Mashreq SmartSaver Credit Card Features & Benefits

By PolicyBazaar
  | Published: 25 October 2019 | Last Updated On: 12 January 2021
Average Rating / 5 (ratings ) | 1090 Views

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If you wish to live your life with luxury but want to save at the same time, the Mashreq SmartSaver Credit Card could be an ideal choice for you. This card comes with exclusive offers and deals both domestically as well as internationally including cash back and travel, financial, and lifestyle benefits.

Highlights of this SuperSaver Card

  • No annual fee charged on the primary card for life
  • No annual fee charged on supplementary cards ever
  • Cashback on domestic and international spends
  • Foreign Transaction charges: 2.79 percent
  • Late payment charges: 241.5 dirhams
  • Over limit charges: 292.95 dirhams

Most Eminent Mashreq SmartSaver Credit Card Features 

Here is a list of the top features offered by this Mashreq Bank Credit card in the UAE.

Simple Payment Plans

Mashreq Bank offers easy payment facilities for the purchases made using this card at a zero rate of interest.

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.

SmartSaver Offers

As the name suggests, this credit card provides you with various SmartSaver offers across several cosmetics, book stores, restaurants, home furnishing, electronics, retail fashion, jewelry, supermarkets, and much more.

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.

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 any unforeseen circumstances such as employment loss (involuntary), critical illness, permanent total disability, or even death.

Most Eminent Mashreq SmartSaver Credit Card Benefits 

Here is a list of the top benefits offered by this Mashreq Bank Credit card in the UAE.

Free Travel Insurance

This travel protection plan from the Mashreq Bank covers trip cancellation, medical emergency cost, lost baggage, and many more. The benefits of this insurance allow you to relax and enjoy your trip. This free insurance is also valid for the requirements of Visa application from some countries (Schengen included). In order to avail this benefit, all you need to do is buy your tickets using this SmartSaver Credit Card.


This Mashreq Credit Card offers a confirm cashback of one percent on all your international spends and 0.5 percent on all your domestic spends.

Bonus Cashback

The bank also offers a bonus cashback of up to 8 percent at merchant partners of SmartSaver. There are around 450 partner stores across 50 renowned brands in the Emirates including retail and fashion, jewelry, supermarkets, home furnishings, auto rentals, health and wellness, and many more.

Free for Life

You do not have to bear any annual fee on this credit card throughout its life. Both primary, as well as supplementary credit cards, are free for life.

In a Nutshell!

If you own this Mashreq SmartSaver Credit Card, you can enjoy unmatched deals and offers both internationally and domestically. This credit card provides various discounts and cashback on shopping, traveling, health and wellness, dining, entertainment, sports, fitness, and more. Moreover, it also offers various financial benefits including balance transfer, simple installment plans, easy cash, and more.