Get cashback up to AED 2000
Mashreq Bank offers a plenty of credit cards and the Mashreq SmartSaver Global Credit Card is one of the best credit cards offered by the bank. This card is loaded with an array of exclusive features and benefits that are unmatched by any other credit card available in the UAE. From complimentary airport lounge access, discount on hotel stays to shopping benefits and complimentary travel & medical insurance, this card offers all types of exclusive privileges in order to suit various lifestyle requirements of its card members. More than that, this credit card help card members earn lucrative cash back rewards on every dirham they spend on the card. In a nutshell, this card helps its cardholders to make the most of their each spending.
Listed below are some of the key features of Mashreq SmartSaver Global Credit Card:
Merchant Payment Solutions is one of the largest card acceptance service providers in the UAE that offer a plenty of secured tailored card payment solutions. From supporting SME merchants and department stores to home-delivery solutions, restaurants, & large conglomerates, it offers a perfect solution to give the business the competitive edge.
The cardholder can pay off their card balances with this Mashreq SmartSaver Global credit card and enjoy the flexibility of paying back in equal monthly instalments. Following are the benefits of this balance transfer facility:
Cardholders can enjoy the facility of easy payment plan that enables them to convert their large purchases into monthly instalments at 0% interest rate.
Credit shield is an amazing feature of this card that help card members to enjoy a waiver of the outstanding amount on their credit card in an unfortunate event such as Loss of Employment, permanent disability, and death of the card member. In addition to this, they will be entitled to get cash benefit in case of hospitalization.
Easy cash is a convenient facility specifically designed for the times when the cardholder requires funds on an emergency basis. During such difficult times, the cardholder can avail this facility without any paperwork and enjoy the below-mentioned benefits:
It pays off the credit card outstanding dues in an unforeseen event of the death of the card member or if he/she is diagnosed with a critical illness. Also, it offers a cash benefit to the nominee(s) of the card member to meet their various financial requirements.
The ‘Smart Protect’ feature of the Mashreq SmartSaver Global credit card offers coverage of:
It offers simple yet comprehensive global insurance against identity theft & loss or theft of a wallet.
Cardholders can transfer their credit card outstanding balance to this Mashreq credit card at 0 % interest rate for 6 months. However, they can transfer a maximum of 75% of their credit card limit.
Card members can get extra cash beyond their Mashreq SmartSaver Global Credit card limit and get it transferred either to their Mashreq Account or any other bank account in the UAE. And then, they can easily repay it through monthly instalments at low interest rate. In order to enjoy this benefit, no income documentation is required.
Here is a list of the key benefits of this Mashreq credit card that makes it so popular amongst credit card users in the UAE.
The cardholder can avail unlimited free access to more than 650 airport lounges in 400+ cities in more than 120 countries globally.
The card member can enjoy free airport pick-up & drop off service within Dubai six times in one year.
The cardholder can avail 1 free hotel night on booking 2 hotel nights & 2 free hotel nights on booking 4 hotel nights at more than 175 participating Starwood Hotel and Resorts in Africa, Middle East, and Europe.
As a member of this Mashreq credit card, one can avail a free Gold Plus Rewards 5 Star Membership that offers the following benefits:
Now when the members of this card travel across countries within the Middle East, they can enjoy:
The card member can avail online shopping benefits such as:
The cardholder can shop more than 100,000 US retailers such as Amazon, Apple & Ralph Lauren and enjoy privileges such as:
Cardholders need to pick the type of MasterCard they have and use this app to redeem offers, avail benefits, and claim insurance coverage.
If a trip is unexpectedly delayed or cancelled, members of this card have the peace of mind that their travel & accommodation expenditures will be covered for trips that are already paid in advance. This card offers coverage of:
This card offers comprehensive travel accident and medical insurance cover for the cardholder as well as his/her family members which is also valid for visa application requirements from specific countries (that includes Schengen). As a member of this card, one can get coverage of:
As a member of this card, one can avail the facility of card fraud protection against fraudulent account activity. Card members can get reimbursed a maximum of USD 2,000 per claim and up to USD 4,000 for tenure of 12-month.
Mashreq SmartSaver Global Credit Card is known to offer a wide range of cash back rewards for every dirham spent on it. The cardholder can enjoy the following cash back offers:
The card member can avail 10% off on any international return trip airfare.
Card members can book a 3 hour treatment (facial or body massage) and they need to pay only for 2 hours. This offer is available at 50 Raffles, Fairmont, & Swissotel spas across Europe, Middle East, North America, & Asia Pacific.
Cardholders can avail hundreds of free offers within Africa & Middle East on hotels, premium spas, restaurants like:
Here are the fees & charges associated with the Mashreq SmartSaver Global Credit Card:
|Fee and Charges||Values|
|Annual Membership Fee||
|Supplementary Card Fee||
|Retail interest rate per month||
|Cash Advance rate per month||
|Cash Advance fee||
3.15% or AED 210, whichever is greater
|Over limit fee||
|Late payment fee||
|Card replacement fee||
|Paper statement fee||
|Returned cheque charge||
|International Transaction Fee||
Applying for Mashreq SmartSaver Global Credit Card is easy for eligible applicants. Well, interested individuals can apply for this card either online or offline:
One can apply for this Mashreq credit card by simply visiting the official website of Mashreq Bank and filling up an online application form.
Alternatively, applicants can visit the nearby branch of the Mashreq bank and directly apply for the card.
Q1: Is there an annual fee for the Mashreq SmartSaver Global Credit Card?
Ans: Yes! There is an annual membership fee of AED 787.5 charged for Mashreq SmartSaver Global Credit Card.
Q2: Is there any minimum spend to start earning Cashback?
Ans: No. There is no minimum threshold for earning cash back and card members can earn cashback for every dirham spent on the card.
Q3: Is cash back awarded for every transaction made on the Mashreq SmartSaver Global Credit Card?
Ans: No. Some spend categories do not earn cash back. These spend categories include:
Q4: When does cash back get credited to the SmartSaver Global Credit Card account?
Ans: Cash back is added to the SmartSaver Global Credit Card account at the statement date as cash point.
Q5: Can cash back be redeemed for something other than cash point?
Ans: No. Card members cannot redeem cashback for anything other than cash point.
Q6: How to redeem the accrued cash back on SmartSaver Global Credit Card account?
Ans: Cash back accrued on SmartSaver Global Credit Card account can easily be redeemed by:
Q7: Does Cashback earned on SmartSaver Global Credit Card expire?
Ans: Yes! Cashback earned on the card expires within 18 months of the date of issuance, if not redeemed. Also, if no cash back has been earned or redeemed in last 12 months, cash back may be forfeited.
Q8: Can the cashback earned be applied directly towards the outstanding balance of the Credit Card?
Ans: Yes! Cash back earned on the SmartSaver Global Credit Card can be applied directly towards the outstanding balance of the card.
Q9: Can the cashback earned be applied towards the minimum payment due on the Credit Card?
Ans: No! Cashback is the credit applied to the account. Hence, it cannot be applied towards the minimum payment due on the card. Card holders are required to make payments for minimum due on the account, if any.
Q.10 Do card members get supplementary cards with Mashreq SmartSaver Global Credit Card? Is there a fee for supplementary cards?
Ans: Yes! Card members can get supplementary cards with Mashreq SmartSaver Global Credit Card. There is a fee of AED 315 charged for each supplementary card availed with the primary card.