Latest news with #FernandoMorillo
What's On
31-07-2025
- Business
- What's On
This smart savings account helps your money grow effortlessly
Looking for a low-effort way to boost your savings? Say hello to NEO PLUS Saver , the new digital savings account from Mashreq that's all about big returns, with maximum convenience – and it's managed entirely from your phone. Whether you're salaried or freelance, this account is built to help your money grow with minimal effort. Through Mashreq M obile A pp (one of the top-rated in the UAE), customers can earn up to 6.25% interest per annum when they transfer their salary. No t transferring a salary? You can still earn a competitive 5% interest just by maintaining a balance of Dh s 50,000 or more . And if you're quick to sign up, you'll unlock a welcome bonus of up to Dhs1,500 and extra perks like 5% cashback on debit card spends and Dhs300 on international transfers. What sets this account apart is how simple and seamless it is. No bundles, no need for credit cards or loans – just a smart, standalone savings product that puts you in control. Open it in minutes, manage everything from your phone, and enjoy peace of mind with your money growing in the background. You'll also get acces s to additional tools like zero-commission stock trading , mutual funds, and digital investment options — perfect if you're looking to expand your financial game. Why it's worth it: • Earn up to 6.25% interest • Get bonuses and cashback rewards • Fully digital via the Mashreq app • No extra products required On the launch of the new account, Fernando Morillo, Group Head of Retail Banking at Mashreq stated, 'With NEO PLUS Saver, customers do not just earn competitive interest – they enjoy a complete digital banking experience through our award-winning mobile app, designed to simplify money management and support smarter financial growth.' Radu Topliceanu, Global Head of NEO at Mashreq added that with the NEO PLUS Saver, Mashreq is 'setting a new benchmark for what digital savings can offer in the UAE – unmatched returns, no hidden requirements, and a fully digital, customer-first approach from start to finish.' Ready to let your savings do the work? Open your NEO PLUS Saver Account now . Download Mashreq Mobile App – top-rated banking app in the UAE with a 4.8 scor e and open your NEO PLUS Saver Account today Find out more at Images: Supplied > Sign up for FREE to get exclusive updates that you are interested in
Khaleej Times
17-07-2025
- Business
- Khaleej Times
Mashreq launches NEO PLUS Saver account for salary and non-salary customers with UAE's most rewarding savings interest rates
The launch further strengthens Mashreq's position as a digital banking pioneer and reinforces its role in shaping the future of personal finance in the UAE Mashreq, a leading financial institution in the MENA region, has unveiled the NEO PLUS Saver Account – a high interest savings product designed to empower both salary and non-salary customers with market-leading returns and seamless digital access. Through the new account salary customers can earn 6.25% interest per annum in addition to a cashback of up to Dh5,000 making it one of the most compelling propositions in the UAE's banking sector. With a focus on simplicity and transparency, NEO PLUS Saver Account allows salary customers transferring a monthly salary of Dh10,000 or more, to earn 6.25% interest, along with a salary bonus of Dh3,500 and an early bird cashback bonus of Dh1,500. Non-salary customers can also enjoy market leading interest rates by simply maintaining a balance of Dh50,000 or more and earning 5% interest. They can also benefit from Dh1,500 with their Early Bird cashback benefit, which includes 5% cashback on debit card transactions and Dh300 cashback on remittances. Unlike other banking accounts in the market, Mashreq's new proposition brings simplicity – no need for additional product sign-ups such as a credit card or loans or mortgages, underlining the bank's commitment to customer-first, frictionless banking. Fernando Morillo, group head of retail banking at Mashreq, said, 'We are proud to launch a product that directly responds to the growing demand for rewarding, transparent savings solutions. With NEO PLUS Saver, customers do not just earn competitive interest – they enjoy a complete digital banking experience through our award-winning mobile app, designed to simplify money management and support smarter financial growth.' Radu Topliceanu, global head of NEO at Mashreq, added, 'Mashreq NEO has always been about creating intuitive, high-value banking experiences that fit into our customers' lives. With NEO PLUS Saver, we are setting a new benchmark for what digital savings can offer in the UAE – unmatched returns, no hidden requirements, and a fully digital, customer-first journey from start to finish.' Available exclusively through the Mashreq Mobile App – the highest customer-rated banking app in the UAE at 4.8 stars – the NEO PLUS Saver can be opened instantly, offering customers convenient access to the full suite of Mashreq's digital wealth and investment tools. These include fee-free US stock trading, mutual funds, bonds, thematic investments, and more. This launch further strengthens Mashreq's position as a digital banking pioneer and reinforces its role in shaping the future of personal finance in the UAE. With a fully digital onboarding process and no hidden requirements, the NEO PLUS Saver Account is built for growth-minded individuals who want to make their money work harder – all from their smartphone. Find your way to Rise Every Day at:
