 30 days (valid upto 31-May-21)
Earn Cashback
Things To Be Aware Of
MINIMUM SALARY
AED 8,000
RATE
3.45%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 8,000
RATE
3.45%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.20%
Cash Advance Fee
3.00 % / Min 99
Key Features
Reward Features
Earn Cashback on all spends
If your Cashback on Supermarket, Dining and Cinemas exceed the monthly maximum Cashback cap for these categories, then the excess spend amount in these categories will earn you Cashback at standard Cashback rates.
Monthly Spend Tier & Cashback on all other spends:
Standard Cashback*
In addition to the above you will earn up to 2% Cashback on your Domestic & International Retail Purchase Transactions, Internet Transactions and International Cash Advances
Max cashback payable across all categories = 1,500 p.m
*Effective April 14th, 2020, all spends under the category of Charities, Government Services, Bill Payments, Schools, Education, Transits, Transport, Telecommunication, Real Estate, Petrol/Gas stations, Health & Beauty, Club Membership, Computer Services, Automobiles & Vehicles and Insurance Services will earn 0.25% cashback for every AED 1 spent.
*Effective May 14th, 2020, all spends under the category of Charities, Government Services, Bill Payments, Schools, Education, Transits, Transport, Telecommunication, Real Estate, Petrol/Gas stations, will earn 0.25% cashback for every AED 1 spent.
The minimum threshold to redeem cashback for the Titanium card is AED 500.
Transactions made through any of the banking channels i.e. IVR, Internet Banking, Mobile, CDMs, ATM’s, Branches or any other RAKBANK payment channels will not be eligible for any cashback/rewards.
Things To Be Aware Of
MINIMUM SALARY
AED 7,000
RATE
3.45%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 7,000
RATE
3.45%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.79%
Cash Advance Fee
3.15 % / AED 210
Joining Offers
AED 500 Cashback as joining bonus
Key Features
Reward Features
Unlimited Cashback on all spend
The cashback will be calculated on your statement date. For example: For customers with a statement date (billing cycle) on the 23rd - Spends posted between 23rd and 22nd of every month will be considered.
The cashback can be redeemed on achievement of a minimum of AED 100/- as cashback balance.
To redeem your cashback: - Visit Mashreq Online Banking on mashreq.com for online redemption, or - Call the Direct Banking Center at 04-4244444 and place a request for the same. The cashback will be credited within a maximum of 3 working days into the Cashback Credit Card account.
the cashback earned has a maximum validity of 18 months from the date of earning. If the cashback is not redeemed within this period, it will be expired.
20% cashback for the first 6 months at Zomato, Netflix, Careem, Noon, UberEats, iTunes, Uber, Du, Talabat, Amazon Prime & Etisalat
MINIMUM SALARY
AED 8,000
RATE
3.09%
ANNUAL FEE
AED 1,000
MINIMUM SALARY
AED 8,000
RATE
3.09%
ANNUAL FEE
AED 1,000
Non AED Transaction Fee
3.10%
Cash Advance Fee
3.00 % / Min 99
Key Features
Reward Features
1% flat Cashback: anywhere – any time
Things To Be Aware Of
MINIMUM SALARY
AED 8,000
RATE
3.09%
ANNUAL FEE
AED 299
MINIMUM SALARY
AED 8,000
RATE
3.09%
ANNUAL FEE
AED 299
Non AED Transaction Fee
3.10%
Cash Advance Fee
3.00 % / Min 99
Key Features
Reward Features
1.25% cashback on international spend and 0.8% on domestic spend
Things To Be Aware Of
MINIMUM SALARY
AED 8,000
RATE
3.09%
ANNUAL FEE
AED 250
MINIMUM SALARY
AED 8,000
RATE
3.09%
ANNUAL FEE
AED 250
Non AED Transaction Fee
3.10%
Cash Advance Fee
3.00 % / Min 99
Key Features
Reward Features
1% Cashback: anywhere – any time
MINIMUM SALARY
AED 8,000
RATE
3.09%
ANNUAL FEE
AED 500
MINIMUM SALARY
AED 8,000
RATE
3.09%
ANNUAL FEE
AED 500
Non AED Transaction Fee
3.10%
Cash Advance Fee
3.00 % / Min 99
Key Features
Reward Features
ADIB Rewards Program
1% flat Cashback: anywhere – any time
Things To Be Aware Of
MINIMUM SALARY
AED 10,000
RATE
3.00%
ANNUAL FEE
AED 150
MINIMUM SALARY
AED 10,000
RATE
3.00%
ANNUAL FEE
AED 150
Non AED Transaction Fee
2.75%
Cash Advance Fee
3.00 % / Min 100
Joining Offers
3,000 Sign-up bonus reward points!
Key Features
Reward Features
Al Masraf Rewards:
A program that delivers amazing value by rewarding your spends with points which can be redeemed across multiple categories like travel, lifestyle, leisure or simply redeem for cash back.
Things To Be Aware Of
MINIMUM SALARY
AED 40,000
RATE
2.75%
ANNUAL FEE
AED 750
MINIMUM SALARY
AED 40,000
RATE
2.75%
ANNUAL FEE
AED 750
Non AED Transaction Fee
2.75%
Cash Advance Fee
3.00 % / Min 100
Joining Offers
10,000 Sign-up bonus reward points!
Key Features
Reward Features
Al Masraf Rewards:
A program that delivers amazing value by rewarding your spends with points which can be redeemed across multiple categories like travel, lifestyle, leisure or simply redeem for cash back.
Earn Al Masraf Rewards on all spends:
Things To Be Aware Of
MINIMUM SALARY
AED 20,000
RATE
2.90%
ANNUAL FEE
AED 500
MINIMUM SALARY
AED 20,000
RATE
2.90%
ANNUAL FEE
AED 500
Non AED Transaction Fee
2.75%
Cash Advance Fee
3.00 % / Min 100
Joining Offers
5,000 Sign-up bonus reward points!
Key Features
Reward Features
Al Masraf Rewards:
A program that delivers amazing value by rewarding your spends with points which can be redeemed across multiple categories like travel, lifestyle, leisure or simply redeem for cash back.
Earn Al Masraf Rewards on all spends:
Things To Be Aware Of
MINIMUM SALARY
AED 8,000
RATE
3.45%
ANNUAL FEE
AED 420
MINIMUM SALARY
AED 8,000
RATE
3.45%
ANNUAL FEE
AED 420
Non AED Transaction Fee
2.75%
Cash Advance Fee
3.00 % / Min 105
Joining Offers
No Annual Fee for the first year on Primary Card. Annual fee applicable only from second year onwards
Key Features
Reward Features
Earn 10% CASHBACK on the following everyday retail spend categories, capped at AED 200 per category, per month, when you spend AED 1,500 outside of these categories:
Earn up to 1% Cashback on every AED 2 on all other spends, with no caps.
