What Is A cashback?
When a customer purchases something using a credit card, a percentage of the spending amount paid back to the users. This is known as cashback. This cashback percentage varies depending on the card limit and bank offers.
Some banks offer a cashback on yearly basis and some provide monthly basis cashback to the users.
Though this feature is normal for credit cards but many current accounts serve the same feature.
What Is A Visa Card?
A Visa card allows customers to pay using the Visa network. The company first distributed credit cards. However, debit, prepayment, and gift cards have also been added. While the names of the Visa are labeled, financial institutions are issued with Visa cards.
Visa Credit Card Features
Financial institutions issue the visa credit cards following the customer’s background. A visa credit card serves the customers in many ways.
1. Secure and Convenience
A visa credit card is secure and convenient to use. Customers can use these cards anywhere and can buy anything they want with one swipe. The code ensures security for customers.
2. Rewards and Benefits
A visa credit card offers many rewards and benefits to the users. These include cashback, incentives, etc.
3. Premium Services
A visa credit card serves premium services to creditworthy customers. A visa credit card offers extra freedom and flexibility in case of higher spending.
3. Cashback Credit Card Benefits
A best cashback credit card serves its customers to the fullest. Here are a few notable benefits serve by the cashback credit card.
4. Cash Rewards
Though each cashback credit card offers different features the convenience is the same for the customers. All cashback credit cards offer cash rewards on spending. The percentage of the reward may vary. These cash rewards can be incentives and sale offers.
5. No or Less Annual Fee
You can easily get credit card in UAE without salary transfer. Cashback credit cards are either free for life or the annual fee is way too less. This means that your reward will be in your pocket and nothing will be cut on the basis of fees or other charges. In case you are choosing a cashback credit card then ensure the reward percentage is greater than the fee.
6. Sign-up and Referral Bonus
Almost every financial institution offers sign-up and referral bonuses on cashback credit cards. These bonuses are separate from your cash rewards.
Best Cashback Credit Card
Many financial institutions in UAE offer cashback credit cards A best cashback credit card offers many services to the customers such as unlimited cashback, free for life, etc.
Mashreq bank offers the best cashback credit card. In case you are thinking about what makes it the best cashback credit card then here are the reasons.
1. Free For Life
Mashreq bank cashback card is free for life. Customers do not need to pay any charges or hidden expenses.
2. Unlimited Cashback
Mashreq bank’s best cashback credit card offers you unlimited cashback on spending. Up to 5% cashback on dining expense anywhere in the UAE. It offers 2% cashback on international spending and 1% on local spending.
3. Easy and Convenient
It is very easy and convenient to get a Mashreq bank cashback credit card. With a few step you can enjoy the amazing services with Mashreq bank.
