Savings Account Features
Account Details:
- Minimum Balance: AED 3,000.
- Eligibility: Available for children and joint applicants.
- Debit Card: Free international debit card.
- Currency: Accounts can only be opened in AED.
- Interest: Paid monthly.
- Withdrawals: Unlimited.
Interest Rates Based on Deposit Amount:
- Less than AED 300,000: 1.75%
- AED 300,000 to AED 500,000: 2.50%
- AED 500,000 to AED 2,000,000: 3.00%
- AED 2,000,000 to AED 5,000,000: 3.25%
- AED 5,000,000 to AED 10,000,000: 3.52%
- AED 10,000,000 and above: 0.55%
Interest rates are based on the daily balance.
Required Documents:
- For All Applicants:
- Original passport (valid for at least 1 month).
- Valid Emirates ID.
- Valid visa for expatriates.
- Proof of address (e.g., bank statement, utility bill, letter of employment, or tenancy agreement).
- For Children’s Applications:
- Birth certificate or passport of the child.
Open your savings account today and enjoy competitive interest rates, unlimited withdrawals, and the convenience of a free international debit card.