NEO Savings Account

Mashreq

Standard Savings

Mashreq logo
UAE Nationals Eligible Yes
Expatriates Eligible Yes
Non-Residents Eligible No
Minimum Age 18 Years
Minimum Salary Requirement AED 5,000
Flat Interest Rate 0.15% - 0.15% (AED, USD, GBP, QAR); credited every 6 months if min requirements met
Interest Payment Frequency Half-yearly
Islamic Banking No
Minimum Balance Requirement AED 3,000.00
Below Minimum Fee AED 20.00
Early Closure Fee AED 100.00
Supported Currencies AED, USD, GBP, QAR
Prize Draw No
Cashback Rewards No
Lounge Access No
Requires Regular Deposits No
Regular Deposits Details Either keep AED 3,000 monthly or have AED 5,000 salary credit
Joint Account Allowed Yes
Minor Allowed No
savings_accounts.can_open_online Yes
Mobile Banking Yes
Debit Card Yes
Cheque Book No
24/7 Support Yes
Sustainability Incentives No
Goal-Based Savings No

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