Audi
Cadillac
Genesis
Kia
MG
Nissan
Suzuki
BMW
Changan
Honda
Lamborghini
Mazda
Polaris
Tesla
Bentley
Dodge
Hyundai
Lexus
McLaren
Porsche
Toyota
Bugatti
Ford
Infiniti
Land Rover
Mitsubishi
Peugeot
Haval
Chrysler
Ferrari
Jaguar
Lincoln
Mercedes
Rolls Royce
Hongqi
Chevrolet
GMC
Jetour
Maserati
Mini
Renault
Jeep
The FAB iSave Account is a comfortable and manageable savings account from First Abu Dhabi Bank (FAB) and offers a range of banking services. With the growing popularity of digital banking in the UAE, the savings account can be managed easily from anywhere in the world. This account is tailored to help you expand your savings while you have access to a wide range of banking services. With the FAB iSave Account, managing finances in the UAE is swift and simple.
Benefits of the FAB iSave Account
For individuals, the most notable benefit of the FAB iSave account is gaining interest for regular savings. Both short and long term interest rate plans are offered that offer you comfort and peace of mind. The FAB iSave account is best suited for people who wish to have a simple saving approach.
On top of that, access to an FAB iSave account provides online banking services like savings, FAB balance checking, and transactions. Moreover, this account can also be operated through the FAB Mobile banking app that is available on Google or Apple Store. This account allows you to access your funds without any hassle in this country.
Features of the FAB iSave Account
| Feature | Details |
| Minimum Balance Requirement | No minimum balance is required for account maintenance |
| Monthly Fees | No monthly fees or hidden charges apply |
| Interest Rate | Tiered rates based on account balance amount |
| Withdrawal Limit | Unlimited withdrawals without any penalties |
| Account Opening | Fully digital via the FAB Mobile App or website |
| Salary Transfer Requirement | No salary transfer is required for account opening |
| Banking Access | 24/7 mobile and online banking for easy access |
| Currency | Only available in UAE dirham (AED) transactions |
| Customer Support | 24/7 customer service through the FAB call center |
| Transaction Fees | No fees for online transfers within FAB accounts |
The FAB iSave Account provides a range of account features that cater to the needs of bank users. Furthermore, its feature that stands out is the ability to access the account through online banking. This makes it a popular choice among users to manage their accounts and pay bills all from your mobile. Users of the FAB mobile banking app can also enjoy an easy experience of accessing their accounts from anywhere and anytime.
Another additional benefit is that no monthly fees are charged to the account which helps to increase your savings without extra costs. Additionally, you do not have to restrict yourself to local banking only since the FAB iSave Account comes with great banking capabilities in the UAE. You can transfer funds, pay bills, and access other financial services that the bank provides.
FAB iSave Account Interest Rate
| Balance Range (AED) | Interest Rate (per year) | Effective Interest Rate Range (per year) |
| Less than 50,000 | 0.25% | 0.25% |
| 50,000 to less than 100,000 | 0.75% | 0.25% to 0.50% |
| 100,000 to less than 500,000 | 2.00% | 0.50% to 1.70% |
| 500,000 to less than 1,000,000 | 2.25% | 1.70% to 1.97% |
| 1,000,000 to less than 5,000,000 | 2.50% | 1.97% to 2.40% |
| 5,000,000 to less than 100,000,000 | 2.25% | 2.40% to 2.26% |
| 100,000,000 to less than 200,000,000 | 1.50% | 2.26% to 1.88% |
| 200,000,000 and above | 0.25% | 1.88% and less |
The interest rate for the FAB iSave Account was designed to provide competitive returns on your savings. Saving more will give you the best benefits. Depending on your savings balance, you will earn interest, which will help your account savings grow. This is the best option for those who want to secure their funds and use their money in a better way.
How to Open FAB iSave Account
The process of opening an FAB iSave Account is reliable and straightforward in the UAE. Moreover, you can do it online via the bank’s website or by visiting one of their nearest branches. For this purpose, you need to provide some required identification, proof of residence, and financial information that are FAB iSave Account requirements. Once your account is set up, you will have access to all benefits like debit cards and online banking.
FAB Savings Account Options
| Account Type | Minimum Balance | Interest Rate |
| FAB iSave Account | No minimum balance | Tiered, up to 2.50% per year |
| FAB Personal Savings Account | AED 3,000 | 0.10% per year |
| FAB Etihad Guest Savings Account | AED 3,000 | 0.10% per year + Etihad Miles |
| FAB Child Savings Account | AED 3,000 | 0.10% per year |
FAB provides a range of savings accounts that cater to the needs of all users. Whether you are aiming to open an account for daily or long term saving, FAB savings account options offer peace of mind to everyone. The ease of access and the flexibility offered by the FAB iSave Account make it one of the most popular accounts in the UAE.
Digital Banking with FAB
As the banking sector of the UAE continues to expand, the FAB iSave Account has become a favorite choice among customers. With the FAB mobile banking app, you are able to track and conduct all your recent and pending transactions without any hassle. Moreover, you can also view your account balance and view your recent activity from any smartphone device from anywhere.
Why do I Need to Select the FAB iSave Account?
If you choose the FAB iSave Account, it gives you access to the best customer service and a reliable way to manage money. Furthermore, you can quickly track your direct debit payments and withdrawals without any hassle. You’re able to access your money anytime, anywhere, so do not waste your time and avail benefit from FAB iSave Account. In addition, this account comes with interest rates which means your money is helpful for you.
