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MINIMUM SALARY
AED 5000.00
Transaction Charges in UAE
ATM 0.00
Non-Bank ATM 0.00
Transaction Charges Abroad
ATM0.00
Non-Bank ATM0.00
Interest/Return
Nil
Minimum Balance
AED 3000.00
Minimum Deposit
AED 3000.00
Monthly Min Balance Fee
AED 10.00
Features
Joining Offers
Enjoy a limited-time offer of up to AED 5,000* cashback
Earn joining bonus based on your transferred salary - applicable for accounts with first salary credited on or after 09 June 2024.
Monthly Salary AED 5,000 - 9,999 - Joining Bonus AED 200, Additional Bonus in first 90days AED50, Total AED250
Monthly Salary AED 10,000 - 19,999 - Joining Bonus AED 500, Additional Bonus in first 90days AED2 50, Total AED 750
Monthly Salary AED 20,000 - 49,999 - Joining Bonus AED 1,000, Additional Bonus in first 90days AED 500, Total AED 1500
Monthly Salary AED 50,000 and above - Joining Bonus AED 2,500, Additional Bonus in first 90days AED 1,000, Total AED 3,550
The above bonus applies to all the customers holding NEO Current Account and NEO Savings Account.
Refer your friends to Mashreq NEO and get up to AED 1,000
Get up to AED 300* when you use Quick Remit in the first 90 days to send money to over 40 countries
Reward/Deposit Features
Enjoy 5% cashback, up to AED 200 on your debit card** when you shop in the first 90 days. **Add your debit card to any digital wallet (Apple Pay, Google Pay, Samsung Pay) to avail cashback
THINGS TO BE AWARE OF
Maintain AED 3,000 or transfer AED 5,000 salary
Non Residents and G3 nationalities cannot avail this account
MINIMUM SALARY
AED 8000.00
Transaction Charges in UAE
ATM 0.00
Non-Bank ATM 2.00
Transaction Charges Abroad
ATM2.00
Non-Bank ATM20.00
Interest/Return
Nil
Minimum Balance
AED 0.00
Minimum Deposit
AED 0.00
Monthly Min Balance Fee
AED 0.00
Features
MINIMUM SALARY
AED 5000.00
Transaction Charges in UAE
ATM 0.00
Non-Bank ATM 2.00
Transaction Charges Abroad
ATM2.00
Non-Bank ATM20.00
Interest/Return
Nil
Minimum Balance
AED 3000.00
Minimum Deposit
AED 0.00
Monthly Min Balance Fee
AED 25.00
Features
MINIMUM SALARY
AED 5000.00
Transaction Charges in UAE
ATM 0.00
Non-Bank ATM 2.00
Transaction Charges Abroad
ATM2.00
Non-Bank ATM20.00
Interest/Return
Nil
Minimum Balance
AED 0.00
Minimum Deposit
AED 0.00
Monthly Min Balance Fee
AED 0.00
Features
MINIMUM BALANCE
AED 300000.00
Transaction Charges in UAE
ATM 2.00
Non-Bank ATM 0.00
Transaction Charges Abroad
ATM21.00
Non-Bank ATM0.00
Interest/Return
Nil
Minimum Balance
AED 300000.00
Minimum Deposit
AED 0.00
Monthly Min Balance Fee
AED 0.00
Features
Transaction Charges in UAE
ATM 0.00
Non-Bank ATM 0.00
Transaction Charges Abroad
ATM0.00
Non-Bank ATM0.00
Interest/Return
Nil
Minimum Balance
AED 0.00
Minimum Deposit
AED 0.00
Monthly Min Balance Fee
AED 0.00
Features
MINIMUM SALARY
AED 5000.00
Transaction Charges in UAE
ATM 0.00
Non-Bank ATM 2.00
Transaction Charges Abroad
ATM2.00
Non-Bank ATM21.00
Interest/Return
Nil
Minimum Balance
AED 0.00
Minimum Deposit
AED 0.00
Monthly Min Balance Fee
AED 0.00
Features
MINIMUM SALARY
AED 5000.00
Transaction Charges in UAE
ATM 0.00
Non-Bank ATM 0.00
Transaction Charges Abroad
ATM0.00
Non-Bank ATM0.00
Interest/Return
Nil
Minimum Balance
AED 0.00
Minimum Deposit
AED 0.00
Monthly Min Balance Fee
AED 0.00
Features
MINIMUM SALARY
AED 5000.00
Transaction Charges in UAE
ATM 0.00
Non-Bank ATM 0.00
Transaction Charges Abroad
ATM0.00
Non-Bank ATM20.00
Interest/Return
Nil
Minimum Balance
AED 3000.00
Minimum Deposit
AED 0.00
Monthly Min Balance Fee
AED 0.00
Features
Reward/Deposit Features
Earn 1 Air Mile for every AED 4 spend on your card and redeem for flights, hotels and retail vouchers.
