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Mashreq Neo Salary Account

Minimum Balance AED

0

Currency

AED

Annual Return

1.1%

Features

ATM Transfer, Free Cash Withdrawals &
4 more

Description

Discover the Salary Account with up to AED 2,500 Cashback

Major Advantage: Open account in 2 Minutes, Zero Paperwork, Up to 2,500 cashback

Points to Consider: There is a minimum salary requirement  

Features

Cashback on Salary Transfer: Earn cashback based on your transferred salary

Monthly Salary Range Cashback
AED 5,000 – 9,999 AED 200
AED 10,000 – 19,999 AED 1,000
AED 20,000 – 49,999 AED 1,500
AED 50,000 & above AED 2,500

 

Minimum Balance Requirement: No Minimum Balance if you are transferring your salary every month

Interest Rate: Enjoy 1.1% p.a.  interest through Maxsaver

Minimum Salary Requirement: AED 5,000

Dedicated Relationship Manager: No

Minimum Account Opening Amount: AED 0

Monthly Fees: AED 0 (AED 10 will be charged for not transferring salary in account)

Sharia Compliant: No

Salary Transfer Required: Yes

Currencies Account Available: AED

Other Features:

  • Access to global stock exchanges
  • Fast and easy remittances
  • Free first cheque book
  • Invest in gold and foreign currencies
Documents Required
  • Valid Emirates ID.
  • 18 years and above.
  • Minimum monthly salary of AED 5,000 or annual turnover of AED 60,000.

 

Additional Info: 

  • Cashback across 6 months: Cashback is based on your first salary and will be credited across 6 equal monthly payments. Cashback will be reversed if no salary is transferred for 3 consecutive months (within 12 months of first transfer).
  • All info mentioned can change at any point of time as per the discretion of the bank.. All info above is subject to change
  • Terms and conditions apply.
Additional Info
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About Mashreq Bank

Mashreq Bank is one of the UAE's oldest and most innovative financial institutions, with over 50 years of operation. As a digital pioneer in the region, Mashreq combines traditional banking strength with cutting-edge digital solutions through platforms like NeoBiz for businesses and Neo for personal banking.

Why Choose Mashreq?

 

Mashreq offers the perfect balance of digital convenience and established banking credibility. You get 100% online banking capabilities while having access to physical branches, a full range of financial products, and the security of banking with a UAE institution with decades of experience.

Key Features

 

  • Digital-first banking with branch access when needed

  • Comprehensive business banking ecosystem

  • Advanced online and mobile banking platforms

  • Strong international banking capabilities

  • Regulated by the Central Bank of the UAE


Digital Innovation Leader

Mashreq has consistently led digital banking innovation in the UAE, being the first to launch many digital services. Their NeoBiz platform represents their commitment to providing businesses with modern, efficient banking tools while maintaining the reliability of traditional banking infrastructure.

Customer Support & Availability

 

Mashreq offers multiple support channels including 24/7 digital banking, branch banking Sunday to Thursday (8 AM to 3 PM), and phone support. NeoBiz customers receive dedicated relationship management for business queries.

Security & Regulation

 

As one of the UAE's largest and longest-established banks, Mashreq operates under strict Central Bank supervision. The bank employs multi-layered security protocols, advanced fraud detection systems, and is known for its robust financial stability and compliance standards.