Emirates Islamic Bank is one such bank offering exclusive Islamic banking products in the UAE, with the Emirates Islamic Bank zero balance accounts being among the most preferred savings accounts in the UAE.
ADCB zero balance account or the Active Saver account is a hassle-free way to boost your savings by earning a decent interest on them. This zero balance account allows you maximum flexibility by offering added benefits like extra monthly fee. ADCB zero balance account is an online account – meant to be opened and operated via online platforms only. Let’s cover the top features and benefits of the ADCB zero balance Active Saver Account and how to open it online using different platforms.
While you are required to deposit a minimum of AED/USD/GBP 1,000 at the time of opening the ADCB zero balance account, there is no need to maintain a minimum monthly balance. This allows maximum flexibility for the accountholders and helps them handle their savings without any limitations.
Since the account holders are not required to maintain a minimum monthly balance, no monthly fee is applicable on account operation. You can save as much as you like without worrying about fines levied due to low balance in your account. With zero fees related to account balance, you can focus on increasing your savings and earning high profit via tiered interest rates.
The ADCB Active Saver account offers up to 1% interest on AED accounts. The interest rates are offered in compliance with a tier system. The account holders can earn a minimum of 0.25% interest on their ADCB Active Saver account balance as per the minimum balance required for the tier.
ADCB Active Saver is an online zero balance account and hence you can easily operate it using the online banking platform offered by ADCB. The account can be opened using any one of the online means. The online banking platform of ADCB can be used to pay credit card bills, redeem your earned TouchPoints and transfer funds as well.
This ADCB zero balance account can be opened in three different currencies – AED, GBP and USD. The account holders can open one Active Saver account in each currency. The initial deposit balance you need to send in remains equal for all currencies – AED/USD/GBP 1000.
There are four different ways to open an ADCB zero balance account online from the comfort of your home. We’ve compiled a list of steps that you can follow to open an ADCB Zero Balance Account online:
Q1: How can I open an ADCB account with zero balance?
Ans: ADCB zero balance account, the Active Saver account can only be opened using online platforms, via SMS and via contact centres.
Q2: What currencies I can use for ADCB zero balance account opening?
Ans: You have options to use AED, USD or GBP as your currency for this ADCB zero balance account.
Q3: What is the minimum initial deposit required for ADCB zero balance account opening?
Ans: The minimum initial deposit required for ADCB zero balance account opening is AED/USD/GBP 1000.
Q4: Can I open more than one ADCB Active Saver account online?
Ans: You can open only one ADCB Active Saver account per currency.
Q5: How can I operate my ADCB zero balance account?
Ans: Your ADCB Active Saver account can only be operated using online platforms like net banking.