
UAE Nationals Eligible | Yes |
Expatriates Eligible | Yes |
Non-Residents Eligible | No |
Minimum Age | 18 Years |
Flat Interest Rate | 0.50% - Interest of 0.5% p.a. on balances above AED 5,000. A monthly fee of AED 50 applies if no salary transfer or if balance < 10,000. |
Interest Payment Frequency | Monthly |
Islamic Banking | No |
Minimum Balance Requirement | AED 10,000.00 |
Below Minimum Fee | AED 50.00 |
Supported Currencies | AED |
Prize Draw | No |
Cashback Rewards | No |
Lounge Access | No |
Requires Regular Deposits | No |
Regular Deposits Details | Requires monthly salary transfer or maintaining AED 10,000 to avoid fees |
Joint Account Allowed | Yes |
Minor Allowed | No |
savings_accounts.can_open_online | Yes |
Required Documents |
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Mobile Banking | Yes |
Debit Card | Yes |
Cheque Book | Yes |
24/7 Support | Yes |
Sustainability Incentives | No |
Goal-Based Savings | No |