ADCB Savings Account: Open ADCB Savings Account Online in Dubai, UAE

ADCB bank offers a range of options when it comes to opening a savings account. Starting from its competitive profit rates to alluring touchpoint, ADCB Bank comes with a wholesome savings account offers. It also has the monetary lucky draw offers with the selected savings account.

Here are the different types of ADCB Savings Account available in the UAE –

ADCB Savings Account
Millionaire Destiny Savings Account
Emirati Millionaire Savings Account
ADCB Active Saver Account

ADCB Savings Accounts - Features and Benefits

The key features of ADCB Savings Accounts include:

AED accounts earn profits up to 1.15%
USD accounts earn up to 0.85%
GBP accounts earn up to 0.75%

Types of Savings Accounts	Features and Benefits	price
ADCB Savings Accounts	Available for both non-residents and UAE nationals Accounts available in USD, AED and other specific currencies E-statements are free within the statement cycle AED savings account holder receives a debit card Get touchpoints on an average monthly account balance of AED 10,000 or above	View Quotes
Millionaire Destiny Savings Account	Debit card No period for lock-in Withdrawals have no penalty Profits from the savings are declared and paid after every 4 months A chance to win the lucky draw. The price list is given below: Every six months, a chance to win a grand prize of AED 2,000,000 Every month, a prize of AED 1,000,000 Every month, 10 prizes of AED 10,000 each	View Quotes
Emirati Millionaire Savings Account	Debit card Profits from the savings are declared and paid after every 4 months A chance to win the lucky draw. The price list is given below: Get a chance to win a prize of AED2,000,000 in every six months Every month, a prize of AED 500,000 Chance to get 10 prizes of AED 10,000 each every month Open an account through ADCB personal internet banking with AED 20,000 or more, and earn 10,000 touchpoints Create a guardian-maintained account for children Earn touchpoints with an average balance of at least AED 10,000	View Quotes
Active Saver Account	Through internet personal banking of ADCB bank, the account can be opened No minimum balance requirement or monthly fees The profit rates are paid monthly with daily calculations Available in USD, GBP and AED accounts No cheque book or an ATM card Free statement of account within the statement cycle Online access available Touch points are redeemable Transfer of funds and credit card bill payment available Use ADCB active saver calculator to calculate savings	View Quotes

Eligibility Criteria to Open an ADCB Bank Savings Account in UAE

For opening any account in the UAE, the applicant needs to fulfil the eligibility criteria specified by the financial institution. The following are the eligibility requirements to open different types of ADCB Savings Account –

Types of Salary Accounts	Eligibility Criteria
ADCB Savings Account	Minimum monthly salary of AED 5000 for UAE residents
Millionaire Destiny Savings Account	A minimum average monthly balance of AED 5,000 is required for the prize draws
Emirati Millionaire Savings Account	Only Emiratis can apply To be eligible for the prize draws, a minimum average balance of AED 5,000
Active Saver Account	UAE residents and nationals having a valid visa Aged 21 or above Must be an ADCB savings and current account holder Not eligible for minors and joint accounts

How to open an ADCB bank Savings Account in the UAE

An applicant can open a bank account with the ADCB bank in the UAE via three ways-

Getting in touch with the nearest branch of the ADCB bank
Through phone banking
Through internet banking

Documents Required to Open an ADCB Bank Account

The minimum documents required are:

Types of Salary Accounts	Documents Required
ADCB Savings Account	Residents of the UAE- Original passport of the applicant Resident visa (valid for more than a month) Original Emirates Identity Card of the applicant Salary certificate of the applicant Non-residents of UAE- Original passport Copy of the e-gate card and visit visa Applicant’s bank statement (stamped) of 3 months with the existing bank Introduction letter from an existing ADCB customer of more than a year
Millionaire Destiny Savings Account	Not Specified
Emirati Millionaire Savings Account	Not Specified
Active Saver Account	Not Specified
Through ADCB Hayyak	Passport of the applicant Emirates identity card of the applicant A picture of the applicant’s signature

Open Savings Account in Other UAE's Banks -

FAQs on ADCB Savings Account:

Hayyak is an app of ADCB to provide convenient banking services. It is simple and fast. You can also earn touchpoints with Hayyak.

Hayyak account offers touchpoints for opening an account, transferring your salary and on your first purchase with the credit card

No, business customers cannot open an active saver account. Active Saver account can only be held by individual customers of the bank.

Yes, Active Saver is Sharia compliant. It follows all the rules of Islam.

FATCA is a foreign account tax compliance act. This law is enforced in the USA to address tax abuse by US citizens holding an account outside of the USA.

Yes, the ADCB bank implements FATCA with compliance to the UAE central bank. All the subsidiaries and branches of ADCB bank complies with FATCA.

No, not every customer is eligible for the lucky prize draw. Only the customers of specific millionaire savings account can partake in the lucky prize draw. Also, the customers are required to have a specific ADCB savings account minimum balance to be eligible for the lucky draw.

In the case of the ADCB Millionaire Savings Account, the winner of the lucky draw can win AED 1 million AED in every six months.

The minimum salary required for the residents of UAE to open a Savings and Call account with the ADCB bank is AED 5000.

There are 5 types of savings accounts with the ADCB bank. These accounts are- ADCB Savings and Call accounts, ADCB Millionaire Destiny Savings account, Emirati Millionaire Savings account, Active Saver Account and ADCB Hayyak account.