Existing ADCB account
You need an active ADCB Current or Savings Account to link the deposit to.
ADCB Online Century Deposit
ADCB Online Century Deposit is a fixed deposit booked in the app for 50 to 500 days, paying 2.25% to 2.65% a year at maturity. The minimum is AED 5,000.
An existing account with ADCB is required, such as ADCB Current Account.
At a glance
Account access
No debit card included.
Open in the app.
An existing account with the bank is required.
The ADCB Online Century Deposit is a fixed deposit you book yourself in the ADCB mobile app or Personal Internet Banking. Its terms are counted in days instead of months: 50, 75, 100, 200, 375, 400 or 500. That lets you match a deposit to a date that falls between the usual monthly terms. You put in AED 5,000 or more from your ADCB Current or Savings Account, the rate is fixed on the day you book, and the money and interest come back at the end. If you would rather pick a term in whole months, see the standard ADCB Fixed Deposit.
Who can open it
Fees and balance
Minimum deposit
AED 5,000
Interest
Interest is paid at maturity. No interest if redeemed before 50 days. Later early redemption uses the lower of the actual-tenor interest rate minus 1% per annum and the booking-tenor interest rate minus 1% per annum, paid for the actual days held. Any excess interest already paid is recovered from the linked account.
Available deposit tenures
| Tenure | Annual rate |
|---|---|
| 50 days | 2.65% |
| 75 days | 2.65% |
| 100 days | 2.55% |
| 200 days | 2.45% |
| 375 days | 2.25% |
| 400 days | 2.25% |
| 500 days | 2.25% |
| Tenure | Annual rate |
|---|---|
| 50 days | 2.65% |
| 75 days | 2.65% |
| 100 days | 2.55% |
| 200 days | 2.45% |
| 375 days | 2.25% |
| 400 days | 2.25% |
| 500 days | 2.25% |
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
- Tenure
- The length of time you agree to leave the deposit in place. You choose it when you open the deposit, and the rate you get depends on the tenure you pick. More on this
- Paid at maturity
- Maturity is the day the term you chose ends. The interest is paid then, together with the amount you deposited. More on this
What your money earns here
Tenure
500 days
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 308
interest over 500 days
2.25%
a year
interest earned over time
Shorter terms pay more here. The lock-in is firmer than on a monthly deposit: redeem before 50 days and no interest is paid.
Benefits
Booked Online
Opened through the ADCB mobile app or Personal Internet Banking.
Day-Count Terms
Seven terms measured in days, from 50 to 500.
How to open
Before you apply
1.Open in the app.
2.An existing account with the bank is required.
3.Minimum deposit: AED 5,000.
4.No debit card included.
Application steps
1.Make sure you hold an active ADCB Current or Savings Account.
2.Log in to the ADCB mobile app or Personal Internet Banking.
3.Go to Fixed Deposits and choose to open a new deposit.
4.Select the Online Century Deposit, the amount and a term in days, then confirm.
Good to know
Good option for
Existing ADCB customers who want to book a deposit online and need the money back on a specific day, roughly two months to a year and a half away.
Consider another account if
You are choosing a longer term for a higher rate. On this deposit the terms beyond a year pay the lowest rate.
Frequently asked questions
Get answers to common questions about the ADCB Online Century Deposit