| Minimum Salary | Salary Transfer | Islamic Finance | Cashback | Annual Fee | Rate | |
|---|---|---|---|---|---|---|
Mashreq Platinum Credit Card
|
Minimum Salary: QAR 7,000 | Salary Transfer: Yes | Islamic Finance: No | Cashback: No | Annual Fee: QAR 500 | Rate: 1% |
The Platinum Credit Card from Mashreq is designed for customers who value the finer things in life and appreciate the privileges and prestige that the card brings.
Mashreq Platinum Credit Card Features:
If you spend QAR 1,200 at a purchase interest rate of 18.9% (variable) your representative APR will be 18.9% (variable).
Mashreq Platinum Credit Card Features:
- Interest Rate - 1%
- Complimentary AAA Gold Card worth QAR 500 giving you 24-hour roadside assistance, throughout the year.
- Credit Shield waives the outstanding balance on your card in case of loss of life, total permanent disability or loss of employment for a monthly fee.
- Accident Care.
- Travel Protection.
- Transfer your credit card balance from other banks at attractive interest rates.
- Easy Payment Plans offer you the convenience to 'buy now and pay later' in convenient monthly installments.
- Easy Cash allows you to take a hassle free loan up to 75% of your credit limit.
- Minimum Salary required - QAR 7000
- High credit limit.
- Complimentary access to Al maha Longue at Hamad International Airport for yourself and one guest.
- - Complimentary Al Maha meet & assist service at Hamad International Airport - will save you the hassle of waiting in line and handling luggage.
- 0% interest installment plan in selected partner outlets.
- Earn Salaam Reward Points on card usage
- Mashreq Privileges: Whopping discount of up to 50% at over 150 partner outlets in Qatar
- MashreqOnline allows you the freedom to access and pay utility bills. You can also request for services such as activate and block your card, increase/decrease limit of you card and MashreqPoints redemption and Instant Salaam Reward Points redemption.
- Free Supplementary Cards for your family members
- Auto Debit automatically have your minimum total outstanding balance paid through your Mashreq Account
- Phone Banking
- ATMs at convenient locations across Qatar allows you to pay your credit card bills instantly through cash/cheque deposit 24/7
- Salaried Customers - QAR 500
- Self-employed Customers - QAR 249
- Supplementary - No charge
- Replacement Card Fee - QAR 150
If you spend QAR 1,200 at a purchase interest rate of 18.9% (variable) your representative APR will be 18.9% (variable).
** Calculator Definitions
Amount:
The total amount of money borrowed, also referred to as the principal amount.
Rate (%):
This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years:
This is the original term or length of the product, stated in years.
Effective Monthly Payment:
This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%):
The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