Things To Be Aware Of
MINIMUM SALARY
AED 5,000
RATE
3.45%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 5,000
RATE
3.45%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.75%
Cash Advance Fee
3.00 % / Min 105
Joining Offers
Welcome Offer
20,000 CBD Reward Points.
Welcome Bonus is given provided the cardholder spends 500 AED within 30 days from card issuance date.
Key Features
Reward Features
Earn Reward Points
Earn CBD Reward Points
Earn 0.5 point per AED of grocery purchases
Earn 0.5 points per 1 AED of government purchases
Earn 1 points per 1 AED for all other local purchases
Earn 1.5 points per 1 AED for all other international purchases
CBD Points can be redeemed for Emirates Skywards Miles, Etihad Guest Miles in the rate of 20 for 1 mile or for Cash Back.
Things To Be Aware Of
MINIMUM SALARY
AED 20,000
RATE
3.45%
ANNUAL FEE
AED 787
MINIMUM SALARY
AED 20,000
RATE
3.45%
ANNUAL FEE
AED 787
Non AED Transaction Fee
2.75%
Cash Advance Fee
3.00 % / Min 105
Joining Offers
60,000 CBD Reward Points.
Welcome Bonus is given provided the cardholder spends 5000 AED within 30 days from card issuance date.
Key Features
Reward Features
Earn Reward Points
Things To Be Aware Of
MINIMUM SALARY
AED 8,000
RATE
3.45%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 8,000
RATE
3.45%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.75%
Cash Advance Fee
3.00 % / Min 105
Joining Offers
Welcome Offer
20,000 CBD Reward Points.
Welcome Bonus is given provided the cardholder spends 500 AED within 30 days from card issuance date.
Key Features
Reward Features
Earn Reward Points
Things To Be Aware Of
MINIMUM SALARY
AED 12,000
RATE
3.45%
ANNUAL FEE
AED 525
MINIMUM SALARY
AED 12,000
RATE
3.45%
ANNUAL FEE
AED 525
Non AED Transaction Fee
2.75%
Cash Advance Fee
3.00 % / Min 105
Joining Offers
Welcome Offer
Key Features
Reward Features
Earn Reward Points
Things To Be Aware Of
MINIMUM SALARY
AED 30,000
RATE
3.45%
ANNUAL FEE
AED 787
MINIMUM SALARY
AED 30,000
RATE
3.45%
ANNUAL FEE
AED 787
Non AED Transaction Fee
2.75%
Cash Advance Fee
3.00 % / Min 105
Joining Offers
40,000 CBD Reward Points.
Welcome Bonus is given provided the cardholder spends 5000 AED within 30 days from card issuance date.
Key Features
Reward Features
Earn Reward Points
Things To Be Aware Of
MINIMUM SALARY
AED 8,000
RATE
3.25%
ANNUAL FEE
AED 12
MINIMUM SALARY
AED 8,000
RATE
3.25%
ANNUAL FEE
AED 12
Non AED Transaction Fee
2.99%
Cash Advance Fee
3.00 % / Min 99
Joining Offers
Get a 12-month free amazon prime membership as joining offer
Key Features
Reward Features
Earn Cashback on your Citi Cashback Credit Card:
Things To Be Aware Of
MINIMUM SALARY
AED 10,000
RATE
3.25%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 10,000
RATE
3.25%
ANNUAL FEE
AED 0
Non AED Transaction Fee
3.14%
Cash Advance Fee
3.15 % / Min 105
Joining Offers
Free for life card.
Key Features
Reward Features
Earn Cash up:
Spend & Cash Up Tiers:
Dept Sores
Online shopping
Entertainment
All other Retail Purchses: 1%
Things To Be Aware Of
MINIMUM SALARY
AED 5,000
RATE
3.33%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 5,000
RATE
3.33%
ANNUAL FEE
AED 0
Non AED Transaction Fee
3.14%
Cash Advance Fee
3.15 % / Min 105
Joining Offers
First year free and continue saving on Annual fee if your spend is greater than AED 2000 in a year.
Key Features
Reward Features
Earn Cash Up:
Spend & Cash Up Tiers:
Dept Sores:
Utilities & Govt Services:
Fuel:
All Spend - 3%
All other Retail Purchases: 0.5%
Things To Be Aware Of
MINIMUM SALARY
AED 25,000
RATE
2.99%
ANNUAL FEE
AED 525
MINIMUM SALARY
AED 25,000
RATE
2.99%
ANNUAL FEE
AED 525
Non AED Transaction Fee
3.14%
Cash Advance Fee
3.15 % / AED 105
Key Features
Reward Features
Earn Cash Up on all spends:
Spend & Cash Up Tiers:
Airlines:
Hotel:
Entertainment:
Things To Be Aware Of
MINIMUM SALARY
AED 5,000
RATE
3.50%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 5,000
RATE
3.50%
ANNUAL FEE
AED 0
Non AED Transaction Fee
3.90%
Cash Advance Fee
3.00 % / Min 100
Joining Offers
No Annual fee
Key Features
Reward Features
Earn Cashback:
Dubai First Cashback Card offers unlimited cashback with instant earning & redemption through the Dubai First Mobile app.
The Dubai First Cashback Card offers unlimited cashback as well as instant earning and redemption through the Dubai First Mobile App.
Things To Be Aware Of
MINIMUM SALARY
AED 10,000
RATE
3.19%
ANNUAL FEE
AED 750
MINIMUM SALARY
AED 10,000
RATE
3.19%
ANNUAL FEE
AED 750
Non AED Transaction Fee
3.90%
Cash Advance Fee
3.00 % / Min 100
Key Features
Reward Features
Earn Cashback
Total domestic spend & cashback earned per month
Things To Be Aware Of
MINIMUM SALARY
AED 15,000
RATE
3.25%
ANNUAL FEE
AED 209
MINIMUM SALARY
AED 15,000
RATE
3.25%
ANNUAL FEE
AED 209
Non AED Transaction Fee
2.26%
Cash Advance Fee
- / -
Key Features
Reward Features
Earn Cashback
Things To Be Aware Of
MINIMUM SALARY
AED 5,000
RATE
3.25%
ANNUAL FEE
AED 157
MINIMUM SALARY
AED 5,000
RATE
3.25%
ANNUAL FEE
AED 157
Non AED Transaction Fee
2.26%
Cash Advance Fee
Key Features
Reward Features
Earn Cashback:
Maximum monthly cashback is AED 1,000 per billing cycle. Cashback is only on spends in UAE.
Things To Be Aware Of
MINIMUM SALARY
AED 5,000
RATE
3.49%
ANNUAL FEE
AED 350
MINIMUM SALARY
AED 5,000
RATE
3.49%
ANNUAL FEE
AED 350
Non AED Transaction Fee
3.49%
Cash Advance Fee
3.00 % / Min 199
Key Features
Reward Features
Earn Cashback on your Emirates Islamic Cashback Card
Things To Be Aware Of
MINIMUM SALARY
AED 5,000
RATE
3.49%
ANNUAL FEE
AED 299
MINIMUM SALARY
AED 5,000
RATE
3.49%
ANNUAL FEE
AED 299
Non AED Transaction Fee
3.49%
Cash Advance Fee
3.00 % / Min 199
Joining Offers
Cashback Plus Free for life- offer expires on 31st December 2020
Key Features
Reward Features
Earn Cashback on your Emirates Islamic Cashback Plus Credit Card
Cashback on Supermarket, Education, Dining & telecom for total monthly spend level:
Maximum Cash Back Per Month - AED 200 for above categories, except Education as the cap is AED400.
