Money Multiplier Account

The more you spend & remit, the more you earn

Multiply your savings

High interest rates

As high as 1.60%*

*Rates subject to change


On spends & remittances


Account opening

Up to 1.60% interest

The Money Multiplier Account offers a higher interest rate up to 1.60% p.a. (paid every month) based on your monthly average balance and spends/remittances.

Enjoy rewards on your spends and remittances

Save and spend or remit and earn attractively high interest rates with Mashreq Money Multiplier Account. The more you spend and remit, the more interest you will receive.

Easy account opening

For current Mashreq customers you can open your account with one click on Mashreq Online, and for new customers it involves just a few simple online steps.
man in white
Multiply your savings
The Mashreq Money Multiplier Savings Account helps you accumulate savings. Get rewarded on all your spends and remittances and enjoy high interest rates of up to 1.6% depending on your balance and spends.
benefits steps
Mashreq Money Multiplier is convenient and easy to maintain with no minimum balance and no fall below fee
Terms & Conditions apply
If you already have a Current or Savings Account, use “instant one click” account opening.
It’s easy for Mashreq customers


Minimum monthly income
AED 5,000

UAE residence holders & visitors on a visit or transit visa

21 years and above

New Customers

You will need

A valid passport with a residence visa page for all expatriates.
A valid Emirates ID / Non-residents: 2 months of bank statements from country of residence

And finally, fill in the application form.

Terms & Conditions, click here.

Existing Customers

Still got questions?

No. There is no minimum balance requirement or fall below fee for this account.
A Money Multiplier account can be opened only in AED (Dirhams)
Yes, a non-resident may open a Money Multiplier Account with the bank.
You are allowed to open only one Money Multiplier Account.

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