Mashreq Bank, one of the leading financial institutions in the UAE, is known for offering innovative banking products and digital solutions (source: official Mashreq Bank website).
Key facts (summary)
- Annual fee: AED 0 (lifetime)
- APR (Annual Percentage Rate): Please refer to the bank’s official website for the current APR and all applicable fees.
- Minimum income: AED 10,000 per month
- Fees note: Other charges may apply (e.g., late payment, foreign usage, cash advance, early settlement). See the official schedule of charges.
الحقائق الأساسية (ملخص)
- الرسوم السنوية: 0 درهم إماراتي (مدى الحياة)
- النسبة المئوية السنوية للتكلفة الفعلية (APR): يرجى الرجوع إلى الموقع الرسمي للبنك لمعرفة النسبة الحالية وجميع الرسوم المطبقة
- الحد الأدنى للدخل: 10,000 درهم إماراتي شهرياً
- ملاحظة عن الرسوم: قد تنطبق رسوم إضافية مثل رسوم التأخير، الاستخدام الدولي، السحب النقدي، أو السداد المبكر. راجع جدول الرسوم الرسمي.
Pros
- Zero annual fee for life
- High purchase limits of up to AED 99,999 per day
- Exclusive travel and lifestyle offers
- Global acceptance at over 24 million outlets
- Purchase protection, medical, and legal referral services
Cons
- Minimum income requirement of AED 10,000 per month
- APR details not readily available; refer to the official website
Why choose Mashreq for your credit card?
The Mashreq NEO card stands out with its zero annual fee, high purchase limits, and exclusive benefits such as purchase protection, legal referrals, and medical assistance.
- ADCB Lulu Platinum: Offers an annual fee of AED 500, an APR range of 24%-36%, and rewards points.
- Emirates NBD Skywards: No annual fee for the first year, an APR range of 22%-38%, and 5,000 bonus miles for sign-up.
- FAB Rewards: Offers an annual fee of AED 400, APR range of 21%-35%, and reward points on every spend.
- HSBC Platinum: No annual fee for the first year, APR range of 23%-34%, and access to VIP lounges.
- Riyad Bank Platinum: Annual fee of AED 250, APR range of 19%-29%, with cashback benefits.
Sources: official bank websites; verified on 08 August 2025.
How to apply for your Mashreq NEO credit card
To apply for the Mashreq NEO credit card, visit the official Mashreq website or download the Mashreq mobile app. Complete the online form, submit the necessary documents, and track your application status through the app.
Disclaimer
This content is for informational purposes only and is not issued or endorsed by Mashreq Bank. All terms, rates, and fees are subject to change and regulatory approval.
Please refer to the bank’s official website and Key Facts Statement for the most accurate and updated information.
إخلاء مسؤولية
هذا المحتوى لأغراض إعلامية فقط وليس صادراً أو معتمداً من Mashreq Bank. جميع الشروط والأسعار والرسوم عرضة للتغيير والموافقة التنظيمية. يرجى الرجوع إلى الموقع الرسمي للبنك وبيان الحقائق الأساسية للحصول على المعلومات الدقيقة والمحدثة.