Last Updated on 02 March 2022

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 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 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 Neo Current Account

Mashreq Bank

Neo Current Account

Min Balance to Maintain


Monthly Fee


Minimum Salary


min balance


Min Balance to Maintain

monthly fee


Monthly Fee

min salary


Minimum Salary

View details on bank page


  • Salary transfer is not mandatory
  • A minimum age of 21 yrs is required
  • Only UAE residents are eligible
  • Provides lifestyle, dining and travel benefits
  • No minimum balance requirement on Neo Basic account
  • A minimum salary of AED 5000 is required
  • No charges on non-maintenance of minimum balance in the Neo Basic account
  • A minimum balance of AED 3000 should be maintained in Neo Smart account

Required Documents

  • Valid passport for validation
  • Emirates ID
  • UAE Resident Visa

Main Benefits

  • Its a Digital Bank Account which can be opened online instantly
  • Can maintain foreign currency account for free
  • Get free platinum debit card and cheque book
  • Get gold currency account for free
  • Mashreq Neo Current account has two variants - Neo Smart Account and Neo Salary Account
    Features Neo Smart Account Neo Salary Account
    Free Debit Card Yes Yes
    Cheque Book Yes No
    Monthly Fees AED 10 is waived if Monthly balance of AED 3000 is maintained or AED 1000 is spent using Debit card AED 10 is waived off on the salary transfer
    Offers Upto AED 350 as Welcome Bonus Upto AED 2500 as Cashback on Salary transfer

Frequently Asked Questions

⭐ Are there any monthly charges levied?

A. No, Neo Current account is provided for free on no charges.

⭐ Are self-employed individuals eligible?

A.Yes. Self employed individuals with an annual turnover of minimum AED 60000 are eligible for both Neo Smart and Basic account.

⭐ What are the charges on online transactions?

A. On account opening, 1 cheque book is provided for free. For additional cheque books, AED 1 is charged per leaf.

⭐ Are there any charges on international transfer of funds?

A. AED 25 is charged per transaction for international transactions.

⭐ What are the charges on funds transfer to accounts in UAE?

A. AED 1 is charged on funds transferred online to domestic accounts.

⭐ What are the other zero balance accounts available?

A. There are few other zero balance accounts available. You can checkzero balance accounts in UAEhere.

⭐ How to contact Mashreq customer care?

A. You can call them on (+971)-4-424 6666 or fill thecontact form


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


Free for Life Cashback Card with 20% Cashback*