This FAB Account Types Guide covers First Abu Dhabi Bank’s personal-banking products in the UAE. FAB offers conventional current accounts, savings accounts, fixed and Smart Deposits, as well as separate Shariah-compliant Islamic accounts. Your choice depends on whether you need everyday banking, savings access, travel rewards, multiple currencies or a fixed-term deposit. FAB’s personal accounts overview
The information below was checked on 3 September 2026. Account eligibility, fees, interest rates, profit rates and promotional offers can change, so always review the latest Key Facts Statement before applying.
FAB Account Types at a Glance
| Account category | Main FAB options | Suitable for | Main point to check |
| Everyday current accounts | Personal Current Account | Salary, payments, transfers and cheque access | Minimum balance and account fees |
| Rewards and travel accounts | FAB One, FAB Etihad Guest Account | Customers interested in rewards or Etihad Guest miles | Salary or initial deposit requirements |
| Elite accounts | Elite Current, Etihad Guest Elite | Customers meeting premium banking criteria | Salary, mortgage or Total Relationship Balance |
| Savings accounts | Personal Savings, iSave, Elite Savings, Personal Call | Accessible savings and interest earnings | Currency, card access and balance rules |
| Term deposits | Fixed Deposit, Smart Deposit | Money that can remain invested for an agreed term | Minimum deposit and early withdrawal rules |
| Islamic accounts | Islamic Current, Islamic Savings, Islamic Investment Deposit and Elite Islamic products | Shariah-compliant banking | Profit-sharing and investment structures |
FAB’s conventional account range is divided mainly into current and savings products, while its Islamic banking division offers separate account structures. FAB Islamic account types
FAB Current Account Types
Current accounts are designed for regular banking activity such as salary credits, card payments, cash withdrawals, transfers and cheque transactions. FAB’s current-account Key Facts Statement says credit balances do not earn interest, which makes these accounts more suitable for daily access than for growing spare cash. FAB current-account Key Facts Statement
Personal Current Account
The Personal Current Account is intended for standard everyday banking. It includes a FAB Mastercard debit card, a first cheque book and airport lounge access through eligible cards. FAB lists the product for UAE residents, including salaried, self-employed and non-salaried customers.
The current-account Key Facts Statement lists a minimum age of 21, multiple currency options and a minimum daily balance of AED 3,000 or its equivalent for the standard personal current account. The bank’s fee schedule may apply a monthly charge when a required minimum balance is not maintained. Personal Current Account
FAB One Account
FAB One is an AED current account built around rewards and everyday spending. It has no minimum balance charges, provides a free Platinum Mastercard debit card and allows customers to earn FAB Rewards on eligible purchases and average account balances.
FAB lists UAE residency as an eligibility requirement. Salaried applicants need a minimum monthly salary of AED 10,000, while non-salaried applicants need a minimum initial deposit of AED 10,000. There is no minimum balance requirement for keeping the account, but an average monthly balance of AED 10,000 is required to earn rewards on the balance. FAB One Account
FAB Etihad Guest Account
The FAB Etihad Guest Account combines current-account facilities with Etihad Guest travel rewards. It may suit customers who transfer their salary to FAB, use a debit card frequently or regularly send money overseas.
Key features listed by FAB include:
- No minimum balance requirement
- 500 bonus Etihad Guest miles on the first salary transfer
- A free first cheque book
- One FAB-charge-free international remittance per month through eligible AED SWIFT transfers
- Four free local fund transfers per month
- Etihad Guest miles on qualifying debit-card spending
The salary requirement is AED 10,000 per month, or non-salaried applicants can meet the requirement through an initial deposit of AED 10,000. The account’s balance-based mileage benefit requires an average monthly balance of AED 10,000. FAB Etihad Guest Account
Elite Current Account
The Elite Current Account is designed for customers who meet FAB’s premium banking criteria. It offers multi-currency banking, unlimited cheque books, a free Elite World debit card and one FAB-charge-free international remittance per month through eligible AED SWIFT transfers.
