|Minimum Balance Required||Annual Return||Features|
|FAB - Elite Savings Account||Minimum Balance Required: AED 0||Annual Return: 0.02%||Features: Dedicated Relationship Manager|
- Multi-currency accounts with no minimum balance requirement
- Earn competitive interest rates**
- First international remittance free per month
- Tiered interest rate savings account
Debit card benefits
Your Elite Saving Account comes with a free Elite World Mastercard debit card, which provides easy access to your money
- High daily ATM cash withdrawal (up to AED 25,000) and purchase limits (up to AED 75,000)
- Free cash withdrawals from any ATM in the UAE
- Four free cash withdrawals per month from any ATM outside the UAE
- Access to exclusive benefits and preferential treatment allowing World Mastercard cardholders to move seamlessly across the world to experience the best it has to offer
Rewarding in every way
With your Elite Saving Account, you will earn FAB Rewards when you spend using your debit card
- Earn 60 FAB Rewards for every AED 100 you spend domestically and 120 FAB Rewards for every AED 100 you spend internationally. Learn more.
- Enjoy instant redemption at your fingertips and easily choose from an extensive selection of rewards such as shopping, cashback, paying your utility bills, dining out or booking your next holiday. Learn more.
- Experience exclusive lifestyle rewards through our World Mastercard debit card. For details please click here.
- The completed account opening form
- Copy of a valid passport/resident visa/Emirates ID (originals must also be presented)
- Proof of income
Note: Additional documents may be required on a case-by-case basis