The Cash Back promotion with the new credit cards from IBQ is real and yes, 5% of qualifying retail spend on the card is given back to our customer.

How it works: This is up to a maximum spend of QAR 100,000 per statement cycle, but not exceeding your assigned credit limit. You must spend a minimum of QAR 1,000 (retail) in order to benefit. The amount of cashback is evident on your monthly statement showing how much you’ve earned during that month, and the accumulated balance.

You can redeem after a monthly statement cycle or, as and when you choose bearing in mind that the cashback expires after 18 months.

If you have any questions or would like more information please don't hesitate to contact the IBQ 24 hour Call Centre on 447 8000.