Things To Be Aware Of
MINIMUM SALARY
AED 5,000
RATE
3.49%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 5,000
RATE
3.49%
ANNUAL FEE
AED 0
Non AED Transaction Fee
3.49%
Cash Advance Fee
3.00 % / Min 99
Key Features
Reward Features
Earn upto 1.25% cashback per AED 1 on domestic spend
Earn upto 2.25% cashback per AED 1 on international spend
Earn 10% cash back on fuel spends (max AED 100 p.m)
Earn 10% cash back on RTA transport payments (max AED 100 p.m)
Things To Be Aware Of
MINIMUM SALARY
AED 10,000
RATE
3.25%
ANNUAL FEE
AED 400
MINIMUM SALARY
AED 10,000
RATE
3.25%
ANNUAL FEE
AED 400
Non AED Transaction Fee
3.14%
Cash Advance Fee
3.00 % / Min 99
Key Features
Reward Features
Earn Plus Points rewards on all domestic and international spends:
Things To Be Aware Of
MINIMUM SALARY
AED 12,000
RATE
3.25%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 12,000
RATE
3.25%
ANNUAL FEE
AED 0
Non AED Transaction Fee
3.14%
Cash Advance Fee
3.00 % / Min 99
Joining Offers
Life time free credit card along with a AED 300 Noon.com voucher. Apply online now!
Key Features
Reward Features
Earn Plus Points rewards:
Things To Be Aware Of
MINIMUM SALARY
AED 12,000
RATE
3.25%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 12,000
RATE
3.25%
ANNUAL FEE
AED 0
Non AED Transaction Fee
3.14%
Cash Advance Fee
3.00 % / Min 99
Joining Offers
Apply for a Platinum credit card and get it free along with a voucher worth AED 300 to spend on Noon.com.
Key Features
Reward Features
Earn Plus Points Rewards
Things To Be Aware Of
MINIMUM SALARY
AED 5,000
RATE
3.25%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 5,000
RATE
3.25%
ANNUAL FEE
AED 0
Non AED Transaction Fee
3.14%
Cash Advance Fee
3.00 % / Min 99
Joining Offers
Life time free credit card along with a AED 300 Noon.com voucher. Apply online now!
Key Features
Reward Features
Earn Plus Points Rewards
Things To Be Aware Of
MINIMUM SALARY
AED 50,000
RATE
2.99%
ANNUAL FEE
AED 1,500
MINIMUM SALARY
AED 50,000
RATE
2.99%
ANNUAL FEE
AED 1,500
Non AED Transaction Fee
3.14%
Cash Advance Fee
3.00 % / Min 99
Key Features
Reward Features
Earn Plus Points Rewards
Things To Be Aware Of
MINIMUM SALARY
AED 12,000
RATE
3.25%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 12,000
RATE
3.25%
ANNUAL FEE
AED 0
Non AED Transaction Fee
3.14%
Cash Advance Fee
3.00 % / Min 99
Joining Offers
Apply for a Platinum credit card and get it free along with a voucher worth AED 300 to spend on Noon.com.
Key Features
Reward Features
Earn Plus Points Rewards
Things To Be Aware Of
MINIMUM SALARY
AED 15,000
RATE
3.50%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 15,000
RATE
3.50%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.05%
Cash Advance Fee
3.15 % / Min 105
Key Features
Reward Features
Choose from First Rewards, First Miles or First Cashback
Choice of loyalty program:
First Reward Point:
Cashback:
First Miles:
Things To Be Aware Of
MINIMUM SALARY
AED 5,000
RATE
3.50%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 5,000
RATE
3.50%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.05%
Cash Advance Fee
3.15 % / Min 105
Key Features
Reward Features
Choose from First Rewards, First Miles or First Cashback
Earn 1 First Reward Point per AED on domestic spends.
Earn 2 First Reward Points on International Spends.
OR
Earn up to 3% First Cashback on your domestic spends.
Earn up to 5% First Cashback on your international spends.
Cashback earnings will be capped at AED 1,000 per cycle.
Things To Be Aware Of
MINIMUM SALARY
AED 5,000
RATE
3.50%
ANNUAL FEE
AED 315
MINIMUM SALARY
AED 5,000
RATE
3.50%
ANNUAL FEE
AED 315
Non AED Transaction Fee
2.05%
Cash Advance Fee
3.15% / Min AED105
Joining Offers
Apply for a new FAB Mastercard credit card and earn cashback ( AED 250 for expats and AE 750 for UAE Nationals) . One must have a spend of AED 1,000 in the first 30 days of issuance to qualify for this cashback joining offer. Plus, with FAB Mastercard Cashback Credit Card, you get an additional 5% cashback at the supermarket (including online supermarket shopping). This promotion is only valid until 31 May 2021.
Key Features
Reward Features
Ramadan Cashback Welcome Bonus
Ramadan Offer: AED 250 Cashback for Expatriates within 30 days (valid upto 31-May-21)
Ramadan Offer: AED 750 Cashback for UAE Nationals within 30 days (valid upto 31-May-21)
Earn Cashback
Things To Be Aware Of
MINIMUM SALARY
AED 30,000
RATE
3.50%
ANNUAL FEE
AED 315
MINIMUM SALARY
AED 30,000
RATE
3.50%
ANNUAL FEE
AED 315
Non AED Transaction Fee
3.65%
Cash Advance Fee
3.15 % / Min AED105
Joining Offers
Celebrate the month of giving. Apply for a new FAB Islamic MasterCard credit card, and get cashback of AED 250 when you spend AED 1,000 using your card within the first 30 days of its issuance.
Key Features
Reward Features
Ramadan Cashback Welcome Bonus
Ramadan Offer: AED 250 Cashback for Expatriates within 30 days (valid upto 31-May-21)
No minimum spend requirements and no cashback cap either!
Things To Be Aware Of
MINIMUM SALARY
AED 15,000
RATE
3.50%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 15,000
RATE
3.50%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.05%
Cash Advance Fee
3.15 % / Min 105
Key Features
Reward Features
Choice of loyalty program:
First Reward Point:
Cashback:
First Miles:
Things To Be Aware Of
MINIMUM SALARY
AED 5,000
RATE
3.50%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 5,000
RATE
3.50%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.05%
Cash Advance Fee
3.15 % / Min 105
Key Features
Reward Features
Choose from First Rewards or First Cashback
Earn 1 First Reward Point per AED on domestic spends.
