Mashreq NEO

Mashreqbank PSC digital brand. CBUAE. Not a separate digital-bank licence. Not Liv.

NeobankBusiness bankingactiveUnited Arab Emirates

Rate this app

7.3Solid
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Our take

Desk verdict

Mashreq NEO is Mashreqbank PSC. CBUAE. The deposit sits at Mashreq. NEO BIZ and the July 2026 NEO On Arrival visitor SKU are products, not a second charter. Liv is Emirates NBD. Wio is a digital bank. Three UAE objects. Directories call NEO a neobank because the letters are Latin. This desk writes Mashreqbank PSC.

Dubai incumbent, digital skin from 2019. Euromoney still hands Mashreq digital-bank trophies in 2026. Trophies are not a licence class. The CBUAE name is.

Mashreq NEO lists Digital brand of Mashreqbank PSC. Not a separate CBUAE digital-bank licence under Central Bank of the UAE in United Arab Emirates. On safeguarding we currently write: UAE bank-deposit protection follows Mashreqbank PSC as a CBUAE licensed bank. NEO is a brand — shared with other Mashreq deposits. Confirm the live scheme copy.. Holder / issuer line: Mashreqbank PSC. An AML programme is claimed. There is no IBAN-class local rail on the flags we store. We list 1 live markets on the product. As we score the sticker: monthly Digital SKUs including NEO BIZ — confirm live; FX Bank tariff; ATM Mashreq network. This desk would open it for: UAE residents and firms who want Mashreq in an app, not Emirates NBD’s Liv.

What it does well: Named CBUAE bank; NEO BIZ is still Mashreq; Visitor SKU is a 2026 product, not a second licence. What to watch: UAE-resident / visa; Shared cap with Mashreq; Fee schedule is bank-shaped. Desk score 7.3 / 10 (safety 8.2, fees 7.0, features 7.6, app 7.8). Last verified 2026-08-30. Headquartered in Dubai, United Arab Emirates; founded 2019. None of this is advice — it is a file so you can read the entity before the card colour.

Best for: UAE residents and firms who want Mashreq in an app, not Emirates NBD’s Liv.

Pros

  • +Named CBUAE bank
  • +NEO BIZ is still Mashreq
  • +Visitor SKU is a 2026 product, not a second licence
  • +Not a fintech with a mystery partner

Cons

  • UAE-resident / visa
  • Shared cap with Mashreq
  • Fee schedule is bank-shaped
  • Directories invent a startup charter

Account facts

Partner bank
Mashreqbank PSC

How it actually works

Custody
Bank balance
Local rails
In-app ledger
Built for
Personal · Business
Settlement
App-ledger instant; bank rails per corridor
Review risk
Bank-grade; still not freeze-proof
Pay surface
visa · physical · virtual · Apple Pay · Google Pay

Safety

UAE bank-deposit protection follows Mashreqbank PSC as a CBUAE licensed bank. NEO is a brand — shared with other Mashreq deposits. Confirm the live scheme copy.

Holder / issuer: Mashreqbank PSC

  • Central Bank of the UAEDigital brand of Mashreqbank PSC. Not a separate CBUAE digital-bank licence · United Arab Emirates

Fees

Monthly
Digital SKUs including NEO BIZ — confirm live
FX markup
Bank tariff
ATM
Mashreq network

Features

  • IBAN
  • Fee-free core
  • Multi-currency
  • Apple Pay
  • Google Pay
  • Virtual card
  • Physical card
  • Metal card
  • Crypto
  • Stocks
  • Business
  • Kids
  • Halal
  • AED digital current
  • NEO BIZ one-day KYB pitch
  • Visitor SKU (NEO On Arrival, 2026)
  • CBUAE via Mashreq
  • Not Liv

Score

Safety25%
8.2
Fees20%
7.0
Features15%
7.6
App15%
7.8
Global15%
5.4
Support10%
6.8

Change log

Full log
  1. Product

    NEO On Arrival visitor SKU

    Still Mashreqbank PSC. CBUAE. Not a separate digital-bank licence. Not Liv.

FAQ

01

Is Mashreq NEO a bank?

Mashreq NEO holds a banking-style licence (Central Bank of the UAE). Still read the legal entity on the statement, not the app icon.

02

How is money protected?

UAE bank-deposit protection follows Mashreqbank PSC as a CBUAE licensed bank. NEO is a brand — shared with other Mashreq deposits. Confirm the live scheme copy.

03

Where is Mashreq NEO available?

We list 1 market desk on the desk. Residency and onboarding rules still sit with Mashreq NEO.

04

Card and wallets?

visa · physical · virtual · Apple Pay · Google Pay

Ratings and reviews

No published user reviews yet. The desk score still comes from licence, fees, and the product — not from a empty star average.

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Stars plus a short note. We publish after a desk read. “Verified user” is our tick, not yours.

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