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Instantly Get Your Bank Account Opened in Dubai, UAE

Open your bank account in Dubai, UAE. Having a bank account is a fundamental aspect of managing personal finances. It offers numerous benefits that can help individuals keep their money safe, budget effectively, and access credit when needed.Additionally, it helps establish credit history, allows for savings and growth, and provides a safety net in case of emergencies. Therefore, having a bank account is highly recommended for anyone who wants to effectively manage their finances and achieve their financial goals. Read more

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Compare & Open Bank Accounts in Dubai, UAE

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(137 Results Found)

MINIMUM SALARY

AED 5000.00

MINIMUM BALANCE

AED 3000.00

MINIMUM DEPOSIT

AED 3000.00

  • Cheque Book
  • Credit Card
  • Debit Card
  • Mobile Banking App
  • Special Currency Transfer Rate
  • Upto AED 2500 cashback on salary transfer
  • Earn Salaam points on your debit card spend
  • Zero Account Maintenance fee with salary transfer
  • Fast and Easy remittance
  • First check book free

on MASHREQ Bank site

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM0.00

Interest/Return

0.00 %

Minimum Balance

AED 3000.00

Minimum Deposit

AED 3000.00

Monthly Min Balance Fee

AED 10.00

Features

  • Earn upto AED 2500 cashback with salary transfer as joining offer
  • AED 350 Early Bird Cashback (Cashback on Debiit card, Quick Remit, Insurance etc. transactions done within first 90 days
  • Monthly average balance of AED 3,000 or Debit card spends of AED 1,000 per month 
  • Minimum income of AED 5000 onlyAccess to global stock exchanges
  • Fast & easy remittances
  • Free first cheque book, 1AED per leaf from second check book onwards
  • Enjoy 1% p.a interest through MaxSaver
  • Invest in gold and foreign currencies

Joining Offers

AED 350 Early Bird Cashback (Cashback on Debiit card, Quick Remit, Insurance etc. transactions done within first 90 days

MINIMUM SALARY

AED 5000.00

MINIMUM BALANCE

AED 3000.00

MINIMUM DEPOSIT

AED 0.00

  • Debit Card
  • Internet Banking
  • Shariah Compliant
  • Quarterly Grand Cash Prize of AED 1 Million
  • Monthly Prize of a Mercedes EQS
  • Weekly cash Prize of AED 10,000
  • Free internationally recognized debit card

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM0.00

Interest/Return

0.10 %

Minimum Balance

AED 3000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 25.00

Features

  • Quarterly Grand Cash Prize of AED 1 Million
  • Monthly Prize of a Mercedes EQS
  • Every AED 5,000 saved gives you one chance for the monthly and quarterly grand prize
  • Every AED 1,000 saved gives you a chance to win the weekly cash prizes
  • Weekly Cash Prize of AED 10,000

Click here for the terms of the offer.

MINIMUM SALARY

AED 0.00

MINIMUM BALANCE

AED 0.00

MINIMUM DEPOSIT

AED 0.00

  • Cheque Book
  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • Free FAB Mastercard debit card
  • First cheque book free
  • Free lounge access at selected airports

on First Abu Dhabi Bank (FAB) site

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 2.00

Transaction Charges Abroad

ATM2.00

Non-Bank ATM21.00

Interest/Return

0.00 %

Minimum Balance

AED 0.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 0.00

Features

  • Free FAB Mastercard debit card
  • First cheque book free
  • Free lounge access at selected airports for FAB Platinum Mastercard debit card holders

MINIMUM SALARY

AED 5000.00

MINIMUM BALANCE

AED 0.00

MINIMUM DEPOSIT

AED 0.00

  • Cheque Book
  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • Receive upto AED 350 cashback when salary is transferred
  • Zero minimum balance maintenance requirements
  • Unmatched rewards on Debit Card with 1% cashback
  • Open your account on mobile app with Emirates ID
  • Free banking with Al Masraf fees waived ( T&C apply)

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 2.00

Transaction Charges Abroad

ATM2.00

Non-Bank ATM20.00

Interest/Return

0.00 %

Minimum Balance

AED 0.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 25.00

Features

  • Available in AED, USD, EUR & GBP
  • Free transfer of funds internationally
  • Free Teller Transactions
  • Free Online Banking Channels
  • Free Phone Banking
  • Free ATM/Debit Card
  • Free Monthly/Quarterly Statements
  • Zero minimum balance maintenance requirements
  • Free banking with all fees waived

Reward/Deposit Features

Unmatched rewards on Debit Card with 1% cashback on purchases

MINIMUM SALARY

AED 5000.00

MINIMUM BALANCE

AED 3000.00

MINIMUM DEPOSIT

AED 0.00

  • Cheque Book
  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • No min.balance fee for salary transfer of AED 5,000 & above
  • Benefits such as Free HSBC Entertainer App, Air Miles Reward
  • Up to 10% off British Airways airfares
  • Buy 1 Get 1 Free' movie offers
  • Fee-free international money transfers on INR, PKR, EGP, PHP

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM20.00

Interest/Return

0.00 %

Minimum Balance

AED 3000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 0.00

Features

  • No minimum balance fee for salary transfer of AED 5,000 and above
  • Buy 1 Get 1 Free' movie offers covering 2D, 3D, 4D and other premium experiences across UAE.
  • Fee-free cash withdrawals at any bank ATM in the UAE
  • Fee-free international money transfers on INR, PKR, EGP, PHP
  • Fee free Overdraft up to 2 salary multiple or AED 30,000 (whichever is lower) with no fees, and no interest on the first AED 500
  • One free balance enquiry at any bank ATM
  • Choice between AED, USD, GBP and Chinese Renminbi account currencies
  • Daily cash withdrawal limit of up to AED 8,000 at HSBC UAE ATMs
  • A free international Visa Debit Card accepted at over 25 million outlets worldwide, giving you access to your accounts at over 1 million ATMs around the world
  • Utility bill payments through online and mobile banking
  • Up to 10% off British Airways airfares when you book with your HSBC Personal Banking Debit Card
  • Complimentary HSBC ENTERTAINER app, along with hundreds of offers from the I Love Dining programme. Enjoy airport dining offers at over 200+ locations globally with the Dragon Pass Dine & Travel programme. Terms and conditions apply.

Reward/Deposit Features

Earn 1 Air Mile for every AED 4 spend on your card and redeem for flights, hotels and retail vouchers.

MINIMUM SALARY

AED 0.00

MINIMUM BALANCE

AED 0.00

MINIMUM DEPOSIT

AED 250000.00

  • Best in market interest rates
  • Available in multiple currencies -AED, BHD, USD, GBP & EUR
  • Flexibility of term – 1, 2, 3, 6, 9 and 12 months

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM0.00

Interest/Return

0.00 %

Minimum Balance

AED 0.00

Minimum Deposit

AED 250000.00

Monthly Min Balance Fee

AED 0.00

Features

  • Best in market interest rates
  • Available in multiple currencies -AED, BHD, USD, GBP & EUR
  • Flexibility of term – 1, 2, 3, 6, 9 and 12 months
  • These deposits are available for Corporates starting from a minimum of AED 1 Million or equivalent in USD and AED 250,000 or equivalent in USD

Reward/Deposit Features

Below are the deposit rates as of 1st May 2023

AED Deposit rates per annum

For AED 3 Million deposit value, 4.67% for corporate or individual customers
For AED 6 Million deposit value, 4.81% for corporate or individual customers
For AED 12 Million deposit value, 4.80% for corporate or individual customers

 

AED Deposit rates per annum

For USD 3 Million deposit value, 4.83% for corporate or individual customers
For USD 6 Million deposit value, 4.89% for corporate or individual customers
For USD 12 Million deposit value, 4.80% for corporate or individual customers

 

Corporate: Deposit value starting at AED1Million (eqv for USD)
Individual: Deposit value starting at AED250,000 (eqv for USD)

Above rates are as of 1st May 2023. These are subject to change and customers are requested to always refer to the bank for the final rates while opening the deposits. Soulwallet provides the rates as of a specific date on a best effort basis and these should always be verified with the bank prior to opening accounts.