Earn 2 First Reward Points on supermarket spends.
Earn 2 First Reward Points on International Spends (minimum cumulative spend of AED 500 and maximum spend of AED 20,000 during a given month).
To redeem choose from hundreds of rewards vouchers for jewellery, personal accessories, electronics and more.
OR
Earn up to 3% First Cashback on your domestic spend.
Earn up to 5% First Cashback on your international spend.
Cashback earnings will be capped at AED 1,000 per cycle..
Things To Be Aware Of
MINIMUM SALARY
AED 30,000
RATE
3.50%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 30,000
RATE
3.50%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.05%
Cash Advance Fee
3.15 % / Min 105
Key Features
Reward Features
Choose from First Rewards, First Miles or First Cashback
Choice of loyalty program:
First Reward Point:
Cashback:
First Miles:
Things To Be Aware Of
MINIMUM SALARY
AED 8,000
RATE
3.50%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 8,000
RATE
3.50%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.05%
Cash Advance Fee
3.15 % / Min 105
Joining Offers
Earn up to AED 3,000 guaranteed cashback (T&Cs apply) and get a chance to win a BMW.
Key Features
Reward Features
First Reward Point:
Things To Be Aware Of
MINIMUM SALARY
AED 10,000
RATE
3.45%
ANNUAL FEE
AED 313
MINIMUM SALARY
AED 10,000
RATE
3.45%
ANNUAL FEE
AED 313
Non AED Transaction Fee
2.10%
Cash Advance Fee
3.25 % / Min AED105
Key Features
Reward Features
Earn Cashback on ALL spends:
Things To Be Aware Of
MINIMUM SALARY
AED 7,000
RATE
3.45%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 7,000
RATE
3.45%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.79%
Cash Advance Fee
3.15 % / AED 210
Joining Offers
AED 500 Cashback as joining bonus
Key Features
Reward Features
Unlimited Cashback on all spend
The cashback will be calculated on your statement date. For example: For customers with a statement date (billing cycle) on the 23rd - Spends posted between 23rd and 22nd of every month will be considered.
The cashback can be redeemed on achievement of a minimum of AED 100/- as cashback balance.
To redeem your cashback: - Visit Mashreq Online Banking on mashreq.com for online redemption, or - Call the Direct Banking Center at 04-4244444 and place a request for the same. The cashback will be credited within a maximum of 3 working days into the Cashback Credit Card account.
the cashback earned has a maximum validity of 18 months from the date of earning. If the cashback is not redeemed within this period, it will be expired.
20% cashback for the first 6 months at Zomato, Netflix, Careem, Noon, UberEats, iTunes, Uber, Du, Talabat, Amazon Prime & Etisalat
MINIMUM SALARY
AED 10,000
RATE
3.45%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 10,000
RATE
3.45%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.79%
Cash Advance Fee
3.15 % / Min 210
Key Features
Reward Features
Earn Cashback
Things To Be Aware Of
MINIMUM SALARY
AED 10,000
RATE
3.45%
ANNUAL FEE
AED 787
MINIMUM SALARY
AED 10,000
RATE
3.45%
ANNUAL FEE
AED 787
Non AED Transaction Fee
2.79%
Cash Advance Fee
3.15 % / Min 210
Key Features
Reward Features
Things To Be Aware Of
MINIMUM SALARY
AED 8,000
RATE
3.25%
ANNUAL FEE
AED 314
MINIMUM SALARY
AED 8,000
RATE
3.25%
ANNUAL FEE
AED 314
Non AED Transaction Fee
3.00%
Cash Advance Fee
3.00 % / Min 90
Key Features
Reward Features
Earn cashback subject to minimum spend of AED 2,000 per month:
Things To Be Aware Of
MINIMUM SALARY
AED 7,000
RATE
3.25%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 7,000
RATE
3.25%
ANNUAL FEE
AED 0
Non AED Transaction Fee
3.00%
Cash Advance Fee
3.00 % / Min 90
Key Features
Reward Features
Earn Cashback (subject to minimum overall spend of AED 2,000 per month) :
Things To Be Aware Of
MINIMUM SALARY
AED 8,000
RATE
3.25%
ANNUAL FEE
AED 420
MINIMUM SALARY
AED 8,000
RATE
3.25%
ANNUAL FEE
AED 420
Non AED Transaction Fee
3.00%
Cash Advance Fee
3.00 % / Min 90
Joining Offers
10% cashback at Carrefour and 5% cashback everywhere else for the first 60 days. Get AED 400 cashback as introductory offer.
Key Features
Reward Features
Earn Cashback (subject to minimum overall spend of AED 2,000 per month):
Things To Be Aware Of
MINIMUM SALARY
AED 8,000
RATE
3.25%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 8,000
RATE
3.25%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.50%
Cash Advance Fee
3.00 % / min 100
Key Features
Reward Features
Earn Cashback
Can be redeemed for CashBack, Sharaf DG, Kalyan Jewellers, Joyalukkas, Jacky's retailer & Jack's Electronics vouchers and Awqaf and Minors Affairs (AMAF) donations.
Things To Be Aware Of
MINIMUM SALARY
AED 8,000
RATE
3.25%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 8,000
RATE
3.25%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.50%
Cash Advance Fee
3.00 % / min 100
Key Features
Reward Features
Earn Cashback
Can be redeemed for CashBack, Sharaf DG, Kalyan Jewellers, Joyalukkas, Jacky's retailer & Jack's Electronics vouchers and Awqaf and Minors Affairs (AMAF) donations
MINIMUM SALARY
AED 30,000
RATE
3.25%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 30,000
RATE
3.25%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.50%
Cash Advance Fee
3.00 % / min 100
Key Features
Reward Features
Earn Cashback
Can be redeemed for CashBack, Sharaf DG, Kalyan Jewellers, Joyalukkas, Jacky's retailer & Jack's Electronics vouchers and Awqaf and Minors Affairs (AMAF) donations.
Things To Be Aware Of
MINIMUM SALARY
AED 30,000
RATE
3.25%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 30,000
RATE
3.25%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.50%
Cash Advance Fee
3.00 % / Min 100
Key Features
Reward Features
Earn Cashback
Can be redeemed for CashBack, Sharaf DG, Kalyan Jewellers, Joyalukkas, Jacky's retailer & Jack's Electronics vouchers and Awqaf and Minors Affairs (AMAF) donations.
Things To Be Aware Of
MINIMUM SALARY
AED 5,000
RATE
3.45%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 5,000
RATE
3.45%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.20%
Cash Advance Fee
3.00 % / Min 99
Key Features
Reward Features
Earn Cashback
All spends under the category of Bill Payments (Telecommunication & utility), Real Estate, Car Rentals, Transport and Petrol/Gas Stations will earn 0.25% cashback for every AED 1 spent.
