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Mashreq NOVO Credit Card

Credit cards in the UAE have changed the way people buy things. The best thing about buying anything using credit cards is that it offers rewards and discounts. It enables the cardholder to make most of their credit card. When used carefully, a credit card can help planning and manage finances in a smooth way.

Keeping the financial needs of people in mind, banks and financial institutions in the UAE offers various credit cards such as travel credit card, free for life credit card, cinema credit card, airport lounge credit card, sharia-compliant credit card, gold benefit credit card, balance transfer credit card etc. The credit card applicant can opt for a credit card that fulfills their insurance needs the best. Additionally, the primary cardmember can opt for a supplementary credit card for their eligible family members.

About Mashreq NOVO Credit Card

Mashreq NOVO Credit Card is the only card that offers 50 percent off on movie tickets. This makes this credit card a must-have for film enthusiasts. They can make most of this offer and buy half-price tickets. They can avail up to 8 movie tickets on a monthly basis at a discounted price.

Features of Mashreq NOVO Card

Out of many, here are a few features of Mashreq Novo Credit Card:

1. Skip the Queue

The cardholder can enjoy exclusive counters customized made as per their entertainment needs.

This way, the cardholder won’t miss the previews. Among many benefits, one of the best benefits offered by the card is that the card member can skip the long queues with their Mashreq Novo credit card.

At every Novo Cinemas outlet in the UAE, an exclusive counter is tailor-made for the cardholder at the Ticketing & Food and Beverage section. The cardholder needs to display their Mashreq Novo Card and they can enjoy VIP treatment that entitles them to select their tickets and their favourite delicious snack in a matter of a few seconds. It makes last minute bookings a cake walk.

2. Pay Protect

It is one of a kind benefit that pays off the credit card dues in case of card holder’s death or he/she is diagnosed with a critical ailment. It provides the much-needed financial help to the family of the cardholder so that their financial needs are taken care of.

3. Balance Transfer

The Mashreq NOVO Credit Cardmember can pay off their card balance using Mashreq Credit Card. They can conveniently pay back in fixed monthly installments up to a period of 36 months at an attractive rate of interest. They can transfer up to 75 percent of their credit card limit.

The card member can avail the facility of balance transfer by calling on 04-424 44 44 by visiting MasheqOnline. The best thing about this benefit is that there is no need for providing income documentation.

4. Credit Shield

With credit shield, the Mashreq NOVO Credit Card member gets an option to get the outstanding balance on their credit card waived off. The benefit can be availed in case of an unforeseen incident of permanent disability and death due to any cause. Credit shield provides coverage against Loss of Employment. In the case of hospitalization, it provides cash benefit.

Credit Shield Coverage

Here is the coverage provided by credit shield:

  • Loss of Employment Cover Up to AED 48,000
    In case of loss of employment (involuntary), Credit Shield takes care of the outstanding (minimum monthly)on the card member’s credit card up to 4,000 AED on a monthly basis. The benefit is capped at a period of 12 months.  
  • Hospitalization Cover Up to AED 12,000
    Credit Shield takes care of the incurred medical expenses due to hospitalization. The benefit is capped at AED 200 each day for a period of up to 60 days.  
  • Death/ Disablement Cover Up to AED 50,000 
    In the case of disability (permanent), Credit Shield provides coverage. In case of loss of life, the coverage is extended.

5. Airport Lounge Access

The cardholder can enjoy unlimited access to various airport lounges in the UAE on a complimentary basis. For Mashreq Novo credit card members, travel feels like a sheer privilege. The complimentary access to regional airport lounges entitles the cardholder the best travelling experience. The Mashreq Novo Card member is eligible for the following airport lounge access benefits:

a. Unlimited access on a complimentary basis to more than 10 Marhaba and CAC lounges in the following countries:

  1. UAE
  2. Jordan
  3. KSA
  4. Egypt
  5. Kuwait

b. Access to a host of business facilities such as the internet, email, fax machines, and phones. In specific lounges, the cardholder can avail conference space.

c. Refreshments & snacks on a complimentary basis.

How to avail the benefit?

In order to avail the benefit, the cardholder needs to display their credit cards at one of the participating lounges and gain complimentary basis.

Note- The Primary card member and Supplementary card member are required to display their respective cards in order to avoid paying guest charges.

Benefits of Mashreq NOVO Credit Card

Here a few Out of many benefits offered by Mashreq NOVO Credit Card:

1. Tickets @ 50 Percent Off

Mashreq NOVO Credit Card offers movie tickets at half price. It is such a treat for cinema enthusiasts that they can vail up to 8 movie tickets on an attractive discount every month. The cardholder can avail @ 50 percent off on IMAX, 3D, and 2D movie tickets across COOL PRIME, EDGE, and COOL seats. The offer can be availed 7 days of the week, 365 days of the year. The offer can be availed at Novo Mobile App, Novo Website and Box-Office’. The supplementary card members can avail 50 % off on 8  movie tickets on a monthly basis.