MINIMUM SALARY

AED 15000.00

MINIMUM BALANCE

AED 100000.00

MINIMUM DEPOSIT

AED 0.00

  • Cheque Book
  • Credit Card
  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • Get up to AED 2,100 cashback as joining bonus
  • Free instant fund transfers with competitive rates
  • Current account available in multiple currencies
  • Overdraft access of up to 1 x your salary or AED 50,000

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM20.00

Interest/Return

0.00 %

Minimum Balance

AED 100000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 0.00

Features

  • No charges for cash withdrawals at any bank ATM acrooss the UAE and GCC
  • Preferential rates on personal loans
  • Free instant international fund transfers through online and mobile banking 
  • Free global emergency cash up to USD 10,000 from any HSBC branch abroad in case you lose your wallet while travelling abroad
  • 50% discount on processing fee for international HSBC account opening
  • Current account available in multiple currencies (AED, USD, GBP and EUR)
  • Fee free Overdraft up to 1 salary multiple or AED 50,000 (whichever is lower), the first AED 2000 being interest free.
  • Up to 10% off British Airways airfares when you book with your HSBC Advance Debit Card

Joining Offers

Get AED 1,500 when you open an Advance account.  You could also be eligible for up to AED 2,100 cashback 

  • Enjoy up to AED 600 cashback when you open a Max Rewards card today
  • Enjoy up to AED 600 cashback when you open a Cash+ card today
  • Enjoy up to AED 600 cashback when you open a Cashback card today

MINIMUM SALARY

AED 40000.00

MINIMUM BALANCE

AED 350000.00

MINIMUM DEPOSIT

AED 0.00

  • Cheque Book
  • Credit Card
  • Debit Card
  • Dedicated Relationship Manager
  • Internet Banking
  • Mobile Banking App
  • Get up to AED 2,350 cashback when you open an account
  • Preferential rates for mortgages, TDs and foreign exchange
  • Overdraft up to 1 salary multiple, or AED 30,000
  • Experience a premium bank account, with priority services
  • Automatic Premier status in 29 markets around the world

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM0.00

Interest/Return

0.00 %

Minimum Balance

AED 350000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 0.00

Features

  • Priority servicing, support and a Premier Debit Card accepted at over 25 million retail outlets worldwide and over 1 million ATMs
  • Dedicated Relationship Manager
  • Automatic Premier status in 29 markets around the world
  • Family Banking solutions covers your spouse and children, which means they too can have a Premier account of their own
  • Premier Children Savings account and a transactional account with a supplementary debit card for children above 14 years of age
  • Overdraft up to 2 salary multiples or AED 30,000 (whichever is lower) with no fees, and with no interest payable on the first AED 5,000
  • View all of your international accounts in one place, and make instant, no-fee transfers between them with a Global Money Account
  • A Current Account available in UAE Dirham, US Dollars, Euro and Pound Sterling
  • Transfer funds to 200 countries and regions in over 25 currencies including INR, PKR, EGP and PH with no fee
  • Preferential rates for loans, mortgages, savings and term deposits, as well as global money transfers
  • Free instant international fund transfers through online and mobile Banking 
  • Autopay and standing instructions
  • Free online banking, phone banking and SMS alerts - bank where and when it suits
  • Free cheque books - and if your cheque book is lost or stolen, use 'Stop Cheque'
  • Unlock Premier status across 29 markets, with a unique range of global services and solutions.
  • Be confident your finances are in good hands, with preferential rates and access to our expert wealth advisors
  • Look after those that mean the most, with savings solutions for your child and complimentary family travel insurance

Joining Offers

  • Get AED 1,500 when you open a Premier account
  • Get AED 250 when you open a Premier Family Banking Account for your spouse or child
  • You could also be eligible for up to AED 2,350 cashback

 Customers who open a Max Rewards, Cash+ or Cashback Card can get up to AED 600 welcome cashback

  • Enjoy up to AED 600 cashback when you open a Max Rewards card today
  • Enjoy up to AED 600 cashback when you open a Cash+ card today
  • Enjoy up to AED 600 cashback when you open a Cashback card today

MINIMUM SALARY

AED 0.00

MINIMUM BALANCE

AED 750000.00

MINIMUM DEPOSIT

AED 750000.00

  • Cheque Book
  • Credit Card
  • Debit Card
  • Dedicated Relationship Manager
  • Internet Banking
  • Mobile Banking App
  • Special Currency Transfer Rate
  • Get upto AED 16,000 upon maintaining balance for 90 days
  • Investment advisory, Asset allocation and Insurance planning
  • Onshore and Off-shore banking solutions
  • Complete, customized wealth management solutions

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM0.00

Interest/Return

0.00 %

Minimum Balance

AED 750000.00

Minimum Deposit

AED 750000.00

Monthly Min Balance Fee

AED 0.00

Features

  • Take advantage of global wealth building opportunities with the help of the Citigold Client Advisory Group - your personal wealth management advisors.
  • Buy and sell equities, ETFs and bonds in a range of markets through our user-friendly e-Brokerage platform.
  • Keep an eye on all your local and overseas Citibanking relationships and investments with a Global View of Accounts.

Joining Offers

Join Citigold and get up to AED 16,000 upon maintaining your initial funding balance for 90 days, and meeting the investment or insurance criteria.


Reward/Deposit Features

Funding Reward:
Citigold: AED 4,000- Open and fund a Citigold Account with a minimum of USD 200,000 within 90 days of account opening date and maintain a total relationship balance at or above USD 200,000 for all times.
Citigold Private Client:AED 10,000- Open and fund a Citigold Private Account with a minimum of USD 10,00,000 within 90 days of account opening date and maintain a total relationship balance at or above USD 10,00,000 for all times.
Additional Reward:
AED 3,000 - Customer must be an active Citibank UAE Primary Credit Card holder at the time of opening a Citigold or Citigold Private account
Bonus Reward:
AED 2,500 - Customer must have qualified for the funding reward and in addition , purchased a total of atleast USD 10,000 worth of investments or life insurance products by the end of the funding period
Profiling and Mutual fund Account Opening Reward:
AED 500 - Open a Citigold or a Citigold Private account,  Open a Mutual fund account and  complete investor profiling.

