First Abu Dhabi Bank (FAB) Digital Accounts in Dubai, UAE

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FAB ISave Account

First Abu Dhabi Bank (FAB)

MINIMUM SALARY

AED 3000.00

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

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