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MASHREQ CREDIT CARD ELIGIBILITY AND MINIMUM MONTHLY SALARY REQUIREMENTS

Mashreq Bank, founded as Bank of Oman in the year 1967, in today’s world, has multiple corporate banking businesses around the Middle East, along with retail banking and foreign exchange businesses in other countries.

Mashreq Bank is known to be one of UAE’s best-performing banks, and that continues to date. Mashreq Bank provides its customers with a wide range of credit cards to utilize in order to earn rewards and cashback returns while making purchases via the Mashreq Bank Credit Cards.

A few popular credit cards offered by Mashreq Bank in the UAE are Mashreq Bank Solitaire Credit Card, Mashreq Bank Premium Elite Credit Card, Mashreq Bank Cashback Credit Card, Mashreq Noon Credit Card, and many more which need to meet the Mashreq Bank credit card minimum salary requirement and contain excellent cashback offers and discounts for every purchase made via the credit cards.

Mashreq Bank credit card eligibility :

The primary eligibility factor for applying for a credit card from Mashreq bank will be the age of the applicant. You are required to be at least 21 years old and this is the minimum age limit expected by the bank from its applicants. The next eligibility criteria is the citizenship of the individual. You need to be either a citizen of UAE or a resident or expat of UAE. These two are mandatory eligible things that there will be no negotiations done with that.

In the same way, you are expected to be either a salaried employee or a self-employed or even can do a business.  The motto here is there should be a steady source of income for you. The minimum salary limit that has been implied for applying for a credit card from Mashreq bank is AED 5,000 and again, this varies and depends on the kind of credit card you’re applying for. However, no matter what kind of card you’re applying for, the minimum salary limit is AED 5,000.

Another important and inevitable eligibility is your credit score. It is highly looked into your profile whether you have been maintaining a good credit score throughout the time of till today. Hence, having a good credit card will increase the chances of the approval of your credit card. These are the most commonly expected eligible standards with Mashreq bank’s credit card application process and the remaining factors are based on the kind of credit card for which you’re applying for.

Mashreq Bank, founded as Bank of Oman in the year 1967, in today’s world, has multiple corporate banking businesses around the Middle East, along with retail banking and foreign exchange businesses in other countries.

Mashreq Bank is known to be one of UAE’s best-performing banks, and that continues to date. Mashreq Bank provides its customers with a wide range of credit cards to utilize in order to earn rewards and cashback returns while making purchases via the Mashreq Bank Credit Cards.

A few popular credit cards offered by Mashreq Bank in the UAE are Mashreq Bank Solitaire Credit Card, Mashreq Bank Premium Elite Credit Card, Mashreq Bank Cashback Credit Card, Mashreq Noon Credit Card, and many more which need to meet the Mashreq Bank credit card minimum salary requirement and contain excellent cashback offers and discounts for every purchase made via the credit cards.

Mashreq Bank credit card eligibility :

The primary eligibility factor for applying for a credit card from Mashreq bank will be the age of the applicant. You are required to be at least 21 years old and this is the minimum age limit expected by the bank from its applicants. The next eligibility criteria is the citizenship of the individual. You need to be either a citizen of UAE or a resident or expat of UAE. These two are mandatory eligible things that there will be no negotiations done with that.

In the same way, you are expected to be either a salaried employee or a self-employed or even can do a business.  The motto here is there should be a steady source of income for you. The minimum salary limit that has been implied for applying for a credit card from Mashreq bank is AED 5,000 and again, this varies and depends on the kind of credit card you’re applying for. However, no matter what kind of card you’re applying for, the minimum salary limit is AED 5,000.

Another important and inevitable eligibility is your credit score. It is highly looked into your profile whether you have been maintaining a good credit score throughout the time of till today. Hence, having a good credit card will increase the chances of the approval of your credit card. These are the most commonly expected eligible standards with Mashreq bank’s credit card application process and the remaining factors are based on the kind of credit card for which you’re applying for.

Documents Required to Apply for a Mashreq Bank Credit Card In UAE

As per the law, every bank is required to have valid documents of the applicant in order to meet the Mashreq Bank Neo credit card eligibility. If the applicant is responsible enough and matches the eligibility criteria to apply, then it is easy to obtain a Mashreq Bank Credit Card in the UAE. The documents that are required while applying for that includes all the following:

  • Citizenship proof: The applicants are expected to submit their Emirates ID if they are a citizen of UAE or else the proof of residency in case of resident or expats of UAE. You can also submit your passport with a Residency Visa.
  •  Income proof: The income proof is used to check if you are receiving a steady income and if you will be able to repay the amount on dues timely. So, for salaried employees, you need to submit the last three months salary certificate or even your pay slips could be considered.
  •  Bank Statements: If you are self-employed or a business person, then you are in need to submit your bank statement of the past three months reflecting a steady flow of income in your account. This is because the bank needs to be sure that you are capable of repaying the amount on or before the dues.

