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Looking to open your first savings account?

Financial stability and independence brings peace of mind and allows you to enjoy life’s pleasures. Having a savings goal and sticking to it is the first step in that journey.

How to plan a vacation on a budget?

A vacation is a reward for all that hard work you put in to earn your money, so here are some tips to plan a vacation while staying within your budget.

  • Research. Research. Research
  • Book in advance
  • Book a hotel that includes meals
  • Visit attractions on non-peak days

If you wish to speak to an expert to explore your opportunities, please contact 600525500.

*Disclaimer: All the information / options provided by FAB are for the purpose of customers’ informed decision making and will not be deemed as a specific advice or recommendation.

Savings Accounts

Types of Savings Accounts

iSave Account

Get an amazing interest rate of 5% per year on new funds with the iSave Account.

  • No monthly fee or minimum balance requirement
  • No restrictions on the number of withdrawals

Elite Savings Account

So much more than a savings account.

  • Multi-currency accounts with no minimum balance requirement
  • First international remittance free per month

Personal Call Account

A convenient account available in many currencies.

  • Earn interest on balance* and access your money when you need it
  • Available in AED and other major currencies

Personal Savings Account

An account that lets you earn while saving.

  • Free Platinum Mastercard debit card
  • Complimentary airport lounge access across the Middle East

Comparison of all our savings accounts

Features Personal Savings Account iSave Account Elite Savings Account Personal Call Account
Minimum monthly salary N/A N/A AED 50,000 N/A
Minimum balance AED 3,000 N/A N/A AED 3,000
FAB Rewards earned on debit card No No Yes No
Multicurrency Yes No Yes Yes
Free debit card Yes No Yes No
UAE Nationals Yes Yes Yes Yes
Expats Yes Yes Yes Yes
Non-residents Yes No Yes Yes
Account Opening via mobile app Yes Yes Yes No
Daily ATM withdrawal limit AED 15,000 No debit card FAB World Debit Card & FAB World Elite Debit Card: AED 40,000 No debit card

Terms and conditions apply.

If you wish to speak to an expert to explore your opportunities, please contact 600525500.

Deposits

Types of Deposits

Fixed Deposits

Earn a higher interest rates, with more benefits and flexibility.

  • Flexible tenures from one week to 12 months
  • Overdraft facility against the fixed deposit

Smart Deposit

Attractive interest rates on long-term deposits.

  • Tenures available for two, three, four, five, seven and ten years
  • Available in AED, USD, GBP and EUR

Comparison of all our fixed deposits

Features Fixed Deposit Smart Deposit Account
Minimum balance AED 5,000 AED 30,000
Multicurrency Yes Yes
UAE Nationals Yes Yes
Expats Yes Yes
Non-residents Yes Yes
Salaried Yes Yes
Non-salaried Yes Yes

Terms and conditions apply.

If you wish to speak to an expert to explore your opportunities, please contact 600525500.

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