CURRENT ACCOUNTS IN UAE
Commercial Bank International – Current Account
Features:
Free Cheque Book, Free Credit/Debit Card, Multiple Currencies, Phone Banking
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Features:
- Free First Cheque Book: Receive your first cheque book at no charge.
- International Debit Card: Get a free debit card for use globally.
- Major Currencies: Available in AED, USD, EUR, and GBP.
- Overdraft Facility: Access overdraft services subject to eligibility.
- Banking Services: Free phone and online banking.
- Account Statements: Receive free monthly account statements.
- Minimum Balance Requirement: AED 3,000 or USD 1,000.
Supporting Documents:
- For UAE Nationals:
- Original Passport: Must have at least one month of validity.
- Valid Emirates ID: For identification purposes.
- Proof of Income: Salary Certificate or Salary Transfer Letter.
- Proof of Address: Bank Statement, Utility Bill, Tenancy Contract, or Salary Certificate/Transfer Letter.
- For Expatriates:
- Original Passport: Must have at least one month of validity.
- Valid Visa: For residency confirmation.
- Valid Emirates ID: For identification purposes.
- Proof of Income: Salary Certificate or Salary Transfer Letter.
- Proof of Address: Bank Statement, Utility Bill, Tenancy Contract, or Salary Certificate/Transfer Letter.
Minimum Deposit:
- To Open Account: AED 3,000 or USD 1,000.
Citigold
Features:
Multiple Currencies, Wealth management services
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1. Exciting Offers
- Travel Rewards: Enjoy exclusive travel benefits with the Citi Premier credit card.
- Dining Discounts: Access discounts at premium dining establishments.
- Movie Tickets: Get complimentary movie tickets as part of your card benefits.
2. Personalized Services
- Citigold Lounges: Exclusive access to Citigold lounges for a premium experience.
- Dedicated Helpline: Receive best-in-class service with a dedicated Citigold helpline.
3. Latest Market Updates
- Market Insights: Gain access to analyses of market developments and trends to make informed investment decisions.
4. Seamless International Transfers
- Global Transfers: Effortlessly transfer funds between Citi accounts worldwide.
5. Preferential FX Rates
- Competitive Rates: Benefit from competitive exchange rates and enjoy the convenience of cashless transactions.
6. Your World in One Wallet
- Global Wallet: Switch between 8 foreign currencies with Citibank Global Wallet, saving on currency conversion fees.
Account Opening Rewards
- Initial Funding Balance:
- USD 200,000 – 999,999:
- Reward: AED 4,000
- Additional Reward: AED 2,500 (Conditions apply)
- USD 1,000,000+:
- Reward: AED 10,000
- Additional Reward: AED 2,500 (Conditions apply)
- USD 200,000 – 999,999:
- Reward Qualification Criteria:
- Maintain the specified balance across Savings, Term Deposits, & Investments for 90 days post initial funding.
- Additional Reward Criteria:
- Meet one of the following conditions within 90 days from account opening:
- Specific conditions to be met (details not specified).
- Meet one of the following conditions within 90 days from account opening:
- Reward Pay-out Date:
- Cash rewards will be credited on the 15th of the subsequent month in which the mutual fund account was opened.
Arab Bank Current Account
Features:
Free Cheque Book, Multiple Currencies, Phone Banking
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Overview: The Arab Bank Current Account is designed for convenience and flexibility, offering a non-interest bearing account suitable for everyday transactions.
Features & Benefits:
- Cheque Book Facility: Available for account holders.
- Foreign Currency Account: Option to maintain accounts in various foreign currencies.
- Joint Account: Facility to open a joint account with another individual.
- Salary Account: Option to have a salary account.
- Free Services:
- Phone Banking: Available without additional charges.
- Online Banking: Access to online banking services for free.
- Free ATM Card: Visa Electron card provided for international use.
- International Network: Access to Arab Bank’s global network.
- Supplementary ATM Cards: Additional cards are provided free of charge.
