
UAE Nationals Eligible | Yes |
Expatriates Eligible | Yes |
Non-Residents Eligible | Yes |
Minimum Age | 18 Years |
Flat Interest Rate | 1.25% - Tiered monthly rates from 0.50% to 1.25%. If balance exceeds AED 5M, rate reverts to 0.50%. No interest if more than three debits per month. |
Interest Payment Frequency | Monthly |
Islamic Banking | No |
Minimum Balance Requirement | AED 0.00 |
Below Minimum Fee | AED 0.00 |
Early Closure Fee | AED 105.00 |
Supported Currencies | AED |
Max Withdrawals Per Month | 3 |
Prize Draw | No |
Cashback Rewards | No |
Lounge Access | No |
Requires Regular Deposits | No |
Regular Deposits Details | No monthly balance required; interest forfeited if over 3 debits in a month. |
Joint Account Allowed | Yes |
Minor Allowed | No |
savings_accounts.can_open_online | Yes |
Required Documents |
|
Mobile Banking | Yes |
Debit Card | No |
Cheque Book | No |
24/7 Support | Yes |
Sustainability Incentives | No |
Goal-Based Savings | No |