Adulting is a never-ending loop of spending, regretting and pretending to save on repeat. And here’s the real thing, watching your bills piling up is a more likely scenario than your savings grow here in Dubai. But what if I tell you there’s an uber-simple way to yield maximum savings with absolutely no additional effort? Nope, not a dream, all thanks to Mashreq NEO dropping a brand new proposition called NEO Plus. And the best part? This little gem isn’t picky; it’s made for everyone: whether you’re a 9-to-5 hustler, freelancer, or bossing around your own startup. And the perks? Absolute gold! Let’s delve in!
Also read: Stop Wasting Money: Here’s How To Slash 50% Off Your Utility Bills This Summer In The UAE
Access To A Market Leading Savings Account (Mashreq NEO PLUS Saver Account)
All you have to do is download the Mashreq Mobile App (yup, the top-rated banking app in the UAE). Users can gain up to 6.25% interest per annum when they transfer their monthly salary of AED 10,000+. Not able to transfer your salary? Fret not. You just need to park AED 50,000 or more and you’ll still score yourself a smug 5% per annum. If the juicy interest rates weren’t enough to make you plunge into this deal, here’s what else NEO Plus is offering you:
Fee-free everyday banking, with zero fees on:
- Local money transfers
- International money transfers
- ATM withdrawals in the UAE and globally. Yup, that means no more awkwardly hunting for your bank’s ATM, or cribbing over fees when you’re travelling to a foreign country.
- Debit card and cheque book
A joining bonus (now, that’s what I’d call a grand welcome by Mashreq NEO)
- Up to AED 3,500 when you transfer your salary
- An early-bird cashback of up to AED 1,500, including: 5% cashback on debit card spends, AED 300 cashback on international transfers (to make it clearer, yes, the bank is paying you to send money) and up to AED 1,000 referral bonus (the more the merrier! And richer, I suppose)
You’ve got 3 months from account opening to grab the bonus. It’s more like a limited-time sale, except instead of shoes, we’re talking actual cash.
Access To A Host Of Wealth Solutions
From US equities and thematics to mutual funds, UAE stocks, bonds, and even commodities, Mashreq NEO’s investment options will spoil you. The most fascinating bit is that you can start with just $1 and still look like a pro investor. Plus, you get your hands on 10 free trades a month!
Cashback on Mortgages
What if we told you that your home loan valuation fee (a tidy AED 2,625) would be handed back to you when you book a Mashreq Home Loan and transfer your salary to NEO. Big wins of adulting, right?
Mashreq NEO – A Full Banking Solution in One App
Your banking woes are going to disappear in a jiffy. Credit cards, loans, insurance, mortgages – all of these will be bundled neatly within the Mashreq Mobile App. And this app is so user-friendly that it’d almost feel like your’re scrolling on Instagram.
You’re Banking With the Best
Mashreq NEO is not just a bank; it’s a star achiever. Mashreq NEO has been honoured with the Best Digital Bank in the Middle East for five years in a row. Mashreq NEO is also the highest-rated mobile banking app in the UAE with a 4.8 star score across app stores. Wait, there’s more – here are some of the note-worthy accolades:
In a city where your takeaway coffee costs make you weep, finding a savings account that actually makes your money work almost feels like wizardry. But with Mashreq NEO Plus, it has become a reality. From sky-high savings rates and zero-fee banking to investment options that start at a single dollar, Mashreq NEO is basically your adulting on pro mode.
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