MINIMUM SALARY
AED 5000.00
Transaction Charges in UAE
ATM 0.00
Non-Bank ATM 2.00
Transaction Charges Abroad
ATM20.00
Non-Bank ATM20.00
Interest/Return
1.10 %
Minimum Balance
AED 3000.00
Minimum Deposit
AED 0.00
Monthly Min Balance Fee
AED 25.00
Features
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!
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.
Joining Offers
Early Bird Cashback Offer for AED 350.
AED 35 - Purchase 3 Mashreq Millionaires Certificates +
AED 65 - Debit Card Spends AED 3000 +
AED 75 - Quick Remit of AED 3000 +
AED 75 - Motor Insurance AED 100 - Term Life or Critical Insurance Plan
Reward/Deposit Features
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.
•Register your Mashreq Credit or Debit Card on MashreqPay and make 1 transaction to get your Joining Bonus of AED 25 guaranteed cashback.
•You are eligible for a 2% cashback of up to AED 50 for the first 10 transactions and an additional 5% cashback of up to AED 50 for more than 10 transactions in a calendar month.
•Opt in for free coupons from your favorite stores. You will get the coupons for redemption once you reach the required spends.
on Mashreq Website
MINIMUM SALARY
AED 5000.00
Transaction Charges in UAE
ATM 0.00
Non-Bank ATM 0.00
Transaction Charges Abroad
ATM0.00
Non-Bank ATM0.00
Interest/Return
Nil
Minimum Balance
AED 3000.00
Minimum Deposit
AED 3000.00
Monthly Min Balance Fee
AED 10.00
Features
Joining Offers
Enjoy a limited-time offer of up to AED 5,000* cashback
Earn joining bonus based on your transferred salary - applicable for accounts with first salary credited on or after 09 June 2024.
Monthly Salary AED 5,000 - 9,999 - Joining Bonus AED 200, Additional Bonus in first 90days AED50, Total AED250
Monthly Salary AED 10,000 - 19,999 - Joining Bonus AED 500, Additional Bonus in first 90days AED2 50, Total AED 750
Monthly Salary AED 20,000 - 49,999 - Joining Bonus AED 1,000, Additional Bonus in first 90days AED 500, Total AED 1500
Monthly Salary AED 50,000 and above - Joining Bonus AED 2,500, Additional Bonus in first 90days AED 1,000, Total AED 3,550
The above bonus applies to all the customers holding NEO Current Account and NEO Savings Account.
Refer your friends to Mashreq NEO and get up to AED 1,000
Get up to AED 300* when you use Quick Remit in the first 90 days to send money to over 40 countries
Reward/Deposit Features
Enjoy 5% cashback, up to AED 200 on your debit card** when you shop in the first 90 days. **Add your debit card to any digital wallet (Apple Pay, Google Pay, Samsung Pay) to avail cashback
THINGS TO BE AWARE OF
Maintain AED 3,000 or transfer AED 5,000 salary
Non Residents and G3 nationalities cannot avail this account
A salary transfer account in the UAE is a specialized bank account designed primarily for employees to receive their monthly salaries directly from their employers. This type of account offers numerous advantages, including easy access to funds, enhanced financial management tools, and additional perks such as zero balance requirements and preferential interest rates on loans. These accounts are tailored to accommodate regular salary deposits and are instrumental in managing both day-to-day expenses and long-term financial planning.