Things To Be Aware Of
MINIMUM SALARY
AED 5,000
RATE
3.45%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 5,000
RATE
3.45%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.20%
Cash Advance Fee
3.00 % / Min 99
Key Features
Reward Features
Earn Cashback
Things To Be Aware Of
MINIMUM SALARY
AED 5,000
RATE
3.45%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 5,000
RATE
3.45%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.20%
Cash Advance Fee
3.00 % / Min 99
Key Features
Reward Features
Get discounts on all spends
Monthly Spend Tier & Discount earned:
Max. discount Cap of AED 300 per month.
Government spend, utilities, telecom, real estate and fuel will earn 0.25% discount per 1 AED spent
Things To Be Aware Of
MINIMUM SALARY
AED 10,000
RATE
3.45%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 10,000
RATE
3.45%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.20%
Cash Advance Fee
3.45 % / 2%
Key Features
Reward Features
Enjoy 1% Cashback* on all domestic and international retail, internet, cash transactions
Note: Maximum Cashback is AED 1,000 per month.
All spends under the category of Bill Payments (Telecommunication & utility), Government services, Real Estate, Car Rentals, Transport and Petrol/Gas Stations will earn 0.25% cashback for every AED 1 spent.
Things To Be Aware Of
MINIMUM SALARY
AED 8,000
RATE
3.45%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 8,000
RATE
3.45%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.20%
Cash Advance Fee
3.00 % / Min 99
Key Features
Reward Features
Earn Cashback on all spends
If your Cashback on Supermarket, Dining and Cinemas exceed the monthly maximum Cashback cap for these categories, then the excess spend amount in these categories will earn you Cashback at standard Cashback rates.
Monthly Spend Tier & Cashback on all other spends:
Standard Cashback*
In addition to the above you will earn up to 2% Cashback on your Domestic & International Retail Purchase Transactions, Internet Transactions and International Cash Advances
Max cashback payable across all categories = 1,500 p.m
*Effective April 14th, 2020, all spends under the category of Charities, Government Services, Bill Payments, Schools, Education, Transits, Transport, Telecommunication, Real Estate, Petrol/Gas stations, Health & Beauty, Club Membership, Computer Services, Automobiles & Vehicles and Insurance Services will earn 0.25% cashback for every AED 1 spent.
*Effective May 14th, 2020, all spends under the category of Charities, Government Services, Bill Payments, Schools, Education, Transits, Transport, Telecommunication, Real Estate, Petrol/Gas stations, will earn 0.25% cashback for every AED 1 spent.
The minimum threshold to redeem cashback for the Titanium card is AED 500.
Transactions made through any of the banking channels i.e. IVR, Internet Banking, Mobile, CDMs, ATM’s, Branches or any other RAKBANK payment channels will not be eligible for any cashback/rewards.
Things To Be Aware Of
MINIMUM SALARY
AED 20,000
RATE
3.25%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 20,000
RATE
3.25%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.20%
Cash Advance Fee
3.00 % / Min 99
Key Features
Reward Features
Earn Cashback on all spends
Monthly spend tier AED 15,000 to AED 19,999 earn cashback on:
Travel - 5% (max AED 300)
Supermarkets - 5% (max AED 200)
For monthly spend above AED 20,000 earn cashback on:
Travel - 10% (max AED 600)
Supermarkets - 10% (max AED 400)
Monthly Spend Tier & Cashback earned:
Up to AED 14,999 - 3% (international), 1% (domestic)
AED 14,999 to 29,999 - 4% (international), 2% (domestic)
Above AED 30,000 - 5% (international), 3% (domestic)
Things To Be Aware Of
MINIMUM SALARY
AED 5,000
RATE
3.25%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 5,000
RATE
3.25%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.99%
Cash Advance Fee
3.15 % / AED 105
Key Features
Reward Features
Earn Cashback
Receive 1.5% cash back on all purchases. Monthly purchases of at least AED 1,000 required
Maximum monthly cash back is AED 1,000
Things To Be Aware Of
MINIMUM SALARY
AED 5,000
RATE
3.45%
ANNUAL FEE
AED 525
MINIMUM SALARY
AED 5,000
RATE
3.45%
ANNUAL FEE
AED 525
Non AED Transaction Fee
2.99%
Cash Advance Fee
3.15 % / Min 105
Key Features
Reward Features
Earn excellent Cashback rates on Standard Chartered Mastercard Platinum Credit Card:
Things To Be Aware Of
MINIMUM SALARY
AED 5,000
RATE
3.19%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 5,000
RATE
3.19%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.99%
Cash Advance Fee
3.15 % / Min 105
Key Features
Reward Features
Earn Cashback:
Conditions: You need to spend at least AED 500 per month to earn cashback. Maximum cashback amount is AED 4,800 per year.
Things To Be Aware Of
MINIMUM SALARY
AED 5,000
RATE
3.19%
ANNUAL FEE
AED 262
MINIMUM SALARY
AED 5,000
RATE
3.19%
ANNUAL FEE
AED 262
Non AED Transaction Fee
2.99%
Cash Advance Fee
3.15 % / Min 105
Key Features
Reward Features
Cashback
3% cashback on all your card transactions up to AED 3,600 per year
Things To Be Aware Of
MINIMUM SALARY
AED 18,000
RATE
3.19%
ANNUAL FEE
AED 0
MINIMUM SALARY
AED 18,000
RATE
3.19%
ANNUAL FEE
AED 0
Non AED Transaction Fee
2.99%
Cash Advance Fee
3.15 % / Min 105
Key Features
Reward Features
Earn Cashback
Earn 1.5% cashback on your total spend
Cashback credit cards are quite popular among credit card customers in the UAE. With so many cards offered, it is not an easy task to compare and identify which cards offer the highest cashback that meets your spend pattern. The purpose of this article is to help you make a well-informed decision while shopping for a cashback credit card in the UAE. Before we get into the categories and recommendations, let us go through the basics.
Banks recognize their customer loyalty through rewards and promote consistent usage of their products. These loyalty rewards do build customer loyalty and loyal customers are profitable as well. The longer a customer stays with a bank they become less expensive to serve. On the other side, customer ends up saving a percentage of his spend. It is a win- win for both.
Cashback on credit cards is a loyalty reward program where in banks reward you with a percentage of spend as a cashback credit. Below is an example.
A card offers you cashback of 5% on all supermarket spends and you use this card in a supermarket for AED 1,000 in a particular month. The bank will give you a credit of AED 50 (5% of AED 1,000) in your next credit card statement. This means that you have effectively saved AED 50 and your supermarket spend cost you only AED 950. Cashback credit cards can be particularly useful in helping you maximize your savings by simply using your credit card.
Choosing a cashback credit card may not be as easy it sounds. You need to consider the below
Which cards are available at your current income?
What are the joining offers?
How easy is to redeem cashback is it an automatic process or a manual process?
What’s the card’s cash-back rate, annual fee, maximum cashback caps, spend requirement and so on?
Do the reward points lapse after a period if not redeemed?
Any Fine prints?
Answers to the above questions will determine which card is most suitable for you. Soulwallet is a neutral personal finance comparison site. Our analysts constantly review product features of credit cards in the market to provide you with valuable insights into personal finance solutions.
