Residency
UAE resident or national
ADCB Active Saver Account
ADCB Active Saver is an online savings account paying interest monthly on your daily balance, from 0.4% to 2.25% a year by tier. Existing customers only.
An existing account with ADCB is required, such as ADCB Current Account.
At a glance
Key facts
Monthly FeeFree to AED 100/month
Minimum SalaryNo minimum salary
Interest PayoutMonthly
Account access
No debit card included.
An existing account with the bank is required.
The ADCB Active Saver is a savings pot you open online next to your main ADCB account. It has no debit card and no cheque book. You transfer money in from your current or savings account and transfer it back when you need it. In return it pays more than the standard ADCB Savings Account, and the rate depends on how much you keep in it. It is only for people who already bank with ADCB, and it is held in your name alone. The opening amount for a dirham account is AED 1,000.
Who can open it
Minimum salary
No minimum
Salary transfer
Not required
Existing ADCB account
You must already hold an ADCB Current or Savings Account.
Sole ownership
Cannot be opened as a joint account.
Fees and balance
Opening an Active Saver does not add a separate monthly fee. ADCB's relationship fee still applies to you as a customer, and it is the same fee your main account is already subject to. It is waived when your total relationship balance is AED 20,000 or more, when a salary of AED 15,000 or more is credited directly by your employer, or when a smaller salary arrives alongside an ADCB credit card, overdraft or loan. If none of that applies, expect AED 25 a month with a smaller salary transfer or AED 100 a month otherwise. Closing an account after 30 days and within six months of opening costs AED 105.
Monthly fee
Free
Total relationship balance of AED 20,000 or more, a salary transfer of AED 15,000 or more, or a smaller salary transfer with an ADCB credit card, overdraft or loan.
Monthly fee
AED 25
Salary transfer under AED 15,000 without an ADCB credit card, overdraft or loan.
Monthly fee
AED 100
Every other Aspire customer.
Account closure fee
AED 105
Charged only within 6 months of opening. Waived within 30 days.
In plain words
- Fee levels
- The monthly fee has more than one level. The condition you meet decides which one applies, and you pay that one level only, never the levels added together. More on this
- Account closure fee
- A one-off charge of AED 105 for closing the account within 6 months of opening it. Closing it later costs nothing. Closing within the first 30 days carries no charge either. More on this
Interest
Annual interest rate
| Your balance | Rate a year |
|---|---|
| Up to AED 200,000 | 0.4% |
| Above AED 200,000, up to AED 750,000 | 1% |
| Above AED 750,000, up to AED 2,000,000 | 1.75% |
| Above AED 2,000,000, up to AED 5,000,000 | 2.25% |
| Above AED 5,000,000, up to AED 20,000,000 | 2% |
| Above AED 20,000,000 | 0.2% |
| Your balance | Rate a year |
|---|---|
| Up to AED 200,000 | 0.4% |
| Above AED 200,000, up to AED 750,000 | 1% |
| Above AED 750,000, up to AED 2,000,000 | 1.75% |
| Above AED 2,000,000, up to AED 5,000,000 | 2.25% |
| Above AED 5,000,000, up to AED 20,000,000 | 2% |
| Above AED 20,000,000 | 0.2% |
PayoutMonthly
Calculated onEnd-of-day balance
In plain words
- Annual rate
- The rate is quoted for a full year. Money held for part of a year earns the matching part of it. More on this
- Balance bands
- The rate changes with how much you hold. Each band is a range of balance with its own rate. More on this
- Which balance counts
- The return is worked out each day on what is in the account at the end of that day, so money counts from the day it arrives until the day it leaves. More on this
What your money earns here
Held for
1 year
The amount and the rate stay the same for the whole period, and the interest is paid out, not added to the balance. Try other rates
AED 40
interest over 1 year
0.4%
a year on this balance
interest earned over time
ADCB looks at your closing balance every day, finds the tier it falls in, and uses that tier's rate for the day. Because the balance is read daily, money earns from the day it arrives and stops earning the day it leaves.
Benefits
Tiered Interest Rates
The rate rises with the daily balance, up to 2.25% a year.
Three Currencies
Active Saver accounts are available in dirhams, US dollars and British pounds.
Online Opening
Existing customers open it in the mobile app or Personal Internet Banking.
How to open
Before you apply
1.An existing account with the bank is required.
2.No minimum salary.
3.Salary transfer is not required.
4.No debit card included.
Application steps
1.Open an ADCB Current or Savings Account first if you do not have one.
2.In the ADCB mobile app, go to Accounts & Deposits and choose New account.
3.Select Current/Savings account and follow the on-screen instructions for the Active Saver.
4.Or log in to ADCB Personal Internet Banking, choose Open New Account and pick the Active Saver from the list.
5.Transfer money in from your existing account.
Good to know
Good option for
Existing ADCB customers who move money in and out often and want every day's balance to count toward interest.
Consider another account if
You hold less than AED 200,000 and can keep it steady. The Super Saver pays more on balances from AED 50,000.
Frequently asked questions
Get answers to common questions about the ADCB Active Saver Account