FAB iSave Account

With this account, you get incredible benefits like unlimited withdrawals, high interest rates, and more. 

Features and Benefits of FAB iSave Account

The FAB iSave account is ideal for tech-savvy users who want banking on the go. With this bank account in UAE, you can make seamless transactions and enjoy attractive interest rates, plenty of features, and more. Here is an overview of the key features and benefits of this FAB account — 

• Zero balance account — no minimum balance is required
• Fully online bank account opening 
• Attractive annual interest rate of up to 3.251% 
• Earn 4.5% interest (per annum) on newly deposited funds*
• Account available in AED 
• Withdraw money without any restrictions
• Enjoy online banking services

*Only on the funds that you deposit from 1 May 2023 to 30 September 2025&

Eligibility Criteria for Opening an FAB iSave Account

To open this FAB zero balance account, you need to meet a straightforward requirement. As per the bank’s guidelines, you can apply for this account if you are a resident of the UAE with a valid Emirates ID. There are no minimum requirements in terms of minimum balance or salary.

Note - For more details regarding the FAB iSave account requirements, feel free to connect with us!

Documents to Open a FAB iSave Account

To open this FAB bank account, all you need is a valid Emirates ID. You can easily open this account online without any other documentation. However, keep in mind that this is the standard documentation. If required, the bank may ask for some additional documents or details.

How to Open an iSave Account with FAB in the UAE?

Follow these simple steps to open FAB iSave account in the UAE —

• Step1- Click the button below to get to the lead form
• Step2- Fill it out with the specified details
• Step3- You will be taken to the bank account quotes page
• Step4- Go to the iSave account and check all its details
• Step5- Apply for it 

Alternatively, you can use the official First Abu Dhabi Bank mobile app. In this case, simply choose the ‘Apply Now’ option and select the ‘iSave account’. Next, follow the on-screen instructions to apply! 

FAB iSave Account — Terms and Conditions

Mentioned below are some of the terms and conditions of the iSave FAB account in the UAE —

• Customers may open one or more accounts with the bank, subject to these general conditions and any applicable specific conditions
  • The bank may require the customer to open a specific account to access certain services
  • Each account may have distinct eligibility criteria and conditions
  • Consequently, obligations such as maintaining a minimum balance or meeting margin calls may apply to one account, regardless of a credit balance in another​
• To open an account, the customer must provide all necessary forms, documents, and evidence as required by the bank in a format satisfactory to the bank
  • If the bank declines to open an account, it will endeavor to provide reasons for the refusal, where permitted by applicable law.
• The customer is responsible for informing the bank of any changes to the information provided during account opening or any other identification or due diligence documentation previously submitted
  • This includes, but is not limited to, changes in name, identification documents, address, contact numbers, constitutional documents, shareholding structure, beneficial ownership, and the authority of any authorised signatories
  • The customer must provide any additional forms, documents, and evidence related to such changes as requested by the bank, in a format satisfactory to the bank
  • These changes become effective only upon receipt and acceptance by the bank
• The bank may require the customer to maintain a minimum balance in any account, as determined and communicated by the bank periodically 
  • The amount and calculation method of this minimum balance are at the bank's discretion and may vary as per the account type
  • Failure to meet the minimum balance requirement may result in the bank imposing a fee or declining to process instructions​
• The bank reserves the right to debit any account, and if necessary, overdraw the account, in cases where funds have been credited due to errors (such as computer system or technical errors), human mistakes, clearing system errors, fraud by the customer or third parties, or other reasons
  • The bank holds no liability in these circumstances
• The bank may assign an identification number to the customer and/or an account number to the customer's account

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