Offer Terms & Conditions

  • Effective July 1, 2018, the cardholder must spend a minimum amount of AED 4,000 in the previous month only then they can be eligible to avail 8 tickets at 50 percent In case the cardholder can’t spend a minimum amount of AED 4,000 in the previous month, the offer would be capped at up to 4 tickets at 50 percent off on a monthly basis.
  • For tickets bought above the 8 discounted tickets, the remaining 50 percent of ticket expenses inclusive of VAT will be automatically debited by Mashreq bank at the end of the month.
  • Minimum spend target of AED 4,000 will include spends related Utility bills, Government, charity, education fuel, and all another retail spend.
  • The applicable charges/ fee, balance transfer, Cash advances or easy cash transactions are excluded from the minimum spend of AED 4,000.
  • Spends put on the primary as well as supplementary cards will be considered to calculate the combined minimum spend of AED 4,000.
  • 50 percent off can’t be availed on Novo Sky and Novo Seven Star
  • 50 percent off can’t be availed on tickets booked through self-booking machine i.e. E-Kiosk installed across the Novo Cinemas.

2. Easy Cash

Easy Cash is a convenient facility that provides financial help to the cardholder during times when they don’t have time to worry about paperwork and they need cash on an urgent basis. In order to avail this facility, the cardholder needs to get in touch with the bank over a phone call. The bank will credit the amount in their account within 48 hours. The other ways of availing the facility of Easy Cash is by logging on to MashreqOnline and get Instant Cash with the help of Mashreq CCDM.

Benefits of Easy Cash

  1. No need for providing income documentation.
  2. It comes with an attractive rate of interest.
  3. It comes with repayment tenure of up to 36 months.
  4. The benefit can be availed up to 75 percent of the credit limit.
  5. The benefit can be availed over a phone call.

3. Convenience Cash

In case the cardholder has exhausted the limit of their Mashreq Credit Card limit, they can avail extra cash and get it transferred to their Mashreq Account or any other bank account in the UAE. The cardholder can pay back the amount in monthly installments at the low rate of interest. In order to avail this facility, there is no need for income documentation. The best thing about the benefit of convenience cash is that comes with flexible tenors.

4. Pay Protect Lite Mashreq

It provides one of a kind insurance benefit to provide the card member and their loved ones financial protection when they need it.

5. Revolving Balance Transfer

No one wants to pay up to 39 percent per annum on their outstanding balance with other credit cards. With Mashreq Novo credit card, the cardholder can transfer their credit card balance to at 0 percent interest rate for a period of 6 months.

6. Insurance Benefit

With Mashreq NOVO Credit Card, the cardholder can enjoy multi-trip travel insurance absolutely free. This benefit helps them to plan their international travel with a much-needed extra layer of protection. The multi-trip travel insurance provides insurance coverage in case of emergency medical expenses and dental expenses incurred due to the personal accident.

The Mashreq Novo Card member is eligible for the following travel insurance benefits:

  1. Travel Insurance Certificate- When the cardholder travels to Schengen countries; they are eligible to get a travel insurance certificate absolutely free.
  2. Free Wallet Protection- It provides insurance coverage to the cardholder against misuse of the card (if any) if their card is stolen or lost while they travel overseas.
  3. Emergency Cash- It provides emergency cash in case cardholder’s wallet is lost or stolen while they are travelling.
  4. Card Replacement- It provides the facility of card replacement across the globe.
  5. Additional Benefit- It provides coverage for loss of baggage, delay of flight, trip curtailment and cancelation and loss of documents required for travelling.

Mashreq NOVO Credit Card Fees and Charges

Here are the applicable fees and charges:

a. Annual Charges- The card comes with an annual charge of AED 300.

b. Annual Charges for Supplementary Card - The supplementary card comes with an annual charge of AED 149

Mashreq NOVO Credit Card Offers

Mashreq NOVO Credit Cardholders can avail the following deals and offers:

Mashreq Privileges

The following deals are offered under Mashreq Privileges:

Digital Wallet Offers

Here are the offers on the digital wallet:

a. Samsung Pay

Here are the benefits offered by Samsung Pay exclusively for Mashreq NOVO credit card holders.

  1. Discounts and Promotional Offers- The cardholder can use Samsung Pay and avail 50% discount vouchers. In addition to that, they can avail exclusive promotional offers at select supermarkets, coffee shops, restaurants, cinemas, and more.
  2. Registration Offer- The cardholder will get their first Samsung Pay voucher on a complimentary basis. All they have to do is simply register their Mashreq NOVO credit card on Samsung Pay. They can avail a wide variety of rewards and discounts at more than 500 locations such as spas, salons, gyms, restaurants, and more!

