Mashreq Al Islami Platinum Elite cashback rate, cap and annual fee
Mashreq Al Islami Platinum Elite pays 1.31% at non-dirham spending, and 8 other rates. The card costs AED 650 a year.
Mashreq Al Islami · United Arab Emirates · catalogue v101
Read from Mashreq Al Islami's own published terms on 19 Sep 2026.
AED 650Annual fee
1.31%Best rate
What it pays, by category
| Spending | Rate | Monthly cap |
|---|---|---|
| non-dirham spendingtravel | 1.31% | —Anything bought in a currency other than the dirham, not only travel. |
| dining | 0.79% | —Restaurants, on the band with supermarkets. |
| groceries | 0.79% | —Supermarkets, on the same band. |
| everything else | 0.26% | —Everything else in dirhams. |
| fuel | 0.13% | —Fuel, on the card's lowest band. |
| government | 0.13% | —Government payments and utilities, on the card's lowest band with education, telecoms, rent and charity. No points at all on utility bills paid throug |
| education | 0.13% | —Education, on the same lowest band. |
| phone and internet | 0.13% | —Telecoms, on the same lowest band. |
| rent and property | 0.13% | —Rent, on the same lowest band. |
Five Mashreq Vantage points a dirham on anything bought in another currency, three on dining and supermarkets, one on other local spending and half a point on government payments, utilities, education, charity, fuel, rent and telecoms. At Mashreq's cashback rate of 380 points to the dirham that is about 1.3% abroad and 0.8% on a grocery shop. No points at all on utility bills paid through the Mashreq app or online banking; the same bill paid at the provider earns the reduced rate. Mashreq prices the points in the same document: 380 to the dirham as cashback in the app, 303 for an Amazon.ae gift card or at a Mashreq terminal, 288 for a noon gift card. Everything below is measured at the cashback rate, because that is the route with nothing attached to it. The airline conversions are far worse and are not what this values — 32 points for one Skywards Mile, 22 for an Etihad Guest Mile, 17 for an Avios. Mashreq does not state this card's annual fee on its range page; the figure here came from public comparison sources and should be confirmed. Source: mashreq.com's own "Mashreq Vantage points earning structure - Cards" document, effective 13 June 2026, read 19 Sep 2026.
Questions people ask
What cashback does the Mashreq Al Islami Platinum Elite pay?
1.31% at non-dirham spending, and 8 other rates.
Is there a cap on the Mashreq Al Islami Platinum Elite?
No monthly cap is published on the rates shown here.
What is the annual fee on the Mashreq Al Islami Platinum Elite?
AED 650 a year.
Knowing the rate is not the same as remembering it
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