Step-Up Account

The Step-Up Account from Mashreq puts you in charge of your savings plans. The higher your balance, the higher the rate of interest it earns with the flexibility to conduct your transactions, pay bills or transfer funds while continuing to earn returns.

The benefits of the Step-Up account include:

• Flexibility and transaction capability of a regular account with the benefit of a high interest bearing capital guaranteed account. 
• Ability to withdraw or transfer your funds at any time  

The interest schedule for the Step-Up Account is based on deposit tiers

• 1.0% per annum for a balance between
  QAR 5,000 - QAR 14,999
• 1.50% per annum for a balance between
  QAR 15,000 - QAR 49,999
• 2.0% per annum for a balance between
  QAR 50,000 - QAR 249,999
• 3.00% per annum for a balance above
  QAR 250,000