Validity- The offer is valid until September 15, 2019.

Online Shopping

The following deals are offered for online shopping.

a. joigifts.com

On joigifts.com, the cardholder can avail 20 percent off on a wide range of gifts. In order to do so, they will have to use promo code mashreq20.

How to Redeem?

Here are the steps to redeem the discount:

Step 1- Log on to the official website of joigifts.com.

Step 2- Choose the gift you want to buy.

Step 3- Select the delivery date and delivery time. Then add the selected gift to cart.

Step 4- At checkout, use promo code mashreq20 and get 20% off.

Note- If the cardholder fails to use the discount code, the applicable discounts will not be refunded.

Validity- The offer is valid until April 30, 2019.

Wellness and Spa

The following deals are offered under wellness and spa:

a. mPower Fitness Club

Mashreq credit card member can avail a special membership at mPower Fitness Club.

Here are the benefits offered by mPower Fitness Club exclusively for Mashreq credit card member:

  1. They don’t have to pay any registration charges.
  2. They can avail access to the kid's play area and outdoor swimming pool on a complimentary basis.
  3. They can avail wireless internet access on a complimentary basis.
  4. They can avail valet parking service on a complimentary basis.
  5. They can avail access to Gym from 6 am - 11 pm on a daily basis.

3 Months Subscription Discount

Card members who enroll for 3 months membership & above will enjoy the following benefits:

a. 20 percent off on food and beverages

Please Note- The discount is not valid on room service.

b. 15 percent off on room tariff.

c. 20 percent off on laundry services.

Additional Discount

Card members who opt for 6 months or 12 months membership, will get 1-month extra membership for free.

Validity- The offer is valid until September 30, 2019.

b. The Saray Spa - Dubai Marriott Harbour Hotel & Suites

The Mashreq credit cardholders can avail attractive discounts during weekend Sale. They can avail a 15 percent discount. The discount is capped at AED 75 per cardholder. The offer can be availed one time only.

The cardholder can avail the offer from 12 am to 12 am from Thursday to Sunday during the following weekends:

Validity- The offer is valid until December 31, 2019

The card member can avail a 20 percent discount on their total bill.

Please Note: This offer can’t be clubbed with any other promotions or offers. The offer isn’t applicable on special events such as Christmas Day lunch, Christmas Eve, Valentine’s Day, New Year’s Eve, etc.

0% EPP Offers

The cardholder can avail the following deals and offers at 0% Easy Payment Plan:

Cosmetics

The following deals are offered under cosmetics:

a. Ijmal Cosmetics

The card member can avail 0% Easy Payment Plans for a period of 3 months, 6 months, 9 months and 12 months.

Validity- The offer is valid until December 31 2019.

Note- The offer can be availed upon making a minimum purchase of AED 500.

Departmental Store

The following deals are offered for a departmental store.

a. Robinsons

The cardholder can avail 0% Easy Payment Plans for 3 months, 6 months, 9 months, and 12 months.

Validity-The offer is valid until December 31st, 2019.

Note- The offer can be availed upon making a minimum purchase of:

  1. AED 1,000- For 3 months and 6 months
  2. AED 2,000- For 9 months and 12 months

b. Lifestyle (Landmark)

The cardholder can avail 0% Easy Payment Plans for 24 months.

Validity-The offer is valid until December 31st, 2019.

Note- The offer can be availed upon making a minimum purchase of AED 500.

c. Grand Optics

The cardholder can avail 0% Easy Payment Plans for 6 months.

Validity-The offer is valid until December 31st, 2019.

Note- The offer can be availed upon making a minimum purchase of AED 1000.

d. Adventure HQ

The cardholder can avail 0% Easy Payment Plans for 3 months and 6 months.

Validity-The offer is valid until December 31st, 2019.

Note- The offer can be availed upon making a minimum purchase of AED 2000.

Home Furnishing

The following deals are offered for home furnishing:

a. ACE

The cardholder can avail 0% Easy Payment Plans for 12 months, 18 months, and 24 months.

Validity-The offer is valid until December 31st, 2019.

Note- The offer can be availed upon making a minimum purchase of AED 2000.

b. Home centre

The cardholder can avail 0% Easy Payment Plans for 3 months, 6 months, 9 months, 12 months, 18 months, and 24 months.

Validity-The offer is valid until December 31st, 2019.

Note- The offer can be availed upon making a minimum purchase of AED 1000.

c. Mobilia Furniture

The cardholder can avail 0% Easy Payment Plans for 3 months, and 6 months.

