Tiered Savings Account
Take advantage of high interest rates offered by the Tiered Savings Account that also comes with the convenience of a free international ATM/debit card. The greater the balance you maintain, the more attractive the interest rates get. Also, avail various other banking services that can meet your needs.
Complete Account Opening Form in addition to the following (check where applicable)
For Individual & Joint account (UAE Nationals)
- Copy of passport(s) and original passport(s) for validation
- Salary Certificate (in case of salary transfer accounts); in the absence of a Salary Certificate, any one of the following documents may be obtained:
- Appointment Letter / Contract Copy
- Pay slip (< 3 month old)
- Consolidated letter from HR for bulk accounts
- Most recent statement of account where customer's salary is being transferred
For Individual & Joint account (Residents)
- Copy of passport(s), including residence visa page; as well as original passport(s) for validation
- Sponsor's letter of no objection
- Salary Certificate (in case of salary transfer accounts); in the absence of a Salary Certificate, any one of the following documents may be obtained:
- Appointment Letter / Contract Copy
- Pay slip (< 3 month old)
- Consolidated letter from HR for bulk accounts
- Most recent statement of account where customer's salary is being transferred
For Individual & Joint account (GCC Nationals)
- Copy of passport(s) and original passport(s) for validation
- Telephone/Electricity Bill
For Individual & Joint account (Non-Residents)
- Copy of passport(s) and original passport(s) for validation
| Product | Interest rates (p.a.) | Interest calculation based on | Interest Pay-out (credit to account) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tiered Savings Account - AED |
|
Daily closing balances | Monthly | ||||||||||
| Tiered Savings Account - USD |
|
Daily closing balances | Monthly | ||||||||||
| Tiered Savings Account - SAR |
|
Daily closing balances | Monthly | ||||||||||
| Tiered Savings Account - QAR |
|
Daily closing balances | Monthly |
Terms and Conditions apply. Interest rates are subject to change.