- Bill Payment: Utility bills can be paid via Phone Banking and Online Banking.
Documents Required to Open an Account:
- Valid ID Card: Proof of identity.
- Document of Residency: Proof of residency in the UAE.
- Utility Bill: Recent utility bill to confirm address.
- Contract of Lease: Proof of residence (if applicable).
- Identification or Birth Certificate (for minors): Required for minor account holders.
Al Hilal Bank – Ahlan
Features:
Free Credit/Debit Card
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Overview: The Al Hilal Bank Ahlan Account is a Sharia-compliant savings account designed for digital banking. It offers a chance to win significant monthly prizes and provides attractive profit rates.
Benefits:
- Sharia Compliance: Fully adheres to Islamic banking principles.
- Monthly Prize Draw:
- AED 1 Million Monthly Prize: One lucky winner each month.
- 20 Monthly Prizes: Each prize is AED 1,000.
- Attractive Profit Rates: Competitive rates available in the market.
- Monthly Profit Distribution: Profits are calculated and distributed every month.
- No Fees:
- No ‘fall below’ fee.
- No additional fees or charges.
Eligibility for Prize Draw:
- Maintain Balance or Salary Transfer:
- Minimum Average Balance: AED 5,000.
- Salary Transfer: Transfer your salary to an Al Hilal Bank account.
- Additional Entries:
- Extra AED 5,000 Balance: Each additional AED 5,000 increases your draw entries.
- Salary Transfer Bonus: Transferring your salary to an Al Hilal current or savings account grants an additional entry. (Minimum eligible salary is AED 5,000 per month).
Al Hilal Bank – Current Account
Features:
Free Cheque Book, Islamic Banking, Multiple Currencies
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Features:
- Shariah Compliance: Fully compliant with Islamic banking principles.
- Thumb Impression Recognition: Advanced security feature for account access.
- Currency Options: Available in AED, USD, GBP, EUR, and CAD.
- Personalized Visa Debit Card: Customizable Visa Debit Card with instant issuance.
- Personalized Cheque Book: Free personalized cheque book with instant issuance.
- Free E-Statement: Receive electronic statements at no extra cost.
- Banking Facilities: Free access to Internet, Mobile, and SMS Banking.
- 24/7 Automated Banking Service: Round-the-clock access to automated banking services.
Al Hilal Bank – Salary Transfer Account
Features:
Free Cheque Book
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Features:
- Personalized Account Number: Customize your account number for convenience.
- Prize Draws:
- Chance to win AED 1 Million every month.
- 20 prizes of AED 1,000 each awarded monthly.
- No Initial Deposit or Minimum Balance: No requirement to maintain a minimum balance.
- Attractive Profit Rates: Competitive expected profit rates on savings accounts.
- Monthly Profit Calculation: Profits are calculated and distributed monthly.
- Shariah Compliance: Based on Mudarabah principles for savings accounts.
- Free Facilities:
- Online and Mobile Banking: Access your account anytime.
- E-Statements: Receive electronic statements at no extra cost.
- Shopping Card: Enjoy a free shopping card.
- First Cheque Book: Free first cheque book.
- ATM and Transfer Benefits:
- Two free ATM transactions per month on other networks within the UAE.
- Up to three free online transfers per month within the UAE.
- One free online international transfer per month (first year only).
Feel free to ask if you need more details or have any questions about these features.
ADIB – Ghina Salary Account
Features:
ATM Transfers, Free Cheque Book, Free Credit/Debit Card, Internet banking, Islamic Banking, Phone Banking
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The ADIB Ghina Salary Account offers a great way to earn rewards and potentially win big prizes while managing your salary. Here’s a summary:
Features:
- Salary Transfer: Transfer your salary to qualify for the Ghina prize draws.
- Draw Entries:
- Maintain an average monthly balance of AED 20,000 to get your first entry.
- Additional entries for every AED 20,000 in average monthly balance.
- A minimum of four entries required for the grand draw.
