Mashreq
Neo Smart

Cashback on purchases:

With MashreqPay get 5% cashback on all your spends each month. Simply tap your smartphone on the POS terminal during checkout to make contactless, cashless & secure payments in a jiffy. This service works at all NFC enabled Terminals in UAE and abroad across all android devices.

Mashreq Neo Accounts would need to be applied through Mashreq Neo app.

• Minimum age - 21 years
• Minimum monthly salary of AED 5,000 or annual turnover of AED 60,000
• UAE resident holder or UAE National

• A valid Emirates ID
• A valid Passport
• Valid visa page for expatriates

Neo smart account

Free for first 3 months
AED 10 per month (waived off in the below scenarios)
1. if customer spends AED 1000 on Debit card) (or)
2. if customer maintains AED 3000 minimum balance

AED 1000 will not include the below transactions -
Charitable and Social Service Organizations, Religious Organizations; Electric, Gas, Sanitary and Water Utilities; Court Costs, including Alimony and Child Support; Fines; Bail and Bond Payments; Tax payments; Government Services (Not Elsewhere Classified); Postal Services –Government Only; Intra – Government Transactions

Neo Salary account
Free for first 3 months. AED 10 per month (waived off is customer salary is received in the Neo account)

Key Benefits

Quick Remit:
Free transfers to India, Pakistan, instant transfer and 24/7 available

Instant loan:
Designed as an exclusive benefit for customers who use Neo as their Salary account. Mashreq Neo customers can now fast track their wish list with Neo Instant loans. To find your eligibility , Click on the menu button and then the loans button, post you log in to your Neo app.

Mashreq Millionaire:
Purchase Mashreq Millionaire Certificates to participate in our monthly and quarterly lucky draws. Each certificate is valued at only AED 1,000. The more you purchase, the better your chances of qualifying for all prizes, including the grand prize of AED 1,000,000!

Cashback on purchases:
With MashreqPay get 5% cashback on all your spends each month. Simply tap your smartphone on the POS terminal during checkout to make contactless, cashless & secure payments in a jiffy. This service works at all NFC enabled Terminals in UAE and abroad across all android devices.

Pay Bills
Etisalat, Du, DEWA, SEWA, Salik, school fees, international mobile connections and 100 other partners. Let us know and we will handle everything for you. No extra cost.