Complete list of Mashreq Service Charges for the Personal section

Service Charges

Credit Cards

Card Type Classic Card Titanium Card Platinum Card Dining Card
Primary Card Annual Fee EGP 100 EGP 250 EGP 450 EGP 400
Supplementary Card Annual Fee EGP 50
Free first year
EGP 150
Free first year
EGP 250
Free first year
EGP 100
Free first year
Minimum Payment 5% (minimum 50 EGP) 5% (minimum 50 EGP) 5% (minimum 50 EGP) 5% (minimum 50 EGP)
 Retail Interest Rate* 2.25% 2.25% 2.25% 2.25%
Cash Advance Interest Rate 2.40% 2.40% 2.40% 2.40%
Cash Advance Fee 3.5% (minimum 35 EGP) 3.5% (minimum 35 EGP) 3.5% (minimum 35 EGP) 3.5% (minimum 35 EGP)
Late Payment Fee 100 EGP 100 EGP 100 EGP 100 EGP
Over Limit Fee 70 EGP 70 EGP 70 EGP 70 EGP
Returned Cheque Fee 20 EGP 20 EGP 20 EGP 20 EGP
Currency Conversion Fee 6% 6% 6% 6%
Grace Period – Retail Purchases Up to 55 days Up to 55 days Up to 55 days Up to 55 days
Grace Period – Cash Advances None None None None
Primary Card Replacement Fees 100 EGP 150 EGP 200 EGP 150 EGP
Supplementary Card Replacement Fee 25 EGP 25 EGP 25 EGP 75 EGP
Paper Statement Reprint Charges 15 EGP per statement 15 EGP per statement 15 EGP per statement 15 EGP per statement
Credit Shield Fee 0.6% of statement closure balance 0.6% of statement closure balance 0.6% of statement closure balance 0.6% of statement closure balance
Government Stamp Duty 0.05% of outstanding balance at the end of each quarter 0.05% of outstanding balance at the end of each quarter 0.05% of outstanding balance at the end of each quarter 0.05% of outstanding balance at the end of each quarter
Mashreq  SMS Alerts EGP 5 EGP 5 N/A EGP 5
Priority Pass Fee N/A N/A 27 $ per person per visit.
First Visit of Each month is complimentary
N/A
Monthly Paper statements fee
( Effective August 2016)
EGP 10 EGP 10 EGP 10 EGP 10

*Interest calculated on daily closure balance

Accounts

  Basic Current Account Current Account Plus Basic Saving Account Easy Saver Account Step up Saving Account
Currency All Major currencies  All Major currencies  All Major currencies  EGP EGP
Account Opening Fees EGP 20 EGP 20 EGP 20 EGP 20 EGP 20
Initial Deposit EGP 2000 & FCYs 1000 EGP 5000 & FCYs 2000 EGP 1000 & FCYs 500 EGP 100 EGP 4000
Minimum Balance Required EGP 2000 & FCYs 1000 EGP 5000 & FCYs 2000 EGP 1000 & FCYs 500 N/A EGP 4000
Fall Below Fee (FBF) EGP 20 EGP 20 EGP 20 N/A EGP 20
 
Number of Free Transactions All transactions  free All transactions  free All transactions  free All transactions  free All transactions  free
 
Cheque Book Issuance Fee EGP 2 per Cheque Leaf EGP 2 per Cheque Leaf N/A N/A N/A
 
Debit Card Issuance / Annual Fee EGP 35 EGP 35 EGP 35 N/A EGP 35
Debit  Card Replacement Fee EGP 35 EGP 35 EGP 35 EGP 35
 
Statement Regeneration EGP 10 for 6 months EGP 10 for 6 months EGP 10 for 6 months EGP 10 for 6 months EGP 10 for 6 months
EGP 20 for more than 6 months EGP 20 for more than 6 months EGP 20 for more than 6 months EGP 20 for more than 6 months EGP 20 for more than 6 months
 
Service Charges (Quarterly) EGP 40 EGP 40 EGP 40 EGP 40 EGP 40
Interest Paid No interest Quarterly Semi Annually Monthly Quarterly

