MaxSaver Account

Save the flexible way

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High interest rates

Up to 2.40% per annum* on AED & USD

*Rates are subject to change

AED & USD

Accounts

Convenient & flexible

Saving

Up to 2.40%* interest per annum

Enjoy attractive interest rates that will help you save to the max. *Rates subject to change

Enjoy monthly interest

Interest earned on your MaxSaver Account is credited to you on a monthly basis.

No minimum balance or monthly fees

Saving with your MaxSaver Account is simple. With no minimum balance or monthly fees you can focus on accumulating your savings.
The flexible & easy account
The MaxSaver Account from Mashreq gives you the ideal combination of flexibility and ease of operation. Earn up to 2.40% per annum on your savings effective 15th February 2023
Earn big even on small savings
Earn high interest on your savings regardless of the amount
Easy access to funds

Flexibility of 1 debit transaction in a month without impacting the interest payment for that month

It’s easy for Mashreq customers
You can open AED MaxSaver Account through Mashreq Online/Mashreq Mobile. For USD MaxSaver Account please visit a Mashreq branch.

Choose your currency

The MaxSaver Account is available in US Dollars or Dirhams. To find out interest rates, click here.

Eligibility

Minimum monthly income
AED 5,000
Mashreq Account
Customers who already hold an active Current or Savings Account with Mashreq Bank
Age
Must be 18 years old and above. A minor (below the age of 18) can apply along with a guardian.

You will need

Absolutely no paperwork! Simply open the account through Mashreq Online/Mashreq Mobile

Are you ready to apply?

Transparency

Terms & Conditions
Key Facts Statement

Still got questions?

There is no monthly minimum balance or fee applicable on the MaxSaver account.

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If you are a non-resident, you first need to open a Savings Account with Mashreq after which you can open a MaxSaver Account online.

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Each customer can open up to 2 MaxSaver accounts – one in AED and another in USD.

The AED account can be opened easily using Mashreq Mobile or Online Banking. For USD account, please visit your nearest branch. You can personalise your accounts with the naming feature.

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You can enjoy the flexibility of one debit transaction from your MaxSaver Account in a month without impacting the interest payment for that month. If you perform more than one debit transaction within a month, then interest for that month is forfeited and will not be credited to your account.

Standing Order, Loan Recovery, Utility Payments & Credit Card Payments are not considered while calculating the number of monthly debit transactions.

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Interest on MaxSaver Account is calculated on the average monthly balance and is credited monthly.

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