Mashreq Bank's Best Credit Cards in United Arab Emirates

Mashreq Bank offers a wide variety of credit cards for UAE Nationals and Expatriates to select from in UAE. The Credit cards offered by Mashreq Bank strictly provide credit cards to individuals who are 21 years of age and above and to individuals who receive a minimum monthly salary.

Below are mentioned the best Credit cards available with Mashreq Bank in THE UAE, along with its features, the offers each credit card provides to its users and the Mashreq Bank credit card eligibility criteria that the individual needs to match.

Mashreq Solitaire Credit Card

This particular credit card offered by Mashreq Bank, the Mashreq Solitaire Credit Card, is popular for various reasons in the UAE. The Solitaire Credit Card is known for its rewards and cashbacks on purchases, minimal or hefty, and various complimentary benefits.

Features Of Mashreq Solitaire Credit Card

The Mashreq Solitaire Credit card comes with a "Car Assistance Service" for users.

Solitaire Credit Card provides Travel Insurance to its users.

It provides applicants with Marhaba Silver Meet & Greet upon applying for the Credit Card.

The credit card holds multiple exciting rewards that applicants can earn while making use of that in the United Arab Emirates.

An annual fee of AED 1,500 plus 5^% VAT primarily, and the supplementary,  AED 600 plus 5% VAT.

Upon applying for it, the applicants can avail an Interest Free Period of up to 55 days.

Applicants will receive Visa Offers upon applying for Mashreq Solitaire Credit Card, which means it gives exclusive deals and offers from Visa.

Applicants get to earn Mashreq Vantage Points while making purchases via the Solitaire Credit Card and redeem them immediately.

Applicants can obtain the Easy Payment Plan upon applying for the Mashreq Solitaire Credit Card,  in the UAE. Applicants can shop and opt for the Buy Now Pay Later Payment Plan.

Complementary Visits to Fitness First is also an advantage that comes with this credit card.

Required minimum salary limit :

The Mashreq bank credit card minimum monthly salary is of AED 25,000 in order to apply for the Solitaire Credit Card by Mashreq Bank. Applicants are required to meet the Mashreq bank credit card eligibility which is, you should be 21 years and above in order to obtain a Mashreq Bank Credit Card. It also follows all other eligible criteria. 

Mashreq Platinum Elite Credit Card

The Premium Elite Credit card by Mashreq Bank welcomes its users with a welcome bonus and many exciting offers and discounts for every purchase to meet the Mashreq Platinum Elite Credit Card eligibility by Mashreq Bank in UAE.

Features Of The Mashreq Platinum Elite Credit Card

  • This particular credit card holds value, such as providing complimentary Airport Transfers and Fitness First Access.
  • Mashreq Platinum Elite Credit Card helps users maximize their Vantage Points on every expenditure made via the Platinum Elite Credit Card.
  • The Platinum Elite Credit Card offers 50% discount on movie tickets if the Platinum Elite Credit Card is used to pay.
  • A primary Annual Fee of AED 650 plus 5% VAT is charged to applicants.
  • The Platinum Elite Credit Card only requires the applicant’s 5% of the Monthly Statement Balance.
  • This particular credit card by Mashreq Bank also is known to offer Visa Offer Service which provides exclusive deals and offers from Visa.
  • Applicants can access 1000+ Airport Lounges upon applying for the Mashreq Platinum Elite Credit Card.

Minimum salary limit :

The minimum salary limit that has been set for getting a Platinum elite credit card is AED 7,000. This might be lesser than the Solitaire credit card but never settled with the benefits and features. Applicants are required to be residents of the UAE in order to apply for the Mashreq Platinum Elite Credit Card in UAE. To obtain the Platinum Elite Credit Card, the applicants are needed to be at least 21 years and above. Valid and original documents are required to be presented by the applicants to the bank, to continue a hassle-free application process, be it online or offline.


Mashreq Cashback Credit Card 

The Cashback Credit Card, provided by the Mashreq Bank, in the UAE, is known for its cashback offers on daily expenses and hefty expenses. The cashback credit card includes no annual fee that can be charged to the applicants upon applying for the Cashback Credit Card By Mashreq Bank in UAE.