- Debit Card: Free ADIB Visa Electron Debit Card.
- Monthly Profits: Calculated and credited monthly.
- Banking Services: Access through ADIB Mobile Banking App, e-ADIB Internet Banking, Telephone Banking, and SMS Banking.
- Cheque Book: Free first cheque book; additional ones available for AED 25 each.
- Prize Draws:
- Grand Prize: AED 3 million every 4 months.
- Monthly Draws: AED 10,000 to 10 lucky winners each month.
Shari’a Compliance:
- Based on Mudaraba principles, where profits are shared and losses are borne as outlined in the Banking Service Agreement.
Eligibility:
- Salary Transfer: Minimum AED 8,000.
- Balance: Maintain an average monthly balance of AED 20,000 for Ghina draws.
- Documents Required:
- Original passport.
- Valid Emirates ID.
- Salary certificate showing a minimum salary of AED 8,000.
If you have any more questions or need further details, feel free to ask!
ADIB – Smartbanking
Features:
Free Credit/Debit Card, Islamic Banking, Islamic Finance
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ADIB Smart Banking Account Benefits:
- Salary Transfer Rewards: Win exciting prizes when you transfer your salary.
- Profit Earnings: Earn profit on your savings.
- SmartDeals: Access over 1,500 deals and discounts through the SmartDeals app.
- Free Transfers: One free domestic and international transfer per month.
- Prizes for Usage: Transfer your salary or maintain an average balance to enter a chance to win a MINI Cooper.
Eligibility:
Income-Based:
- UAE residents
- 18 years old & above
- Minimum monthly income of AED 5,000
- For personal use only
Non-Income Based:
- Housewives (with housewife visa status)
- Students (with Student ID, aged below 24)
- For personal use only
Required Documents:
- Original Passport
- Valid Emirates ID
- Valid UAE residence visa
Reference Documents:
- Banking Service Agreement
- Sukuk Murabaha Contract
Note: Monthly profit distribution rates may vary, and ADIB aims to distribute achieved profits based on your account balance.
Feel free to ask if you have any more questions or need further details!
ADIB – Priority Banking Gold
Features:
Dedicated Relationship Manager, Free Cash Withdrawals, Free Cheque Book, Free Credit/Debit Card, Internet banking, Islamic Banking, Islamic Finance, Priority access, Relationship Manager Services, Tailored Investment products
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ADIB Gold offers a premium banking experience with numerous benefits:
Features and Benefits:
- Dedicated Relationship Manager: Personalized financial advice and assistance.
- Priority Pass Airport Lounges: Access to exclusive lounges worldwide.
- Pre-approved Gold Credit Card: Automatic approval for a high-status credit card.
- Preferential Financing Rates: Lower rates on loans and other financing solutions.
ADIB Gold Visa Signature Debit Card:
- Daily Cash Withdrawal Limit: AED 25,000.
- Daily Purchase Limit: AED 100,000.
- Exclusive Privileges: Enhanced features tailored to an exclusive clientele.
- ADIB Dana Visa Signature Card: A variant for ladies with similar benefits.
ADIB Gold Cheque Book:
- Special Design: Available in AED currency for ADIB Gold account holders.
Bank in Luxury:
- ADIB Gold Centers: State-of-the-art facilities with financial market screens and complimentary internet access.
Eligibility Criteria:
- Minimum Deposit: AED 250,000.
- Minimum Salary: AED 40,000.
- Home Finance: AED 1,250,000 or more.
Feel free to ask if you need more details or if there’s anything else you’d like to know!
ADIB – Current Account
Features:
Free Cheque Book, Islamic Banking, Islamic Finance, Multiple Currencies
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ADIB Current Account Key Benefits
- Free Unlimited Teller Transactions: Access over 60 branches across the UAE, including Dana Women’s Banking Branches and Mall Branches with extended hours.
- Free ADIB Visa Debit Card: Use it to check balances, withdraw cash (with higher withdrawal limits), pay bills, and transfer funds.
