EIB Child Savings Account | MoneyCamel

Emirates Islamic Bank

EIB Child Savings Account

CAMEL VIEW
  • No minimum balance requirement.
  • Free debit/prepaid card available for the child.
  • No chequebook given.
  • Optional Life Takaful cover for maximum 5 children.
FEATURES
Interest/Profit Rate 
0.40 % p.a.
Interest Bearing Account 
Yes
Debit Card Facility 
Yes
FEES & CHARGES
ADDITIONAL INFORMATION

You get Free SMS alerts for this account.

Benefits 

There is no minimum balance requirement. You get an attractive welcome pack (for children less than 8 years old) and a special gift on account opening.

Other Benefits & Conditions 

You can get a free debit or prepaid card for your child and Life Takaful cover of up to AED 120,000 for the Parent or Guardian with the child as beneficiary (maximum of five children).

Fine Print 

Account has to be opened with at least AED 100.

Offer Conditions 

The offer is valid for a limited period only.

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