Terms related to which customers are eligible for this offer:

1. Customers that have closed any Citibank account where they were a single or joint account holder within 12 months immediately preceding the date of opening the new Citigold/Citigold Private Client Account are not eligible for the reward
2. For joint accounts, only one reward will be given to the Primary Account Holder
3. This offer is applicable only for UAE residents
4. Offer is NOT applicable for US persons
5. Offer is NOT applicable for Citibank staff (Including Non-Employees)

Terms related to what eligible customers must do to qualify for this offer:
6. The Campaign is valid for all new customers who open Citigold (CG) /Citigold Private Client (CPC) relationship bank accounts from September 1st 2023 to December 31st 2023.
7. Initial Funding: Once a CG account is opened, the customer must have Total Relationship Balance of USD 200,000 (or equivalent in other currencies) or more in their CG relationship within 90 days of opening the bank account. Likewise, the customer must have Total Relationship Balance of USD 1,000,000 (or equivalent in other currencies) or more under CPC relationship, within 90 days of opening the bank account. Total Relationship Balance is the sum of balance in deposits, investments (clients equity only, leverage component not included) or insurance policy values.
8. In order for a customer to qualify for CG Funding Reward, once initial funding has taken place, customer must maintain their relationship balance of USD 200,000 (or equivalent in other currencies) or more in their CG relationship for a period for 90 consecutive days at all times. Likewise, for a customer to qualify for CPC Funding Reward, once initial funding has taken place, customer must maintain their relationship balance of USD 1,000,000 (or equivalent in other currencies) or more in their CPC relationship for a period of 90 consecutive days at all times. The 90 consecutive days in which customer maintains required Total Relationship Balance is defined as Funding Period. For the avoidance of doubt, the Funding Period has to start no later than 90 days from account opening date. For the purpose of calculating reward, the lowest daily balance maintained for the 90 days will be taken
9.Funds transferred from Citibank UAE accounts will NOT be counted towards TRB calculation for offer fulfilment. Any funds that a customer received from another Citibank UAE account will be deducted from the TRB calculation for Funding Offer reward. For example, if a customer opened an account in September 1st, 2023, funded the account on January 10th, 2023 and maintained a TRB of $250,000 until April 10th, 2023, BUT $150,000 of the $250,000 came from a transfer from another Citibank UAE account, the customer’s TRB would be calculated to be only $100,000 and the customer would NOT qualify for the offer.
10. To earn the Bonus Reward, the customer must qualify for Funding Reward as mentioned in above clauses, and additionally have purchased at least $10,000 worth of investment products or life insurance products by the end of the Funding Period.
11. The account should be in good standing at the time of reward credit
12. Customer qualifying under this offer cannot concurrently qualify under any other offer related to CG/CPC account relationship.

Other Terms related to this offer:

13. The Funding and Bonus Rewards would be credited to customer’s bank account within 30 working days of customer fulfilling the qualification criteria
14. Citibank reserves the right to change / modify the campaign anytime
15. Citibank Terms and Conditions apply which can be read at https://www.citibank.ae/TnC . They are subject to change and are available upon request
16. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. UAE
17. In no event shall Citibank, any of its affiliates, or any of their officers, directors, employees or agents be liable for any loss, damage or expense arising out of or otherwise related to this offer
18. By inquiring about our services, offers or products, the customer will be authorizing our representatives to approach on contact details including the telephone/mobile number
19. If the required balance is not maintained (For Citigold USD 200,000 and/or Citigold Private Client USD 1,000,000) for 4 months, the account may be closed or downgraded by Citibank in compliance with the applicable terms and conditions
20. The products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals
21. The Consumer has the right to acquire separately one of proposed bundled Products and or Services and forgo the favourable terms

Offer Terms and Conditions (for Investment Account Opening & Profiling & Reward):


1. The offer is valid for all new customers who open Citigold (CG) /Citigold Private Client (CPC) relationship bank accounts during the period from September1st 2023 to December 31st 2023. (both dates included) (“Offer Period”).
2. Customers are eligible to receive AED 500 cashback on their retail account if they open a new Mutual Fund Account or Securities Brokerage Account with Citibank N.A. UAE and complete their investor profile during the Offer Period and have Knowledge and Experience in Mutual Funds category which is indicated and confirmed by them to Citibank N.A. UAE as part of the investor profile.
3. The offer will be at individual Customer Identification Number. If the customer opens more than one Mutual Fund Account with Citibank N.A. UAE under single or joint relationships, this offer is applicable only once per customer on the last opened Mutual Fund Account during the Offer Period
4. The cashback will be credited to the customer’s Citibank bank account on 15th of the subsequent month in which mutual fund account or Securities Brokerage Account was opened
5. Systematic Investment Plan (SIP) transactions are excluded from this offer.
6. Customers need to have an active Mutual Fund Account or Securities Brokerage Account with Citibank UAE, a valid investor profile, Knowledge and Experience in Mutual Funds category which is indicated and confirmed by them to Citibank at the time of us crediting the cash back to customer’s Citibank bank account
7. In addition to the above, General Terms & Conditions available on www.citibank.ae that governs the Mutual Fund Account, the Securities Brokerage Accounts and the Investment Services apply to this offer.
8. Customers are expected to have read and understood the above terms and conditions and the General Banking Terms & Conditions document available on www.citibank.ae at the time of signing the account opening documents
9. These terms and conditions are subject to any applicable laws and regulations, including any regulations governing the Mutual Fund Account or the Securities Brokerage Account.
10. The Consumer has the right to acquire separately one of proposed bundled Products and or Services and forgo the favourable terms

MINIMUM SALARY

AED 8000.00

MINIMUM BALANCE

AED 0.00

MINIMUM DEPOSIT

AED 0.00

  • Cheque Book
  • Credit Card
  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • A wide selection of travel and lifestyle credit cards
  • Get FAB Rewards equivalent of up to AED 10,000*
  • Enjoy market leading rates for Mortgages

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM0.00

Interest/Return

0.00 %

Minimum Balance

AED 0.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 0.00

Features

FAB  One Current Account Features

  • Free debit card with lifestyle benefits
  • Free lounge access at selected airports for FAB Mastercard debit cardholders
  • Four free cash withdrawals from any ATM in the UAE
  • FAB Rewards on account balances
  • Free cheque books
  • No minimum balance charges
  • Free international remittances

FAB isave Account Features

  • Up to 5.25% interest per year on new funds
  • No minimum balance requirement
  • No restriction on the number of withdrawals
  • Instant account opening through the FAB Mobile app

Credit Cards

  • Instant credit card opening through the FAB Mobile app
  • Travel, lifestyle, and cashback benefits
  • FAB Rewards, cashback in Al-Futtaim FAB Rewards, SHARE points or Etihad Guest Miles for every transaction
  • 0% Easy Payment Plans, Quick Cash, Balance Transfers

Personal Loans

  • Exclusive benefits for UAE Nationals
  • Interest rates starting from 4.59% per year
  • Loan amounts of up to AED 5 million
  • First instalment grace period up to 210 days
  • Exclusive benefits for expatriates
  • Interest rates starting from 5.24% per year
  • Loan amounts up to AED 2 million
  • First instalment grace period up to 120 day
  • The option of a non-Salary Transfer Personal Loan with competitive terms if your employer is not on FAB’s Approved List of Employers

Car Loans

  • Loans of up to AED 1.5 million or 80% of the car value
  • Exclusive Benefits for UAE Nationals
  • Competitive profit rates as low as 2.35% (equivalent to a reducing rate of 4.46%) per year
  • Exclusive Benefits for Expatriates
  • Competitive profit rates as low as 2.59% (equivalent to a reducing rate of 4.90%) per year

Home Loans

  • Own your own home with FAB’s range of mortgage options and rates starting from 3.99%.
  • Low down payments, high loan amounts, flexible rate options and helpful mortgage advisers
  • Up to 85% financing for first-time buyers
  • No approval-in-principle fee

*Offer valid for the new and selected existing customers only. Products need to be availed within 60 days .

Joining Offers

1) Earn your first round of FAB Rewards, equivalent up to AED 3,750.

  • By opening a FAB One Personal Current Account or Personal Current Account or FAB isave Account along with one of the below credit cards
  • FAB Rewards Signature, FAB Travel Visa Signature, Etihad Guest Signature, Blue FAB Signature Card by Al Futtaim, FAB Share Platinium or FAB Rewards Platinum Credit Card

2) Double your Bundle Rewards when you transfer your salary to FAB.

3) Earn additional FAB Rewards worth AED 2,500 with a Personal or Auto Loan or Home Loan of AED 50,000 or more.

