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FAB iSave Account
Get an amazing interest rate of 5% 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% interest per year on new funds deposited in your iSave Account from 1 May 2023 to 31 January 2025.
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% per year on new funds deposited from 01 May 2023 to 31 January 2025
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
The campaign rate of 5% per year is valid only on new funds for individual customers from 1 May 2023 to 31 January 2025- Rate of 3.75% per year is valid on new funds for individual customers from 1 July 2022 until 30 April 2023
- Eligibility is calculated on the average monthly balance
- Overall balance at customer level as on 30 April 2023 is considered as base balance for 5% per year interest rate
- Differential interest amount (greater than AED 100) on overall fresh funds over prevailing interest rate to be applied within 45 days from campaign extension end date (31 January 2025), for the campaign extension months of December 2024 and January 2025
- Existing funds (Until 30 June 2022) are subject to the prevailing interest rate (mentioned below), which is applied monthly
- Only individual customers are eligible for iSave
- Only UAE residents with valid Emirates ID are eligible for iSave
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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
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
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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 | ||
|---|---|---|---|
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600 52 5500 | |
+971 2 681 1511 |