Tiered Savings Account | Tiered Interest Rate | Emirates NBD

Available in AED, USD and SAR

Interest rates of up to 0.50%

Free debit card (AED only)

Tiered Savings Accounts

Digital Account Opening

At a glance

Earn higher interest rates as you increase your account balance

Currencies: AED, USD, SAR

No premature withdrawals

Partial withdrawals

What will you get?

Interest based on daily closing balances
Monthly interest payout credited to your account
Interest:

AED: 0.25% to 0.50%, nil below AED 10,000
USD: 0.25% to 0.50%, nil below USD 10,000
SAR: 0.25% to 0.50%, nil below SAR 100,000

Applicable for salaried, non-salaried and self-employed individuals

Key Facts Statement (KFS)

Fees and charges

Terms and conditions

Interest rates

Terms and conditions apply. Interest rates are subject to change.

AED

Balance	Interest rate p.a.
Less than AED 10,000	Nil
AED 10,000 to less than AED 100,000	0.25%
AED 100,000 to less than AED 500,000	0.25%
AED 500,000 and above	0.50%

Interest calculation based on daily closing balances

Monthly interest payout credited to your account

USD

Balance	Interest rate p.a.
Less than USD 10,000	Nil
USD 10,000 to less than USD 200,000	0.25%
USD 200,000 to USD 3 million	0.35%
USD 3 million and above	0.50%

Interest calculation based on daily closing balances

Monthly interest payout credited to your account

SAR

Balance	Interest rate p.a.
Less than SAR 100,000	Nil
SAR 100,000 to less than SAR 500,000	0.25%
SAR 500,000 to less than SAR 10 million	0.25%
SAR 10 million to less than SAR 20 million	0.25%
SAR 20 million and above	0.50%

Interest calculation based on daily closing balances

Monthly interest payout credited to your account

Balance	Interest rate p.a.
Less than AED 10,000	Nil
AED 10,000 to less than AED 100,000	0.25%
AED 100,000 to less than AED 500,000	0.25%
AED 500,000 and above	0.50%

Interest calculation based on daily closing balances

Monthly interest payout credited to your account

Balance	Interest rate p.a.
Less than USD 10,000	Nil
USD 10,000 to less than USD 200,000	0.25%
USD 200,000 to USD 3 million	0.35%
USD 3 million and above	0.50%

Interest calculation based on daily closing balances

Monthly interest payout credited to your account

Balance	Interest rate p.a.
Less than SAR 100,000	Nil
SAR 100,000 to less than SAR 500,000	0.25%
SAR 500,000 to less than SAR 10 million	0.25%
SAR 10 million to less than SAR 20 million	0.25%
SAR 20 million and above	0.50%

Interest calculation based on daily closing balances

Monthly interest payout credited to your account

Benefits of banking with Emirates NBD

Know the benefits of your banking package

View all Banking packages

beyondpackage

Beyond Package

Minimum balance

Current account: AED 15,000 to AED 49,999
Savings account: AED 100,000

Cards

Free debit card + 5 supplementary debit cards
Choice of 5 credit cards

Other benefits

Rewards up to AED 5,000 on loans
15 monthly cashback prizes worth AED 2,000
Free unlimited international remittances
Rewards up to AED 50,000 with Beyond deals

plusmaximizer

Plus Maximizer

Minimum balance

Current account: AED 5,000 to AED 14,999
Savings account: AED 5,000

Cards

Free debit card + 5 supplementary debit cards
Choice of 5 credit cards

Other benefits

Free insurance cover worth AED 100,000
Exciting offers on credit cards
Monthly winners get AED 500 cashback
8 free teller transactions per month

emiratipackage

Emirati Package

Minimum balance

No balance requirement

Cards

Free debit card + 5 supplementary debit cards
Choice of 5 credit cards

Other benefits

Rewards up to AED 50,000 with the Beyond app
Up to AED 9,010 in savings with the Emirati Visa signature debit card
Higher interest on the Family Savings Account

Requirements and documents for opening an account

UAE Nationals

Identification
- Original Emirates ID and copy
- Copy of passport
In case of a salary transfer account, we’ll need one of the following documents:
- Copy of Labor Card
- Copy of Employee ID
- Latest salary letter
- Copy of employment visa page from passport

Expats

Identification
- Original Emirates ID and copy
- Copy of passport
In case of a salary transfer account, we’ll need one of the following documents:
- Salary transfer letter (not more than 30 days from date of issue for non-government companies. For government companies, validity as mentioned in the letter.)
- Copy of appointment letter or contract
- Copy of payslip (less than 3 months old)
- Statement with previous month’s salary
- For bulk accounts: consolidated letter from HR (with salary of each employee mentioned)

Non-residents

Passport and copy with visa page and one of the following documents
- Utility bill (not more than 3 months old)
- Bank statements (not more than 3 months old and you can print these off online banking too)
- Reference letter from a banker in home country confirming the length and nature of your relationship with them (this should be a minimum of 12 months); residential address of the customer as per the bank records

GCC Nationals

Identification
- Passport and copy or UAE National ID and copy
For current or checking accounts any one of the following documents:
- UAE National ID
- Labour Card and copy
- Work Permit and copy
- Letter from employer
- Copy of recent telephone or electricity bill (not more than 3 months old)
- Tenancy contract in your name

Self-employed (non-individuals)

Passport copy and EIDA copy of all signatories/owners/director
Trade license if the company incorporated in the UAE
Memorandum of association (MOA)
Board resolution

Identification
- Original Emirates ID and copy
- Copy of passport
In case of a salary transfer account, we’ll need one of the following documents:
- Copy of Labor Card
- Copy of Employee ID
- Latest salary letter
- Copy of employment visa page from passport

Identification
- Original Emirates ID and copy
- Copy of passport
In case of a salary transfer account, we’ll need one of the following documents:
- Salary transfer letter (not more than 30 days from date of issue for non-government companies. For government companies, validity as mentioned in the letter.)
- Copy of appointment letter or contract
- Copy of payslip (less than 3 months old)
- Statement with previous month’s salary
- For bulk accounts: consolidated letter from HR (with salary of each employee mentioned)

Passport and copy with visa page and one of the following documents
- Utility bill (not more than 3 months old)
- Bank statements (not more than 3 months old and you can print these off online banking too)
- Reference letter from a banker in home country confirming the length and nature of your relationship with them (this should be a minimum of 12 months); residential address of the customer as per the bank records

Identification
- Passport and copy or UAE National ID and copy
For current or checking accounts any one of the following documents:
- UAE National ID
- Labour Card and copy
- Work Permit and copy
- Letter from employer
- Copy of recent telephone or electricity bill (not more than 3 months old)
- Tenancy contract in your name

Self-employed (non-individuals)

Passport copy and EIDA copy of all signatories/owners/director
Trade license if the company incorporated in the UAE
Memorandum of association (MOA)
Board resolution

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