Neo Cashback Credit Card

Unlimited cashback on every spend

Get a welcome bonus of up to AED 500

neo cashback hero eng

Unlimited cashback

on every spend

Free for life

No annual fee

Enjoy unlimited cashback

5% cashback on dining spends in UAE
2% cashback on international spends
1% cashback on other local spends*

*Earn 0.33% cashback for govt. payments, utilities, education, charity, fuel, rental and telecom spends. Cashback is not applicable on bill payments made via Mashreq Neo App and Online banking.

Welcome Cashback

Enjoy cashback of up to AED 500 on making a minimum spends of AED 1,500 monthly for the first four months on your Neo Cashback Credit Card. For T&Cs please click here.

Here’s what you need to get a credit card

Mashreq Neo Account
AED 5,000+
Good credit score and Debt Burden Ratio below 50%


Enjoy all VISA privileges

Experience benefits reserved for the exclusive club of Visa Platinum members around the globe, plus purchase protection, medical, legal referral and much more.

Easy Payment Plan

Enjoy shopping and the freedom to buy now and pay later with Easy Payment Plan

No Hidden Fees

Annual fees
Primary Card: No annual fees Supplementary Card: No annual fees
Interest rates
3.33% p.m. for the first 6 months. Up to 3.69% p.m. thereafter
Monthly Minimum Payment
5% of your monthly statement balance
Pay Protect Insurance
0.99% of your monthly statement balance

Get your Neo Cashback Credit Card

Still got questions?

If you’re an existing customer – log in to Mashreq Neo App and apply for a credit card If you’re new to Mashreq Neo – Open a Mashreq Neo Account by downloading Mashreq Neo App and apply for a credit card
Your monthly income should be a minimum of AED 5,000.
The Neo Cashback Credit Card is free for life for Primary as well as Supplementary Card(s).
No, there is no minimum spend requirement to earn cashback
All retails purchases made on your Neo Cashback Credit Card will be eligible for the cashback. Spends not qualified for cashback are: • Balance transfers • Local cash advances • Credit card cheques • Finance charges • All fees charged on the Card by the Bank • Transactions reversed by Merchants • Utility bill payments like telephone bills, water and electricity bills made through the Bank's payment channels like Call Center, Mashreq Online, ATM, Mobile Banking, Branches or any other Bank's payment channel.
The cashback will be calculated on your statement date. For example: For customers with a statement date (billing cycle) on the 9th - Spends posted between 9th and 8th of every month will be considered.
The cashback can be redeemed on achievement of a minimum of AED 100 as cashback balance. You can easily redeem from Mashreq Neo Mobile and Mashreq Neo Online.
Yes, the cashback earned has a maximum validity of 36 months from the date of earning. If the cashback is not redeemed within this period, it will expire. Additionally, accumulated cashback will be forfeited in the below cases: You have not earned or redeemed any cashback in last twelve (12) months or the Card account is delinquent.
Cashback will be earned on spends made on the supplementary card(s) as well. However, please note that the cashback can be redeemed only against the Primary Card account and will appear only on the statement of the Primary Card account.
The new cashback balance will appear in the monthly credit card statement. The cashback mentioned in the statement will be the cashback earned during that particular billing cycle.
The cashback earned can be redeemed upon your choice to the primary Credit Card account and will be applied directly to the outstanding balance of the card but does not count towards the minimum monthly payment on the card. The cashback is considered as a credit towards the card account and not as a payment, so you must still make the minimum monthly payment due on the card.