Reward/Deposit Features

FAB One Current Account or Personal Current Account plus FAB iSave Account plus FAB credit card or plus FAB Personal Loan or FAB Auto Loan or FAB Home Loan - AED 3750 ( UAE Nationals) and AED 2500 ( Expats)

The above plus salary transfer to FAB - AED 3750 ( UAE Nationals) and AED 2500 ( Expats)

The above plus FAB Personal Loan or FAB Auto Loan or FAB Home Loan (in addition to the credit card) -AED  2500 for UAE Nationals / Expats

Bank Accounts Online in Dubai, UAE

Get your bank account opened online in Dubai, UAE as having a bank account is a fundamental aspect of managing personal finances. It offers numerous benefits that can help individuals keep their money safe, budget effectively, and access credit when needed. Additionally, it helps establish credit history, allows for savings and growth, and provides a safety net in case of emergencies. Therefore, having a bank account is highly recommended for anyone who wants to effectively manage their finances and achieve their financial goals.

Banking in UAE

The banking sector in the UAE is one of the most developed in the Middle East region, as one would expect from a major global financial hub. It is regulated by the Central Bank of the UAE, which is responsible for overseeing the financial sector and ensuring its stability. Banks in the UAE are quick to adopt new developments, such as blockchain and artificial intelligence. Expats living in the country naturally benefit from this proactive approach, with bank officials often visiting residents in their homes or offices to facilitate financial transactions.

The UAE has a diverse and highly developed banking sector, with a range of different types of banks to choose from. Whether you are an individual looking for basic banking services or a business in need of complex financial solutions, there is a bank in the UAE that can meet your needs. With its robust regulatory framework and advanced digital infrastructure, the UAE is an ideal location for banking and finance, attracting investors and businesses from around the world. There are several types of banks in the UAE, each with a different focus and target market.

The most common types of banks in the UAE are:

  • Commercial Banks: Commercial banks are the most common type of bank in the UAE. They offer a wide range of banking services to individuals and businesses, including savings and current accounts, loans, credit cards, and other financial products. Commercial banks in the UAE are highly regulated and are required to follow strict guidelines and standards.
  • Investment Banks: Investment banks specialize in providing financial advisory services to businesses and government entities. They help companies with mergers and acquisitions, corporate finance, and underwriting new securities offerings. Investment banks in the UAE also provide asset management services and offer investment advice to high-net-worth individuals.
  • Islamic Banks: Islamic banks operate in accordance with Islamic law, which prohibits the charging of interest on loans. Instead, they offer sharia-compliant financial products that are based on risk-sharing and profit-sharing principles. Islamic banks in the UAE offer a range of products, including savings accounts, home financing, and credit cards, among others.
  • Private Banks: Private banks offer personalized banking services to high-net-worth individuals, including wealth management, investment advice, and portfolio management services. Private banks in the UAE typically require a minimum deposit or investment, and their services are tailored to the specific needs of each client.
  • Foreign Banks: Foreign banks are banks that are headquartered outside of the UAE but have a presence in the country. They offer banking services to individuals and businesses, and their products are typically similar to those offered by local commercial banks. Foreign banks in the UAE are regulated by the Central Bank of the UAE and must follow the same rules and regulations as local banks.

Online Banking in the UAE

Online banking, also known as internet banking or e-banking, has become increasingly popular in the UAE in recent years. It offers customers the convenience of managing their finances from anywhere at any time, using their computer, smartphone, or tablet.

Most major banks in the UAE offer online banking services, allowing customers to access their accounts, view their balances, transfer funds, pay bills, and even apply for loans and credit cards online. Online banking is secure and typically requires a username and password, as well as additional security measures like two-factor authentication. Online banking in the UAE offers a range of benefits, including convenience, security, and 24/7 access to banking services. With the advanced digital infrastructure in the country and the widespread availability of online banking services, it is easier than ever for customers in the UAE to manage their finances online.

Bank Accounts Online in the UAE

There are several types of bank accounts that you can open online in the UAE, depending on your financial needs and goals. When choosing a bank account, it is important to compare the features, fees, and interest rates of different accounts to find the one that best meets your needs.

Some of the most common types of bank accounts available online in the UAE are:

  • Savings Accounts: Savings accounts are the most basic type of bank account and are used to deposit and withdraw money, earn interest, and save money for the future. Most banks in the UAE offer savings accounts with varying interest rates, minimum balances, and other features.
  • Current Accounts: Current accounts are designed for everyday banking transactions, such as paying bills and making purchases. They typically have higher fees and lower interest rates compared to savings accounts but offer more flexibility in terms of access to funds.
  • Fixed Deposit Accounts: Fixed deposit accounts are a type of savings account that requires you to deposit a fixed amount of money for a specific period, usually ranging from 1 month to 5 years. In exchange for locking in your funds, fixed deposit accounts offer higher interest rates than regular savings accounts.
  • Foreign Currency Accounts: Foreign currency accounts allow you to hold and manage funds in a foreign currency, such as US dollars or Euros. This type of account is useful if you frequently make international transactions or travel frequently.
  • Joint Accounts: Joint accounts allow two or more individuals to share a bank account, typically used for shared expenses such as household bills or joint savings goals.
  • Business Accounts: Business accounts are designed for companies and organizations to manage their finances, including receiving payments, making transactions, and managing cash flow.
Click here to compare and open bank accounts in Dubai.

In addition to these basic account types, some banks in the UAE also offer specialized accounts, such as salary transfer accounts, student accounts, senior citizen accounts, and accounts for high-net-worth individuals.

Banking Services in the UAE

The banking services in the UAE are diverse and cater to the different financial needs of individuals and businesses. With the advancements in technology and the availability of online and mobile banking services, banking in the UAE has become more accessible and convenient than ever before.

Some of the most common banking services available in the UAE:

  • Accounts: Banks in the UAE offer various types of accounts, including savings accounts, current accounts, foreign currency accounts, and fixed deposit accounts. These accounts provide customers with a safe place to store their money, earn interest, and access banking services.
  • Loans: Banks in the UAE offer different types of loans, including personal loans, car loans, home loans, and business loans. These loans provide customers with financial support to meet their different needs, such as buying a home, starting a business, or financing education.
  • Credit Cards: Banks in the UAE offer a wide range of credit cards that allow customers to make purchases and pay bills online and in-store. Credit cards often come with benefits such as cashback, reward points, and discounts.
  • Online Banking: Online banking services are widely available in the UAE, allowing customers to access their accounts, pay bills, transfer money, and manage their finances from anywhere with an internet connection.
  • Mobile Banking: Mobile banking apps are popular in the UAE and allow customers to access banking services from their mobile devices, such as smartphones and tablets.
  • Investments: Banks in the UAE offer a range of investment products, such as mutual funds, stocks, bonds, and other securities. These investments allow customers to grow their wealth and achieve their financial goals.
  • Insurance: Banks in the UAE also offer various types of insurance, such as life insurance, health insurance, and travel insurance, among others. These products provide customers with financial protection and peace of mind.

Opening a Bank Account Online in the UAE

Opening a bank account online in the UAE is a straightforward process, but the exact requirements and steps may vary depending on the bank and account type.

Here are the general steps to follow when opening a bank account in the UAE:

  • Choose a bank and account type: Research different banks in the UAE and the types of accounts they offer to determine which one best fits your needs.
  • Gather the required documents: The documents required to open a bank account in the UAE typically include a valid passport with residency visa, Emirates ID, proof of address (such as a utility bill), and sometimes a salary certificate.
  • Visit the bank branch: Visit the bank branch where you want to open an account and speak with a representative. They will guide you through the account opening process and help you fill out any necessary forms.
  • Complete the account opening process: Once you have provided all the required documents and information, the bank will process your application and open your account.
  • Activate your account:You may need to activate your account by making an initial deposit or completing other requirements, depending on the bank.
  • Receive your debit or credit card: Once your account is open and activated, you will receive your debit or credit card and other account information.