Arabian Business
11-06-2025
- Business
- Arabian Business
Mashreq launches new saver account offering 6.25% interest and $1,360 cashback
Mash r eq has launched a high-yield digital savings product that offers up to 6.25 per cent annual interest and cashback rewards of up to AED5,000 ($1,360). The financial institution says the NEO PLUS Saver Account is among the most attractive personal banking propositions in the region. Available exclusively through the Mashreq Mobile App, the account is designed to serve both salary and non-salary customers, combining generous returns with a seamless digital experience. Mashreq launches high-yield savings account What salary customers can get: 6.25 per cent interest per annum for those transferring a monthly salary of AED10,000 ($2,720) or more AED3,500 ($950) salary bonus AED1,500 ($410) Early Bird cashback, which includes spending and remittance rewards. Non-salary customers: 5 per cent interest per annum on balances of AED50,000 ($13,600) AED1,500 ($410) Early Bird Cashback, including 5 per cent cashback on debit card transactions and AED300 ($82) on international remittances Unlike some competing products, customers are not required to sign up for additional products such as credit cards, loans, or mortgages to unlock the full benefits. Fernando Morillo, Group Head of Retail Banking at Mashreq, said: 'We are proud to launch a product that directly responds to the growing demand for rewarding, transparent savings solutions. 'With NEO PLUS Saver Account, customers do not just earn competitive interest – they enjoy a complete digital banking experience through our award-winning mobile app, designed to simplify money management and support smarter financial growth.' Radu Topliceanu, Global Head of NEO at Mashreq, said: 'Mashreq NEO has always been about creating intuitive, high-value banking experiences that fit into our customers' lives. With NEO PLUS Saver Account, we are setting a new benchmark for what digital savings can offer in the UAE – unmatched returns, no hidden requirements, and a fully digital, customer-first journey from start to finish.' Mashreq said the account can be opened instantly and gives users access to wealth-building tools such as fee-free US stock trading, mutual funds, bonds, and thematic investment options.
Zawya
11-06-2025
- Business
- Zawya
Mashreq launches NEO PLUS saver account for salary and non-salary customers
Dubai, UAE – Mashreq, a leading financial institution in the MENA region, has unveiled the NEO PLUS Saver Account – a high interest savings product designed to empower both salary and non-salary customers with market-leading returns and seamless digital access. Through the new account salary customers can earn 6.25% interest per annum in addition to a cashback of up to AED 5,000 making it one of the most compelling propositions in the UAE's banking sector. With a focus on simplicity and transparency, NEO PLUS Saver Account allows salary customers transferring a monthly salary of AED 10,000 or more, to earn 6.25% interest, along with a salary bonus of AED 3,500 and an Early Bird Cashback bonus of AED 1,500. Non-salary customers can also enjoy market leading interest rates by simply maintaining a balance of AED 50,000 or more and earning 5% interest. They can also benefit from AED 1,500 with their Early Bird cashback benefit, which includes 5% cashback on debit card transactions and AED 300 cashback on remittances. Unlike other banking accounts in the market, Mashreq's new proposition brings simplicity – no need for additional product sign-ups such as a credit card or loans or mortgages, underlining the bank's commitment to customer-first, frictionless banking. Fernando Morillo, Group Head of Retail Banking at Mashreq, said: 'We are proud to launch a product that directly responds to the growing demand for rewarding, transparent savings solutions. With NEO PLUS Saver, customers do not just earn competitive interest – they enjoy a complete digital banking experience through our award-winning mobile app, designed to simplify money management and support smarter financial growth.' Radu Topliceanu, Global Head of NEO at Mashreq, added 'Mashreq NEO has