Mashreq Platinum Elite Credit Card Features & Benefits

By PolicyBazaar
  | Published: 22 October 2019 | Last Updated On: 12 January 2021
Average Rating / 5 (ratings ) | 858 Views

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The Mashreq Platinum Elite Credit Card offers a range of benefits and privileges that are designed to suit your lifestyle in terms of shopping, travel, sports, dining, adventure, or entertainment. Apart from this, the security benefits offered by the card help you in ensuring your mental peace.

Highlights of this Platinum Card

  • 50 dirhams charged as the principal annual fee
  • 45 dirhams charged as the supplementary annual fee
  • No maintenance fee charged
  • 50 dirhams late payment fee charged
  • 95 dirhams over-limit fee charged
  • 79 percent charged as international transaction fee

Main Mashreq Platinum Elite Credit Card Features

Here are the basic features of this Elite credit card.

Simple Payment Plans

Mashreq Bank offers easy payment facilities for the purchases made using this card at a zero rate of interest. The purchase categories include cosmetics, home furnishing, electronics, jewelry, retail fashion, travel, and much more.

Balance Transfer

You can clear your card balance with this credit card and make the repayments through EMI (Equal Monthly Installments). It does not require any income documentation. The balance transfer on this card includes fixed installments with an attractive rate of interest and repayment tenor of up to 36 months. You can transfer up to 75 percent of your credit limit.

Credit Shield

The option of credit shield on this card provides you with the facility of getting your outstanding card balance waived off in case of unforeseen circumstances such as employment loss, critical illness, permanent disability, or even death.

Easy Cash

This convenient cash facility is crafted for the situations where you are in urgent need of cash. You can get the amount credited to your bank account within 48 hours just by giving a phone call to the bank or by logging on to Mashreq Online and receiving cash instantly through Mashreq CCDM.

Main Mashreq Platinum Elite Credit Card Benefits

Here are the top benefits of this Elite credit card.

Lounge Access

You can enjoy free access to over 700 lounges in more than 300 cities using this Mashreq Credit Card card. You just have to spend 7,000 dirhams in your previous billing cycle for obtaining 2 free lounge access services in the next cycle. You can avail a maximum of 8 free visits in one year.

Fitness First

The card offers free visits to Fitness First on selected branches when you meet the spending criteria to be eligible for this privilege.

ELITE Lifestyle

The Mashreq Platinum Elite Credit Card offers you an Elite Life that involves a world of exclusive discounts across various categories that are customized to suit your lifestyle. From a relaxing day at the spa to a workout session at the gym, or a day out with your family- it involves all.

Mashreq Salaam

You also get to earn one Salaam Point against each dirham you spend locally and three Salaam points against each AED equivalent you spend internationally.

Airport Drop or Pick-up

The facility of drop or pick-up at the airport can be availed at Abu Dhabi airport and Dubai International Airport. Such a facility is not available inter-Emirate, it is available only within the Emirates. You should have retail spending of 7,000 dirhams in the previous cycle to be eligible for this offer.

In a Nutshell!

The Mashreq Platinum Elite Credit Card is loaded with various awesome benefits that help you in living the lifestyle you have dreamt of. This card is tailor-made to complement the living standards of the UAE and helps you in coping up with it.