1. Direct Salary Credit: Your salary is automatically deposited into the account each month, ensuring a seamless and secure process.
2. Zero Balance Requirement: Many salary transfer accounts in the UAE do not require maintaining a minimum balance, providing greater flexibility in managing your finances.
3. Overdraft Facility: Access to overdraft facilities is common, allowing you to withdraw more than your available balance in times of need.
4. Free Debit Card and Cheque book: Complimentary debit cards and cheque books are typically provided, facilitating easy transactions.
5. Online and Mobile Banking: Manage your account on the go with robust online and mobile banking platforms.
6. Preferential Loan Rates: Enjoy lower interest rates on personal loans, credit cards, and mortgages, exclusive to salary transfer account holders.
7. Discounted Remittances: Some accounts offer free or reduced rates on international money transfers, a valuable benefit for expatriates.
1. Financial Convenience: Automatic salary credits eliminate the need for manual deposits, streamlining your financial management.
2. Enhanced Financial Security: With features like overdraft protection, you are better equipped to handle financial emergencies.
3. Exclusive Offers and Rewards: Benefit from special discounts, cashback offers, and rewards, often tied to spending on dining, shopping, or entertainment.
4. Easy Access to Credit: Salary transfer account holders are often considered low risk, leading to faster loan approvals and better interest rates.
5. Better Savings and Investment Options: Competitive interest rates on linked savings accounts or investment products help grow your wealth.
6. Simplified Bill Payments: Automatic bill payment options ensure timely payments, protecting your credit score.
7. Customized Banking Solutions: Many banks offer personalized banking services, helping you achieve your financial goals more efficiently.
1. Choose a Bank: Research and select a bank that offers the best salary transfer account features suited to your needs.
2. Visit a Branch or Apply Online: Depending on the bank, you can either visit a branch or complete the application process online.
3. Complete the Application Form: Provide your personal details and employment information as required by the bank.
4. Submit Required Documents: Typically, you will need to provide a passport copy, Emirates ID, residency visa (for expatriates), salary certificate, and proof of address.
5. Await Approval: The bank will review your application, which may take a few days, before approving and activating your account.
6. Start Using Your Account: Once approved, you will receive your account details and related materials, such as a debit card, to begin managing your finances.
To determine the best salary transfer account in the UAE, consider the following factors:
1. Compare Features and Benefits: Evaluate what each bank offers, including zero balance requirements, overdraft facilities, and preferential loan rates.
2. Check Interest Rates: Higher interest rates on linked savings accounts can significantly benefit your financial growth.
3. Review Customer Service: Good customer support is crucial for resolving issues quickly and effectively.
4. Bank’s Reputation and Stability: Opt for banks with a strong track record and financial stability.
5. Convenience Factors: Consider the bank’s branch and ATM network, as well as the accessibility of online and mobile banking services.
6. Evaluate Additional Fees: Look for hidden fees, such as transaction charges or maintenance fees, which could affect your savings.
7. Read Customer Reviews: Customer feedback can provide insights into the bank’s service quality.
8. Check for Special Offers: Some banks offer promotional deals for new account holders, such as higher interest rates or exclusive rewards.
9. Consult with Your Employer: Banks with partnerships with your employer may offer additional benefits or easier account setup processes.
By thoroughly evaluating these factors, you can choose the salary transfer account that best aligns with your financial needs and goals in the UAE.
FABCashback Credit Card
Minimum Salary AED 0
MINIMUM BALANCE 3.50%
MINIMUM DEPOSIT 3.50%
Please fill in the details to receive a call back with more details about this product
FABCashback Credit Card
Minimum Salary AED 5,000
MINIMUM BALANCE 3.50%
MINIMUM DEPOSIT 3.50%
Please fill in the details to receive a call back with more details about this product