It is important to note that some banks in the UAE may require additional documents or information, and the account opening process may take longer for certain account types or individuals. It is always best to check with the bank directly for their specific requirements and procedures.

Top Bank Accounts Online in Dubai, UAE you can choose from:

MINIMUM SALARY

AED 50000.00

MINIMUM BALANCE

AED 0.00

MINIMUM DEPOSIT

AED 500000.00

  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • Multi-currency accounts with no minimum balance requirement
  • First international remittance free per month
  • Tiered interest rate savings account

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM0.00

Interest/Return

0.00 %

Minimum Balance

AED 0.00

Minimum Deposit

AED 500000.00

Monthly Min Balance Fee

AED 0.00

Features

  • Multi-currency accounts with no minimum balance requirement
  • Earn competitive interest rates
  • First international remittance free per month
  • Tiered interest rate savings account

MINIMUM SALARY

AED 10000.00

MINIMUM BALANCE

AED 0.00

MINIMUM DEPOSIT

AED 10000.00

  • Cheque Book
  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • No minimum balance requirement
  • Four free local fund transfers per month
  • One free international remittance per month
  • Earn 500 bonus Etihad Guest miles

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM2.00

Non-Bank ATM2.00

Interest/Return

0.00 %

Minimum Balance

AED 0.00

Minimum Deposit

AED 10000.00

Monthly Min Balance Fee

AED 0.00

Features

  • No minimum balance requirement
  • Four free local fund transfers per month
  • One free international remittance per month
  • First cheque book free
  • Earn 500 bonus Etihad Guest miles on the transfer of your first salary
  • Earn 1.5 Etihad Guest miles for every AED 1,000 on your average monthly balance

  • (Up to a maximum of 5,000 Etihad Guest miles per month)
  • Average balance for the month must be at least AED 10,000

THINGS TO BE AWARE OF

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MINIMUM SALARY

AED 0.00

MINIMUM BALANCE

AED 0.00

MINIMUM DEPOSIT

AED 0.00

  • Cheque Book
  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • No minimum Balance requirement
  • Earn 1,000 bonus Etihad Guest Miles
  • Four free local fund transfers per month
  • One free international remittance per month

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 2.00

Transaction Charges Abroad

ATM2.00

Non-Bank ATM2.00

Interest/Return

0.00 %

Minimum Balance

AED 0.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 0.00

Features

  • No minimum balance requirement
  • Four free local fund transfers per month
  • One free international remittance per month
  • First cheque book free upon account opening
  • Earn 1,000 bonus Etihad Guest Miles on your first salary transfer
  • Earn three Etihad Guest Miles for every AED 1,000 on your average monthly balance
  • (Up to a maximum of 5,000 Etihad Guest Miles per month)
  • Average balance for the month must be at least AED 10,000

MINIMUM SALARY

AED 10000.00

MINIMUM BALANCE

AED 0.00

MINIMUM DEPOSIT

AED 10000.00

  • Cheque Book
  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • No minimum balance charges
  • Special offers and discount from select premium retailers
  • Free Platinum Mastercard debit card
  • Free lounge access at selected airports

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 2.00

Transaction Charges Abroad

ATM2.00

Non-Bank ATM21.00

Interest/Return

0.00 %

Minimum Balance

AED 0.00

Minimum Deposit

AED 10000.00

Monthly Min Balance Fee

AED 0.00

Features

  • Open instantly with the FAB Mobile Banking app from the Apple App Store or from Google Play
  • No minimum balance charges
  • Earn FAB Stars on your purchases and redeem for any airline and any destination
  • Special offers and discount from select premium retailers in the UAE
  • Free Platinum Mastercard debit card
  • Free lounge access at selected airports for FAB Platinum Mastercard debit card

MINIMUM SALARY

AED 0.00

MINIMUM BALANCE

AED 3000.00

MINIMUM DEPOSIT

AED 0.00

  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • Competitive interest rates
  • Free Online Banking service
  • Monthly account statement
  • Available in Omani Riyals and major currencies

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM2.00

Non-Bank ATM21.00

Interest/Return

0.00 %

Minimum Balance

AED 3000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 25.00

Features

  • Available in Omani Riyals and major currencies
  • Competitive interest rates
  • Free Online Banking service
  • Toll free contact facility
  • Monthly account statement

MINIMUM SALARY

AED 0.00

MINIMUM BALANCE

AED 0.00

MINIMUM DEPOSIT

AED 0.00

  • Cheque Book
  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • Free FAB Mastercard debit card
  • First cheque book free
  • Free lounge access at selected airports

on First Abu Dhabi Bank (FAB) site

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 2.00

Transaction Charges Abroad

ATM2.00

Non-Bank ATM21.00

Interest/Return

0.00 %

Minimum Balance

AED 0.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 0.00

Features

  • Free FAB Mastercard debit card
  • First cheque book free
  • Free lounge access at selected airports for FAB Platinum Mastercard debit card holders

MINIMUM SALARY

AED 0.00

MINIMUM BALANCE

AED 3000.00

MINIMUM DEPOSIT

AED 0.00

  • Cheque Book
  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • Earn interest rates on your account
  • Free FAB Mastercard debit card
  • Complimentary airport lounge access with no prior booking

on First Abu Dhabi Bank (FAB) site

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 2.00

Transaction Charges Abroad

ATM2.00

Non-Bank ATM21.00

Interest/Return

0.00 %

Minimum Balance

AED 3000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 25.00

Features

  • Available in Dirham and other major currencies
  • Earn interest rates on your account (subject to existing rates)
  • Minimum monthly average balance requirement, AED 3000 or equivalent
  • Free FAB Mastercard debit card
  • Complimentary airport lounge access with no prior booking, simply show your FAB Platinum Mastercard debit card

MINIMUM SALARY

AED 0.00

MINIMUM BALANCE

AED 3000.00

MINIMUM DEPOSIT

AED 0.00

  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • Free international debit card
  • Interest paid monthly

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 2.00

Transaction Charges Abroad

ATM2.00

Non-Bank ATM20.00

Interest/Return

1.75 %

Minimum Balance

AED 3000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 25.00

Features

  • Minimum AED 3,000 balance savings account
  • Available to children and joint applicants as well
  • Free international debit card
  • Accounts can only be opened in AED
  • Interest paid monthly
  • Unlimited withdrawals.

MINIMUM SALARY

AED 0.00

MINIMUM BALANCE

AED 1000.00

MINIMUM DEPOSIT

AED 0.00

  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • 0.25% interest paid semi-annually
  • Available in major currencies including AED, USD, EUR & GBP
  • Free international debit card

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 2.00

Transaction Charges Abroad

ATM2.00

Non-Bank ATM20.00

Interest/Return

0.25 %

Minimum Balance

AED 1000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 25.00

Features

  • 0.25% interest paid semi-annually
  • Free international debit card
  • Available in major currencies including AED, USD, EUR & GBP
  • Access and manage your money anytime with free banking by ATM, online and by phone
  • Free monthly account statements
  • Minimum balance of AED 1,000 or equivalent to be maintained
  • Enjoy attractive remittance rates
  • Manage your money easily online or by phone.

