mashreq Bank

Mashreq Bank

Last Updated on 31 March 2020
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About the Bank


Mashreqbank PSC is the oldest private-owned bank in the United Arab Emirates. Mashreqbank PSC is the largest private-owned bank in the United Arab Emirates. In 1967, it was founded as Oman Bank, the first bank to issue debit and credit cards and was the first bank to make consumer loans. Mashreq was also the first UAE bank to install ATM Money Dispensers.


Mashreq has a total of 42 branches & 393 ATMs’ in UAE. It has strong retail and corporate banking presences in Egypt, Qatar, Kuwait and Bahrain throughout the Gulf of Persia. Mashreq has 12 overseas offices in nine countries, including Europe, the United States, Asia, and Africa. 

Banking Products & Services


Mashreq Bank offers a wide range of banking products & services like Credit Cards, Bank Accounts, Personal Loans, Business Loans, etc. Explore all the Mashreq Bank Products and Services here: 


Personal Banking

Accounts & Deposits

Foreign Exchange

Loans

Accounts

Mortgage Loans

Cards

Insurance

Digital Banking

Branch Banking

Corporate Banking

Industry Coverage

Industry Focus

Products & Services

Corporate Service Center

Digital Banking


Business Banking

Business Accounts

Trade Product & Services

Foreign Exchange

Cards

Business Loans

Investment Solutions

SME Insurance

Digital Banking


International

Trade Service

Account Services

Online Services

Gold

Gold Privileges

Gold Solutions

Gold Investments

Gold Forex

Gold Mortgages

Gold Insurance

Popular Products & Services


Mashreq Bank provides different types of financial products in the UAE and other regions. The flagship products include Credit Cards, Loans, Bank Accounts, etc. Here are the popular financial products:

 

Bank Accounts: Various types of bank accounts serve unique needs. It's wise to put money into the best account, and use the right tools to spend and save, depending on your goals. Mashreq Bank provides different Bank Accounts according to your requirements like Savings Account, Current Account, Mashreq SME Account, Deposit Accounts, etc. Loans & Mortgages:

Mashreq Bank provides attractive loan options for expatriates and UAE nationals. There are different Loans available at Mashreq Bank like Personal Loan, Home Loans, etc. Credit Cards: Mashreq Bank offers various credit cards for different purposes to suit everyone’s needs. There are different types of Credit cards available like Mashreq SmartSaver Credit Card, Mashreq Platinum Elite Credit Card, Mashreq SmartSaver Global Credit Card, etc.


Credit Card Offers

Bank offers various discounts, deals, and promotions on shopping, dining, travel, hotels, entertainment, education, health, and wellness, etc. Visit Mashreq credit card offers page for further details

Awards & Achievements


Year

Award Name

Awarded By

2018

Best Digital Bank in the ME

Euromoney ME Awards

2018

Best Retail Bank in the ME

Banker ME – Industry Awards

2018

Best Premium Credit Card

Solitaire – Banker ME – Product Awards

2018

The Best Bank in the UAE

EMEA Finance

2018

Most Innovative Islamic Banking Solutions Provider UAE 

Global Banking & Finance Review

Customer Support

The bank provides customer support 24/7 to its customers. You can get in touch with the bank via call or email on +9714 424 4444 and headcustomercare@mashreq.com. Visit Mashreq Bank Customercare Support page for further details.

Savings Account Savings Account
Credit Card Credit Card
Personal Loan Personal Loan
Current Account Current Account
Deposit Account Deposit Account
Sme Account SME Account

Savings Account Provided by Mashreq

Basic Savings Account

Interest Rate

0.25%

Min Balance to Maintain

3K

Monthly Fee

0

Annual Fee

0

Minimum Salary

5K

Relationship Manager

Yes

0.25%

Interest Rate

3K

Min Balance to Maintain

0

Monthly Fee

0

Annual Fee

5K

Minimum Salary

Yes

Relationship Manager

Easy Saver Account

Interest Rate

0.7%

Min Balance to Maintain

0

Monthly Fee

0

Annual Fee

0

Minimum Salary

5K

Relationship Manager

Yes

0.7%

Interest Rate

0

Min Balance to Maintain

0

Monthly Fee

0

Annual Fee

5K

Minimum Salary

Yes

Relationship Manager

Max Saver Account

Interest Rate

1.5%

Min Balance to Maintain

0

Monthly Fee

0

Annual Fee

0

Minimum Salary

5K

Relationship Manager

Yes

1.5%

Interest Rate

0

Min Balance to Maintain

0

Monthly Fee

0

Annual Fee

5K

Minimum Salary

Yes

Relationship Manager

Frequently Asked Questions

Q. How many days can I use multi-trip travel insurance?

A. Multi-trip insurance can be used for 90 days

Q. Can foreign citizens buy shares in Mashreqbank?

A. Yes, Mashreq bank has a foreign ownership limit of 49 percent.

Q. What is Mashreq Neo?

A. Mashreq Neo is the bank of a brilliant new world. A Mashreq-powered digital bank that exists entirely on your phone. With all the banking services you could need in the palm of your hand, you're never going to have to step into a branch again!

Q. Does Mashreq offer any zero balance account?

A. Yes. Mashreq Easy Saver account is a Zero Balance account.

Q. Are there any charges for MashreqPay?

A. No. MashreqPay is provided for free.

Q. Can I transfer funds to other countries through Mashreq Mobile?

A. Yes. You can transfer funds to anywhere in the world using Mashreq Mobile.

Q. What are the charges levied to transfer funds to India?

A. Mashreq mobile users can transfer funds to India on no charges and competitive conversion rates.

Q. Can I get the details of all my Mashreq accounts on Mashreq Mobile?

A. Yes. Mashreq mobile gives the details of all your accounts at Mashreq bank.

Latest Updates About Mashreq

Mashreq Becomes First Bank In The UAE To Launch A Complete Digital Banking Proposal For Small and Medium-sized Enterprises

24 September 2019

Mashreq announced the launch of NeoBiz, the first digital banking proposal in the UAE to provide personalized and tailored digital services for SMEs, including start-ups and young businesses in the country. NeoBiz offers a comfortable and contemporary business platform under the motto "Built for Business."

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