Last Updated on 19 June 2020
Credit Bureau Consent, Welcome Offer & General Terms & Conditions
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United Arab Bank Savings Account
Savings Account
Features
- Low minimum balance
- This account can be opened in different currencies
- Interest accrued monthly and paid half yearly on monthly minimum balance
- A Relationship Manager does not form part of the benefits of the account
- Branch Teller transactions - Cash withdrawal 6 free transactions and AED 10 for additional transactions; Non maintenance of minimum balance requirement will accrue AED25 per month
- There is no monthly fee but if the account balance is below AED 3000 there is a AED 25 fee that applies for non salary accounts
- This account can be opened in AED and major currencies as well
- You require a minimum balance of {Min Balance requirement} requirement to open this account.
Main Benefits
- For every USD 1 spent you will earn up to 1.5 UAB Rewards on domestic purchases and 2.5 UAB Rewards on International purchases. Salaried customers will get: 1 point for every dirham transferred (first month’s salary credit above AED 20,000 only)* and 1 point for every AED 200 of salary credited to the account.
- For every USD 1 spent you will earn up to 1.5 UAB Rewards on domestic purchases and 2.5 UAB Rewards on International purchases. Salaried customers will get: 1 point for every dirham transferred (first month’s salary credit above AED 20,000 only)* and 1 point for every AED 200 of salary credited to the account.
- UAB Rewards
Rewards
- UAB Rewards
Frequently Asked Questions
⭐ How do I open a United Arab Bank Savings Account?
A. The applicant can apply for UAB savings account through UAB online application form, by visiting the UAB nearest branch or by giving a call to UAB customer service number
⭐ Who is eligible to open a UAB Savings Account?
⭐ Can a company be eligible to open a UAB savings account?
A. No. A company is not eligible to open this account. Companies are eligible to open UAB current & deposit accounts.
⭐ What is the minimum monthly balance required to maintain a UAB Savings account?
A. AED 3,000 is required as a minimum monthly balance to maintain this account.
⭐ What is the ledger fee if I don’t maintain the minimum balance of UAB Savings Account?
A. The ledger fee will be charged as per the current tariff rate sheet.
⭐ In which currency UAB Savings Account is available to open?
A. UAB Savings account is available in UAE Dirhams, USD, GBP currencies. You can raise a request for opening this account in Euro & other multi-currencies.
⭐ Do we get any Account Statement?
A. Yes. This account provides an account statement on a monthly basis.
⭐ Do we get any cheque book with UAB Savings Account?
A. No. This account doesn’t provide any cheque book with this account.
⭐ How can we access the UAB Savings Account?
A. This account offers 24-hours free access facility with its phone & mobile banking, ATM & SMS services.
United Arab
Headquartered in Sharjah, with over 25 branches across the UAE, United Arab Bank, P.J.S.C. (UAB), which was incorporated in 1975, has established itself as a leading banking services provider in the UAE. UAB has a Vision ‘of being the trusted partner and the UAE bank of choice for customers’ and a Mission of ‘offering a superior customer experience, creating shareholder value, and adopting an innovative banking approach while remaining loyal to the nation's heritage and contributing to the overall development of the UAE.’ UAB follows the values of :
- Integrity
- Customer Focus
- Competence
- Consistency
- Courteousness
Get in touch with United Arab Bank Customer Care