Your details are safe and secured
Credit Bureau Consent, Welcome Offer & General Terms & Conditions
I hereby acknowledge and agree to allow Citibank to share my details with any UAE credit bureau and make enquiries about me with any UAE credit bureau at its sole and absolute discretion. I agree to the Terms and Conditions listed below. Citibank Terms and Conditions apply, are subject to change without prior notice and are available upon request. For the current Terms and Conditions, please visit our website www.citibank.ae. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners/other entities. By inquiring about our services, offers or products, you will be authorizing our representatives to approach you on your contact details including your telephone/mobile number for any product or service offered by Citibank. The applicant agrees to be bound by Citibank’s General Terms and Conditions available on the website www.citibank.ae. The applicant hereby represents and warrants that the information provided herein is true, accurate, and complete and that he/she agrees to remain responsible for and to indemnify Citibank, N.A. from and against any losses, claims and/or liabilities incurred by Citibank NA as a result of having relied on such information. Citibank, N.A. is not required to verify the information provided by the applicant and neither is the bank obliged to provide the applicant with any loans or credit facilities based on the provided information. The products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals.
Thank you for providing your details.
Mashreq Savings Accounts in UAE
Features of Mashreq Savings Account
- No minimum balance requirement on the saver accounts
- Can avail in multiple currencies
- Free products and services are provided
- Provides interest rate on the account balance
- Can avail account to account transfers on no/ low charges
- Can get a debit card on the account opening
- Minimum balance of AED 3000 is required in the basic savings account
Eligibility Criteria of Mashreq Savings Account
- Both UAE Residents and Non-Residents are eligible
- Minimum salary of AED 5000 is
Documents Required of Mashreq Savings Account
- Valid Passport
- Emirates ID(UAE Residents)
- 2 months Bank account Statements(Non-Residents)
- Visit Visa(Non-Residents)
Mashreq Bank Savings Account
4 Savings Accounts Provided By Mashreq Bank
Easy Saver Account
Features
- Even Non-Residents are eligible
Features
- Even Non-Residents are eligible
Benefits
- Can access the account in foreign currencies
- Can transfer the funds in no time using online banking facility
- Interest rate of 0.25%-0.70% is provided
- Debit card is not provided in order to limit the unnecessary expenses
Max Saver Account
Features
- Should have an existing savings or current account at Mashreq bank
- Can get free accident insurance cover
Features
- Should have an existing savings or current account at Mashreq bank
- Can get free accident insurance cover
Benefits
- Provides accident cover of up to AED 100,000
- Can access the account in AED and USD currencies
- Can open up to 10 Max Saver accounts
Noon VIP Savings Account
Features
- Savings account with high rewards
- The interest is calculated on the monthly average balance and credited to the account every month
- UAE residents are eligible and non-residents with Visit visas or transit visas are eligible
Features
- Savings account with high rewards
- The interest is calculated on the monthly average balance and credited to the account every month
- UAE residents are eligible and non-residents with Visit visas or transit visas are eligible
- The account holder must be 18 years old. Applicants who are below 18 years are eligible to open with a guardian
- Chequebook is not offered on the account
Benefits
- Get an interest rate of upto 0.50% per annum
- Get 2% cashback on all the purchases made using the debit card at noon, noon Grocery, NowNow & Sivvi
- Get 0.10% cashback on other purchases using the debit card
- Earn Salaam Points on the purchases made using the card. Earn up to 2,000 points upon balance maintenance
- Get free noon VIP membership for one year
- Get 1 free international money transfer per month
- Can open the account online
Basic Savings Account
Features
- Both Residents and Non-Residents are eligible
Features
- Both Residents and Non-Residents are eligible
Benefits
- Get free net banking, mobile banking and telebanking services globally
- Can use the debit card anywhere in the world
- Even Non-Residents are eligible for the savings account
Benefits
- Free manual transactions at the branch every month
- Free accident insurance cover
- Free personalized chequebook
- Free debit card
- Provides interest rate depending on the account balance
- Can open up to 10 saver accounts
- Can transfer the funds to other accounts on no charges
Frequently Asked Questions
⭐ Can I use my debit card at the ATM on no charges?
A. Yes, you can use the debit card at Mashreq ATMs on no charges.
⭐ Do Non-Residents need to provide UAE bank account statements?
A. No, Non-Residents need to provide bank account statements of their resident country.
⭐ What is the interest rate provided on the balance?
A. The interest rates can vary from 0.20% to 1.25%, depending on the account balance.
⭐ What are the charges on non-maintenance of balance in the account?
A. In the basic savings account if there is no minimum balance then AED 25 is charged per month.
⭐ What are the charges to open an extra Easy Saver account?
A. An account holder can open up to 10 saver accounts on no charges.
⭐ What are the benefits of Mashreq savings account?
⭐ What is the eligibility criteria to open a Mashreq saving account?
⭐ What are the documents required for Mashreq savings account?
⭐ Is there any fee to open Mashreq savings account?
A. No, Mashreq doesn’t charge any fee for opening a savings account.
⭐ What is the minimum balance required for Mashreq savings account?
A. AED 3000 is required to maintain a monthly Mashreq savings account.
⭐ In which currency can I do transactions with Mashreq savings account?
A. Mashreq savings account holders can perform transactions in AED & USD.
⭐ Can a non - UAE resident open a Mashreq savings account?
A. Yes, a non - UAE resident with a valid passport can open a Mashreq savings account.
About Mashreq
Mashreq Bank is a private sector bank established in 1967. It was started by Al-Ghurair Group and it also known as largest private sector bank. Mashreq Bank provides both retail and commercial services to their customers.
Mashreq provides a wide range of products and services that suits the needs of every customer. It works with an aim to provide their customers best banking experience and establish a good customer bank relationship. Mashreq Bank has marked its presence globally by starting their operations at regions like Bahrain, Egypt, Kuwait, Qatar. It also has branches in New York, Mumbai(India), London and Honk Kong.
Get in touch with Mashreq Bank Customer Care