The Emirates NBD Mazeed Platinum Credit Card is a new financial revolution in the Saudi Arabian Credit Card market. This card gives you the maximum cashback on your day to day spends, with no monthly caps! The Card is also powered with a host of offers that other Credit Cards in the Saudi Arabian market cannot match.
The Emirates NBD Mazeed VISA Platinum Credit Card comes with exciting advantages as follows:
You can earn cashback on retail spends, both domestic and international. The below table highlights the categories and the respective cashback percentages:
|Spend category||Cashback %||Cashback Monthly Cap (SAR)*|
|Medical & Pharmacies||5%||200|
|School & Education||5%||200|
|Airlines & Hotels||2%||200|
*Total Cashback is not capped on a monthly level.
*Subject to fair usage policy
The Bank will calculate cashback once a month, upon issuance of your statement of account. Your cashback balance will be displayed on your mobile and online banking as well as on your monthly statement of account.
You can request to redeem the cashback via mobile banking, online banking or the 24/7 call center. You have the option to redeem the cashback in parts or in full.
No paper work, no filling up forms. The Cashback will be credited to your Card Account within 3 working days of receiving your instructions.
The Cashback will not be deducted from your overall bill generated at the merchant establishment. However, it will reflect in the monthly statement, post which you can request for redemption. This Cashback amount is over and above all the discounts offered by the merchants from time to time.
You enrolled into the Mazeed Cashback program automatically upon activation of your Card.
The Mazeed Cashback program does not currently have any enrolment fee.
You are free to choose how to use your Mazeed Cashback amount.. In case there is an outstanding balance on the Credit Card when the redemption request gets processed, the Cashback will be adjusted against the same, and the amount due from your to the bank will be reduced by the amount of Cashback redeemed.
If there is no outstanding balance on the Credit Card, the Cashback redeemed will reflect as a credit balance and can be used to make further purchases – and earn further Cashback.
Only the Primary Cardholder can redeem this amount and it will be credited to your account.
Please note that the redeemed Cashback cannot be en-cashed or transferred to any entity/ any other card.
In the case of any outstanding on your card, the Cashback will clear it off just like a cash payment. In the case of no outstanding the Cashback amount will reflect as a credit in the Card account.
The Cashback offer is applicable only on the retail transactions. Hence the below transactions will not earn Cashback:
Shopping on the Internet will also qualify for the Cashback. The Cashback percentage will be determined by the merchant’s categorization by schemes.
In case a refund occurs for a previous transaction, the respective cashback will be deducted from the accrued cashback of the month in which the reversal is posted.
There is no maximum limit for cashback redemption however the minimum amount of cashback which can be redeemed is SAR 100.
Yes, the unredeemed cashback will expire if unused for 36 months after being accumulated.
No, there is no minimum spend. You can start earning Cashback right away. Just activate your Card and start using it.
The Bank reserves the right to change the cashback percentages, caps and limits at their discretion. You will be informed ahead of time of any changes which are taking place to your product benefits.
Cashback calculation is based on the Merchant’s classification by global standards as defined by VISA and MasterCard.
You may not have earned cashback on certain transactions as the merchant may have been classified under a different category. Emirates NBD is not responsible for ensuring merchant classification.