Last Updated on 05 December 2025

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.

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Mashreq Noon Savings Account

Mashreq Bank

Noon Savings Account

Interest Rate

1.1%

Min Balance to Maintain

AED 0

Monthly Fee

AED 0

Minimum Salary

AED 5K

No

Mashreq
interest rate

1.1%

Interest Rate

min balance

AED 0

Min Balance to Maintain

monthly fee

AED 0

Monthly Fee

min salary

AED 5K

Minimum Salary

No

Currency Account

View details on bank page

Features

  • The Mashreq noon Savings Account delivers rewards-focused digital savings for UAE residents.
  • Account operates exclusively in AED currency. Mashreq noon Debit Card enables 2% cashback on noon.com & NowNow transactions, 0.10% on other purchases.
  • Interest up to 1.10% per annum calculated on monthly average balance, credited end of each calendar month.
  • No minimum balance or fall below fees apply.
  • Global money transfers available to over 40 destinations.
  • Priority customer service and exclusive benefits provided.
  • No cheque book facility offered.
  • Instant account setup through Mashreq Mobile or Online Banking.
  • A minimum income of AED 5000 is needed
  • No monthly fee is charged to the account
  • Can open the account in only AED
  • No minimum balance is to be maintained in the account

Required Documents

  • Valid Emirates ID required for instant online account opening.
  • Last 2 months bank statements for non-residents

Main Benefits

  • 2% cashback earned on debit card purchases at noon.com and NowNow platforms.
  • 0.10% cashback applies to all other debit card purchase transactions.
  • Up to 1.10% interest per annum supports savings growth (rates subject to change).
  • Cashback redemption available through noon pay wallet for noon orders and merchant partners.
  • No minimum balance eliminates maintenance concerns for salary transfers of AED 5,000+.
  • Easy access to funds anytime through Mashreq noon Debit Card.
  • Quick 2-minute digital account opening requires only Emirates ID scan, selfie, and details.
  • Global transfer capability reaches over 40 destinations conveniently.

Frequently Asked Questions

Q. What cashback rates does Mashreq noon Savings Account offer?

A. 2% cashback applies on noon.com & NowNow debit card transactions; 0.10% on all other purchases.

Q. What interest rate does Mashreq noon Savings Account provide?

A. Up to 1.10% per annum calculated on monthly average balance, credited monthly

Q. Is minimum balance required for Mashreq noon Savings Account?

A. No minimum balance or fall below fees; salary transfer of AED 5,000+ eliminates all requirements.

Q. What eligibility criteria apply to Mashreq noon Savings Account?

A. Minimum monthly income of AED 5,000 required; age 18+ or minors with guardian.

Q. Does Mashreq noon Savings Account support cheque book?

A. No cheque book facility available; consider Mashreq Current Account instead.

Q. How is cashback redeemed from Mashreq noon Savings Account?

A. Cashback redeems through noon pay wallet for noon orders and merchant partners when available.

Q. In which currency can Mashreq noon Savings Account open?

A. Account available in AED (Dirhams) only.

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 Customer Care

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Free for Life Cashback Card with 20% Cashback*