Minimum age
18 years
CBD Savings Account
CBD Savings Account pays 0.1% a year on your average monthly balance, credited twice a year, and includes a free debit card. Minimum balance is AED 5,000.
At a glance
Key facts
Monthly Fee
AED 105/month below AED 5,000
Minimum BalanceAED 5,000
Account TypeSavings
CBD Savings Account is the bank's basic savings account. You can pay money in and take it out freely, use a free debit card, set up standing instructions and send transfers, so it works as a place to hold spare cash without locking it away. It is open from age 18 to UAE nationals, UAE residents and, where the bank agrees, people living outside the UAE. Besides dirhams, the account is available in major foreign currencies. If you rarely touch your savings, the CBD GreenGrowth Account pays a higher rate and has no minimum balance, in exchange for a limit of three debits a month and no card.
Who can open it
Non-residents
Can apply, subject to the bank's approval.
Fees and balance
The balance rule here matches CBD's current accounts. The bank averages your balance over the month, and if the result is under AED 5,000 it charges AED 105 for that month. The charge is dropped when any one of these is true in the month: you held the AED 5,000 average, a salary of AED 5,000 or more was transferred to CBD, you have an active CBD personal, auto or home loan, you have a funded CBD Investr account, or the account was opened as a package with a CBD credit card. Leaving early has a cost too. Closure in the first six months is AED 105, apart from the first five working days.
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
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
Interest
How interest works
PayoutHalf-yearly
Calculated onAverage monthly balance
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
- 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
- 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
Which rate applies to you
Standard rate
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 10
interest over 1 year
0.1%
a year
interest earned over time
The bank credits the standard interest twice a year, so you will see two interest entries a year, not twelve. A higher campaign rate runs alongside it. That rate is paid on fresh AED funds only, not on your whole balance.
Benefits
Free Debit Card
Chip and PIN contactless debit card for payments and ATM cash withdrawals worldwide
Standing Instructions
Standing instructions and money transfers set up from the savings account
Online and Mobile Banking
CBD Online and Mobile Banking with a Budget and Track tool and online statements
Major Currencies
Available in AED and in USD, GBP, EUR, SAR, AUD, CAD, CHF, SEK and JPY
How to open
Before you apply
1.Minimum balance: AED 5,000.
2.Debit card included.
Application steps
1.Complete CBD's account opening form.
2.If you live in the UAE, provide your Emirates ID, national passport or ID, and residence visa.
3.If you live outside the UAE, provide your national passport or ID, proof of address and bank statements.
4.Supply any additional documents the bank requests.
Good to know
Good option for
A first savings pot at CBD that you still want to reach by card or transfer, when you can hold AED 5,000 on average or already qualify for the fee waiver through your salary or a CBD loan.
Consider another account if
Earning a return is the main goal. The standard rate is 0.1% a year, so compare other savings accounts or a CBD Time Deposit before leaving a large balance here.
Applying from outside the UAE
Approval for a non-resident is the bank's decision. The document list is different: a completed account opening form, your national passport or ID, proof of address and bank statements. The bank can ask for more.
Frequently asked questions
Get answers to common questions about the CBD Savings Account