Easy Saver
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.
Easy Saver - The easy way to save
Key Features Include
- Available in AED and USD
- 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
Flexibility & Convenience
- Instant account setup with One click account opening for existing current / savings account holders through MashreqOnline
- Open upto 10 free easy saver accounts through Mashreq Online and Personalize each one of them with the nick name feature **.
View a step by step demo on "How to open a personalized Easy Saver Account"
Watch your savings grow with the Easy saver account!
| Balance Slab (Average per month) | Interest Rate (AED) | Interest Rate (USD) |
|---|---|---|
| Less than 1 million | 1.50%p.a | 1% p.a. |
| 500,000 to Less than 1million | 1.75%p.a | 1.50%p.a |
| 1million to Less than 3million | 2.25%p.a | 1.75%p.a |
| 3million+ | 2.60%p.a | 2%p.a |
Interest rates effective from February 1st, 2012. Rates are subject to change.Terms and conditions apply.
* Any debit transaction other than standing order or loan recovery will be considered as withdrawal and will result in loss of interest for the month.
** Withdrawal from one Easy Saver will not affect interest on the other Easy Savers.
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