Benefits
- Earn profit payouts on the balance based on tiers.
- Instant account opening online for existing CBD customers.
- Profit is added to the account on a quarterly basis directly.
- No account maintenance charges
- Available only in AED currencies
- 3 debits per month free of charge.
- Check statements and balance online through Electronic banking services.
Fees & Charges
- Account Closure (Within one year)= AED 105
- Non-CBD ATM Transactions in UAE- Cash Withdrawal = AED 2
- Non- CBD Transactions in UAE – Balance Inquiry / Declined Transaction= AED 1.05
- Fee for using the ATM outside UAE and GCC = AED 20
Interest Rates
- Up to 1.5% profit rate based on the deposit slab
- AED 0 – AED 4,999 = 0%
- AED 5000 – AED 24,9990 = .25%
- AED 25,000 – AED 99,999 = 0.75%
- AED 100,000 – AED 999,999 = 1.00%
- AED 1,000,000 – AED 4,999,999 = 1.50%
- More than AED 5,000,000 = 0.10%
Documents Required
- Valid passport
- Emirates ID
- Residence Visa
Eligibility
- Should be a UAE National or a UAE resident.
- Minimum 18 years of age
Addition Information
- Free Phone banking and online banking.
- Free utility bill payment facility
- Free Salik recharge option
- Free Etisalat/du bill payment option