Last Updated on 09 June 2020

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 Easy Saver Account

Mashreq Bank

Easy Saver Account

Min Balance to Maintain

AED 0

Monthly Fee

AED 0

Annual Fee

AED 0

Minimum Salary

AED 5K

Relationship Manager

Yes

Mashreq
min balance

AED 0

Min Balance to Maintain

monthly fee

AED 0

Monthly Fee

annual fee

AED 0

Annual Fee

min salary

AED 5K

Minimum Salary

relationship manager

Yes

Relationship Manager

View details on bank page

Features

  • Even Non-Residents are eligible
  • Monthly income of AED 5000 is required
  • No minimum balance maintenance requirement
  • Interest rate provided is based on the balance maintained

Main Benefits

  • Can access the account in foreign currencies
  • Can transfer the funds in no time using online banking facility
  • Interest rate of 0.25%-0.70% is provided
  • Debit card is not provided in order to limit the unnecessary expenses

Frequently Asked Questions

⭐ Are self employed individuals eligible to avail this account?

A. Yes, both self employed and salaried individuals are eligible to access Mashreq Easy Saver account.

⭐ Is it mandatory to have a savings account or current account?

A. Yes, to avail Easy Saver account you need to have an existing savings or current account.

⭐ How many easy saver accounts can I open?

A. One person can have a maximum of 10 accounts.

⭐ Can I access the account in foreign currencies?

A. This account can be accessed in AED and USD only.

⭐ What are the interest rates provided on foreign currency balance?

A. Yes, 0.25% to 0.65% of interest is provided on the existing balance.

⭐ Who is eligible to open Mashreq Easy Saver Account?

  • UAE residents
  • Non UAE residents
  • Minimum monthly income AED 5,000
  • ⭐ Is there any requirement to maintain Mashreq Easy Saver Account?

    A. No. There is no minimum balance required to maintain this account.

    ⭐ What is the monthly fee of Mashreq Easy Saver Account?

    A. The monthly fee is zero for this account.

    ⭐ On which basis do we earn profit on Mashreq Easy Saver Account?

    A. The profit is credited every month based on the monthly average balance.

    ⭐ How can I access Mashreq Easy Saver account?

    A. One can access this account through its Online & Mobile banking services.

    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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