ADIB Banoon Children's Savings Account
- Three gifts in the welcome box.
- Prepaid Darhoom card for your child.
- Profit rates are tiered.
- You need minimum balance of AED 5,000 to be eligible for profits.
Voluntary Education Takaful up to AED 100,000 for a takaful contribution amount of only 1 a day.
You get three gifts in the welcome pack & you can get a Darhoom Card for your child - prepaid from your account with customized limits, SMS alerts sent to you, and attractive discounts at your child's favourite shops. ADIB also makes AED 100 donation on behalf of your child to the Red Crescent Scholars Assistance program.
Higher profit rates, from the achieved profits, for higher account balances. Profit rates are tiered for eg for Decemeber 2014, if balance was from AED 5,000-10,000 profit was 0.49%, from AED 10,000-25,000 it was 0.50%, from AED 25,000-250,000 it was 0.51% and more than AED 250,000, it was 0.60%.
Minimum monthly balance of 5,000 to be eligible to earn profit.