Family Savings Account

Emirates NBD

Conventional - Family Savings

Emirates NBD logo
UAE Nationals Eligible Yes
Expatriates Eligible No
Non-Residents Eligible No
Minimum Age 18 Years
Flat Interest Rate - For UAE Nationals only; higher rates (2%-2.75% p.a.) by pooling family balances.
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
Prize Draw No
Cashback Rewards No
Lounge Access No
Requires Regular Deposits No
Regular Deposits Details Designed specifically for Emirati families to share savings tiers
Joint Account Allowed Yes
Minor Allowed No
savings_accounts.can_open_online No
Required Documents
  • Emirates ID (for each family member)
  • Proof of Relationship (e.g., family book)
  • Proof of Address
  • Source of Funds
Mobile Banking Yes
Debit Card Yes
Cheque Book No
24/7 Support Yes
Sustainability Incentives No
Goal-Based Savings No

Other Savings Accounts