- Free First Chequebook: Available in AED currency. Additional chequebooks can be obtained for AED 25 each.
- ADIB Mobile Banking App: Manage your account anytime, anywhere.
- Instant Overdraft Facility: Access additional cash with a minimum salary transfer of AED 8,000.
- Standing Instructions: Automatically manage regular payments on your chosen date.
- 24-Hour Banking Services: Includes e-ADIB Internet Banking, Telephone Banking, and SMS Banking.
- ADIB WebSecure: Ensures safe online shopping.
- Choice of Currency: AED, US Dollar, and GBP. Note: The ATM card is for use in AED currency only.
- Free e-Statements: Monthly e-statements delivered to your mailbox at no extra cost.
Shari’a Compliance
This account adheres to the Islamic principle of Qard Hasan, where your deposits are considered a non-profit bearing loan to ADIB. The bank is obliged to return the deposited amount upon request.
Required Documents
- Original Passport: For UAE Nationals & Residents. For joint accounts, all account holders must be present with their original passports.
- Valid Emirates ID: For UAE Nationals & Residents.
- Valid UAE Residence Visa: Applicable for expatriates.
- Minimum Salary: AED 5,000, as declared in the account opening form.
This account offers a comprehensive range of features and benefits tailored to provide flexibility and convenience while adhering to Shari’a principles.
FAB – ACCELERATOR
Features:
Cash Back
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Personalize Your Banking Experience with FAB Rewards
FAB Rewards: Rewarding in every way. Earn. Choose. Redeem. Repeat.
Get Started with FAB Accelerator
1. Create Account: Choose the type of account you would like to open.
2. Choose Credit Card: FAB Accelerator offers you a variety of credit cards to match your needs and lifestyle.
3. Choose Booster: FAB Accelerator offers three kinds of boosters, each with a unique set of benefits.
FAB Rewards Programmes:
1. First Reward Points: Earn points on your transactions which can be redeemed for a variety of rewards.
2. First Points: Accumulate points with every spend and enjoy exclusive rewards and offers.
3. First Cashback: Earn cashback on your purchases, making every spend more rewarding.
How to Get Started
- Create Account:
- Choose the type of account you would like to open.
- Follow the account opening process.
- Choose Credit Card:
- Select from a variety of FAB credit cards that best suit your financial needs and lifestyle preferences.
- Choose Booster:
- Select from three types of boosters, each designed to enhance your banking experience with unique benefits.
Key Benefits of FAB Accelerator
- Personalized Banking Experience: Tailor your banking experience according to your needs.
- Variety of Credit Cards: Choose from a wide range of credit cards with exclusive benefits.
- Unique Boosters: Enhance your banking experience with unique booster benefits.
Explore the all-new FAB Rewards and personalize your banking experience today.
FAB – One Account
Features:
Free Cash Withdrawals
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Account Features:
- No minimum balance charges.
- Earn FAB Rewards on your purchases and redeem for a reward of your choice.
- Special offers and discounts from select premium retailers in the UAE.
- Free Platinum Mastercard debit card.
- Free lounge access at selected airports for FAB Platinum Mastercard debit cardholders.
Eligibility:
- Applicant must be a resident of the UAE.
- Salaried customers: minimum monthly salary of AED 10,000.
- Non-salaried customers: minimum initial deposit of AED 10,000.
Required Documents:
- Completed account opening form.
- Copy of a valid passport/resident visa/Emirates ID (originals must also be presented).
- Proof of income.
- Note: Additional documents may be required on a case-by-case basis.
Debit Card Features:
- Free Platinum Mastercard debit card providing access to a range of shopping and lifestyle benefits.
- Four free cash withdrawals from any ATM in the UAE.
- Secure online shopping with One Time Password (OTP).
- Purchase protection on all debit card transactions up to 90 days from the date of purchase.
- Complimentary airport lounge access across the Middle East, simply show your Platinum Mastercard debit card.
FAB Rewards:
- Earn 40 FAB Rewards for every AED 100 you spend domestically or internationally.
