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FAB iSave Account

Get an amazing interest rate of 5.25% per year on
new funds with the iSave Account.

Open an iSave Account and enjoy one of the best savings rates in the UAE.

Reach your savings goals faster with the one of the best savings rates in the UAE. Earn 5.25% interest per year on new funds deposited in your iSave Account from 1 May 2023 to 31 March 2024.

If you already have an account with FAB, you can open an iSave Account instantly through the FAB Mobile app or Online Banking.

Features

iSave is an online account with the following features:

5.25% per year on new funds deposited from 01 May 2023 to 31 March 2024

Instant account opening through the FAB Mobile app or Online Banking

Available in AED

No minimum balance requirement

No restrictions on the number of withdrawals

Conditions

  • Node Minus Alt
    The campaign rate of 5.25% per year is valid only on new funds for individual customers from 1 May 2023 to 31 March 2024
  • OR
  • Node Minus Alt
    Rate of 4% per year is valid on new funds for individual customers from 1 July 2022 until 30 April 2023
  • OR
  • Node Minus Alt
    Eligibility is calculated on the average monthly balance
  • OR
  • Node Minus Alt
    Overall balance at customer level as on 30 April 2023 is considered as base balance for 5.25% per year interest rate
  • OR
  • Node Minus Alt
    A differential interest amount over the prevailing interest rate is applied within 45 days from the campaign’s extension end date (31 March 2024) for the campaign extension months (January, February and March)
  • OR
  • Node Minus Alt
    Existing funds (Until 30 June 2022) are subject to the prevailing interest rate (mentioned below), which is applied monthly
  • OR
  • Node Minus Alt
    Only individual customers are eligible for iSave
  • OR
  • Node Minus Alt
    Only UAE residents with valid Emirates ID are eligible for iSave
  • OR

Interest rates

Band Balance Interest rate range (per year)
< AED 500,000
Up to 2.465%
AED 500,000 to < AED 5,000,000
2.465% to 3.251%
≥ AED 5,000,000 3.251% and less
SCAN TO DOWNLOAD
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Scan to download FAB mobile app

Open an iSave Account instantly on the FAB Mobile app

FAB Mobile puts the power of the bank in your hands

  • Get your FAB account and credit cards instantly. Zero paperwork
  • Open an account and get a credit card, with just your Emirates ID
  • Use your FAB Rewards to pay your bills anytime, anywhere
  • Check your balance, send money and earn rewards in a few taps

Ready to apply?

Get in touch

Need more help?

Contact us anytime for further assistance or check out our FAQ page for more information.

For customers within the UAE For customers outside of the UAE
600 52 5500 +971 2 681 1511