Residency
UAE resident or national
CBD Current Account
CBD Current Account is an everyday AED account with a free debit card and a cheque book. An AED 5,000 average balance or a salary transfer avoids the fee.
At a glance
Key facts
Monthly Fee
AED 105/month below AED 5,000
Minimum BalanceAED 5,000
Account TypeCurrent
CBD Current Account is the bank's standard account for daily money: salary, bills, card spending and transfers. It comes with a free debit card, a cheque book, and CBD Online and Mobile Banking, including a Budget and Track tool for following your spending. You do not need an opening deposit, and moving your salary to CBD is optional. For money you want to earn a regular return on, CBD has a separate Savings Account and a GreenGrowth Account. If you would rather open from your phone, the Digital Current Account follows the same balance rule.
Who can open it
Salary transfer
Not required
Fees and balance
The account has one recurring charge to watch. In a month when your average balance is under AED 5,000, the bank charges AED 105. You avoid it by meeting any one of five conditions that month: keeping the AED 5,000 average, having a salary of AED 5,000 or more paid into CBD, holding an active CBD personal, auto or home loan, linking a funded CBD Investr account, or having opened the account as a bundle with a CBD credit card. One is enough. Closing the account inside its first six months costs AED 105, unless you close in the five working days after signing, when the bank refunds closure charges. The first cheque book costs AED 105 and later ones AED 157.50 each.
Minimum balance
AED 5,000
Monthly fall-below fee
AED 105
How to avoid the monthly fee Meet any one of these conditions.
- Keep a balanceAverage monthly balance of AED 5,000 or more
- Other exemptionsNot charged in a month with a salary transfer of AED 5,000 or more, an active CBD personal, auto or home loan, a funded CBD Investr account, or an account opened together with a CBD credit card
Minimum opening amount
None
Account closure fee
AED 105
Charged only within 6 months of opening. Waived within 5 working days.
In plain words
- Fall-below fee
- A monthly charge for holding less than the balance the bank asks for. Here it is AED 105, charged in a month when your average balance for the month is under AED 5,000. The average is taken over every day of the month, so a few low days do not trigger the fee on their own. It is not charged in a month when you stay at or above that amount. 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 5 working days carries no charge either. More on this
- Opening amount and minimum balance
- The opening amount (AED 0) is what you pay in to start the account. The minimum balance is what you keep in it afterwards. More on this
Interest
How interest works
Eligible balanceFrom AED 10,000 · Up to AED 100,000,000
Eligible fundsNew-to-bank funds compared with September 2026
Offer periodFrom 1 October 2026 to 31 January 2027
- Fresh AED funds only, after opting in from your registered mobile number by SMS INDP to 4266. The eligible incremental average balance is the lower of the uplift in Current/Savings balances and the uplift in total Current/Savings/Term Deposit relationship balances over September 2026, with a minimum AED 10,000 and a cap of AED 100 million. Internal CBD transfers and staff balances are excluded. Paid within 30 calendar days after the campaign ends; the account must remain active for payout.
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
- New funds
- Money you add on top of what you already held with the bank. A rate marked for new funds is paid on that added amount only, not on your existing balance. More on this
- Conditional rate
- A rate that applies only while you meet the condition listed beside it. When the condition is not met, that rate is not paid. More on this
What your money earns here
Held for
1 year
Fresh AED funds only, after opting in from your registered mobile number by SMS INDP to 4266. The eligible incremental average balance is the lower of the uplift in Current/Savings balances and the uplift in total Current/Savings/Term Deposit relationship balances over September 2026, with a minimum AED 10,000 and a cap of AED 100 million. Internal CBD transfers and staff balances are excluded. Paid within 30 calendar days after the campaign ends; the account must remain active for payout. Offer runs to 31 January 2027.
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 190
interest over 1 year
6.25%
a year for the first 4 months
interest earned over time
The only rate attached to this account is a campaign rate, and it works differently from ordinary interest: it is paid on the increase in your balance from new money you bring to the bank, not on your whole balance. The increase is measured across your current and savings accounts and across your whole relationship including time deposits, and the lower figure counts, so moving money out of a CBD deposit into this account earns nothing.
Benefits
Free Debit Card
Chip and PIN contactless debit card for payments and ATM cash withdrawals worldwide
Cheque Book
Cheque book with images of your cheques shown in online banking statements
Online and Mobile Banking
CBD Online and Mobile Banking with a Budget and Track tool for following your expenses
Instant Remittance
Instant remittance to India, Pakistan, Bangladesh and the Philippines
How to open
Before you apply
1.Salary transfer is not required.
2.Minimum balance: AED 5,000.
3.Debit card included.
Application steps
1.Check that you are a UAE national or UAE resident.
2.Complete CBD's account opening form, on paper or digitally.
3.Provide your national ID or valid passport, your residence visa and your Emirates ID.
4.Start using the account. No initial deposit is required.
Good to know
Good option for
Day-to-day banking in dirhams when you can keep AED 5,000 in the account on average, have a salary of AED 5,000 or more to transfer, or already hold a CBD loan.
Consider another account if
Your balance will often sit under AED 5,000 and none of the waiver conditions fit you. A month like that costs AED 105, so start with accounts that have no minimum balance.
Cooling-off period
You have five full business days from signing to change your mind. If you close the account in that time, the bank refunds any closure charges. Transfers and currency exchange are not covered, because they are processed as soon as you send them.
Frequently asked questions
Get answers to common questions about the CBD Current Account