We strongly recommend that the specific reward program terms are read and understood before signing up for the card. With great rewards comes great responsibility. At Soulwallet, we believe in building healthy credit habits which is critical to enjoy the rewards of a credit card. Even the best cash back rewards will not outweigh the cost of revolving debt on a card earning double-digit interest. Unless you maintain a healthy credit history, you may risk rejection from issuers, who often reserve approval for applicants with the best credit scores. Before seeking the best cash back rewards, make sure you are prepared to use your new card responsibly. Establish a healthy credit score alongside healthy credit habits like timely payments, paying balances in full, and low credit utilization.
Many or all the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own.
|
S.No |
Bank |
Card Name |
Minimum Salary in AED |
Joining offer |
Annual Fee |
|---|---|---|---|---|---|
|
1 |
8,000 |
AED 200 joining bonus |
First year free. Second year onwards fee of AED 300 waived if annual spend is greater than equal to AED 9000 |
||
|
2 |
5,000 |
AED 500 Joining bonus for new to bank customers and AED 100 for existing card holders. 20% cashback for the first 6 months at Zomato, Netflix (max cashback of AED 50). |
Free for life |
||
|
3 |
8,000 |
None |
1st year free 2nd year AMF AED 420 |
||
|
4 |
8,000 |
AED 500 joining bonus with AED 5000 spend required (applicable for mobile app applications) |
1st year free AED 525 from 2nd year |
||
|
5 |
5,000 |
AED 300 welcome bonus + 12% cashback on supermarkets for first 3 months |
AED 315 and AED 525 for non-salary transfer customers |
||
|
6 |
10,000 |
AED 300 cashback gets you started |
1st year free AED 313.95 with VAT from second year |
||
|
7 |
5,000 |
AED 350 joining bonus cashback |
AED 400 reversed on a spend of AED 24000 in a year |
||
|
8 |
5,000 |
None |
Free for life |
||
|
9 |
5,000 |
None |
Free for life |
||
|
10 |
30,000 |
AED 300 cashback gets you started |
1st year free AED 313.95 with VAT from second year |
||
|
11 |
12,000 |
None |
AED 367.50 waived on a spend of AED 5000 in first 90 days. On year 2 AED 50,000 spend required for an annual fee waiver |
||
|
12 |
10,000 |
AED 300 welcome bonus + 12% cashback on supermarkets for first 3 months |
AED 315 and AED 525 for non-salary transfer customers |
Cash back credit cards have specific conditions that allows you to earn cash back credits. Most of the details are found in the terms of the program.
“The Fine Print”
It is essential that you understand the specific terms around the below before you sign up for a cashback credit card.
Citibank and HSBC cashback credit cards offer you direct statement credits for the value of cashback earned, this is considered hassle free without having a need to raise any manual redemption request. These can then be considered as good as a cash payment. Other banks require customers to contact them through their customer service channels to redeem cashback miles.
At Soulwallet, we frequently receive customer inquiries regarding best cashback cards for specific categories such as foreign transactions, education, dining, online spend, etc. Those keen to learn specific differences between options can click on the below sections
Our Top picks for international transactions
This specific category is preferred by frequent travellers or those who make regular spends on non-AED transactions. Hence, we believe such a card must have strong features when it comes travel such as complimentary airport lounge access, airport transfers, hotel, and shopping discounts and so on.
Comparison table for cashback rates for spend on international / foreign transactions
|
Card Name |
International spends |
Min Spend |
Max cashback |
|---|---|---|---|
|
3% |
No |
No Cap |
|
|
2% |
Make one retail transaction in the first 30 days of card issuance and you’ll receive AED 300 as bonus cashback. |
A total cap of AED 150 cashback will apply on cumulative monthly supermarket, utility and fuel spend transactions. |
|
|
2% |
A minimum retail spend of AED 4,500 is required within the first two months of card booking on the newly issued Mashreq Credit Card to avail the joining bonus |
No Cap |
|
|
1-2% |
AED 5000 required in a month for supermarket and cinemas cashback spends |
AED 1500 |
|
|
0% |
AED 3000 per month across BEST categories |
Maximum Cashback earned per B.E.S.T Category in a calendar month is capped up to AED 150 and a maximum of AED 600 across all 4 categories per customer in a calendar month |
|
|
0.5% |
Min 3000 AED spend required Cashback on fuel, supermarket or education in any category |
Maximum cashback is capped at AED 200 for fuel spends, AED 200 for grocery spends and AED 200 for education spends per statement cycle. |
|
|
1% |
Min 3000 AED spend required Cashback on fuel, supermarket or education in any category |
Maximum cashback is capped at AED 200 for fuel spends, AED 200 for grocery spends and AED 200 for education spends per statement cycle. |
|
|
1% |
No |
In any given month AED 400 or within the assigned limit of the cc whichever is lower |
|
|
0% |
Min AED 3000 required to be spend |
AED 800 which would be AED 200 max across 4 categories |
|
|
2% |
No |
No Cap |
|
|
1% |
AED 1000 |
AED 1000 in a month |
|
|
6% |
|
A total cap of AED 150 cashback will apply on cumulative monthly supermarket, utility and fuel spend transactions. |
Click to view and compare all credit cards offering cashback rates for international transactions.
Our Top picks for Supermarket / Grocery transactions
Dubai First Cashback Credit Card offers 6% in this category with a maximum cap of AED 400 that can be earned as cashback in a month. While there is a cap, it is still considered one of the best rewards propositions when it comes to supermarket and grocery spend. Emirates Islamic and Rakbank cards are good as well. While EIB has a spend based tiered cashback rate the maximum cashback one can earn for supermarket is at AED 200.
