
UAE Nationals Eligible | Yes |
Expatriates Eligible | Yes |
Non-Residents Eligible | Yes |
Minimum Age | 0 Years |
Maximum Age | 18 Years |
Flat Interest Rate | - Up to 1.00% p.a. credited half-yearly. Minimum balance of AED 500. Five free withdrawals yearly; further withdrawals charged AED 25 each. |
Interest Payment Frequency | Half-yearly |
Islamic Banking | No |
Minimum Balance Requirement | AED 500.00 |
Below Minimum Fee | AED 0.00 |
Early Closure Fee | AED 0.00 |
Supported Currencies | AED |
Negative Balance Interest | 0.00% |
Prize Draw | No |
Cashback Rewards | No |
Lounge Access | No |
Requires Regular Deposits | Yes |
Regular Deposits Details | Minimum monthly contribution of AED 200. Available for children up to age 18. |
Joint Account Allowed | No |
Minor Allowed | Yes |
savings_accounts.can_open_online | No |
Mobile Banking | No |
Debit Card | No |
Cheque Book | No |
24/7 Support | Yes |
Sustainability Incentives | No |
Goal-Based Savings | No |