According to the bank, the offer comes with “no lucky draws” and “no games of chance”. You simply need to use your Mashreq credit card to pay for all or part of your child’s school fees before September 15, and you’ll get a guaranteed reward.
RELATED: How to handle back-to-school expenses in the UAE
The rewards include the HP Sprocket photo printer, the Apple Watch, the iPad Pro and the Xbox One games console. Naturally, the value of the reward increases with the amount you spend on the credit card. You just need to make a minimum school fee payment of AED 10,000 to be eligible for a reward.
You’ll also get a Mashreq Millionaire certificate for every AED 5,000 you pay on school fees with your credit card. So there’s always the chance of winning more back in rewards.
SEE ALSO: These are the best cashback credit cards in the UAE
Now, you may think that it’s counter-productive to pay school fees on your credit card, but actually it can make a lot of sense. Mashreq will give you 0% payment plans up to 12 months for school fee expenses, meaning you don’t need to worry about paying your school fees in one big lump. And if you’re using the Mashreq SmartSaver Credit Card, you’ll also get cashback on your school fee payments.