Arab Bank Premium Account
Last Updated on 07 February 2019
This product is valid by the Bank
Min Balance to Maintain
- No annual fees
- Minimum salary of AED 15,000 is required
- Monthly fees of AED 25 should be paid
- Should maintain a minimum quarterly balance of AED 50,000
- Get Arab Visa Credit Card with high Arabi rewards
- Get Arabi Premium Debit Card
- Free cheque books
- Free life insurance coverage is provided for the account holder
- Can access the account from anywhere in the world through Arabi Online banking service
- Can get assistance from the customer care anytime
- Can avail 0% Easy Payment Plan on the transactions made using the credit card
Frequently Asked Questions
Q. Can I use my free debit card to withdraw money from ATMs?
A. Yes, you can use your debit card for ATM withdrawals.
Q. Can I get salary advance?
A. Yes, you can withdraw 50% of the salary in advance.
Q. Is it mandatory to maintain a minimum balance in the Arabi Premium account?
A. If your salary is getting transferred to the Arab Premium account then it is not mandatory to maintain a minimum balance.
Q. What are the charges on non-maintenance of the minimum balance?
A. AED 75 will be charged if the average quarterly balance is not maintained for non-salary transfer customers.
Q. Is there any age limit to avail the life insurance?
A. Yes, if the account holder is 60 years then the life insurance cover gets canceled.
Q. What are the charges to avail the online banking service?
A. The online banking service is provided for free.
Q. What is the maximum coverage provided by the life insurance?
A. Up to AED 1,50,000 is provided as the maximum coverage on the life insurance.
With over 600 branches across five continents, Arab Bank is the largest global bank in UAE. It is headquartered in Amman, Jordan. Arab Bank is also present in key financial markets and centers such as London, Dubai, Singapore, Geneva, Paris, Frankfurt, Sydney, and Bahrain. The bank operates on the following pillars of values:
- Corporate responsibility
- Service Excellence
- Customer Focus