Features Of The Cashback Credit Card

  • To apply for the Cashback Credit Card in Mashreq Bank, applicants receive a Welcome bonus of AED 500 upon spending AED 5,000 or more in the first two months.
  • The Mashreq Cashback Credit Card requires 5% of the Monthly Statement Balance.
  • The Cashback Credit card by Mashreq Bank provides its users a Pay Protect Insurance which will be 0.99% of the Monthly Statement Balance plus 5% VAT.
  • Cashback Credit cards come with an Easy Payment Plan feature where users can utilize the Cashback credit card for making payments or can opt for the Buy Now Pay Later scheme.
  • Applying for the Cashback Credit Card implies unlimited Cashback offers and discounts for users, utilizing the Cashback Credit Card for purchases. A 5% cashback is availed on dining expenses, a 2% cashback on international expenses and a 1% cashback on local spends via the Cashback Credit Card.
  • Upon applying for the Cashback Credit Card, applicants are offered a 20% cashback for Netflix, Zomato, and more.
  • Complimentary Fitness First Access is granted to users of Cashback Credit Card of Mashreq Bank in the UAE.

Minimum salary expectations :

The applicant is required to meet the Mashreq credit card eligibility to be 21 years and above. The applicant is required to be a resident of the UAE in order to apply for the Mashreq Cashback Credit Card. The applicant is required to have 5% of their monthly statement balance as per the Mashreq credit card salary requirement. You need to have a minimum monthly salary of AED 5,000 in order to be qualified for approval of this credit card. It is user friendly with its lower minimum salary limit and it could be availed by most of the people.

H2- Mashreq Neo Credit Card

The Mashreq Neo Credit Card is a Popular Digital Credit Card where users can be just “Ready To Shop”. The Neo Credit Card requires no Annual Fee and is known to be free of cost for life, making it convenient and stress-free to apply for a credit card in UAE.

Features and benefits of Neo Credit Card

  • Applicants shall receive up to AED 500 in the name of a Welcome Bonus if an expense of AED 5,000 is conducted in the first 2 months.
  • On all Neo Express orders, with the Neo Credit Card, Unlimited Free Next Day Deliveries can be enjoyed.
  • The Neo Credit Card can instantly be used upon applying for the Credit Card in UAE.
  • There are no Annual Fees charged upon applying for the Noon Credit Card.
  • Applicants will receive a 5% cashback on Neo, Noon Food and Noon Minutes.
  • You can receive a 5% cashback on Neo Supermall and NowNow.
  • Applicants, upon applying for the Neo Credit Card, available 0.33% cashback on government Payments, fuel, charity, rental and telecommunications Purchases.
  • Applicants are offered a 1% cashback on every other purchase made by the Noon Credit Card in UAE.

Required minimum salary limit :

Applicants should meet the Mashreq credit card basic eligibility that comes with age, citizenship, employment and credit score. You are required to have a 5% of the Monthly Statement Balance as per the Mashreq bank Minimum salary requirements. The minimum monthly salary that is expected to have is AED 10, 000 for Neo credit cards and it ranges between cashback, platinum and solitaire credit cards. Those who can afford more than platinum but not to the level of solitaire cards can apply for a Neo credit card.

Conclusion 

Mashreq Bank in the United Arab Emirates is known to be the best-performing bank in the UAE, with brilliant cashback offers, discounts on daily expenditures and many more financial benefits. To apply for a credit card with Mashreq Credit Card in the UAE, applicants are required to be 21 years and above and must contain a good credit score and credit history in order to apply for any Mashreq Credit Card. The Mashreq credit card eligibility criteria to match in order to grab onto a Mashreq Credit Card is the same as any other bank. Many credit cards in Mashreq Bank require applicants to contain 5% of their monthly statement balance as their Mashreq Bank credit salary requirement.

FAQs

The four best credit cards by Mashreq Bank in UAE are, Mashreq Solitaire Credit Card,  Mashreq Platinum Elite Credit Card,  Mashreq Noon Credit Card and Mashreq Cashback Credit Card.

The minimum salary requirement in order to apply for a credit card with Mashreq Bank,  The Solitaire Credit card, is AED 25,000

Yes Absolutely! Mashreq Bank is known for its world-class security standards.

To set up an account with Mashreq Bank,  the minimum initial Balance required is AED 3,000

Yes, to apply for a Mashreq Bank Credit card, applicants can now apply online by visiting the Mashreq Bank website.

Yes, the digital credit card provided by Mashreq Bank in the UAE is The Mashreq Noon Credit Card. This credit card can be used immediately after applying for it instead of waiting for a physical credit card.

To activate the Mashreq Credit Card, the applicant is required to head to the Mashreq Bank website and register themselves, if that has not been done. Download the Mashreq UAE app and sign-up as a New User to then follow the instructions by providing necessary details to sign up.

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