- Earn 6 FAB Rewards for every AED 1,000 average account balance, up to a maximum of 80,000 FAB Rewards per month (a minimum average monthly balance of AED 10,000 is required).
- Enjoy instant redemption and choose from an extensive selection of rewards such as shopping, cashback, paying your utility bills, dining out, or booking your next holiday.
- Experience exclusive lifestyle rewards through the World Mastercard debit card. For details, please click here.
Debit Card Daily Limits:
- ATM cash withdrawal limit: AED 15,000.
- Retail purchase transaction limit: AED 40,000.
Terms and conditions apply.
FAB – Etihad Guest Elite Account
Features:
Airport Lounge Access
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Account Features:
- No minimum balance requirement.
- Four free local fund transfers per month.
- First international remittance free per month (only FAB charges are waived for remittance made from AED accounts).
- Free unlimited cheque books.
- 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.
Eligibility:
- The Total Relationship Balance (TRB) should be equivalent to AED 500,000 or above. (TRB = Current/savings/call account balance + fixed deposits + investments).
Required Documents:
- Completed account opening form.
- Proof of income.
- Original and copy of a valid passport/resident visa/Emirates ID.
- Note: Additional documents may be requested on a case-by-case basis.
Debit Card Benefits:
- The account comes with a free Etihad Guest Signature debit card, providing travel benefits and easy access to cash.
Welcome Bonus Etihad Guest Miles:
- Primary card: 750 joining miles (on your first purchase with the debit card).
Cash Withdrawals at ATM:
- Free and unlimited cash withdrawals at a FAB ATM in the UAE.
- Four free cash withdrawals per month at a non-FAB ATM in the UAE.
- Each month’s first cash withdrawal at any ATM outside the UAE will be free.
Earn Miles:
- Domestic transactions (local currency): Earn 2.5 miles for every AED 10 spent.
- International transactions (foreign currency): Earn three miles for every AED 10 spent.
- Etihad or Etihad Airways partners: Earn five miles for every AED 10 spent.
- Earn three miles for every AED 1,000 of average balance (average balance must be more than AED 10,000 per month).
Travel Benefits:
- Complimentary airport lounge access: Access to more than 650 airport lounges worldwide.
- 24/7 concierge service: Assists with a wide range of travel-related tasks.
Protection Benefits:
- Travel accident insurance: Up to USD 500,000 when you book your flight tickets using your Etihad Guest Signature debit card.
- Global purchase protection and extended warranty: For purchases made with your Etihad Guest Signature debit card.
- International medical and travel assistance: Complimentary service to make your trip memorable.
Debit Card Daily Limits:
- ATM cash withdrawal limit: AED 25,000.
- Retail purchase transaction limit: AED 75,000.
Terms and conditions apply.
FAB – Etihad Guest Account
Features:
Purchase Protection Program
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Account Features:
- No minimum balance requirement.
- Four free local fund transfers per month.
- First international remittance free per month (only FAB charges are waived for remittance made from AED accounts through SWIFT; no fee waiver on Instant Transfers).
- 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).
Eligibility:
- Applicant must be a resident of the UAE.
- Salaried customers: minimum monthly salary of AED 10,000.
- Non-salaried customers: minimum initial deposit of AED 10,000.
Required Documents:
- Completed account opening form.
- Copy of a valid passport/resident visa/Emirates ID (originals must also be presented).
- Proof of income.
- Note: Additional documents may be required on a case-by-case basis.
Debit Card Benefits:
- Your Etihad Guest Account comes with a free Etihad Guest Platinum debit card, offering travel benefits and easy access to cash.
- Earn Miles: Earn miles on purchases made with your Etihad Guest Platinum Debit Card.
- Protection Benefits: The debit card offers a range of protection benefits.
Debit Card Daily Limits:
- ATM cash withdrawal limit: AED 20,000.
- Retail purchase transaction limit: AED 40,000.
Terms and conditions apply.
