Mashreq
Cashback Credit Card (Al Islami)
The Cashback Credit Card (Al Islami) is a cashback credit card from Mashreq. It has no annual fee, and needs a minimum salary of AED 5,000 a month.
Annual fee
Free
Joining fee
Free
Min. salary
AED 5,000/mo
Rewards in
Cashback
Material
Plastic
Card highlights
- 5% cashback on dining (local, international and food delivery)
- 1% cashback on other international and UAE spends (excludes fuel, utilities, transport, govt, education, rent, telecom)
- 20% cashback for first 4 months at Netflix, noon, Talabat, Careem, DubaiNow and iTunes (capped at AED 50 per merchant per month)
- Visa MENA offers via Entertainer: 2-for-1 deals on dining, entertainment and shopping
Earn rates
| Category | Rate |
|---|---|
| Dining & food | 5% |
| Travel | 1% |
| Retail | 1% |
| Supermarket | 1% |
| Online shopping | 1% |
| International spend | 1% |
| Fuel | 0.15% |
| Utilities | 0.15% |
| Education | 0.15% |
| Transport | 0.15% |
| Real estate | 0.15% |
Rewards on this card are capped at AED 2,500 a month across all categories (about AED 30,000 a year).
Current welcome offer
Earn AED 500 cashback as a welcome bonus
- AED 500 for new customers, AED 100 for existing customers, when you spend AED 5,000 in the first 2 months
- Bonus credited by the end of the third month, primary cards only
Benefits & perks
- •Shariah-compliant (Tawarruq) card, free for life
- •DragonFly Dine and Fly programme
- •Visa MENA offers powered by Entertainer: 2-for-1 deals on dining, entertainment and shopping
- •Supplementary cards free for life
- •Easy Payment Plan instalments available
- •Balance transfer facility available
- •Easy Cash (cash on call) facility available
Every card is checked against official bank sources. Last updated October 2026.
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Questions people ask
What does the Mashreq Cashback Credit Card (Al Islami) earn?
A free-for-life Islamic cashback card paying 5% on dining and food delivery, 1% on most other spending and 0.15% on government payments, utilities, fuel, rent, education, telecom and transport in the UAE, with no overall cashback cap set by Mashreq Al Islami.
What does the Mashreq Cashback Credit Card (Al Islami) cost?
No annual fee on the primary or supplementary cards; free for life. Tawarruq profit rate 46.2% a year.
What does spending abroad cost on the Mashreq Cashback Credit Card (Al Islami)?
Spending abroad costs about 4.04% all in: Mashreq's 2.89% (VAT not applicable) on non-AED transactions and on AED transactions made outside the UAE, plus 1.15% for Visa, which is Perkly's standard estimate because Mashreq says 'plus Visa/Mastercard charges as applicable' without giving a figure.
What should I watch out for with the Mashreq Cashback Credit Card (Al Islami)?
The 1% is not on everything: government payments, utilities, education, charity, fuel, rent, telecom, taxis, local transport, tolls and parking in the UAE earn 0.15%. Do not count on 5% for hotel stays: Mashreq's documents disagree on whether hotels earn 5% or 1%. The 20% on Netflix, noon, Talabat and the other named merchants lasts only the first 4 months, at most AED 50 per merchant a month, and not through Apple Pay or Google Pay.
More from Mashreq
Mashreq Cashback Credit Card
- 5% cashback on dining (local and international) and online food delivery; 1% on other UAE and international spend
- No annual fee, no minimum spend; cashback redeemable from AED 100 as a card credit
Updated October 2026