Focusing on Optimisation and Transparency
For those receiving salaries, the NEO PLUS Saver Account offers an attractive 6.25% annual interest rate, along with a cashback of up to approximately USD 1.361.
Salary customers who transfer a monthly salary of at least USD 2,723 or more can enjoy these benefits, in addition to receiving a salary bonus of USD 953 and an Early Bird Cashback bonus of USD 408.
Benefits for Non-Salary Customers
Non-salary customers also have the opportunity to earn interest rates by maintaining a balance of USD 13,615 or more and earning a 5% interest rate. This account offers a Early Bird cashback benefit of 5% on debit card transactions with an additional 81 USD on remittances.
Opening the Account
The NEO Plus Saver Account can be opened instantly through the Mashreq Mobile App, providing customers with access to a range of digital wealth and investment tools. These tools include fee-free US stock trading, mutual funds, bonds, and thematic investments.
Notably, this savings account also features a fully digital onboarding process.
Mashreq’s Other Initiatives
In May 2025, Mashreq announced plans to offer Aani Instant Payments for SMEs via the Mashreq Biz App. This initiative aims to enable faster and more secure collections of payments from clients.
The new service allows SME customers to generate a link or QR code through the Mashreq Biz app, which can be shared with their customers to facilitate quicker payment collection without requiring any bank details.