MINIMUM SALARY

AED 5000.00

MINIMUM BALANCE

AED 0.00

MINIMUM DEPOSIT

AED 0.00

  • Cheque Book
  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • Receive upto AED 350 cashback when salary is transferred
  • Zero minimum balance maintenance requirements
  • Unmatched rewards on Debit Card with 1% cashback
  • Open your account on mobile app with Emirates ID
  • Free banking with Al Masraf fees waived ( T&C apply)

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 2.00

Transaction Charges Abroad

ATM2.00

Non-Bank ATM20.00

Interest/Return

0.00 %

Minimum Balance

AED 0.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 25.00

Features

  • Available in AED, USD, EUR & GBP
  • Free transfer of funds internationally
  • Free Teller Transactions
  • Free Online Banking Channels
  • Free Phone Banking
  • Free ATM/Debit Card
  • Free Monthly/Quarterly Statements
  • Zero minimum balance maintenance requirements
  • Free banking with all fees waived

Reward/Deposit Features

Unmatched rewards on Debit Card with 1% cashback on purchases

MINIMUM SALARY

AED 5000.00

MINIMUM BALANCE

AED 0.00

MINIMUM DEPOSIT

AED 0.00

  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • Free banking with Al Masraf fees waived (T&Cs apply)
  • Zero minimum balance maintenance requirements
  • Open account digitally through Al Masraf mobile app
  • Unmatched rewards on Debit Card with 1% cashback on purchase
  • Free transfer of funds internationally

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 2.00

Transaction Charges Abroad

ATM2.00

Non-Bank ATM20.00

Interest/Return

0.00 %

Minimum Balance

AED 0.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 25.00

Features

  • Free banking with Al Masraf fees waived (T&Cs apply)
  • Enjoy attractive interest rates
  • No minimum balance requirement
  • Free online banking channels
  • Free phone banking
  • Free ATM/Debit card
  • Unmatched rewards on Debit Card with 1% cashback on purchase
  • Free transfer of funds internationally

Joining Offers

Free banking with Al Masraf fees waived (T&Cs apply)

Reward/Deposit Features

Unmatched rewards on Debit Card with 1% cashback on purchases

MINIMUM SALARY

AED 0.00

MINIMUM BALANCE

AED 3000.00

MINIMUM DEPOSIT

AED 0.00

  • Cheque Book
  • Debit Card
  • Free Islamic debit card
  • Available in AED and other major currencies

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 2.00

Transaction Charges Abroad

ATM2.00

Non-Bank ATM21.00

Interest/Return

0.00 %

Minimum Balance

AED 3000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 26.00

Features

  • Free Islamic debit card
  • First cheque book free
  • Free statement of account every month
  • Islamic temporary overdraft facility*
  • Available in AED and other major currencies
  • Cash withdrawals from any ATM displaying the UAE/GCC Switch logos throughout the GCC and at ATMs worldwide displaying Mastercard/Cirrus logo
  • Airport lounge access across the region 

MINIMUM SALARY

AED 0.00

MINIMUM BALANCE

AED 3000.00

MINIMUM DEPOSIT

AED 0.00

  • Debit Card
  • Free Islamic debit card
  • Available in AED and other major currencies

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 2.00

Transaction Charges Abroad

ATM2.00

Non-Bank ATM21.00

Interest/Return

0.00 %

Minimum Balance

AED 3000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 26.00

Features

  • Free Islamic debit card
  • Low minimum balance requirements
  • Available in AED and other major currencies
  • Cash withdrawals from all ATMs displaying the UAE/GCC Switch logos throughout the GCC and at any ATM worldwide displaying the Mastercard/Cirrus logos
  • Airport lounge access across the region with no prior booking – simply show your Islamic debit card*.

MINIMUM SALARY

AED 5000.00

MINIMUM BALANCE

AED 3000.00

MINIMUM DEPOSIT

AED 0.00

  • Cheque Book
  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • No min.balance fee for salary transfer of AED 5,000 & above
  • Benefits such as Free HSBC Entertainer App, Air Miles Reward
  • Up to 10% off British Airways airfares
  • Buy 1 Get 1 Free' movie offers
  • Fee-free international money transfers on INR, PKR, EGP, PHP

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM20.00

Interest/Return

0.00 %

Minimum Balance

AED 3000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 0.00

Features

  • No minimum balance fee for salary transfer of AED 5,000 and above
  • Buy 1 Get 1 Free' movie offers covering 2D, 3D, 4D and other premium experiences across UAE.
  • Fee-free cash withdrawals at any bank ATM in the UAE
  • Fee-free international money transfers on INR, PKR, EGP, PHP
  • Fee free Overdraft up to 2 salary multiple or AED 30,000 (whichever is lower) with no fees, and no interest on the first AED 500
  • One free balance enquiry at any bank ATM
  • Choice between AED, USD, GBP and Chinese Renminbi account currencies
  • Daily cash withdrawal limit of up to AED 8,000 at HSBC UAE ATMs
  • A free international Visa Debit Card accepted at over 25 million outlets worldwide, giving you access to your accounts at over 1 million ATMs around the world
  • Utility bill payments through online and mobile banking
  • Up to 10% off British Airways airfares when you book with your HSBC Personal Banking Debit Card
  • Complimentary HSBC ENTERTAINER app, along with hundreds of offers from the I Love Dining programme. Enjoy airport dining offers at over 200+ locations globally with the Dragon Pass Dine & Travel programme. Terms and conditions apply.

Reward/Deposit Features

Earn 1 Air Mile for every AED 4 spend on your card and redeem for flights, hotels and retail vouchers.

MINIMUM SALARY

AED 15000.00

MINIMUM BALANCE

AED 100000.00

MINIMUM DEPOSIT

AED 0.00

  • Cheque Book
  • Credit Card
  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • Get up to AED 2,100 cashback as joining bonus
  • Free instant fund transfers with competitive rates
  • Current account available in multiple currencies
  • Overdraft access of up to 1 x your salary or AED 50,000

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM20.00

Interest/Return

0.00 %

Minimum Balance

AED 100000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 0.00

Features

  • No charges for cash withdrawals at any bank ATM acrooss the UAE and GCC
  • Preferential rates on personal loans
  • Free instant international fund transfers through online and mobile banking 
  • Free global emergency cash up to USD 10,000 from any HSBC branch abroad in case you lose your wallet while travelling abroad
  • 50% discount on processing fee for international HSBC account opening
  • Current account available in multiple currencies (AED, USD, GBP and EUR)
  • Fee free Overdraft up to 1 salary multiple or AED 50,000 (whichever is lower), the first AED 2000 being interest free.
  • Up to 10% off British Airways airfares when you book with your HSBC Advance Debit Card

Joining Offers

Get AED 1,500 when you open an Advance account.  You could also be eligible for up to AED 2,100 cashback 

  • Enjoy up to AED 600 cashback when you open a Max Rewards card today
  • Enjoy up to AED 600 cashback when you open a Cash+ card today
  • Enjoy up to AED 600 cashback when you open a Cashback card today

MINIMUM SALARY

AED 40000.00

MINIMUM BALANCE

AED 350000.00

MINIMUM DEPOSIT

AED 0.00

  • Cheque Book
  • Credit Card
  • Debit Card
  • Dedicated Relationship Manager
  • Internet Banking
  • Mobile Banking App
  • Get up to AED 2,350 cashback when you open an account
  • Preferential rates for mortgages, TDs and foreign exchange
  • Overdraft up to 1 salary multiple, or AED 30,000
  • Experience a premium bank account, with priority services
  • Automatic Premier status in 29 markets around the world