|
Simulation |
Cashback one could earn for a spend of AED 4000 in supermarkets/ groceries |
Maximum CAP |
|---|---|---|
|
80.00 |
|
|
|
200.00 |
150.00 |
|
|
40.00 |
|
|
|
200.00 |
1,500.00 |
|
|
- |
150.00 |
|
|
80.00 |
200.00 |
|
|
40.00 |
200.00 |
|
|
240.00 |
400.00 |
|
|
200.00 |
200.00 |
|
|
40.00 |
|
|
|
40.00 |
1,000.00 |
|
|
240.00 |
150.00 |
Comparison table for cashback rates on supermarkets
|
Card Name |
Supermarket and Groceries |
Min Spend |
Max cashback |
|---|---|---|---|
|
2% |
No |
No Cap |
|
|
5% |
Make one retail transaction in the first 30 days of card issuance and you’ll receive AED 300 as bonus cashback. |
A total cap of AED 150 cashback will apply on cumulative monthly supermarket, utility and fuel spend transactions. |
|
|
1% |
A minimum retail spend of AED 4,500 is required within the first two months of card booking on the newly issued Mashreq Credit Card to avail the joining bonus |
No Cap |
|
|
5% |
AED 5000 required in a month for supermarket and cinemas cashback spends |
AED 1500 |
|
|
0% |
AED 3000 per month across BEST categories |
Maximum Cashback earned per B.E.S.T Category in a calendar month is capped up to AED 150 and a maximum of AED 600 across all 4 categories per customer in a calendar month |
|
|
2% MC 200 |
Min 3000 AED spend required Cashback on fuel, supermarket or education in any category |
Maximum cashback is capped at AED 200 for fuel spends, AED 200 for grocery spends and AED 200 for education spends per statement cycle. |
|
|
1% |
Min 3000 AED spend required Cashback on fuel, supermarket or education in any category |
Maximum cashback is capped at AED 200 for fuel spends, AED 200 for grocery spends and AED 200 for education spends per statement cycle. |
|
|
6% |
No |
In any given month AED 400 or within the assigned limit of the cc whichever is lower |
|
|
MS >3<10K 3%
|
Min AED 3000 required to be spend |
AED 800 which would be AED 200 max across 4 categories |
|
|
1% |
No |
No Cap |
|
|
1% |
AED 1000 |
AED 1000 in a month |
|
|
6% |
|
A total cap of AED 150 cashback will apply on cumulative monthly supermarket, utility and fuel spend transactions. |
MS: Minimum Spend: This is the minimum spend required to earn cashback in this category
MC: Maximum Cap: This is the maximum cashback one could earn in this category
Our Top picks for Fuel
HSBC Cashback credit card offers a 5% for this category with a minimum spend requirement of AED 3000 per month. You can earn a maximum of AED 200 in this category. Citibank Cashback Card, Standard Chartered Cashback Card, Simplylife and FAB Cashback Credit card follow with 1%.
Below is a comparison table
|
Card Name |
Fuel |
Min Spend |
Max cashback |
|---|---|---|---|
|
1% |
No |
None |
|
|
1% |
Make one retail transaction in the first 30 days of card issuance and you’ll receive AED 300 as bonus cashback. |
A total cap of AED 150 cashback will apply on cumulative monthly supermarket, utility and fuel spend transactions. |
|
|
0.33% |
A minimum retail spend of AED 4,500 is required within the first two months of card booking on the newly issued Mashreq Credit Card to avail the joining bonus |
None |
|
|
0.25% |
AED 5000 required in a month for supermarket and cinemas cashback spends |
AED 1500 |
|
|
0% |
AED 3000 per month across BEST categories |
Maximum Cashback earned per B.E.S.T Category in a calendar month is capped up to AED 150 and a maximum of AED 600 across all 4 categories per customer in a calendar month |
|
|
5% |
Min 3000 AED spend required Cashback on fuel, supermarket or education in any category |
Maximum cashback is capped at AED 200 for fuel spends, AED 200 for grocery spends and AED 200 for education spends per statement cycle. |
|
|
1% |
Min 3000 AED spend required Cashback on fuel, supermarket or education in any category |
Maximum cashback is capped at AED 200 for fuel spends, AED 200 for grocery spends and AED 200 for education spends per statement cycle. |
|
|
1% |
No |
In any given month AED 400 or within the assigned limit of the cc whichever is lower |
|
|
0% |
Min AED 3000 required to be spent |
AED 800 which would be AED 200 max across 4 categories |
|
|
1% |
No |
|
|
|
1% |
AED 1000 |
AED 1000 in a month |
|
|
1% |
|
A total cap of AED 150 cashback will apply on cumulative monthly supermarket, utility and fuel spend transactions. |
|
Simulation Amount in AED per month |
AED 4000 |
Maximum CAP |
|---|---|---|
|
40.00 |
|
|
|
40.00 |
150.00 |
|
|
13.20 |
|
|
|
10.00 |
1,500.00 |
|
|
- |
150.00 |
|
|
200.00 |
200.00 |
|
|
40.00 |
200.00 |
|
|
40.00 |
400.00 |
|
|
- |
200.00 |
|
|
40.00 |
|
|
|
40.00 |
1,000.00 |
|
|
240.00 |
150.00 |
Our Top picks for Utility bills
Below is a comparison table
|
Card Name |
Utility |
Min Spend |
Max cashback |
|---|---|---|---|
|
1% |
No |
None |
|
|
5% |
Make one retail transaction in the first 30 days of card issuance and you’ll receive AED 300 as bonus cashback. |
A total cap of AED 150 cashback will apply on cumulative monthly supermarket, utility and fuel spend transactions. |
|
|
0.33% |
A minimum retail spend of AED 4,500 is required within the first two months of card booking on the newly issued Mashreq Credit Card to avail the joining bonus |
None |
|
|
0.25% |
AED 5000 required in a month for supermarket and cinemas cashback spends |
AED 1500 |
|
|
MS >3<10K 3% 75
|
AED 3000 per month across BEST categories |
Maximum Cashback earned per B.E.S.T Category in a calendar month is capped up to AED 150 and a maximum of AED 600 across all 4 categories per customer in a calendar month |
|
|
0.5% |
Min 3000 AED spend required Cashback on fuel, supermarket or education in any category |
Maximum cashback is capped at AED 200 for fuel spends, AED 200 for grocery spends and AED 200 for education spends per statement cycle. |
|
|
1% |
Min 3000 AED spend required Cashback on fuel, supermarket or education in any category |
Maximum cashback is capped at AED 200 for fuel spends, AED 200 for grocery spends and AED 200 for education spends per statement cycle. |
|
|
0.25% |
No |
In any given month AED 400 or within the assigned limit of the cc whichever is lower |
|
|
0% |
Min AED 3000 required to be spent |
AED 800 which would be AED 200 max across 4 categories |
|
|
1% |
No |
|
|
|
1% |
AED 1000 |
AED 1000 in a month |
|
|
FAB Cashback for UAE Nationals |
5% |
|
A total cap of AED 150 cashback will apply on cumulative monthly supermarket, utility and fuel spend transactions. |
|
Simulation Amount in AED per month |
AED 4000 |
Maximum CAP |
|---|---|---|
|
40.00 |
|
|
|
150.00 |
150.00 |
|
|
13.20 |
|
|
|
10.00 |
1,500.00 |
|
|
- |
150.00 |
|
|
20.00 |
200.00 |
|
|
40.00 |
200.00 |
|
|
10.00 |
400.00 |
|
|
- |
200.00 |
|
|
40.00 |
|
|
|
40.00 |
1,000.00 |
|
|
240.00 |
150.00 |
Our Top picks for Online transactions
Dubai first cashback credit card offers a 3% with a maximum monthly overall cap of AED 400. RAKbank titanium offers 2% cashback for a spend of AED 15000 and above in a month. Most of the other cards are at 1%. In such scenarios, we recommend that you consider other features such as annual fee, joining rate, overall cashback one can earn, redemption process and so on.