FAB – Elite Current Account
Features:
Dedicated Relationship Manager
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Account Features:
- Multi-currency accounts with no minimum balance requirement.
- Free unlimited cheque books.
- First international remittance free per month (AED Accounts only, FAB charges only).
- Free Elite Gold Mastercard World debit card.
Eligibility:
- Total Relationship Balance (TRB) of AED 500,000.
- AED 2,500,000 Mortgage.
- AED 50,000 Salary Transfer.
- TRB = Current/savings/call account balance + fixed deposits + investments.
Required Documents:
- Completed account opening form.
- Copy of a valid passport/resident visa/Emirates ID (originals must also be presented).
- Proof of income.
- Note: Additional documents may be required on a case-by-case basis.
Debit Card Benefits:
- High daily ATM cash withdrawal (up to AED 25,000) and purchase limits (up to AED 75,000).
- Free cash withdrawals from any ATM in the UAE.
- Four free cash withdrawals per month from any ATM outside the UAE.
- Access to exclusive benefits and preferential treatment worldwide.
FAB Rewards:
- Earn 60 FAB Rewards for every AED 100 spent domestically and 120 FAB Rewards for every AED 100 spent internationally.
- Earn 8 FAB Rewards for every AED 1,000 average account balance, up to a maximum of 150,000 FAB Rewards per month (minimum average monthly balance of AED 10,000 required).
- Enjoy instant redemption for shopping, cashback, utility bill payments, dining, or holiday bookings.
- Experience exclusive lifestyle rewards through the World Mastercard debit card.
Debit Card Daily Limits:
- ATM cash withdrawal limit: AED 25,000.
- Retail purchase transaction limit: AED 75,000.
Additional Notes:
- For joint account holders, FAB Rewards earned based on the average balance will be equally divided among all account holders.
FAB – Personal Current Account
Features:
Airport Lounge Access, Free Cheque Book, Free Credit/Debit Card
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FAB Mobile App Current Account Features
Opening an Account:
- Instantly open a current account through the FAB Mobile app.
- Requires a monthly income of AED 3,000 or more.
Cashback Bonus:
- Transfer your salary to FAB and receive a cashback bonus.
- Cashback is provided in the form of FAB Rewards, redeemable as cashback, miles exchange, utility bill payments, and more.
- Limited time offer with cashback rates for new salary transfers:
- UAE Nationals: Up to 5% cashback (maximum AED 3,000).
- Expatriates: Up to 3% cashback (maximum AED 1,500).
Cashback Rates:
UAE Nationals:
- AED 5,000 to AED 25,000: 2.5%
- AED 25,000 to AED 50,000: 3%
-
AED 50,000: 5%
Expatriates:
- AED 5,000 to AED 25,000: 2%
- AED 25,000 to AED 50,000: 2.5%
-
AED 50,000: 3%
Additional Cashback Details:
- Cashback will be credited as FAB Rewards in the third month following two consecutive salary transfers.
- Existing FAB customers with salary transfers are not eligible.
Account Features:
- Free MasterCard & Debit Card.
- Free first cheque book (upon account opening).
- Free lounge access at selected airports.
Eligibility:
- Must be a resident of the UAE.
- Applicable for salaried, self-employed, or non-salaried individuals.
Required Documents:
- Complete account opening form.
- Copy of valid Passport / Resident Visa / Emirates ID (Originals must also be presented).
- Salary Certificate or Reference Letter (dated within the last 30 days).
Debit Card Daily Limits:
FAB Standard Debit Card:
- Daily ATM withdrawal limit: AED 10,000.
- Daily retail purchase transaction limit: AED 20,000.
FAB Platinum Debit Card:
- Daily ATM withdrawal limit: AED 15,000.
- Daily retail purchase transaction limit: AED 40,000.
FAB – Etihad Guest Elite Gold Current Account
Features:
Airport Lounge Access, Free Cash Withdrawals, Free Cheque Book
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Account Features:
- No minimum balance requirement.
