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ADCB Islamic Child Saver Account

"ADCB Islamic Bank"

ADCB Islamic

Min. Salary

AED

Min. Balance

0 AED

Interest Rate

0%

Non Maintenance Fee

0 AED

Features

Free Debit Card
Internet Banking
Islamic Banking
Mobile Banking
Sharia Compliant
Zero Balance Account

ADCB Islamic Child Saver Account is a Sharia compliant account. Available for both UAE & Non-UAE residents. High profit on savings, earn & redeem TouchPoints. This account is for children.

Apply Now

Benefits

  • It is a Sharia Compliant Savings Account
  • Account can be opened by both Emiratis and expatriates
  • Earn profit from your savings, paid quarterly
  • Earn TouchPoints on your card spends
  • Avail higher profit rates on savings
  • Free e-Statements available
  • Access to mobile banking and internet banking
  • Available in AED only
  • When the child is 15 or older, he/she will be issued the own debit card

Fees & Charges

  • Account Closure = AED 105
  • Non-ADCB ATM Transactions in UAE- Cash Withdrawal = AED 2.10 per transaction
  • Non-ADCB ATM Transactions in UAE – Balance Inquiry / Declined Transaction= AED 2.10 per transaction
  • Usage fees at international ATM i.e outside UAE and GCC (Cash Withdrawal) = AED 21

Interest Rates

  • Nil

Documents Required

UAE Nationals and Residents:

  • A copy of the passport
  • Emirates identity card
  • Resident visa
  • Salary certificate of the applicant

Non Residents:

  • Copy of e-gate card and visit visa
  • Applicant’s three-month bank statement with the existing bank
  • Introduction letter from an existing ADCB customer

Eligibility

  • A guardian should open and run the account on behalf of the child
  • Earn TouchPoints with an average monthly balance of AED 10,000 or more

Addition Information

  • Open a savings account for your child
  • Earn TouchPoints on your spend with debit or credit card and when you invest through ADCB Islamic Banking
  • Redeem points with merchant partner outlets
Apply Now

Disclaimer: Information found on saverfox.com is provided for illustrative purposes only, rates are subject to change based on your personal circumstances. You should always speak to a trained professional before applying for any financial product

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