Elite eligibility can be based on:
- Total Relationship Balance of AED 500,000
- Mortgage finance of AED 2.5 million
- Salary transfer of AED 50,000
Total Relationship Balance, or TRB, includes current and savings balances, call accounts, fixed deposits and investments. The account also includes higher debit-card limits, free UAE ATM withdrawals and selected airport lounge benefits. Elite Current Account
FAB Etihad Guest Elite Account
This account combines Elite banking criteria with enhanced Etihad Guest benefits. FAB lists no minimum balance requirement, four free local fund transfers per month, unlimited cheque books and 1,000 bonus Etihad Guest miles on the first salary transfer.
The account uses an Etihad Guest Signature debit card and provides higher mileage earning on eligible local, international and Etihad-related spending. FAB lists a Total Relationship Balance of AED 500,000 or above for this product. Promotional mileage campaigns are time-sensitive, so confirm the current offer before applying. FAB Etihad Guest Elite Account
FAB Savings Account Types
FAB’s conventional savings range includes Personal Savings, iSave, Elite Savings and Personal Call Accounts. The main differences are the minimum balance, available currencies, debit-card access and how interest is calculated or paid. FAB savings-account Key Facts Statement
| Account | Access and currencies | Balance rules | Card and return features |
| Personal Savings Account | AED and other major currencies | AED 3,000 or equivalent under product terms | Debit card and interest subject to prevailing rates |
| iSave Account | Online, AED only | No minimum balance | No debit card or cheque book; monthly interest |
| Elite Savings Account | Multi-currency | No minimum balance, but AED 3,000 is needed to earn interest | World Mastercard debit card and rewards |
| Personal Call Account | AED and other major currencies | AED 3,000 or equivalent under product terms | Interest with access to funds; no debit card |
Personal Savings Account
The Personal Savings Account is a conventional savings account for customers who want access to their money while earning interest under the bank’s prevailing rates. FAB lists availability in AED and other major currencies, a debit card and airport lounge access through eligible cards.
The product page lists a balance requirement of AED 3,000 or its equivalent. It is available to UAE nationals, GCC nationals, resident expatriates and non-residents, subject to FAB’s checks and documentation. The product page lists a minimum age of 18. Personal Savings Account
iSave Account
iSave is FAB’s online savings account. It is available in AED, has no minimum balance requirement and does not restrict the number of withdrawals. The account does not provide a debit card or cheque book, making it more suitable for saving money separately from everyday spending.
Interest is calculated using the average monthly balance and credited monthly. iSave is available only to individual UAE residents with a valid Emirates ID. Existing FAB customers can apply through FAB Mobile or Online Banking. FAB iSave Account
Important iSave Rate Update
FAB’s iSave page still displays a promotional rate of 4.00% per year on new funds, but the stated campaign period ended on 31 August 2026. Therefore, that headline should not be presented as a live September 2026 offer without confirmation from FAB.
The iSave Key Facts Statement explains that rates are tiered by balance bands and that the effective rate depends on the average monthly balance. Check the current rate shown in FAB Mobile or the latest official rate sheet before transferring funds. iSave Key Facts Statement
Elite Savings Account
Elite Savings is a multi-currency account for customers who qualify for FAB Elite banking. It has no minimum balance requirement for keeping the account, but FAB states that the balance should not fall below AED 3,000 during the month to earn interest.
The account provides an Elite World Mastercard debit card, free cash withdrawals in the UAE, selected international ATM withdrawals and FAB Rewards on eligible debit-card spending. Elite eligibility is based on a TRB of AED 500,000, mortgage finance of AED 2.5 million or salary transfer of AED 50,000. Elite Savings Account
Personal Call Account
The Personal Call Account is designed for customers who want interest on their balance while retaining access to their money. It is available in AED and other major currencies and can be opened by UAE residents and non-residents, subject to the bank’s requirements.
The savings-account Key Facts Statement lists a minimum balance of AED 3,000 or its equivalent and states that no debit card is provided for this account. Interest is paid monthly under the product terms. Personal Call Account
FAB Fixed Deposit and Smart Deposit Accounts
Term deposits are different from current and savings accounts because the money is placed for an agreed period. FAB states that deposit rates are subject to change and should be checked at the time of booking. FAB Term Deposit Key Facts Statement
| Product | Minimum deposit | Available terms | Interest payout |
| Fixed Deposit | AED 5,000 or USD 1,500 equivalent | 7 days to 12 months | At maturity |
| Smart Deposit | AED 30,000 or USD 10,000 equivalent | 2, 3, 4, 5, 7 or 10 years | Monthly, half-yearly or at maturity |
Fixed Deposit
FAB Fixed Deposits are available in major currencies, with terms ranging from seven days to 12 months. A current, savings or call account with FAB is required for funding. Joint ownership is allowed.