- 4 free local fund transfers per month.
- 1 free international remittance per month.
- First cheque book free upon account opening.
Rewards:
- Earn 3 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).
- Welcome Bonus Etihad Guest Miles.
- 10% Discount on Etihad Holidays.
- Earn Etihad Guest Miles for every AED 10 you spend.
- Earn Etihad Guest Miles for every AED 1,000 of the average balance.
Travel Benefits:
- Complimentary Airport Lounge Access.
- 24/7 Concierge Service.
Protection Benefits:
- Travel Accident Insurance.
- Global Purchase Protection & Extended Warranty.
- International Medical & Travel Assistance.
Eligibility:
- The Total Relationship Balance (TRB) should be AED 500,000 equivalent and above.
- TRB = Current/Savings/Call Account Balance + Fixed Deposits + Investments.
Required Documents:
- Fully completed account opening form.
- Proof of income.
- Copy of a valid passport/resident visa/Emirates ID (original documents must also be presented).
United Arab Bank – Current Account
Features:
Free Cheque Book, Multiple Currencies
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UAB Current Account: Flexible and Efficient Banking
The UAB Current Account is perfect for both individuals and businesses, offering exceptional flexibility and simplifying your transactions.
Account Details
- Currencies Available: Offered in UAE Dirhams, all major international currencies, and EURO.
- Minimum Balance:
- AED 3,000 average monthly balance for individuals.
- AED 25,000 average monthly balance for companies.
Benefits
- Free ATM Card: 24/7 account access through over 18 million ATMs worldwide. The UAB ATM card is also accepted at over 27 million retail outlets globally.
- Personalized Cheque Book: Available upon request.
- Free Monthly eStatements: Regular account updates delivered electronically.
- Branch Transactions: Convenient deposit and withdrawal services at all UAB branches.
- Electronic Banking Services: Free access to Phone Banking, Online Banking, ATMs, and Cash/Cheque Deposit Machines.
- Account Notifications: Receive SMS notifications for account-related activities.
Eligibility
- Age and Residency: Open to individuals over 21 years of age who are residents of the UAE. Non-residents are not eligible to open a Current Account.
Enjoy the ease and efficiency of managing your finances with a UAB Current Account.
HSBC – Advance Account
Features:
Free Cash Withdrawals, Free Cheque Book, Free Credit/Debit Card, Internet banking, Multiple Currencies, Savings Account
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Get AED 1,500 Cashback with HSBC Advance Account
Receive AED 1,500 cashback when you open a new HSBC Advance Account. Terms and conditions apply. This offer ends on June 30, 2023.
Eligibility Criteria
To qualify for an Advance account, you need to meet one of the following criteria:
- Transfer a minimum monthly salary of AED 15,000 to an HSBC account, or
- Maintain a minimum monthly average balance of AED 100,000 in deposits and/or investments (or equivalent in foreign currency).
Benefits
- Fee-Free Cash Withdrawals: No charges for cash withdrawals at any bank ATM across the UAE and GCC.
- Preferential Loan Rates: Enjoy better rates on personal loans.
- Instant International Transfers: Make instant international fund transfers through online and mobile banking via Global View and Global Transfers between your global HSBC accounts without any fees.
- Global Emergency Cash: Access up to USD 10,000 in emergency cash from any HSBC branch worldwide if you lose your wallet while traveling, with no fees.
- Discounted International Account Opening: Get a 50% discount on the processing fee for opening an international HSBC account.
- Multi-Currency Current Account: Current account available in AED, USD, GBP, and EUR.
- Overdraft Facility: Access an overdraft of up to 2 times your salary or AED 30,000 (whichever is lower) with no fees and no interest on the first AED 2,000.
- Airfare Discounts: Enjoy up to 10% off British Airways airfares when you book with your HSBC Advance Debit Card.
