Minimum salary
No minimum
ADCB Cashback Account
ADCB Cashback Account pays up to 2% a year on a monthly average balance from AED 50,000, plus capped cashback on debit card spend of AED 1,500 a month.
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 Cashback Account is a savings account that pays you in two ways. It pays interest on the balance you keep in it, and it pays cashback on what you spend with your ADCB debit cards. The account itself does not issue a debit card. The spend that counts is on the cards linked to your other ADCB accounts, which is why you need an existing ADCB Current Account or savings account before you can open it. It is available in dirhams only and in your name only. The opening amount is AED 1,000.
Who can open it
Salary transfer
Not required
Existing ADCB account
You must already hold an ADCB Current or Savings Account.
Sole ownership
Cannot be opened jointly, for a minor, or on behalf of someone else.
Fees and balance
The Cashback Account carries no fee of its own. As an ADCB customer you fall under one relationship fee, set by your whole relationship with the bank. Anyone holding the AED 50,000 needed for cashback is already past the AED 20,000 total relationship balance that makes the fee zero. Below that, the fee is waived by a salary of AED 15,000 or more credited directly, or by a smaller salary combined with an ADCB credit card, overdraft or loan. Failing those, it is AED 25 a month with a smaller salary transfer and AED 100 a month without one. Closing 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
Cashback requires monthly debit card spend of at least AED 1,500 and monthly average balance of at least AED 50,000. Monthly cashback caps: Bronze AED 250, Silver AED 750 and Gold AED 1,500.
Annual interest rate
| Your balance | Rate a year |
|---|---|
| Below AED 50,000 | 0% |
| From AED 50,000, below AED 200,000 | 1% |
| From AED 200,000, below AED 500,000 | 1.5% |
| From AED 500,000 | 2% |
| Your balance | Rate a year |
|---|---|
| Below AED 50,000 | 0% |
| From AED 50,000, below AED 200,000 | 1% |
| From AED 200,000, below AED 500,000 | 1.5% |
| From AED 500,000 | 2% |
PayoutMonthly
Calculated onAverage monthly 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 on your average balance across the month, so money held for only part of the month counts in proportion. 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 500
interest over 1 year
1%
a year on this balance
interest earned over time
The balance tiers are Bronze from AED 50,000, Silver from AED 200,000 and Gold from AED 500,000. Cashback needs two things in the same month: a monthly average balance in one of those tiers, and more than AED 1,500 of eligible spend across your debit cards. Both interest and cashback are credited in the first week of the following month.
Benefits
Cashback on Debit Card Spend
Cashback on eligible spend across all your ADCB debit cards, capped by balance tier.
Tiered Interest
Interest of up to 2% a year on the monthly average balance.
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.
Good to know
Good option for
ADCB customers who can leave AED 50,000 or more in the account and already put AED 1,500 or more a month through their debit cards.
Consider another account if
Your balance would sit under AED 50,000. The account then pays neither interest nor cashback. Compare other savings accounts.
Spend that does not earn cashback
ATM withdrawals, balance transfers, wallet loads, money transfers, bank charges on the card and purchases later reversed by the merchant are left out, both from the AED 1,500 threshold and from the cashback. Cashback Account transactions also do not earn ADCB TouchPoints.
Frequently asked questions
Get answers to common questions about the ADCB Cashback Account