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FAB Savings Accounts in UAE

Features of FAB Savings Account

  • FAB provides savings accounts with very attractive benefits customers
  • Can avail savings accounts in multiple currencies
  • Provides high rewards and benefits on the account
  • Can access the account using debit card from anywhere in the world
  • You can avail cash withdrawals from almost all the ATMs worldwide
  • Also avail free international remittances
  • Can get special discounts on shopping at selected outlets
  • Can earn FAB stars on the account balance maintained

Eligibility Criteria of FAB Savings Account

  • Salaried, non salaried and self-employed individuals can avail this account

Documents Required of FAB Savings Account

  • Copy of valid Passport
  • Residence Visa
  • Emirates ID

First Abu Dhabi (FAB) Savings Account

FAB Bank

4 Savings Accounts Provided By First Abu Dhabi (FAB)

iSave Account

Interest Rate

2.47%

Min Balance to Maintain

AED 0

Monthly Fee

AED 0

Annual Fee

AED 0

Relationship Manager

No

No

interest rate

2.47%

Interest Rate

minimum balance

AED 0

Min Balance to Maintain

monthly fee

AED 0

Monthly Fee

annual fee

AED 0

Annual Fee

relationship manager

No

Relationship Manager

No

Currency Account

Overview

  • The FAB iSave Account is a digital savings account in the UAE designed for residents who want to earn competitive interest with complete flexibility. With no minimum balance requirement, zero maintenance fees, and unlimited withdrawals, it is ideal for everyday savings, emergency funds, and short-term financial goals. The account is fully managed online, making it one of the most convenient online savings accounts in the UAE.

Overview

  • The FAB iSave Account is a digital savings account in the UAE designed for residents who want to earn competitive interest with complete flexibility. With no minimum balance requirement, zero maintenance fees, and unlimited withdrawals, it is ideal for everyday savings, emergency funds, and short-term financial goals. The account is fully managed online, making it one of the most convenient online savings accounts in the UAE.

View details on bank page

Personal Call Account

Min Balance to Maintain

AED 3K

Monthly Fee

AED 0

Annual Fee

AED 0

Yes

minimum balance

AED 3K

Min Balance to Maintain

monthly fee

AED 0

Monthly Fee

annual fee

AED 0

Annual Fee

Yes

Currency Account

Overview

  • The FAB Personal Call Account is a flexible interest-earning savings account in the UAE that allows you to keep funds in multiple currencies while maintaining easy access to your money. Designed for customers who want liquidity with returns, this account is suitable for both short-term cash management and savings, making it a practical option among multi-currency savings accounts in the UAE.

Overview

  • The FAB Personal Call Account is a flexible interest-earning savings account in the UAE that allows you to keep funds in multiple currencies while maintaining easy access to your money. Designed for customers who want liquidity with returns, this account is suitable for both short-term cash management and savings, making it a practical option among multi-currency savings accounts in the UAE.

View details on bank page

Elite Savings Account

Interest Rate

0.02%

Min Balance to Maintain

AED 0

Annual Fee

AED 0

Relationship Manager

Yes

Yes

interest rate

0.02%

Interest Rate

minimum balance

AED 0

Min Balance to Maintain

annual fee

AED 0

Annual Fee

relationship manager

Yes

Relationship Manager

Yes

Currency Account

Overview

  • The FAB Elite Savings Account is a premium multi-currency savings account in the UAE that offers zero minimum balance, tiered interest earnings, high withdrawal limits, and exclusive lifestyle rewards. It is ideal for customers seeking flexible savings, premium debit card benefits, and global spending privileges.

Overview

  • The FAB Elite Savings Account is a premium multi-currency savings account in the UAE that offers zero minimum balance, tiered interest earnings, high withdrawal limits, and exclusive lifestyle rewards. It is ideal for customers seeking flexible savings, premium debit card benefits, and global spending privileges.

View details on bank page

Personal Savings Account

Interest Rate

0.02%

Min Balance to Maintain

AED 3K

Annual Fee

AED 0

Yes

interest rate

0.02%

Interest Rate

minimum balance

AED 3K

Min Balance to Maintain

annual fee

AED 0

Annual Fee

Yes

Currency Account

Overview

  • The FAB Personal Savings Account offers a secure and flexible way to manage your finances while earning interest on your daily savings. This account is designed for both residents and non-residents, providing multi-currency options, digital convenience, and lifestyle benefits.

Overview

  • The FAB Personal Savings Account offers a secure and flexible way to manage your finances while earning interest on your daily savings. This account is designed for both residents and non-residents, providing multi-currency options, digital convenience, and lifestyle benefits.

View details on bank page

Frequently Asked Questions

⭐ Is there any issuing fee for the debit card from FAB?

A. No, there is no issuing fee for debit cards from FAB.

⭐ Can I avail standing instructions with FAB Savings Accounts?

A. You can avail standing instructions with FAB Savings Accounts, upon requesting. For every request, you need to pay an amount of AED 52.50.

⭐ Can I avail a free debit card with my savings account?

A. You can avail a free debit card, if you open your savings account in AED currency.

⭐ What are the basic monthly charges on savings accounts by FAB?

A. There are no basic monthly charges on any of the accounts of FAB.

⭐ What are the electronic accounts available with FAB?

A. You can avail the benefits of isave electronic account.

⭐ How do I open a savings account with FAB?

A. The applicant can open FAB savings account through phone banking, online banking or can visit the nearest branch for opening the account, Even applicants can download the “FAB Mobile App”on Google Play Store or App Store to manage their account activity anytime, anywhere.

⭐ What are the eligibility criteria required for opening FAB savings account?

  • Eligible for above 18 years person
  • Eligible for self employed, salaried & non - salaried person
  • Eligible for UAE & non - UAE national & resident expatriates
  • ⭐ What are the documents required for FAB savings account?

  • FAB account opening application form
  • Income proofs Original passport
  • Emirates ID
  • ⭐ What are the benefits of FAB savings account?

  • Multi - currency account
  • Free cheque books
  • Provides debit card
  • Attractive profit rates
  • ⭐ What are the annual charges on FAB savings account?

    A. There are no annual charges levied on FAB savings account.

    ⭐ What are the charges for opening a FAB savings account?

    A. There isn’t any charge to open a FAB savings account.

    ⭐ What are the charges for closing a FAB savings account?

    A. AED 105 is charged for closing the account.

    ⭐ What is the minimum balance required to maintain a monthly FAB Savings Account?

    A. For FAB personal savings account holders AED 3000 is the minimum balance required. For FAB elite savings account holders then there isn’t any requirement.

    ⭐ What are the types of FAB savings accounts?

    A. There are two types of FAB saving accounts -
  • Elite Savings account
  • Personal savings account
  • About FAB

    First Abu Dhabi Bank (FAB) is one of the largest banking institutions established in 2017 and is a merger of NBAD and FGB. FAB offers tailor made solutions, products and services to the customers.The international network of FAB is spread over 5 continents providing global relationships, expertise and financial strength to local and international business. FAB offers its diversifying services by having differentiation, agility and innovation as their main motto and vision

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