Deposits

  Fixed Deposit Un-fixed Deposit Advanced Deposit Fixed time Deposit with
frequent interest payment
Currency All Major currencies  EGP & USD EGP EGP
Minimum Deposit EGP 10,000 & FCYs 2000 EGP 10,000 & USD 2000 EGP 10,000 EGP 10,000
Maximum Deposit No Maximum No Maximum No Maximum No Maximum
Tenor 1 Week : 1 Year 6 Months & 1 Year 6 Months & 1 Year 6 Months : 3 Years
Premature Withdrawal Rate 2 % less applicable rate for the actual tenor 2 % less applicable rate for the actual tenor 2 % less applicable rate for the actual tenor 2 % less applicable rate for the actual tenor
Partial Withdrawal Not Allowed Allowed in units of EGP 1000 & USD 250 Not Allowed Not Allowed
Overdraft Against Deposit Up to 95% of Deposit Up to 95% of Deposit Up to 95% of Deposit Up to 95% of Deposit

Certificates of Deposit

Currency EGP
Minimum Deposit EGP 5,000
Maximum Deposit No Maximum
Tenor 3 Years - 5 Years
Face value  Multiplies of EGP 1,000
Interest Paid Monthly - Quarterly - Semi Annually - Annually
Partial Withdrawal Not Allowed
Overdraft Against Deposit Up to 95% of Deposit

Loans

Loans Auto Loans Personal Loans Overdrafts
with salary transfer  without salary transfer  Secured  ROD SOD
Processing/Commission Fees Up to 2% - Min EGP 1000 and No Max cap 1% - Min EGP 300 & Max EGP 5,000 1.5% - Min EGP 500 & No maximum cap 1% - Min EGP 300 & Max EGP 5,000 0.1% HDBC on monthly basis 0.1% HDBC on monthly basis
Insurance fee Not applicable 1% from the loan amount* 1% from the loan amount* Not applicable Not applicable Not applicable
Early settlement fees 7% of outstanding amount for Cash settlements



10% of outstanding loan amount for settlements done through Bank Transfer / Swift / Bank Draft / Certified Cheque
7% of outstanding amount for Cash settlements



10% of outstanding loan amount for settlements done through Bank Transfer / Swift / Bank Draft / Certified Cheque
7% of outstanding amount for Cash settlements



10% of outstanding loan amount for settlements done through Bank Transfer / Swift / Bank Draft / Certified Cheque
3% of outstanding amount for Cash settlements



5% of outstanding loan amount for settlements done through Bank Transfer / Swift / Bank Draft / Certified Cheque.
N/A








N/A
N/A








N/A
Partial Settlement Fees 5% of partially paid amount 5% of partially paid amount 5% of partially paid amount 5% of partially paid amount N/A N/A
Late Payment Fees  EGP 100 per installment EGP 100 per installment EGP 100 per installment EGP 100 per installment N/A N/A

Others fees

Outgoing Transfers In EGP 0.2% - EGP 10 Transfer charges  -  Max. EGP 300 & Min. EGP 10
Outgoing Transfers In FCYs 0.3% - USD 25 Transfer charges  -  Max. USD 100 & Min. USD 10
Inward Transfers In EGP 0.1% - Max. EGP 50 & Min. EGP 5
Inward Transfers In FCYs 0.1% - Max. USD 10 & Min. USD 2
Certified Cheques 0.2% - Max. EGP 300 & Min. EGP 10
Demand draft in EGP  0.2% - Max. EGP 200 & Min. EGP 20
Demand draft in FCY 0.3% - Max. USD 100 & Min. USD 5
Cheque Stop Payment EGP 50 per cheque
External Signature Verification EGP 20 per stamp
Standing instruction processing fees EGP 20
Certificates EGP 50
Account Closure Fees Free
Cash Withdrawal charges (less than EGP 5000) *N/A for easy saver accounts EGP 5 

Collections

Clearing Cheque EGP 10
Out Clearing Cheque 0.3%  -  Max. EGP 350 & Min. EGP 10
Bills 0.3%  -  Max. EGP 350 & Min. EGP 10
Cheque Returned Unpaid EGP 20
Cheque Returned Unpaid Presented Out Clearing EGP 20
Collection Chuque (FCY) 0.3%  -  Max. USD 100 & Min. USD 10
Withdrawal of Post Dated Cheque EGP 20