ADIB Salary Bonus account
Benefits: Transfer your salary to ADIB and receive a free Etisalat Visa card that earns you call time or a free cashback card. Other perks include a no-fee online overseas remittance every month and reduced personal finance rates. Account holders are also offered free job loss protection that suspends payments on any loans for up to six months.
Watch out for: This offer applies only to monthly salaries above Dh5,000.
Emirates NBD Special Current Account
Benefits: This salary transfer account earns you interest of 0.25 per cent on your daily closing balance, which is paid out half-yearly. The account is available in dirhams and US dollars and comes with an international debit card and a chequebook.
Watch out for: You must supply three monthly payslips, a copy of your contract as well as copies of your passport, visa and a sponsor’s letter of no objection when you apply.
NBAD Current Account
Benefits: With no initial deposit and no minimum balance required, this is a straightforward account to open. It also comes with a chequebook, debit card and a remittance service. Those who get into financial strife also have access to a temporary overdraft facility.
Watch out for: The minimum salary requirement for this account is Dh10,000.
business@thenational.ae
Follow us on Twitter @Ind_Insights
