Mashreq Bank, a pioneer in digital banking in the UAE, offers the NEO Credit Card as a lifetime free product designed for high spenders seeking exclusive perks. (Source: official Mashreq Bank website)
Key facts (summary)
- Annual fee: AED 0 for life
- APR: Check official site for the latest rate and detailed breakdown of all applicable charges
- Minimum income: AED 10,000 per month
- Fees note: Additional fees may apply, such as for late payments, foreign transactions, cash advances, or early settlement — see bank’s official schedule of charges
الحقائق الأساسية (ملخص)
- الرسوم السنوية: 0 درهم إماراتي (مدى الحياة)
- النسبة المئوية السنوية (APR): راجع الموقع الرسمي للبنك لمعرفة النسبة الحالية وجميع الرسوم المطبقة
- الحد الأدنى للدخل: 10,000 درهم إماراتي شهرياً
- ملاحظة عن الرسوم: قد تُطبق رسوم إضافية، مثل رسوم التأخير أو الاستخدام الدولي أو السحب النقدي أو السداد المبكر. راجع جدول الرسوم الرسمي
Pros
- Lifetime free usage with no hidden annual charges
- Exceptionally high purchase limit — up to AED 99,999 per day
- Premium travel and lifestyle benefits
- Accepted globally at more than 24 million merchant locations
- Added security with purchase protection and access to medical/legal referrals
Cons
- High income threshold excludes lower earners
- APR details require visiting the official site
Why choose Mashreq NEO?
- ADCB Lulu Platinum: AED 500 annual fee, APR 24%-36%, rewards points program
- Emirates NBD Skywards: 1st year free, APR 22%-38%, welcome miles offer
- FAB Rewards: AED 400 annual fee, APR 21%-35%, points on all spends
- HSBC Platinum: 1st year free, APR 23%-34%, lounge access
- Riyad Bank Platinum: AED 250 annual fee, APR 19%-29%, cashback program
Sources: official bank websites; verified 8 August 2025.
How to apply for your Mashreq NEO Credit Card
Apply directly via Mashreq’s official website or mobile app. Complete the application form, upload the required Emirates ID and proof of income, and track the process online.
Disclaimer
This information is for general guidance only and is not issued or endorsed by Mashreq Bank. Terms, conditions, fees, and rates may change and require regulatory approval. Always check the official website and Key Facts Statement for the most updated details.
إخلاء مسؤولية
هذا المحتوى لأغراض إعلامية فقط وليس صادراً أو معتمداً من Mashreq Bank. جميع الشروط والأسعار والرسوم عرضة للتغيير والموافقة التنظيمية. يُرجى الرجوع إلى الموقع الرسمي للبنك وبيان الحقائق الأساسية للحصول على المعلومات الدقيقة والمحدثة.