Al Masraf
Mastercard World Credit Card
The Mastercard World Credit Card is a travel credit card from Al Masraf. It has an annual fee of AED 525, and needs a minimum salary of AED 15,000 a month.
Annual fee
AED 525
Joining fee
Free
Min. salary
AED 15,000/mo
Rewards in
Cashback
Card highlights
- Earn 1% cashback on all local and international spend, no cap
- 8 airport lounge visits a year via Mastercard Travel Pass, plus 1 complimentary Careem ride to the airport a year
- Travel insurance up to USD 500,000 medical cover, USD 7,500 trip cancellation and USD 3,000 baggage loss
- 1 GB free global data roaming a year and up to 2 complimentary items at Costa at Dubai Airports
Earn rates
| Category | Rate |
|---|---|
| Travel | 1% |
| Retail | 1% |
| Supermarket | 1% |
| Dining & food | 1% |
| Fuel | 1% |
| Utilities | 1% |
| Education | 1% |
| Transport | 1% |
| Online shopping | 1% |
| International spend | 1% |
| Real estate | 1% |
Benefits & perks
- •Airport lounge access: 8 visits per year via Mastercard Travel Pass app
- •Travel medical insurance: emergency medical, evacuation and repatriation up to USD 500,000
- •Travel medical insurance: medical expenses for accident or sickness up to USD 500,000
- •Trip cancellation or curtailment cover up to USD 7,500
- •Baggage loss or damage cover up to USD 3,000
- •Complimentary Careem ride to the airport once per year
- •Global Blue VIP service: VAT reclaim, lounge access and fast-track at select airports
- •Free travel insurance letter for Schengen visa applications
- •Priceless Specials 2-for-1 offers on fine dining and activities across the Middle East
- •Booking.com: up to 7% wallet credit (promo code: Mastercard)
- •Trip.com: up to 20% off flight and hotel bookings
- •Talabat: 20% off one food or grocery delivery order per month (promo code: MASTERCARD)
- •Shahid: 50% off the VIP monthly package
- •Costa at Dubai Airports: up to 2 complimentary items from a set food and drink list
- •Carrefour: AED 40 off when you spend AED 250 or more (promo code: MA40)
- •Global data roaming: 1 GB free roaming per year
- •Heathrow Express: 12% off Express Class and Business First (promo code: Mcard12)
- •Baggage delay cover up to USD 300
- •Daily hospital cash benefit: USD 100 per day
- •Zee5: 25% off the annual 4K Pack (promo code: Z5MASTERCARD)
- •MyUS premium shipping: free 2-year premium membership, free account set-up and discounted shipping
- •ExpressVPN: 30-day free trial then up to 61% off a 12 or 24-month plan plus 4 months free
- •Lingokids: 1 week complimentary Plus membership then 50% off subsequent memberships
- •Apple Pay, Google Pay and Samsung Pay supported
- •Contactless payments up to AED 500 without PIN
Every card is checked against official bank sources. Last updated November 2026.
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Featured in the Perkly Card Index
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Questions people ask
What does the Al Masraf Mastercard World Credit Card earn?
Al Masraf's mid-tier Mastercard, with an AED 525 annual fee, earning a flat 0.735 Al Masraf Reward Points per USD 1 on local and international spending, which Al Masraf states is equivalent to 1% cashback, with no bonus categories and no maximum cap, plus 8 lounge visits a year through Mastercard Travel Pass once an international purchase of at least USD 1 activates them.
What does the Al Masraf Mastercard World Credit Card cost?
Annual fee AED 525 including VAT (AED 500 plus 5% VAT). Al Masraf's schedule of charges lists no joining fee. Al Masraf also issues a Shariah-compliant Covered Card version with the same annual fee and rewards.
What does spending abroad cost on the Al Masraf Mastercard World Credit Card?
Spending abroad costs about 4.04% all in: Al Masraf's international transaction fee of up to 2.75% plus 5% VAT (2.8875%), on international purchases in non-AED currency or in AED, plus about 1.15% for Mastercard, which Al Masraf itself says is charged in addition. International spending earns the same 0.735 Reward Points per USD 1 as UAE spending, equivalent to 1% cashback.
What should I watch out for with the Al Masraf Mastercard World Credit Card?
The card earns a flat 0.735 Reward Points per USD 1, which Al Masraf states is equivalent to 1% cashback, on all spending: there are no bonus categories. Lounge visits are activated only by an international spend of at least USD 1 or its local equivalent. The AED 525 fee is charged every year; Perkly has no waiver on record.
More from Al Masraf
Al Masraf Mastercard World Elite Credit Card
- Earn 1% cashback (flat rate) on all local and international spend, uncapped
- 14 airport lounge visits a year via Mastercard Travel Pass, 3 complimentary fast-track services a year, and complimentary Careem rides to the airport
Updated November 2026