Refer your friends
and be rewarded

Terms and Conditions

• This is the Mashreq Gold Member Get Member campaign (“Campaign”) for existing client(s) of Mashreq Bank psc (“Mashreq”/“Bank”). • As part of the campaign, the client(s) will be granted a cash reward of AED 2,500 for successfully referring a New to Bank* (NTB) Mashreq Gold customer based on the below eligibility criteria.
  
  Mashreq Gold Qualifying Criteria
  
  • Monthly Salary Transfer of AED 50,000 or more (Minimum 3 consecutive Transfers) OR
  • Maintain an average balance of AED 500,000 or more in Current Account/Savings Account/Deposits/Investments
  • Customers can refer a maximum of 20 people in one year
  • Account to be funded within 2 Months following the month of account opening
  • The average balance will be calculated for 3 months following the month of initial funding
    OR
  • Takes a Home Loan/Mortgage of AED 2.5 Million or more.
    OR
    Take an insurance with an Annual Premium of AED 300,000 or more
    *Immediate family members i.e. Husband/Wife/Children are excluded from this campaign
• The cash reward will be credited one month after the above criteria has been achieved by the client who was referred
• Clients may be eligible for all and any other campaigns launched by the Bank.
• These Terms and Conditions are subject to change, addition or amendment, at any time, as per the discretion of the Bank.
• The Bank reserves the right to amend, cancel or change the Campaign at any time without any prior notification to the Client. Any such amendments or supplements shall be provided on Mashreq's website www.mashreqgold.com or will be notified via email to the registered email records (if any) with the Bank
• In case of a joint account, the account balances under the same client number will be eligible.
• Cash reward credit can be forfeited if the Bank has sufficient grounds to believe that the winner has violated any laws or regulations as applicable in UAE.
• Bank’s decision on computation, lapse, cancellation, forfeiture, credit, debit and re- instalment of cash reward shall be final, conclusive and binding on the Client.
• In no event shall Mashreq, any of its affiliates, or any of its officers, directors, employees or agents be liable or responsible for any loss, damage or expense arising out of or otherwise related to the Campaign. Mashreq does not offer or provide any warranties, or accept any responsibility or liability of any kind in respect of the Campaign and hereby disclaims any and all express or implied warranties with respect of the same.
• Mashreq shall not be in breach of its obligations or otherwise be liable to conduct the Campaign as a result of any Force Majeure Event. A Force Majeure Event in these terms and conditions, shall mean circumstances beyond the reasonable control of Mashreq including, amongst other things, acts of God, industrial disputes, acts and regulations of any governmental or authority in any jurisdiction. In such circumstances, Mashreq's obligations, if any, to the winner shall automatically stand discharged without the need to provide notice.
• These Terms and Conditions are governed by and construed in accordance with the laws of the United Arab Emirates and the Emirate of Dubai.
• Mashreq’s decision on all matters relating to the Campaign in case of any dispute shall be final and binding on all eligible Clients.
• The following individuals/entities shall not be eligible to participate in this Campaign: permanent and/or contract employees of the Bank and its group companies and their immediate family members.
• The Bank’s existing clients, who only have an account relationship, will be considered for this Campaign.
• These Terms and Conditions are only in relation with the Campaign, and does not in any way amend the Bank’s existing general account opening and card specific terms and conditions between the Bank and the Client. Notwithstanding anything contained herein, in the event there is any contradiction between these Terms and Conditions and existing general account opening and card specific terms and conditions, then these terms and conditions shall prevail specifically for the Campaign and terms of the existing account general and card specific terms and conditions for account opening shall prevail for account related matters.