HSBC Cash+ Credit Card

You earn 1% Daily Cashback on eligible retail spend, with no minimum spend or cap. On top of that, you get a 10% bonus on the Daily Cashback earned that month if you spend AED 5,000+, that quarter if you spend AED 25,000+, and that year if you spend AED 125,000+ - these bonuses can all stack together.

Yes. The AED 1,050 annual fee is waived for your first 12 months. From year two, it's waived again whenever your annual card spend reaches AED 24,000 or more; otherwise it's charged in full.

HSBC requires a minimum monthly salary of AED 30,000 for the Cash+ Credit Card, and you don't need to hold an HSBC bank account to apply. Final approval remains subject to HSBC's assessment.

HSBC Cash+ bundles several lifestyle perks on top of its cashback. You get unlimited airport lounge access for yourself and a guest at 1,000+ lounges in 300+ cities, a complimentary 12-month Careem Plus subscription, a complimentary Zomato Gold membership worth up to 50% off dining, and 2-for-1 cinema tickets at participating cinemas.

Beyond the AED 1,050 annual fee, HSBC Cash+ carries an Annual Percentage Rate of 44.28% on purchases and cash withdrawals, plus a cash advance fee of 3.15% of the amount withdrawn or AED 105, whichever is higher. Foreign currency transactions cost 2.1%, with a separate 1.05% fee if a transaction is billed in AED instead of its original currency. Late payments are charged AED 241.50.

Yes. It comes with complimentary Visa multi-trip travel insurance covering up to USD 500,000 for trips of up to 90 days, subject to the certificate's eligibility and exclusions. You're also covered by purchase fraud protection up to USD 2,500 per claim and USD 4,000 per year, plus an extended warranty that can add up to one additional year on eligible purchases paid in full with the card.