Complete the application and receive an amazon voucher for AED 100
| Minimum Balance Required | Annual Return | Features | |
|---|---|---|---|
Mashreq Easy Saver Account
|
Minimum Balance Required: AED 5,000 | Annual Return: 1.25% | Features: Multiple Currencies |
The Easy Saver from Mashreq gives you the ideal combination of flexibility and ease of operation.
If you are already a Mashreq customer you can take advantage of our convenient online banking services to open your Easy Saver account instantly.
If you are already a Mashreq customer you can take advantage of our convenient online banking services to open your Easy Saver account instantly.
Interest Rate:
AED
0.90% p.a - AED 0 to 199,999
1.00% p.a - AED 200,000 to 999,999
1.15% p.a - AED 1,000,000 to 2,999,999
1.20% p. a. - AED 3,000,000 to 9,999,999 and more
1.25% p. a. - AED 10,000,000 and more
USD
0.50% p.a. - USD 0 to 199,999
0.75% p.a - USD 200,000 to 999,999
0.75% p.a - USD 1,000,000 to 2,999,999
1.00% p.a - USD 3,000,000 and more
Mashreq Easy Saver Account Features:
- Interest credited every month based on monthly average balance
- No minimum balance requirement or monthly fee
- Unlimited free online account-to-account money transfers within Mashreq
- With no Debit card, there is less temptation to withdraw your hard-earned savings
- No Cheque book
- Currency Type - AED and USD
- Instant account setup with One click account opening for existing current / savings account holders through MashreqOnline
- Open up to 10 free easy saver accounts through Mashreq Online and Personalize each one of them with the nick name feature
- You can now choose to save automatically on the Easy Saver account with the help of a Standing Instruction
- Minimum Salary - AED 5000
Mashreq Salaam Rewards - Easily earn points for all retail banking solutions such as Current & Saving Accounts, Fixed and Unfixed Deposits, Home/Car/Personal Loans, Insurance, Investments, ROD/SOD and Mashreq Millionaire certificates and also on Mashreq Credit and Debit cards.
Documents Required:
Documents Required:
- Application form
- Valid Passport with residence visa page for Expatriates/Emirates I.D.
- In case of non-residents, a 2 month bank statement from country of residence
- UAE residence visa holders
- Non-residents on a visit or transit visa
** Calculator Definitions
Amount:
The total amount of money borrowed, also referred to as the principal amount.
Rate (%):
This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years:
This is the original term or length of the product, stated in years.
Effective Monthly Payment:
This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%):
The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