always been about creating intuitive, high-value banking experiences that fit into our customers' lives. With NEO PLUS Saver, we are setting a new benchmark for what digital savings can offer in the UAE – unmatched returns, no hidden requirements, and a fully digital, customer-first journey from start to finish.' Available exclusively through the Mashreq Mobile App – the highest customer-rated banking app in the UAE at 4.8 stars – the NEO PLUS Saver can be opened instantly, offering customers convenient access to the full suite of Mashreq's digital wealth and investment tools. These include fee-free US stock trading, mutual funds, bonds, thematic investments, and more. This launch further strengthens Mashreq's position as a digital banking pioneer and reinforces its role in shaping the future of personal finance in the UAE. With a fully digital onboarding process and no hidden requirements, the NEO PLUS Saver Account is built for growth-minded individuals who want to make their money work harder – all from their smartphone. For more information on NEO PLUS Saver Account, please click here. About Mashreq Mashreq is more than half a century old, yet proudly thinks like a challenger, startup, and innovator. Mashreq has pioneered key innovations and developments in banking, starting with entry-level digital-first customers all the way to powering some of the region's most prominent corporations and wealth accounts. The bank's mandate is to help customers find their way to Rise Every Day, partnering through the highs and lows to help them achieve their goals and unlock their vision of success. Reassuringly present in major financial centers of the world, Mashreq's home and global HQ remains in the Middle East, offering services whenever and wherever opportunity takes its customers. Mashreq has been recognized as the fastest-growing Middle East brand, by Banking 500 rankings for 2024 by Brand Finance. Find your way to Rise Every Day at: For media inquiries, please write to: media@
Al Bawaba
11-06-2025
- Business
- Al Bawaba
Mashreq Launches NEO PLUS Saver Account for Salary and Non-Salary Customers with UAE's Most Rewarding Savings Interest Rates
Mashreq, a leading financial institution in the MENA region, has unveiled the NEO PLUS Saver Account – a high interest savings product designed to empower both salary and non-salary customers with market-leading returns and seamless digital access. Through the new account salary customers can earn 6.25% interest per annum in addition to a cashback of up to AED 5,000 making it one of the most compelling propositions in the UAE's banking a focus on simplicity and transparency, NEO PLUS Saver Account allows salary customers transferring a monthly salary of AED 10,000 or more, to earn 6.25% interest, along with a salary bonus of AED 3,500 and an Early Bird Cashback bonus of AED 1, customers can also enjoy market leading interest rates by simply maintaining a balance of AED 50,000 or more and earning 5% interest. They can also benefit from AED 1,500 with their Early Bird cashback benefit, which includes 5% cashback on debit card transactions and AED 300 cashback on other banking accounts in the market, Mashreq's new proposition brings simplicity – no need for additional product sign-ups such as a credit card or loans or mortgages, underlining the bank's commitment to customer-first, frictionless Morillo, Group Head of Retail Banking at Mashreq, said: 'We are proud to launch a product that directly responds to the growing demand for rewarding, transparent savings solutions. With NEO PLUS Saver, customers do not just earn competitive interest – they enjoy a complete digital banking experience through our award-winning mobile app, designed to simplify money management and support smarter financial growth.'Radu Topliceanu, Global Head of NEO at Mashreq, added 'Mashreq NEO has always been about creating intuitive, high-value banking experiences that fit into our customers' lives. With NEO PLUS Saver, we are setting a new benchmark for what digital savings can offer in the UAE – unmatched returns, no hidden requirements, and a fully digital, customer-first journey from start to finish.'Available exclusively through the Mashreq Mobile App – the highest customer-rated banking app in the UAE at 4.8 stars – the NEO PLUS Saver can be opened instantly, offering customers convenient access to the full suite of Mashreq's digital wealth and investment tools. These include fee-free US stock trading, mutual funds, bonds, thematic investments, and more. This launch further strengthens Mashreq's position as a digital banking pioneer and reinforces its role in shaping the future of personal finance in the UAE. With a fully digital onboarding process and no hidden requirements, the NEO PLUS Saver Account is built for growth-minded individuals who want to make their money work harder – all from their smartphone.
