Basic Savings Account

Earn interest as well

0.15% per annum

credited every 6 months

Quick & easy processing

simply downlod the Mashreq Mobile app

Visa Debit Card

with VISA MENA offers powered by The Entertainer

Enjoy the benefits of interest rates

With Mashreq Basic Savings Account, you will enjoy an interest rate of 0.15% per annum which is credited to your account every 6 months.(Interest rate is subject to change)

Free Visa Debit Card

Once you open your account, you will receive your Mashreq Debit card within 2 working days so you have access to your funds.

The easiest way to earn great returns on your savings
The Basic Savings Account from Mashreq gives you the freedom to make your banking transactions at no cost, while earning an interest on your account balance
Free online, mobile & telemarketing access and up to 6 manned transactions per month
Your Card is convenient and easy to use.
Easy account set-up
You need an initial balance of AED 3,000 to set up your account. Then withdraw cash at more than 1.8 million ATM's in over 200 countries with ease.
Easy access to funds anywhere, anytime
Enjoy the flexibility to use your money anytime through Debit Card or Cheque

Free transactions

Enjoy up to 6 free manned transactions per month (transactions in the Branch of the Bank).


Minimum monthly income
AED 5,000
UAE residence holders & visitors on a visit or transit visa
Must be 18 years old and above. A minor (below the age of 18) can apply along with a guardian.

You will need

A valid Passport
A valid Emirates ID or (if you are a non-resident) last two months bank statement from your country of residence along with resident address proof and income documents

And fill in the application form

Are you ready to apply?

Still got questions?

If the combined minimum average balance on your account falls below AED 3,000 or equivalent in other currencies i.e. “monthly minimum balance”, you will be charged a “fall below fee”. Click here to know more on how to avoid getting charged.

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A manned transaction refers to a transaction made in the branch of the bank. It does not include transactions made on an ATM/CCDM.

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Yes, a non-resident may open a Savings account with the bank. In addition to a valid passport, you will be required to provide a 2-month bank statement from the country of your residence along with resident address proof and income documents.

Additional documents may be required during the account opening process.

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Download Mashreq Mobile App

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