Validity-The offer is valid until December 31st, 2019.

Note- The offer can be availed upon making a minimum purchase of AED 1000

d. The Mattress Store

The cardholder can avail 0% Easy Payment Plans for 3 months, 6 months, 9 months, and 12 months.

Validity-The offer is valid until December 31st, 2019.

Note- The offer can be availed upon making a minimum purchase of AED 5000.

Electronics

The following deals are offered for electronics:

a. Samsung Brand Shop

The cardholder can avail 0% Easy Payment Plans for 3 months, 6 months, 9 months, and 12 months.

Validity-The offer is valid until December 31st, 2019.

Note- The offer can be availed upon making a minimum purchase of AED 500.

b. E-City

The cardholder can avail 0% Easy Payment Plans for 3 months, and 6 months.

Validity-The offer is valid until December 31st, 2019.

Note- The offer can be availed upon making a minimum purchase of AED 1000.

c. Grand Stores Digital

The cardholder can avail 0% Easy Payment Plans for 3 months.

Validity-The offer is valid until December 31st, 2019

Note- The offer can be availed upon making a minimum purchase of AED 1000.

d. Nokia

Validity-The offer is valid until December 31st, 2019.

Note- The offer can be availed upon making a minimum purchase of AED 1,000 for a period of 3 months, 6 months, 9 months, and 12 months. For a period of 18 months, and 24 months, the minimum purchase of AED 500 is required to avail this offer.

Jewellery

The following deals are offered for jewellery:

a. Damas

The cardholder can avail 0% Easy Payment Plans for a period of 3 months.

Validity-The offer is valid until December 31st, 2019.

Note- The offer can be availed upon making a minimum purchase of AED 1000.

b. Joyalukkas

The cardholder can avail 0% Easy Payment Plans for a period of 3 months, 6 months, 12 months, and 24 months.

Validity-The offer is valid until December 31st, 2019.

Note- The offer can be availed upon making a minimum purchase of AED 1000.

c. Khazana

The cardholder can avail 0% Easy Payment Plans for a period of 3 months, and 6 months.

Validity-The offer is valid until December 31st, 2019.

Note- The offer can be availed upon making a minimum purchase of AED 1000.

d. Shyam Jewellerys

The cardholder can avail 0% Easy Payment Plans for a period of 3 months, 6 months, and 9 months.

Validity-The offer is valid until December 31st, 2019.

Note- The offer can be availed upon making a minimum purchase of AED 1000.

How to Apply for Mashreq NOVO Credit Card?

Thanks to technological advancement, applying for Mashreq NOVO credit card is a very simple process. All the cardholder needs is an active internet connection and a laptop/ phone. The cardholder can log on to the official website of Mashreq and fill out the application form.

As per credit card experts, credit card applicants should apply for a credit card after comparing the offered benefits so everything about the offered benefits by the card. That is where Policybazaar.ae acts as a blessing in disguise. Policybazaar.ae provides a comparison platform that enables the applicants to come across the credit card that suits their credit card needs the most.

The applicant can duly fill in the credit card applications form and submit it. Upon receiving the application form, one out of many credit cards experts will get in touch with the applicant and guide them so that their credit card needs are sorted.

Mashreq NOVO Credit Card- Frequently Asked Questions

Question 1- What is convenience cash?

Answer- In case the cardholder has exhausted the limit of their Mashreq Credit Card limit, they can avail extra cash and get it transferred to their Mashreq Account or any other bank account in the UAE.

Question 2- What is pay protect?

Answer- It is one of a kind benefit that pays off the credit card dues in case of card holder’s death or he/she is diagnosed with a critical ailment.

Question 3- What is credit shield?

Answer- With credit shield, the Mashreq NOVO Credit Card member gets an option to get the outstanding balance on their credit card waived off.

Question 4- What is balance transfer?

Answer- The Mashreq NOVO Credit Card member can pay off their card balance using Mashreq Credit Card. They can conveniently pay back in fixed monthly installments up to a period of 36 months at an attractive rate of interest. They can transfer up to 75 percent of their credit card limit.

Question 5- How can I avail complimentary airport lounge access?

Answer- In order to avail the benefit, you need to display your credit card at one of the participating lounges and gain complimentary basis.

Note- The primary card member and supplementary card member are required to display their respective cards in order to avoid paying guest charges.

Question 6- What is the insurance benefit offered by Mashreq NOVO credit card?

Answer- With Mashreq NOVO Credit Card, the cardholder can enjoy multi-trip travel insurance absolutely free. This benefit helps them to plan their international travel with a much-needed extra layer of protection. The multi-trip travel insurance provides insurance coverage in case of emergency medical expenses and dental expenses incurred due to the personal accident.

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