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM0.00

Interest/Return

0.00 %

Minimum Balance

AED 350000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 0.00

Features

  • Priority servicing, support and a Premier Debit Card accepted at over 25 million retail outlets worldwide and over 1 million ATMs
  • Dedicated Relationship Manager
  • Automatic Premier status in 29 markets around the world
  • Family Banking solutions covers your spouse and children, which means they too can have a Premier account of their own
  • Premier Children Savings account and a transactional account with a supplementary debit card for children above 14 years of age
  • Overdraft up to 2 salary multiples or AED 30,000 (whichever is lower) with no fees, and with no interest payable on the first AED 5,000
  • View all of your international accounts in one place, and make instant, no-fee transfers between them with a Global Money Account
  • A Current Account available in UAE Dirham, US Dollars, Euro and Pound Sterling
  • Transfer funds to 200 countries and regions in over 25 currencies including INR, PKR, EGP and PH with no fee
  • Preferential rates for loans, mortgages, savings and term deposits, as well as global money transfers
  • Free instant international fund transfers through online and mobile Banking 
  • Autopay and standing instructions
  • Free online banking, phone banking and SMS alerts - bank where and when it suits
  • Free cheque books - and if your cheque book is lost or stolen, use 'Stop Cheque'
  • Unlock Premier status across 29 markets, with a unique range of global services and solutions.
  • Be confident your finances are in good hands, with preferential rates and access to our expert wealth advisors
  • Look after those that mean the most, with savings solutions for your child and complimentary family travel insurance

Joining Offers

  • Get AED 1,500 when you open a Premier account
  • Get AED 250 when you open a Premier Family Banking Account for your spouse or child
  • You could also be eligible for up to AED 2,350 cashback

 Customers who open a Max Rewards, Cash+ or Cashback Card can get up to AED 600 welcome cashback

  • Enjoy up to AED 600 cashback when you open a Max Rewards card today
  • Enjoy up to AED 600 cashback when you open a Cash+ card today
  • Enjoy up to AED 600 cashback when you open a Cashback card today

MINIMUM SALARY

AED 0.00

MINIMUM BALANCE

AED 750000.00

MINIMUM DEPOSIT

AED 750000.00

  • Cheque Book
  • Credit Card
  • Debit Card
  • Dedicated Relationship Manager
  • Internet Banking
  • Mobile Banking App
  • Special Currency Transfer Rate
  • Get upto AED 16,000 upon maintaining balance for 90 days
  • Investment advisory, Asset allocation and Insurance planning
  • Onshore and Off-shore banking solutions
  • Complete, customized wealth management solutions

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM0.00

Interest/Return

0.00 %

Minimum Balance

AED 750000.00

Minimum Deposit

AED 750000.00

Monthly Min Balance Fee

AED 0.00

Features

  • Take advantage of global wealth building opportunities with the help of the Citigold Client Advisory Group - your personal wealth management advisors.
  • Buy and sell equities, ETFs and bonds in a range of markets through our user-friendly e-Brokerage platform.
  • Keep an eye on all your local and overseas Citibanking relationships and investments with a Global View of Accounts.

Joining Offers

Join Citigold and get up to AED 16,000 upon maintaining your initial funding balance for 90 days, and meeting the investment or insurance criteria.


Reward/Deposit Features

Funding Reward:
Citigold: AED 4,000- Open and fund a Citigold Account with a minimum of USD 200,000 within 90 days of account opening date and maintain a total relationship balance at or above USD 200,000 for all times.
Citigold Private Client:AED 10,000- Open and fund a Citigold Private Account with a minimum of USD 10,00,000 within 90 days of account opening date and maintain a total relationship balance at or above USD 10,00,000 for all times.
Additional Reward:
AED 3,000 - Customer must be an active Citibank UAE Primary Credit Card holder at the time of opening a Citigold or Citigold Private account
Bonus Reward:
AED 2,500 - Customer must have qualified for the funding reward and in addition , purchased a total of atleast USD 10,000 worth of investments or life insurance products by the end of the funding period
Profiling and Mutual fund Account Opening Reward:
AED 500 - Open a Citigold or a Citigold Private account,  Open a Mutual fund account and  complete investor profiling.

Terms related to which customers are eligible for this offer:

1. Customers that have closed any Citibank account where they were a single or joint account holder within 12 months immediately preceding the date of opening the new Citigold/Citigold Private Client Account are not eligible for the reward
2. For joint accounts, only one reward will be given to the Primary Account Holder
3. This offer is applicable only for UAE residents
4. Offer is NOT applicable for US persons
5. Offer is NOT applicable for Citibank staff (Including Non-Employees)

Terms related to what eligible customers must do to qualify for this offer:
6. The Campaign is valid for all new customers who open Citigold (CG) /Citigold Private Client (CPC) relationship bank accounts from September 1st 2023 to December 31st 2023.
7. Initial Funding: Once a CG account is opened, the customer must have Total Relationship Balance of USD 200,000 (or equivalent in other currencies) or more in their CG relationship within 90 days of opening the bank account. Likewise, the customer must have Total Relationship Balance of USD 1,000,000 (or equivalent in other currencies) or more under CPC relationship, within 90 days of opening the bank account. Total Relationship Balance is the sum of balance in deposits, investments (clients equity only, leverage component not included) or insurance policy values.
8. In order for a customer to qualify for CG Funding Reward, once initial funding has taken place, customer must maintain their relationship balance of USD 200,000 (or equivalent in other currencies) or more in their CG relationship for a period for 90 consecutive days at all times. Likewise, for a customer to qualify for CPC Funding Reward, once initial funding has taken place, customer must maintain their relationship balance of USD 1,000,000 (or equivalent in other currencies) or more in their CPC relationship for a period of 90 consecutive days at all times. The 90 consecutive days in which customer maintains required Total Relationship Balance is defined as Funding Period. For the avoidance of doubt, the Funding Period has to start no later than 90 days from account opening date. For the purpose of calculating reward, the lowest daily balance maintained for the 90 days will be taken
9.Funds transferred from Citibank UAE accounts will NOT be counted towards TRB calculation for offer fulfilment. Any funds that a customer received from another Citibank UAE account will be deducted from the TRB calculation for Funding Offer reward. For example, if a customer opened an account in September 1st, 2023, funded the account on January 10th, 2023 and maintained a TRB of $250,000 until April 10th, 2023, BUT $150,000 of the $250,000 came from a transfer from another Citibank UAE account, the customer’s TRB would be calculated to be only $100,000 and the customer would NOT qualify for the offer.
10. To earn the Bonus Reward, the customer must qualify for Funding Reward as mentioned in above clauses, and additionally have purchased at least $10,000 worth of investment products or life insurance products by the end of the Funding Period.
11. The account should be in good standing at the time of reward credit
12. Customer qualifying under this offer cannot concurrently qualify under any other offer related to CG/CPC account relationship.

Other Terms related to this offer:

13. The Funding and Bonus Rewards would be credited to customer’s bank account within 30 working days of customer fulfilling the qualification criteria
14. Citibank reserves the right to change / modify the campaign anytime
15. Citibank Terms and Conditions apply which can be read at https://www.citibank.ae/TnC . They are subject to change and are available upon request
16. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. UAE
17. In no event shall Citibank, any of its affiliates, or any of their officers, directors, employees or agents be liable for any loss, damage or expense arising out of or otherwise related to this offer
18. By inquiring about our services, offers or products, the customer will be authorizing our representatives to approach on contact details including the telephone/mobile number
19. If the required balance is not maintained (For Citigold USD 200,000 and/or Citigold Private Client USD 1,000,000) for 4 months, the account may be closed or downgraded by Citibank in compliance with the applicable terms and conditions
20. The products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals
21. The Consumer has the right to acquire separately one of proposed bundled Products and or Services and forgo the favourable terms

Offer Terms and Conditions (for Investment Account Opening & Profiling & Reward):