HSBC – Premier Account
Features:
Dedicated Relationship Manager, Free Cheque Book, Multiple Currencies
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Get Up to AED 1,750 Cashback with HSBC
Earn up to AED 1,750 cashback by opening an HSBC Premier Account. Receive AED 1,500 cashback when you open a new HSBC Premier Account, and get an additional AED 250 cashback when you open a Premier Family Account for your spouse or child. Terms and conditions apply. This offer ends on June 30, 2023.
HSBC Premier: Elevate Your Lifestyle
HSBC Premier is designed to help you and your family enjoy a fulfilling life, whether you’re buying a new home, planning for the future, caring for loved ones, or reaping the rewards of your hard work.
Eligibility Requirements
To qualify for a Premier account, you must meet one of the following criteria:
- Transfer a minimum monthly salary of AED 40,000 to an HSBC account, or
- Maintain a Total Relationship Balance of AED 350,000 in deposits and/or investments.
Benefits
- Global Premier Status: Automatic Premier status in 29 countries.
- International Account Support: Assistance with opening accounts overseas before relocating or working abroad.
- Global Money Account: View and manage all your international accounts in one place, with instant, fee-free transfers between them.
- Competitive Foreign Currency Accounts: Maintain accounts with competitive rates in foreign currencies.
- Wide Range of Transfers: Transfer funds to 200 countries and regions in over 25 currencies, including INR, PKR, EGP, and PHP, with no fees.
- Global Support Network: Access a worldwide support network with next-day card replacements for lost or stolen cards and emergency cash advances of up to USD 10,000 per day (subject to available funds).
Offers
- Priority Service: Enjoy priority servicing, support, and a Premier Debit Card tailored to your schedule.
- Dedicated Relationship Manager: Access a Premier Relationship Manager to help you make informed financial decisions.
- Preferential Rates: Benefit from preferential rates on loans, mortgages, savings, term deposits, and global money transfers.
- Exclusive Rewards: Enjoy a range of exclusive rewards, offers, and privileges with the Premier Visa Signature Debit Card and the Premier World MasterCard Credit Card.
FAB – Salary Transfer Cashback Offer
Features:
Cash Back
Read MoreLess
Transfer Your Salary to a FAB Account and Receive Up to AED 5,000 Cashback
Limited Time Offer
Earn up to AED 5,000 cashback by simply transferring your salary to a FAB account. Open a FAB account instantly via the FAB Mobile app or transfer your salary to an existing FAB account to qualify for this offer. To be eligible for cashback, at least two salary payments must be credited to your FAB account.
Cashback Details
- UAE Nationals: You can earn up to AED 5,000 cashback.
- Expatriates: You can receive up to AED 2,500 cashback.
The cashback will be credited as FAB Rewards, which can be used for shopping, paying utility bills, making Salik payments, redeeming as cashback to your account, and more.
Cashback Breakdown by Salary
For UAE Nationals:
Monthly Salary | Cashback Rate | Minimum AED | Maximum AED |
---|---|---|---|
AED 5,000 to 25,000 | 3% | 150 | 750 |
AED 25,000 to 50,000 | 4% | 1,000 | 2,000 |
> AED 50,000 | 10% | 5,000 | 5,000 |
For Expatriates:
Monthly Salary | Cashback Rate | Minimum AED | Maximum AED |
---|---|---|---|
AED 5,000 to 25,000 | 2.5% | 125 | 625 |
AED 25,000 to 50,000 | 3% | 750 | 1,500 |
> AED 50,000 | 5% | 2,500 | 2,500 |
Account Options and Additional Benefits
Choose from a variety of FAB accounts, each offering great benefits for ease and security both in the UAE and internationally:
- FAB Etihad Guest Elite Account: Earn 1,000 bonus Etihad Guest Miles with your first salary transfer, along with additional benefits.
- FAB One Account: Enjoy special offers and discounts from premium UAE retailers, with no minimum balance charges and other perks.
- FAB Current Account: Receive a free Platinum Mastercard debit card and complimentary airport lounge access across the Middle East.
Explore these options and more to make the most of your banking experience with FAB.