Minimum age
18 years
Wio Family Account
Wio Family Account is a joint AED account for two adults who already bank with Wio. Each lead gets cards, and children aged 8 to 17 can spend from Pockets.
An existing account with Wio is required, such as Wio Personal Current Account.
At a glance
Account access
Debit card included.
Open in the app.
An existing account with the bank is required.
A Wio Family Account is a joint account owned by two people, called Family Leads. Both must already be Wio Personal customers, and one invites the other. Each lead can use the account alone, without the other's approval, and both are responsible for every transaction on it. It is held in AED only, has its own account number and IBAN, and each lead can create debit and virtual cards on it. There is no cheque book.
Leads can also invite Family Members. A member is a UAE resident aged 8 or over who gets a virtual card, linked either to the Family Account or to a Pocket, a pot of money the lead funds and controls. Members do not need their own Wio Personal Current Account.
Who can open it
Two existing Wio Personal customers
Each Family Lead must hold a Wio Personal account before the joint account is opened.
Fees and balance
The Family Account runs on the Family Plan, which costs AED 49 a month. You pay nothing in a month when the family's average balance is AED 35,000 or more. That balance is counted across both leads and all members: personal current accounts, Saving Spaces, the Family Account, Pockets, Family Saving Spaces and investments with Wio. The fee is also waived when one Wio customer in the family transfers a salary of at least AED 15,000.
The fee is taken from the Family Account. If it does not hold enough, Wio takes it from the current account of the lead who started the Family Plan.
Monthly fee
AED 49
Waived with an average monthly balance of AED 35,000 across personal and family accounts and investments, or a salary transfer of at least AED 15,000 by one Wio customer in the family.
Account closure fee
Free
In plain words
- Fee waiver
- A waiver is a condition that cancels the fee for that month. The fee here is AED 49 a month, and it is charged only in a month when you do not meet the waiver condition. More on this
Benefits
Pockets for Children
Give a child aged 8 to 17 a Pocket with a card of their own, funded and limited by a Family Lead.
Shared Virtual Cards for Adults
Family Leads can issue virtual cards on the Family Account to adult members aged 18 or over.
Fully digital, no branch visit
Account opening
How to open
Before you apply
1.Open in the app.
2.An existing account with the bank is required.
3.Debit card included.
Good to know
Good option for
Couples or relatives who already bank with Wio and want one account for shared bills, with cards for other adults and controlled spending money for children.
Consider another account if
You need a cheque book or a joint account in a currency other than AED, or the other person is not a Wio customer. Compare current accounts.
Closing the account and disputes
Closing a Family Account needs both leads to agree. Wio does not act on a request from one lead alone, and all Pockets and Saving Spaces linked to the account must be closed first. Wio does not step into disputes between leads. If it learns of one, it can freeze the account until both leads give written instructions or a court order arrives. After closure, each lead's personal account carries on under its own plan.
Keeping the Family Plan
To keep Family Plan benefits you need an active Family Account with another lead, a Pocket for a child, or a shared card for an adult member. Without one of these, Wio moves you to the Salary Plan if you receive a salary it accepts, or to the Plus Plan, by the end of the second full month after you chose the Family Plan.
Frequently asked questions
Get answers to common questions about the Wio Family Account