1. The offer is valid for all new customers who open Citigold (CG) /Citigold Private Client (CPC) relationship bank accounts during the period from September1st 2023 to December 31st 2023. (both dates included) (“Offer Period”).
2. Customers are eligible to receive AED 500 cashback on their retail account if they open a new Mutual Fund Account or Securities Brokerage Account with Citibank N.A. UAE and complete their investor profile during the Offer Period and have Knowledge and Experience in Mutual Funds category which is indicated and confirmed by them to Citibank N.A. UAE as part of the investor profile.
3. The offer will be at individual Customer Identification Number. If the customer opens more than one Mutual Fund Account with Citibank N.A. UAE under single or joint relationships, this offer is applicable only once per customer on the last opened Mutual Fund Account during the Offer Period
4. The cashback will be credited to the customer’s Citibank bank account on 15th of the subsequent month in which mutual fund account or Securities Brokerage Account was opened
5. Systematic Investment Plan (SIP) transactions are excluded from this offer.
6. Customers need to have an active Mutual Fund Account or Securities Brokerage Account with Citibank UAE, a valid investor profile, Knowledge and Experience in Mutual Funds category which is indicated and confirmed by them to Citibank at the time of us crediting the cash back to customer’s Citibank bank account
7. In addition to the above, General Terms & Conditions available on www.citibank.ae that governs the Mutual Fund Account, the Securities Brokerage Accounts and the Investment Services apply to this offer.
8. Customers are expected to have read and understood the above terms and conditions and the General Banking Terms & Conditions document available on www.citibank.ae at the time of signing the account opening documents
9. These terms and conditions are subject to any applicable laws and regulations, including any regulations governing the Mutual Fund Account or the Securities Brokerage Account.
10. The Consumer has the right to acquire separately one of proposed bundled Products and or Services and forgo the favourable terms

MINIMUM SALARY

AED 10000.00

MINIMUM BALANCE

AED 0.00

MINIMUM DEPOSIT

AED 0.00

  • Cheque Book
  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • Excellent joining bonus offers (earn up to AED 3,500)!
  • Earn Salaam reward points on spend
  • Complimentary international money transfer
  • Free debit card and cheque book
  • Instant online account approval

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 2.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM3.00

Interest/Return

0.00 %

Minimum Balance

AED 0.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 0.00

Features

  • Upto AED 2,000 joining bonus
  • Additional bonus points upto AED 1,500 (until 31st Dec)
  • Salaam points worth AED 25 for 5 online/mobile transactions monthly
  • Complimnetary international money transfer
  • Instant account opening online

MINIMUM SALARY

AED 3000.00

MINIMUM BALANCE

AED 0.00

MINIMUM DEPOSIT

AED 0.00

  • Cheque Book
  • Credit Card
  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • 2% per year on new funds deposited from 1 Feb to 30 Jun 2022
  • Instant account opening through the FAB Mobile app
  • Available in AED
  • No minimum balance requirement
  • No restrictions on the number of withdrawals

on First Abu Dhabi Bank (FAB) site

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 2.00

Transaction Charges Abroad

ATM2.00

Non-Bank ATM21.00

Interest/Return

1.30 %

Minimum Balance

AED 0.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 0.00

Features

iSave is an online account with the following features:

  • 2% per year on new funds deposited from 1 February to 30 June 2022
  • Instant account opening through the FAB Mobile app and Online Banking
  • Available in AED
  • No minimum balance requirement
  • No restrictions on the number of withdrawals

Band Balance Band Balance >AED 500,000 to AED 5,000,000 will earn upto 1.3% to 1.68% per year
Band Balance >AED 5000,000 will earn upto 1.68% and less

Reward/Deposit Features

Conditions 

  • Valid for individual customers with new funds only
  • Eligibility to be calculated on average monthly balance
  • 31 January 2022 to be considered the base balance
  • Any increment over the base balance at the customer level defined as new funds
  • Differential interest amount of 2% per year over the prevailing interest rate to be applied within 30 days of the campaign’s end date  for the campaign months
  • Existing funds subject to the prevailing interest rate (mentioned below), which is applied monthly

MINIMUM SALARY

AED 5000.00

MINIMUM BALANCE

AED 3000.00

MINIMUM DEPOSIT

AED 0.00

  • Cheque Book
  • Credit Card
  • Debit Card
  • Mobile Banking App
  • Special Currency Transfer Rate
  • Send money instantly to 30+ countries
  • International transfers to India and Pakistan free
  • Earn upto AED 2500 cashback on salary transfer
  • Earn 1.1% on deposit
  • With Mashreqpay earn 5% cashback

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 2.00

Transaction Charges Abroad

ATM20.00

Non-Bank ATM20.00

Interest/Return

1.10 %

Minimum Balance

AED 3000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 25.00

Features

Quick Remit:
Free transfers to India, Pakistan, instant transfer and 24/7 available

Instant loan:
Designed as an exclusive benefit for customers who use Neo as their Salary account. Mashreq Neo customers can now fast track their wish list with Neo Instant loans. To find your eligibility , Click on the menu button and then the loans button, post you log in to your Neo app.

Mashreq Millionaire:
Purchase Mashreq Millionaire Certificates to participate in our monthly and quarterly lucky draws. Each certificate is valued at only AED 1,000. The more you purchase, the better your chances of qualifying for all prizes, including the grand prize of AED 1,000,000!

Pay Bills
Etisalat, Du, DEWA, SEWA, Salik, school fees, international mobile connections and 100 other partners. Let us know and we will handle everything for you. No extra cost.

Joining Offers

Early Bird Cashback Offer for AED 350.
AED 35 - Purchase 3 Mashreq Millionaires Certificates +
AED 65 - Debit Card Spends AED 3000 +
AED 75 - Quick Remit of AED 3000 +
AED 75 - Motor Insurance AED 100 - Term Life or Critical Insurance Plan

Reward/Deposit Features

Cashback on purchases:

With MashreqPay get 5% cashback on all your spends each month. Simply tap your smartphone on the POS terminal during checkout to make contactless, cashless & secure payments in a jiffy. This service works at all NFC enabled Terminals in UAE and abroad across all android devices.

•Register your Mashreq Credit or Debit Card on MashreqPay and make 1 transaction to get your Joining Bonus of AED 25 guaranteed cashback.

•You are eligible for a 2% cashback of up to AED 50 for the first 10 transactions and an additional 5% cashback of up to AED 50 for more than 10 transactions in a calendar month.

•Opt in for free coupons from your favorite stores. You will get the coupons for redemption once you reach the required spends.

MINIMUM SALARY

AED 5000.00

MINIMUM BALANCE

AED 3000.00

MINIMUM DEPOSIT

AED 3000.00

  • Cheque Book
  • Credit Card
  • Debit Card
  • Mobile Banking App
  • Special Currency Transfer Rate
  • Upto AED 2500 cashback on salary transfer
  • Earn Salaam points on your debit card spend
  • Zero Account Maintenance fee with salary transfer
  • Fast and Easy remittance
  • First check book free

on MASHREQ Bank site

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM0.00

Interest/Return

0.00 %

Minimum Balance

AED 3000.00

Minimum Deposit

AED 3000.00

Monthly Min Balance Fee

AED 10.00

Features

  • Earn upto AED 2500 cashback with salary transfer as joining offer
  • AED 350 Early Bird Cashback (Cashback on Debiit card, Quick Remit, Insurance etc. transactions done within first 90 days
  • Monthly average balance of AED 3,000 or Debit card spends of AED 1,000 per month 
  • Minimum income of AED 5000 onlyAccess to global stock exchanges
  • Fast & easy remittances
  • Free first cheque book, 1AED per leaf from second check book onwards
  • Enjoy 1% p.a interest through MaxSaver
  • Invest in gold and foreign currencies

Joining Offers

AED 350 Early Bird Cashback (Cashback on Debiit card, Quick Remit, Insurance etc. transactions done within first 90 days