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FAB iSave Account

Better returns with an iSave account

Open a zero balance iSave account and enjoy the best savings rates in the UAE

Open a zero balance account in the UAE with no minimum balance or salary requirement. Enjoy the best savings rates with the iSave account that allows you to earn interest on eligible new funds and manage your savings through FAB Mobile or Online Banking.

You can earn 5.60% interest per year on new funds deposited into your iSave account from 1 September 2026 to 31 December 2026. If you already have an account with FAB, you can open an iSave account instantly through FAB Mobile or Online Banking.

Key features of a digital savings account

iSave combines everyday savings with the convenience of a zero balance account in the UAE, giving you a straightforward way to manage your money while keeping your savings accessible.

Earn 5.60% interest per year on new funds deposited into your iSave Account from 1 September 2026 to ‎31 December 2026
Open the account instantly through FAB Mobile or Online Banking
Hold your account in AED

Save without a minimum balance requirement

Make unlimited withdrawals

Conditions

Campaign rate of 5.60% per year is valid only on new funds for individual customers from 1 September 2026 to ‎31 December 2026‎.

Overall balance at a customer level as on 31 August 2026 is considered as a base balance for the 5.60% per year interest rate.

Fresh funds up to  100 million per customer will receive a campaign benefit of 5.60% per year. Product rate will apply only on the portion of balance which is greater than  100 million.

Campaign fulfilment will be done within 45 days from the campaign end date (31 December 2026) for the ‎campaign months of September 2026 to December 2026.

New funds from the previous campaign (1 May 2023 until 31 August 2026) will continue to get 4% per year.

Only UAE residents with a valid Emirates ID are eligible for an iSave account.

Campaign Terms and Conditions

Product Rate

Product Interest Rate CalculatorExcel

iSave Account opening guidePDF

Terms and conditions

Key facts statement

Bank Balance	Interest rate range (per year)
Less than  500,000	Up to 2.465%
 500,000 up to  5,000,000	2.465% to 3.251%
 5,000,000 and above	3.251% or lower

The above interest rates apply every month on the monthly average balance. Refer to the iSave Calculator for the applicable product interest rate.
The monthly average balance is calculated by summing the closing balance for each day of the month and dividing the total by the number of calendar days in that month.
The 5.60% per year campaign rate is subject to the applicable campaign terms and conditions. The campaign interest entitlement will be calculated as the difference between 5.60% per year and the product interest rate already credited for the month.

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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For customers within the UAE

For customers outside of the UAE