| Minimum Balance Required | Annual Return | Features | |
|---|---|---|---|
ENBD Tiered Savings Account
|
Minimum Balance Required: AED 5,000 | Annual Return: 0.75% | Features: Multiple Currencies |
Take advantage of high interest rates offered by the Tiered Savings Account that also comes with the convenience of a free international ATM/debit card. The greater the balance you maintain, the more attractive the interest rates get. Also, avail various other banking services that can meet your needs.
Interest rates:
Tiered Savings Account - AED
Nil - Less than AED 10K 0.25 % - AED 10K to less than AED 50K 0.25% - AED 50K to less than AED 100K 0.50% - AED 100K to less than AED 500K 0.75% - AED 500K & above
Tiered Savings Account - USD
Nil - Less than USD 10K 0.25% - USD 10K to less than USD 200K 0.35% - USD 200K to less than USD 3M 0.50% - USD 3M & above
Tiered Savings Account - SAR
Nil - Less than 100K 0.25% - 100K to less than 500K 0.25% - 500K to less than 10M 0.35% - 10M to less than 20M 0.50% - 20M & above
Tiered Savings Account - QAR
Nil - Less than 100K 0.25% - 100K to less than 500K 0.25% - 500K to less than 10M 0.35% - 10M to less than 20M 0.50% - 20M & above
Interest calculation based on - Daily closing balances. Interest Pay-out (credit to account) - Monthly.
ENBD Tiered Savings Account Features:
Complete Account Opening Form in addition to the following (check where applicable)
For Individual & Joint account (UAE Nationals):
Interest rates:
Tiered Savings Account - AED
Nil - Less than AED 10K 0.25 % - AED 10K to less than AED 50K 0.25% - AED 50K to less than AED 100K 0.50% - AED 100K to less than AED 500K 0.75% - AED 500K & above
Tiered Savings Account - USD
Nil - Less than USD 10K 0.25% - USD 10K to less than USD 200K 0.35% - USD 200K to less than USD 3M 0.50% - USD 3M & above
Tiered Savings Account - SAR
Nil - Less than 100K 0.25% - 100K to less than 500K 0.25% - 500K to less than 10M 0.35% - 10M to less than 20M 0.50% - 20M & above
Tiered Savings Account - QAR
Nil - Less than 100K 0.25% - 100K to less than 500K 0.25% - 500K to less than 10M 0.35% - 10M to less than 20M 0.50% - 20M & above
Interest calculation based on - Daily closing balances. Interest Pay-out (credit to account) - Monthly.
ENBD Tiered Savings Account Features:
- High interest rates, depending on the balances maintained in the account
- Available in AED and USD only
- No cheque book
- Free international ATM/debit card (only for AED accounts)
- Monthly statement of account
- Minimum Balance - AED 3000
- AED 25 for not maintaining the required balance
Complete Account Opening Form in addition to the following (check where applicable)
For Individual & Joint account (UAE Nationals):
- Copy of passport(s) and original passport(s) for validation
- Salary Certificate (in case of salary transfer accounts); in the absence of a Salary Certificate, any one of the following documents may be obtained: Appointment Letter / Contract Copy Pay slip (< 3 month old) Consolidated letter from HR for bulk accounts Most recent statement of account where customer's salary is being transferred
- Copy of passport(s), including residence visa page; as well as original passport(s) for validation
- Sponsor's letter of no objection
- Salary Certificate (in case of salary transfer accounts); in the absence of a Salary Certificate, any one of the following documents may be obtained: Appointment Letter / Contract Copy Pay slip (< 3 month old) Consolidated letter from HR for bulk accounts Most recent statement of account where customer's salary is being transferred
- Copy of passport(s) and original passport(s) for validation
- Telephone/Electricity Bill
- Copy of passport(s) and original passport(s) for validation
