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Max Saver

Whether you’re saving for retirement, a wedding or your children’s education, NBF Islamic Max Saver is a Shari’a-compliant account that gives you the liquidity of a savings account with the higher profit rate of a deposit account.

Product Features

  • Available in AED and USD currencies
  • Up to three withdrawals per calendar quarter without affecting the applicable profit rate*
  • Profit calculated on your daily balance and paid quarterly
  • No minimum balance requirement
  • A free NBF Islamic Debit Card for AED accounts
  • The option to open an account for your children
  • A profit rate of up to AED 1.5% p.a. or USD 0.75% p.a.*


    Profit Rates

    Rates in AED
    Deposit Amount Profit rates p.a.
    effective from
    1 January 2020
    Profit rates p.a.
    effective from
    1 August 2020
    Up to 2 Million 1.75%  1.5%
    2 to 5 Million 1.50%  1.25%
    Above 5 Million 0.25%  0.25%

     

    Rates in USD
    Deposit amount Profit rates p.a.
    effective from
    1 January 2020
    Profit rates p.a.
    effective from
    1 August 2020
    Up to 2 Million 1% 0.75%
    2 to 5 Million 0.80% 0.50%
    Above 5 Million 0.25%  0.25%

    Terms and conditions apply

    *Expected profit is **0.25 % p.a. if more than three withdrawals in a quarter
    *Rates are effective from 1 August 2020