Benefits
- A complimentary debit card embedded with the latest chip & PIN security along with contactless payment technology.
- Free access to more than 10 VIP airport lounges in UAE, Egypt, KSA, Kuwait, and KSA.
- A complimentary cheque book on account opening.
- Earn Commercial Bank reward points on every AED spent from the account.
- Overdraft facility is available for individual accounts to meet unplanned expenses or any other emergencies.
- Transactions can be made in most major currencies.
- Free access to internet banking and mobile banking services.
Fees & Charges
- Account Closure (Within one year)= AED 105
- Non-CBD Bank ATM Transactions in UAE- Cash Withdrawal = AED 2 per transaction
- Non- CBD Bank Transactions in UAE – Balance Inquiry / Declined Transaction= AED 1.05 per transaction
- Fee for using the ATM outside UAE and GCC = AED 20 per transaction
Interest Rates
- Not Applicable
Documents Required
- A copy of valid identity proof
- A copy of valid residence document
- A copy of Emirates ID
- A duly filled and signed in account opening form
Eligibility
- Must be UAE resident or UAE national.
- The age of the applicant must be minimum 21 years.
Addition Information
- A minimum monthly balance of AED 5,000 needs to be maintained in the account.
- A ledger fee of AED 26.25 will be charged if the minimum balance is not maintained.
- The current account can be opened through CBD mobile app or by visiting any of the bank branches.
- Additional cheque books are issued at a nominal fee of AED 1.05 per leaf.
- Six free ATM transactions per month. A nominal fee of AED 10.50 per transaction will be charged from the 7th transaction onwards.
- The debit card can be used at all ATMs across the globe.
- Images of all the leaves in the cheque book will be available in online banking statements.
- A free personal financial management tool – Budget and Track tool to track expenses and to set budgets.