United Arab Bank Salary Account

The United Arab Bank offers a salary transfer account where all the customers who have a minimum salary of 12,500 dirhams can enjoy Bonus Salary Transfer Rewards equal to the amount of salary transferred to the UAB Salary Account. These rewards get transferred to the UAB Rewards Account in the week following the first transfer of salary or on activating the credit card (whichever happens later).

United Arab Bank Salary Account - Features and Benefits

With this bank account, the account holder can avail a host of features and benefits by transferring their salary. Here are some of these features and benefits.

Minimum Salary

The account holder must have a minimum salary of 12,500 dirhams to be eligible for opening this bank account.

Rewards

On having a minimum salary of 12,500 dirhams, the account holder can enjoy Bonus Salary Transfer Rewards equal to the amount of salary transferred to the United Arab Bank Salary Account.

Transfer of Rewards

These bonus rewards get transferred to the UAB Rewards Account in the week following the first transfer of salary or on activating the credit card (whichever happens later).

Mandatory Form

In order to be eligible for these bonus rewards, a declaration form is to be signed by the account holder along with a form for product application.

Credit Card Limit

The account holder must have a credit card with a minimum limit of 10,000 dirhams. They must spend at least 10,000 dirhams on their credit card within six months of the issuance date.

Eligibility Criteria to Open a UAB Salary Account in UAE

The applicant has to fulfill certain eligibility criteria for opening a bank account in the UAE. Here are a few of these eligibility requirements that the applicant has to fulfill for United Arab Bank Salary Account Opening.

  1. Minimum Salary: 12,500 dirhams
  2. Salary Transfer: Compulsory
  3. Credit Card: Issue Credit card having 10,000 dirhams as the minimum limit
  4. Credit Card Transaction: Spend 10,000 dirhams on UAB Credit Card in six months from the issuance date

How to Open a United Arab Bank Salary Account?

The procedure for opening any bank account with the UAB is as easy as it can get. The applicant looking forward to opening the account may use the below-mentioned channels to for open a UAB Salary Transfer Account.

Phone Banking

The applicant can call on the customer care number of the bank for putting forward their bank account opening request.

Online Banking

The bank has a user-friendly & secure net banking portal using which the applicant can avail the option of opening a suitable bank account.

Mobile Banking

The UAB has a mobile banking app that can easily be downloaded from the App Store on iOS devices and Google Play store on Android devices. The applicant may get their accounts open through the UAB mobile application.

Branch Visit

If none of these digital banking platform suits the applicant, they can visit the nearest branch of the bank with suitable documents for getting a United Arab Bank Salary Account open.

How to Close a United Arab Bank Salary Account?

For closing any bank account, the account holder will have to transfer all the existing account balance to another bank account in their name.

If there is no balance in the account, it will be closed after the closure request has been put forward. If there is some balance in the account, then it will be closed only after the balance has been transferred to another account.

The bank charges an account closure charge of 100 dirhams from the account holder for closing a UAB Salary Account.

United Arab Bank Salary Account - FAQs

Question 1: What is the minimum salary required for opening this bank account?

Answer: You must have a minimum salary of 12,500 dirhams to be eligible for opening this bank account.

Question 2: What should be the minimum limit of my credit card for this account?

Answer: You must have a credit card with a minimum limit of 10,000 dirhams.

Question 3: What is the minimum amount that I should have spent on this credit card?

Answer: You must have spent at least 10,000 dirhams on your credit card within six months of the issuance date.

Question 4: What are the mandatory forms required for receiving bonus rewards on this UAB Salary Account?

Answer: In order to be eligible for these bonus rewards, you need to sign the declaration form along with a form for product application.

Question 5: How much time would it take for the bonus rewards to get transferred to my UAB Rewards Account?

Answer: These bonus rewards get transferred to your UAB Rewards Account in the week following the first transfer of salary or on activating the credit card (whichever happens later).

For example:

If you make your first salary transfer on the fifth of the month. Your credit card gets activated on the tenth of that month.

In this case, the bonus UAB rewards will get transferred to your UAB Rewards Account on or before seventeenth of that very month.

Question 6: Do I have to pay any fee for closing this United Arab Bank Salary Account?

Answer: Yes, the bank will charge an account closure fee of 100 dirhams from you for closing this salary account.

Question 7: If I cancel my credit card from UAB in the first six months of receiving it, will I be eligible for this account?

Answer: No, you will not be eligible for this account in such a situation.