Partial withdrawals are not permitted. FAB may allow full early withdrawal at its discretion, but the customer may receive a lower rate and pay a AED 100 premature withdrawal fee. If the deposit is withdrawn within seven days, no interest is paid. FAB Fixed Deposits
Smart Deposit
Smart Deposit is intended for longer-term saving. Terms are available for two, three, four, five, seven and ten years, with currencies including AED, USD, GBP and EUR.
Interest can be paid monthly, twice a year or at maturity. The deposit must generally remain in place for at least six months to earn interest. Early withdrawal may lead to a lower rate, a AED 100 fee and recovery of excess interest already paid. FAB Smart Deposit
FAB Islamic Account Types
FAB Islamic offers Shariah-compliant alternatives to conventional banking products. The main structures are:
- Qard Hasan: Used for Islamic current accounts. The account is non-profit-bearing.
- Mudarabah: Used for Islamic savings accounts, where profit is distributed according to the agreed structure and investment performance.
- Wakalah: Used for certain Islamic investment deposits, where profit is anticipated and linked to the investment arrangement.
| Islamic product | Main purpose | Important conditions |
| Islamic Current Account | Everyday payments, salary credit and withdrawals | Minimum balance of AED 3,000; minimum age 21 |
| Islamic Savings Account | Accessible Shariah-compliant savings | Minimum average balance of AED 3,000; minimum age 18 |
| Elite Islamic Current and Savings | Premium Islamic banking | Salary, deposit or property-finance eligibility applies |
| Islamic Investment Deposit | Shariah-compliant term investment | Wakalah minimum AED 500,000; Mudarabah minimum AED 10,000 |
| Amana Islamic Account | Flexible Mudarabah-based account | Major currencies and daily banking access |
The Islamic Current Account provides a debit card, first cheque book, major currency access and regional ATM access. FAB lists it for UAE nationals, GCC nationals and resident expatriates aged 21 or above. FAB Islamic Current Account
The Islamic Savings Account is based on Mudarabah and offers anticipated profit rather than conventional interest. FAB lists it for UAE nationals, GCC nationals and resident and non-resident expatriates. Profit distribution depends on the applicable terms and may vary. FAB Islamic Savings Account
Islamic Investment Deposits are available for one to 12 months. FAB states that investment deposits are not guaranteed by the bank, and early withdrawal may reduce the customer’s return or investment proceeds. FAB Islamic Investment Deposit
The Islamic Savings page also displays an anticipated 4.00% campaign rate that was valid only until 31 August 2026. Confirm the current profit distribution rate before applying.
How to Choose the Right FAB Account
- Choose a Personal Current Account if you need regular salary credits, payments, transfers, cash access and cheque services.
- Consider FAB One if you are a UAE resident who meets the AED 10,000 salary or deposit requirement and want FAB Rewards.
- Choose the FAB Etihad Guest Account if Etihad Guest miles and international remittance benefits are important.
- Consider an Elite Current or Elite Savings Account if you meet FAB’s premium salary, mortgage or relationship-balance criteria.
- Choose iSave if you want an AED-only online savings account without a debit card or minimum balance requirement.
- Choose a Personal Savings or Personal Call Account if you need access to multiple currencies.
- Choose a Fixed Deposit for money you can lock for up to 12 months.
- Choose a Smart Deposit for longer-term funds and optional periodic interest payments.
- Choose an Islamic account if you prefer Qard Hasan, Mudarabah or Wakalah structures.
FAB Account Eligibility and Required Documents
FAB says account eligibility varies by product. UAE nationals and residents can apply for eligible personal accounts, while some savings, call, fixed-deposit and Islamic savings products also list non-resident eligibility. FAB account eligibility information
Common requirements may include:
- Valid passport
- UAE residence visa, where applicable
- Emirates ID
- Proof of income or salary certificate
- Completed account-opening form
- Initial deposit, salary transfer or relationship-balance evidence for selected products
Additional documents may be requested depending on nationality, residency, employment status, account type and compliance checks.
