A savings account is one of the most important forms of savings recipients offered by banks and financial institutions in the UAE, and there are many people who prefer to keep their own money in savings accounts due to the enormous advantages on offer, and there are many banks through which savings accounts are offered that impose a minimum on their clients. From the salary and the balance with which to open accounts, and in this topic we will introduce you to some banks that offer a savings account without minimum salary in UAE.
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A bank account without minimum salary in UAE
There are many savings accounts within banks that require the holders a minimum salary with a minimum balance so that individuals can open that account with them, and there are many banks and financial institutions through which they offer the possibility of opening accounts. savings without the need for a minimum, and this is what we will show you and explain.
UAE bank account without minimum salary
1. Abu Dhabi Commercial Bank
Formerly known as Union National Bank, this bank is the third largest bank in the United Arab Emirates and the fifth-largest bank in the entire Arab Gulf region. Right now, Abu Dhabi Commercial Bank is investing in the Egyptian market to offer various banking solutions. , in addition to banking services and products.
The Abu Dhabi Commercial Bank provides a savings account (Speed Up), which is one of the most important accounts without minimum salary, and accounts without minimum salary offer a very competitive return of up to 6.5%, which you can spend. quarterly and the refund is also calculated on any balance in the account, with the possibility of disbursing the entire proceeds through the energy ATM.
2. Flexi account
The Flexi account is one of the most important accounts that belong to the list of the best savings accounts in the UAE; As there is without minimum salary through this account Enjoy great benefits and services regardless of your account balance, earn 0.02% annual interest on an account balance up to 50k AED and 0.05% annual interest on balances between 50k AED and 100 thousand Emirati dirhams.
3. Mashreq Bank
Mashreq Bank is one of the oldest private banks in the UAE, which was established in 1967 under the title of Bank of Oman. Mashreq Bank was the first bank in the UAE to install cash change machines from ATMs, and also Mashreq Bank is the first to issue debit and credit cards and also to grant consumer loans. Mashreq Bank offers an Easy Saver account, which is a UAE bank account without minimum salary, in addition to a competitive annual return of approximately 6%.
4. Emirates NBD Bank
Emirates NBD offers savings accounts, which are one of the best savings accounts in the UAE as it does without t require a minimum income, unlike other banks, all a savings account needs is to deposit an amount of fewer than 3000 dirhams, with It is necessary that this amount remains in the deposit in the bank for at least 30 days without withdrawal process, to obtain benefit from it, and it can also be deposited in the currencies of dirhams and dollars.