Salary Transfer

Transfer your salary & get up to AED 2,500

Earn Joining Bonus based on your transferred salary

Applicable for accounts with first salary credited on or after 6th June 2024. For more details, visit Mashreq.com/mgsaltransfertnc.
Salary Band Bonus
AED 5,000-9,999 AED 200
AED 10,000-19,999 AED 500
AED 20,000-49,999 AED 1,000
AED 50,000 & above AED 2,500
The above bonus applies to all the customers holding the Mashreq Gold Account. Applicable for accounts with first salary credited on or before 5th June 2024. For more details, visit Mashreq.com/mgsaltransfertnc.
Monthly Salary
(AED)
Joining Bonus for
Online applications
Joining Bonus for
Non-Online applications
10,000-24,999 AED 500 AED 200
25,000-49,999 AED 1,000 AED 500
50,000 & above AED 2,000 AED 1,500
Online applications refer to accounts that are self-opened through here. Non-online applications refers to accounts that are opened using methods other than 'Online applications'.

Bonus across 6 months

The Joining Bonus is based on your first salary and will be credited across 6 equal monthly payments. The bonus will be reversed if no salary is transferred for 2 consecutive months (within 12 months of first transfer). Applicable for accounts with first salary credited after 5th June 2024.

Are you ready to apply?

Transparency

Still got questions?

You need to transfer a monthly salary of at least AED 5,000 to earn Mashreq Gold salary transfer cashback.
Total salary cashback amount will be based on the first salary deposited in your account and will be credited in equal monthly installments over a period of 6 months into your Mashreq Gold Account. Each installment will be credited within 90 days from the date of the salary transfer in the respective months. For example, if you start receiving your salary of AED 25,000 in your Mashreq Gold Account, you will be eligible for AED 1,000 salary cashback, and you will receive AED 166.67 (i.e. AED 1,000 divided by 6) in each of the 6 months (within 90 days of the receipt of the salary in your account in the respective month).
A salary transfer will only be recognised by Mashreq if it is credited to the account by the Customer’s employer registered in UAE using the correct channel and method recognised by the bank. A remittance, direct transfer, cash or cheque credit transaction by the Employer will not be considered as a salary transfer transaction and will lose the eligibility of any benefits defined under this offer. An erroneous salary transfer description could also result in the non-payment of the cash joining benefit.
Yes, you will be eligible for salary cashback under Mashreq Gold if you decide to transfer your salary to Mashreq Gold Account and receive a continuous salary credit of AED 5,000 or more on a monthly basis in your Mashreq Gold Account.
If the salary transferred is below AED 5,000 in a month, the customer will not be eligible for cashback in that month. However, in the subsequent months, when salary transferred is AED 5,000+, he/she will become eligible and will continue to receive salary cashback, based on the first salary calculation.
If your salary increases, you cannot claim a different cashback value during that month. Salary cashback is calculated based on your first salary transfer.
If salary is not transferred in a given month; the customer will not be eligible for cashback in that given month. However, during subsequent months, when salary is transferred (AED 5,000+) the customer will continue earning cashback, based on the first salary calculation.
If salary is not transferred in the Mashreq Gold Account for 2 months in a row, within 12 months of the first salary credit; all previous salary cashbacks will be clawed back, and the salary cashback amount credited by the bank shall be debited from the customer’s account.
You have a maximum of 7 months from the first month of eligible salary transfer.

Download Mashreq’s Mobile App