ADCB Active Saver Account
- Encourages saving - With no ATM card or chequebook
- Account opening is instant, with no need to visit branch
- No cheque book or debit card issued
- Interest rate is 0 for balance less than AED 10,000
You can pay credit card bills, make fund transfers, redeem TouchPoints, credit funds for Red Crescent and open fixed deposits.
Interest is calculated daily, and with tiered interest rates as follows: Less than AED 10,000 - 0% AED 10,000 and less than AED 50,000 - 1.25% AED 50,000 and less than AED 100,000 - 1.50% AED 100,000 upto AED 2,000,000 - 1.65% More than AED 2,000,000 - 1%
One free credit card bill payment and Funds transfer (within ADCB) each every month. Free Outward funds transfer. Free unlimited cash/cheque deposits and 6 free cash withdrawls per month at Branch Teller.
It takes less than 5 minutes to set up your account, and because its all done online there's no need to visit any branch. Once you have an Account Number, an ADCB representative will visit you to collect a copy of your passport and residence visa.