EIB e-Savings Account | MoneyCamel

Emirates Islamic Bank

EIB e-Savings Account

CAMEL VIEW
  • Earn up to 2% expected profit rate.
  • No limit on number of withdrawals.
  • No Debit card or chequebook given.
  • You can open the account in AED and USD.
FEATURES
Interest/Profit Rate 
2.00 % p.a.
Free Internet Access 
Yes
Bill Payment Facility 
Yes
Phone Banking Facility 
Yes
Multiple Currency 
AED, USD
Funds Transfer Facility 
Yes
No. of debit transactions allowed 
Unlimited
FEES & CHARGES
ADDITIONAL INFORMATION

You earn profit rates tiered as per the following slabs related to balance maintained: Slab 1: AED 5000 to AED 50,000 - 2.00% Slab 2: AED 50,001 to AED 100,000 - 1.75% Slab 3: AED 100,001 to AED 5,000,000 - 1.24% Slab 4: AED 5,000,001 to AED 25,000,000 - 0.80% Slab 5: AED 25,000,001+ - 0.39% (These rates are as of Q1-2015)

Benefits 

Earn up to 2% expected profit rate. Profit is distributed quarterly and there is no minimum balance requirement.

Other Benefits & Conditions 

Enjoy convenient online transfers and unlimited number of withdrawls.

Fine Print 

You can open the account in AED and USD, and only one account per currency. No debit card or chequebook is offered.

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