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FAB iSave Account

Boost your savings
with iSave Account's annual interest rate

Apply now

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 4.50% interest per year on new funds deposited in your iSave Account from 1 May 2023 to 30 June 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:

  • 4.50% per year on new funds deposited from 01 May 2023 to 30 June 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 4.50% per year is valid only on new funds for individual customers from 1 May 2023 to 30 June 2025
    • OR
  • Rate of 3.25% per year is valid on new funds for individual customers from 1 July 2022 until 30 April 2023
    • OR
  • Eligibility is calculated on the average monthly balance
    • OR
  • Overall balance at customer level as on 30 April 2023 is considered as base balance for 4.50% per year interest rate
    • OR
  • 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 (30 June 2025), for the campaign extension months of May 2025 and June 2025
    • OR
  • Existing funds (Until 30 June 2022) are subject to the prevailing interest rate (mentioned below), which is applied monthly
    • OR
  • Only individual customers are eligible for iSave
    • OR
  • Only UAE residents with valid Emirates ID are eligible for iSave
    • OR

Interest rates

Download iSave calculator
Excel
Terms and conditions apply
Band Balance Interest rate range (per year)
Less than AED 500,000 Up to 2.465%
AED 500,000 up to AED 5,000,000 2.465% to 3.251%
AED 5,000,000 and above 3.251% or lower
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
Explore Mobile Banking

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Need more help?

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