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.
Mashreq Daily Bonus Account
Daily Bonus Account
Features
- Earn up to 1.50% per annum, calculated and credited daily.
- Account available only in AED (Dirhams).
- Unlimited withdrawals with no impact on daily interest.
- 24/7 access through Mashreq Mobile and Mashreq Online.
- Instant digital account opening with Emirates ID and selfie verification.
- No paperwork or branch visit required.
- Existing Mashreq customers can open the account instantly through digital channels.
- Supports local transfers, deposits, standing instructions, and online payments.
- Minimum monthly income: AED 5,000.
- Must be 18 years or older.
- Minors may apply with a guardian.
- Must hold an active Mashreq Current or Savings Account (for existing customers).
- UAE residents can open directly; non-residents must open a Savings Account first.
- AED 21 fall-below fee charged once monthly if balance drops below AED 3,000.
- Minimum monthly balance: AED 3,000.
Required Documents
- Valid Emirates ID for digital verification.
- No supporting documents needed if KYC with Mashreq is already updated.
Main Benefits
- You earn interest every day, enabling faster and more consistent savings growth.
- Fully digital onboarding makes it easy to start saving immediately.
- Helps you maintain a stable savings habit with a clear minimum balance requirement.
- Works well for users searching for a high-return AED savings account in the UAE.
- Convenient for salary earners and digital-first users who prefer online money management.
- Interest rates vary based on the account balance tiers (as per the bank’s rate schedule).
- Suitable for regular savers and customers looking for daily-credited returns.
Frequently Asked Questions
Q. What is the minimum age to get this account?
A. The minimum age is 18 years, a minor can apply with the help of a guardian.
Q. What is the minimum balance requirement?
A. The minimum monthly balance requirement is AED 3,000
Q. Who is Minimum monthly income?
A. Minimum Monthly income is AED 5,000
Q. How is the interest earned?
A. You can get interest 1.50% per annum which will be credited to your account daily
Q. In how many currencies is a Mashreq Daily Bonus account available?
A. Mashreq Daily Bonus Account is available in AED (Dirhams)
Q. Eligibility criteria Mashreq Daily Bonus Account UAE?
A. AED 5,000 minimum monthly income, age 18+, existing Mashreq account holder.
Q. Withdrawal restrictions Daily Bonus Account?
A. Unlimited withdrawals permitted without interest loss.
Q. How many Daily Bonus accounts permitted?
A. Single Daily Bonus account allowed per customer via Mashreq Online.
Q. Non-residents eligible for Mashreq Daily Bonus Account?
A. Non-residents open regular savings account first, then Daily Bonus online.
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