Neo Savings Account

Discover the perfect savings account

For all your needs

0.15% p.a.

Interest rate

2 minute

Account opening




Valid Emirates ID
18 years and above
Student or housewife visa holder

Branchless banking

At Neo, we're big believers in the power of digital so there's no need for any branches. The Neo app is designed to serve all your banking needs and queries. So enjoy easy banking using your Neo app and Mashreq ATMs.

Extra Benefits

Free Platinum Debit Card delivered within 48 hours
Fast & easy remittances to 30+ countries
Apply for a Gold Investment Account for free
Get travel, dining and lifestyle benefits

See how easy it is!

All you need is your Emirates ID to open your Neo account. No paperwork. No branch visits.

Ready to open a Neo account?

Still got questions?

The Neo app is available on Google Playstore, Apple Appstore and Huawei AppGallery. You can click here to go to the app store and download the Neo app.
To create a Mashreq Neo account, you need to have your Emirates ID. Download the Mashreq Neo app from App Store / Play Store and tap on 'New to Neo? Click here to apply' and follow the simple application process. You can also open a Mashreq Neo account from the Mashreq Neo website by clicking here
Please follow the below steps to retrieve your application: 1. Open the Mashreq Neo app & click on 'New to Neo. Tap here to Apply' banner 2. Enter your mobile number and email id with which you were trying to open your Neo account 3. Your application will be resumed at the point where you had left. You can complete the remaining steps to open your account. In case you were trying to open an account through the website, please follow steps 2 and 3 mentioned above after clicking here. Once you complete all the account opening steps, you receive and SMS and email with your account number.
With a Mashreq Neo digital account, there is no need for you to visit a Mashreq branch. However, you can visit a Mashreq ATM/ITM for withdrawing cash, encashing cheques, and updating your mobile number/address/EID etc

Explore more Neo products

Quick Remit

Enjoy rapid money transfers across the world. ‘Quick Remit’ offers the fastest experience across 30+ countries, and at the best exchange rates.

Mashreq Millionaire

Save today, to win tomorrow. Open a Neo account and purchase Mashreq Millionaire certificates from the Neo app to participate in the monthly, quarterly and AED 1,000,000 lucky draws.


Save your money with MaxSaver to earn 1% on your deposits. It's instant and convenient

Download Mashreq Neo App