| Minimum Balance | Annual Fee | Internet Banking | Features | |
|---|---|---|---|---|
ADCB Bank Account
|
Minimum Balance: AED 0 | Annual Fee: AED 0 | Internet Banking: No | Features: Islamic Banking, No Salary Transfer |
Product Features
A Grand prize of AED 1,000,000 and 10 prizes of AED 10,000 each monthly. Average monthly balance of AED 5,000 required for eligibility; one additional prize draw entry for every additional deposit of AED 1,000; One bonus prize draw entry for every additional month you maintain the average balance of AED 5,000
Introductory Offer
Receive 4 additonal chances to win AED 1,000,000 and earn 15,000 Bonus Touchpoints when you open a Millionaire Destiny Savings Account through ADCB Personal Internet Banking. Offer valid till 31st December 2015. T& C apply.
Additional Information
No minimum balance charges, 6 free teller services, 6 free account statement, 6 free standng instructions; 6 free fund transfers, free Debit card replacements; Refer to the schedule of fees & charges. Free Debit Card; ADCB TouchPoints earned on account balances and transactions; Free SMS Banking Internet Banking Phone Banking and e-Statements; Free Takaful Life Insurance*MDSA is offered to both individual residents and non-residents; Also available in US$ and for minors
Documents Required
Passport copy, Emirates ID
** Calculator Definitions
Amount:
The total amount of money borrowed, also referred to as the principal amount.
Rate (%):
This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years:
This is the original term or length of the product, stated in years.
Effective Monthly Payment:
This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%):
The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
