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Elite Savings Accounts

So much more than a savings account

Features

Multi-currency accounts with no minimum balance requirement

Earn competitive interest rates**

Tiered interest rate on AED savings account

Elite Savings Account
(Average Balance)
Basic Savings Rate
(Per Year)
Additional Interest
(Per Year)
Effective Interest Rate
(Per Year)
< AED 100K 0.02% 0.00% 0.02%
AED 100K to < AED 500K 0.02% 0.025% 0.045%
>= AED 500K 0.02% 0.05% 0.07%

  • Node Minus Alt
    Elite Eligibility is 500,000 AED the Total Relationship Balance (TRB), 2,500,000 AED Mortgage or 50,000 AED Salary Transfer.

    TRB = Current/savings/call account balance + fixed deposits + investments

  • OR
  • Node Minus Alt
    The completed account opening form
  • OR
  • Node Minus Alt
    Copy of a valid passport/resident visa/Emirates ID (originals must also be presented)
  • OR
  • Node Minus Alt
    Proof of income
  • OR
Note: Additional documents may be required on a case-by-case basis
  • Node Minus Alt
    ATM cash withdrawal limit AED 40,000
  • OR
  • Node Minus Alt
    Retail purchase transaction Limit AED 75,000
  • OR

**Interest rates are subject to change and will be updated from time to time.

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Open an Elite Savings 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