How to Open a FAB Account
- Select the account based on your intended use, currency and balance.
- Check the product eligibility rules and minimum balance.
- Prepare your Emirates ID, passport, visa and proof of income if required.
- Apply through FAB Mobile when the selected product is available digitally.
- Complete identity and security verification.
- Read the Key Facts Statement, fees and account terms before funding the account.
- Set up salary transfer, debit-card controls and account alerts if required.
FAB states that new customers can select an eligible product in FAB Mobile and apply using their Emirates ID. Existing customers can also open iSave through FAB Mobile or Online Banking. FAB Mobile banking
FAB Fees, Minimum Balances and Rate Checks
Do not confuse a waived minimum-balance charge with a completely unrestricted account. Some accounts have no minimum balance requirement but still require a certain average balance to earn rewards, miles or interest.
FAB’s conventional Service & Price Guide, updated in July 2026, lists the following examples:
| Fee or condition | Published information |
| Account opening | Free |
| Required balance for applicable personal accounts | AED 3,000 or equivalent |
| Minimum-balance breach | AED 26.25 per month where applicable |
| Early account closure | AED 105 if closed within six months |
| Other-bank ATM in UAE | AED 2.10 per transaction, subject to account exemptions |
| Other-bank ATM in GCC | AED 6.30 per transaction |
| Other-bank ATM internationally | AED 21 per transaction |
| International debit-card processing | 2.1% plus applicable card-scheme charges |
These figures are maximum or standard schedule amounts, and selected FAB account packages include free withdrawals or remittances. Review the account-specific Key Facts Statement and current fee schedule before applying. FAB Service & Price Guide
Frequently Asked Questions
What are the main FAB account types in the UAE?
FAB offers Personal Current, FAB One, Etihad Guest, Elite and Etihad Guest Elite current accounts. Its savings range includes Personal Savings, iSave, Elite Savings and Personal Call Accounts. FAB also offers Fixed Deposits, Smart Deposits and Islamic account products.
Which FAB account is suitable for salary transfer?
FAB’s salary-transfer page states that customers can transfer their salary to any eligible FAB account. Personal Current, FAB One, Etihad Guest and Elite accounts may suit different salary and banking profiles, so check the exact criteria before applying. FAB Salary Transfer Account
Can I open a FAB account without maintaining AED 3,000?
Yes. iSave, FAB One, Etihad Guest and several Elite products list no minimum balance requirement or no minimum-balance charges. However, reward, mileage and interest conditions may still require a specific average balance.
Is the FAB iSave 4% rate still available in September 2026?
FAB’s published 4.00% campaign period ended on 31 August 2026. Check the current rate in FAB Mobile or the latest official rate sheet before depositing money.
Can non-residents open a FAB account?
Some FAB Personal Savings, Personal Call, Fixed Deposit and Islamic Savings products list non-resident eligibility. The conventional iSave account requires UAE residency and a valid Emirates ID. Conventional current-account eligibility is also generally tied to UAE residency.
Does the iSave Account include a debit card?
No. FAB’s iSave Key Facts Statement describes it as an online savings account without a debit card or cheque book.
What documents are needed to open a FAB account?
Common documents include a passport, Emirates ID, UAE residence visa where applicable, proof of income and a completed application form. FAB may request additional documents based on the account and applicant profile.
What is the difference between Fixed Deposit and Smart Deposit?
A Fixed Deposit offers terms from seven days to 12 months and usually pays interest at maturity. Smart Deposit offers longer terms from two to ten years and may pay interest monthly, half-yearly or at maturity. Both have early-withdrawal conditions.
Does FAB offer Islamic accounts?
Yes. FAB Islamic offers Islamic Current, Islamic Savings, Elite Islamic accounts, Islamic Investment Deposits and other Shariah-compliant products. The structures may use Qard Hasan, Mudarabah or Wakalah.
Do FAB current accounts pay interest?
FAB’s current-account Key Facts Statement lists no interest on credit balances. Savings and deposit products have separate interest or profit terms.
