Mashreq Neo NEO PLUS Saver Account: Fees and Eligibility
Up to 6.25% p.a. with salary transfer
Primary sources reviewed on 2026-10-18. A source review is a dated snapshot; confirm the current quote before opening.
Check Mashreq Neo鈥檚 official account termsSalary, balance and account fees
Published minimum salaryAED 10,000
Balance to avoid feeNo minimum
Monthly fall-below feeAED 0
Annual interest/profit headline6.25% p.a.
Shown fee is conditional; relationship or salary waivers may apply.
Salary tier and eligible balance conditions apply.
Opening the account and sending money
Bank approval and current identity documents required.
- Digital account/access option
- Published digital option
- UAE PASS account opening
- Not independently established
- Free international transfers per month
- Not established
Digital access does not by itself confirm UAE PASS account opening. Identity, residency and bank checks apply.
Free-transfer count not established; check bank and correspondent charges.
Important conditions and exclusions
- 6.25% p.a. with AED 10,000+ salary transfer; alternatively 5% with AED 50,000 monthly average NEO PLUS Saver balance when salary does not qualify.
- Interest-earning balance is capped at AED 500,000; excess earns zero. More than two debit transactions in a month forfeits all interest that month.
- Variable rate; interest credited monthly. Salary rate ends after two consecutive missing salary months; the 5% alternative still requires AED 50,000 average balance.
- No NEO PLUS Saver monthly or fall-below fee. Underlying NEO current/savings account fees are separate. Active NEO account required; Gold/Private customers excluded.
Rewards from prize draws are excluded from guaranteed value. Unknown fees, exchange spreads and eligibility are not modelled as zero.
Compare salary-transfer bonuses and plan commitment datesOfficial Mashreq Neo sources
Compare all UAE bank accounts 路 How we verify fees and model rewards