Below is a comparison table
|
Card Name |
Online spends |
Max cashback |
|---|---|---|
|
1% |
None |
|
|
1% |
A total cap of AED 150 cashback will apply on cumulative monthly supermarket, utility and fuel spend transactions. |
|
|
1% |
None |
|
|
1-2% |
AED 1500 |
|
|
0% |
Maximum Cashback earned per B.E.S.T Category in a calendar month is capped up to AED 150 and a maximum of AED 600 across all 4 categories per customer in a calendar month |
|
|
0.5% |
Maximum cashback is capped at AED 200 for fuel spends, AED 200 for grocery spends and AED 200 for education spends per statement cycle. |
|
|
1% |
Maximum cashback is capped at AED 200 for fuel spends, AED 200 for grocery spends and AED 200 for education spends per statement cycle. |
|
|
3% |
In any given month AED 400 or within the assigned limit of the cc whichever is lower |
|
|
0% |
AED 800 which would be AED 200 max across 4 categories |
|
|
1% |
|
|
|
1% |
AED 1000 in a month |
|
|
2% |
A total cap of AED 150 cashback will apply on cumulative monthly supermarket, utility and fuel spend transactions. |
|
Simulation Amount in AED per month |
AED 4000 |
Maximum CAP |
|---|---|---|
|
40.00 |
|
|
|
40.00 |
150.00 |
|
|
40.00 |
|
|
|
80.00 |
1,500.00 |
|
|
- |
150.00 |
|
|
20.00 |
200.00 |
|
|
40.00 |
200.00 |
|
|
120.00 |
400.00 |
|
|
- |
200.00 |
|
|
40.00 |
|
|
|
40.00 |
1,000.00 |
|
|
80.00 |
150.00 |
Best for “Other” categories
|
Card Name |
Other spends |
Dining |
Cinemas |
Government |
Real estate |
Education |
Rental |
Telecom |
Insurance |
Transport |
Min Spend |
Max cashback |
Redemption |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
1% |
1% |
1% |
1% |
1% |
1% |
1% |
1% |
1% |
1% |
No |
None |
Automatic |
|
|
1% |
1% |
1% |
1% |
1% |
1% |
1% |
1% |
1% |
1% |
Make one retail transaction in the first 30 days of card issuance and you’ll receive AED 300 as bonus cashback. |
A total cap of AED 150 cashback will apply on cumulative monthly supermarket, utility and fuel spend transactions. |
Manual |
|
|
1% |
5% |
1% |
0.33% |
1% |
0.33% |
0.33% |
0.33% |
1% |
1% |
A minimum retail spend of AED 4,500 is required within the first two months of card booking on the newly issued Mashreq Credit Card to avail the joining bonus |
None |
Manual |
|
|
1-2% |
5% MC AED 150 |
50% MC AED 70 |
0.25% |
0.25% |
0.25% |
0.25% |
0.25% |
0.25% |
1-2% |
AED 5000 required in a month for supermarket and cinemas cashback spends |
AED 1500 |
Manual |
|
|
0% |
0% |
0% |
1% on AED 2 spend |
0% |
MS >3<10K 3% 75
|
0% |
MS >3<10K 3% 75
|
0% |
MS >3<10K 3% 75
|
AED 3000 per month across BEST categories |
Maximum Cashback earned per B.E.S.T Category in a calendar month is capped up to AED 150 and a maximum of AED 600 across all 4 categories per customer in a calendar month |
Manual |
|
|
0.5% |
0.5% |
0.5% |
0.5% |
0.5% |
2% MC 200 |
0.5% |
0.5% |
0.5% |
0.5% |
Min 3000 AED spend required Cashback on fuel, supermarket or education in any category |
Maximum cashback is capped at AED 200 for fuel spends, AED 200 for grocery spends and AED 200 for education spends per statement cycle. |
Automatic |
|
|
1% |
1% |
1% |
1% |
1% |
1% |
1% |
1% |
1% |
1% |
Min 3000 AED spend required Cashback on fuel, supermarket or education in any category |
Maximum cashback is capped at AED 200 for fuel spends, AED 200 for grocery spends and AED 200 for education spends per statement cycle. |
Automatic |
|
|
1% |
1% |
1% |
0.25% |
0.25% |
1% |
1% |
1% |
0.25% |
1% |
No |
In any given month AED 400 or within the assigned limit of the cc whichever is lower |
Manual |
|
|
0% |
MS >3<10K 3%
|
0% |
0% |
0% |
MS >3<10K 3%
|
0% |
MS >3<10K 3%
|
0% |
0% |
Min AED 3000 required to be spent |
AED 800 which would be AED 200 max across 4 categories |
Manual |
|
|
1% |
1% |
1% |
1% |
1% |
1% |
1% |
1% |
1% |
1% |
No |
|
Manual |
|
|
1% |
1% |
1% |
1% |
1% |
1% |
1% |
1% |
1% |
1% |
AED 1000 |
AED 1000 in a month |
|
|
|
1% |
1% |
1% |
1% |
1% |
1% |
1% |
1% |
1% |
1% |
|
A total cap of AED 150 cashback will apply on cumulative monthly supermarket, utility and fuel spend transactions. |
Manual |
Now that we have gone through details pertaining to cashback rates on specific categories, we recommend you also review the rates and identify the ones which are most suitable for your needs. Please note that the rates mentioned are collected as of October 20th and some of these might have changed. Soulwallet strongly recommends users to also refer to the specific bank’s schedule of charges prior to deciding.
|
Bank |
Card Name |
Retail APR |
Cash APR |
CA fee |
Foreign Transaction fee |
Late fee |
Overlimit fee |
Min due |
|---|---|---|---|---|---|---|---|---|
|
3.25% |
3.25% |
3% of cash advance amount or AED 99 whichever is higher
|
2.99% |
230.00 |
249.00 |
2.74% |
||
|
3.50% |
3.50% |
3.15% of the amount of cash obtained with a minimum of AED 105 per transaction |
2.49% of transaction value + scheme charges |
241.50 |
|
5% |
||
|
3.69% |
3.75% |
3.15% or AED 210
|
2.79% |
241.50 |
293.00 |
5% |
||
|
|
|
|
2.5%+1.15% visa charges |
230.00 |
285.00 |
4% |
||
|
3.69% |
3.69% |
3% of the amount of cash obtained with a minimum of AED 105 per transaction |
2.75% |
241.50 |
288.75 |
|
||
|
3.69% from Nov 15, 2022, onwards |
3.69% from Nov 15, 2022, onwards |
3% (3.15% inclusive of VAT) of total amount or AED 100 |
2.1%including VAT |
241.50 |
262.50 |
5% |
||
|
3.69% from Nov 15, 2022, onwards |
3.69% from Nov 15, 2022, onwards |
3% (3.15% inclusive of VAT) of total amount or AED 100 |
2.1%including VAT |
241.50 |
262.50 |
5% |
||
|
|
variable between 1.50 - 3.59 |
variable between 1.50 - 3.59 |
3% of cash advance amount
|
3.9 |
230.00 |
275.00 |
3% |
|
|
3.49% |
