Managing your savings, especially in the UAE lifestyle, has been digitized and done online more than ever. Saving smartly is no matter who you are: a salaried employee, business owner, or expatriate, the first step toward future financial stability. Therefore, First Abu Dhabi Bank (FAB) - one of the most powerful and respected banks in the UAE cares to ease the process with the iSave account.
Moreover, with the appealing interest on the deposited money, the FAB iSave Account is the best choice for you among the residents and non-residents of the UAE because it comes with zero maintenance fees and is an extremely easy cloud process to follow online.
In this full guide, we will explore the FAB iSave Account, including its main benefits and characteristics, as well as an all-encompassing guide on the procedure of applying for it online in 2026.
The FAB iSave Account is a digital banking product willing to offer the benefits of online savings to individuals who mostly prefer the mobility and flexibility of digital solutions over the conventional ways of banking. As opposed to the classic savings that obligate you to keep a minimum amount or the red tape in the branch, the iSave account gives you control over your money, both for online fund deposits and account management.
In addition to the daily interest calculation feature offered by FAB’s iSave account, you will learn that monthly interest will be credited into your account, too. So, it is actually WIN-WIN! You start to earn interest on your account from day one, which means the more you save, the more you earn.
It’s great for:
UAE nationals and residents who are serious about saving money.
Expats wishing to deposit money safely in the UAE.
People who appreciate convenience, security, and high returns.
Must Read: Check Your FAB Balance Online Anytime, Anywhere | Simple Steps to Follow
Here is an outline of the excellent features that have made the FAB iSave one of the most effective savings accounts in the UAE:
Feature
Details
Account Type
Online Savings Account
Interest Rate
Up to 1.5% p.a. (varies by balance)
Minimum Balance Requirement
None
Maintenance Fees
Opening Balance
AED 0
Interest Calculation
Daily
Interest Payment
Monthly
Accessibility
24/7 via FAB Mobile App or Online Banking
Free Transfers
Between FAB accounts
Automatic Savings Plan
Available
Online Banking Registration
Free
SMS Alerts
Customer Support
24/7 via phone, email, and chat
Security Features
OTP and Biometric Authentication
The combination of flexibility, accessibility, and profitability makes the FAB iSave Account one of the most competitive digital savings products in the UAE banking market.
FAB’s iSave account is not just about earning interest; it’s about empowering you to manage your finances efficiently. Let’s look at the detailed benefits:
At variance with the traditional accounts that punish you for being overdrawn, FAB iSave has no minimum balance requirement. You can have any balance, even AED 0, and still have the same advantages. This is a good deal for beginners.
FAB’s unvarnished policy obliges you to pay neither monthly nor annual maintenance fees. What you deposit is absolutely your own; as a result, your wealth grows without any dues.
FAB has a tiered interest structure that increases your earnings as you save. The rates go below some of the best in the UAE savings accounts.
Account Balance (AED)
Interest Rate (p.a.)
Up to 10,000
0.50%
10,001 – 25,000
0.75%
25,001 – 50,000
1.00%
50,001 – 75,000
1.10%
75,001 – 100,000
1.25%
100,001 – 250,000
1.35%
250,001 – 500,000
1.40%
500,001 – 1,000,000
1.45%
Above 1,000,000
1.50%
This method ensures that your savings achieve steady growth. Even tiny sums are consistently credited with interest, while larger amounts are given premium rates.
FAB’s mobile app or internet banking lets you access your iSave Account at any time. While you are out of the country on a trip or just relaxing at home, you can check your balance, transfer, and get real-time reports of your gains—just a few taps.
Over and above, FAB takes care of your safety with the biometric login, OTP verification, and data encryption features. You are always guaranteed that your account and personal data are at all times protected and secured.
FAB’s Automatic Savings Plan allows you to set up your savings goals. You can schedule recurring salary or current account payments to iSave, making savings automatic and without effort.
Must Read: How to Check Your Salary in FAB: A Step-by-Step Guide
You can carry out free fund transfers between FAB accounts without any fees, and you can also receive SMS alerts for every transaction. This gives you a full vision that even more power over your money.
Opening a FAB iSave Account online is easy; it does not involve any paperwork, and it only takes a couple of minutes. To get started, follow the guide below:
Your first step is to visit www.bankfab.com and, if you have a smartphone, download the FAB Mobile App from Google Play or the App Store. Both routes are safe and user-friendly, created for an effortless banking experience.
If you are a new customer, register by entering your name, mobile number, and email address.
If you already have a FAB account, simply log in using your existing credentials.
Once logged in, go to the “Open a New Account” section.
From the account types, select ‘iSave Account’ under the list. You’ll see a summary of its benefits, terms — click ‘Apply Now’ to proceed.
You need to be accurate in entering personal details:
Full Name
Date of Birth
Nationality
Contact Number
Email Address
Make sure that the information corresponds to your Emirates ID or passport in order to avoid verification delays.
FAB will need you to upload scanned copies of:
Emirates ID (front and back) or passport
Utility bill or tenancy contract (for address verification)
These documents are used to ensure compliance with the UAE banking regulations and standards to verify your identity.
Make sure that all the details you entered are correct. Carefully read the rules and conditions concerning the account’s benefits, limitations, and rate policies. After you finish reading, please accept the box and continue.
Click ‘Submit’ to finish your application. FAB will analyze your details and see that you will receive confirmation by SMS or email. Normally, it takes just a few hours for the approvals.
Following approval, your iSave Account will be activated. You will either be emailed or sent an SMS with your account number and online accessibility details. You can now make deposits right away and earn interest!
Once activated, you will take over your account management all by yourself through the FAB mobile app. Most of the features are as follows:
Real-time balance monitoring
Instant fund transfers between accounts
Setting up automatic savings goals
Seeing the interest earned each month
24/7 access to transaction history and support chat
FAB’s user-friendly dashboard allows you to handle your finances with transparency and flexibility.
All your transactions are secured by cutting-edge technology employed by FAB. Two-way authentication (OTP), face ID, and fingerprint verification are used to keep your account away from unauthorized access.
Whenever you need help, FAB provides 24/7 customer service through:
Phone: 600 52 5500
Email: customersupport@bankfab.com
Online chat through the mobile app or official website
The support team can assist you with balance inquiries, transaction details, or troubleshooting account issues.
The FAB iSave Account is the leading place to save in the UAE digitally. The structure of openness and freedom, along with enormous returns, characterizes the account as a good resource to any person who is interested in improving his or her financial well-being.
Consider the points differentiating it:
Everything online - no documents or visits to the branches.
Best rates of interest in the UAE.
Free account or no maintenance or service fee.
Mobile-friendly customer experience.
Good brand recognition - FAB is not only the largest bank in the UAE but also has international credibility.
Whether it is a holiday vacation, emergency fund, or long-term goal of yours, with the FAB iSave Account, your money will earn you more money, however you choose your direction.
An FAB iSave Account is a smart financial decision that you can make in the UAE in 2026. It has no minimum balance, no secret charge, and an attractive interest rate. Thus, it is the best combination of flexibility and profitability.
It is entirely online and only requires a few minutes, plus it is readily accessible to anyone with legitimate identification in the UAE. You can save large or small. FAB iSave Account will allow you to grow the money the way you wish.
Therefore, do it today - go to the website of First Abu Dhabi Bank or install their app and get yourself a FAB iSave Account, and make sure to experience the modern, safe, and profitable banking with your fingertips.
If you are aiming to open a FAB iSave account then use the option of the official website of FAB or mobile app. Moreover, for account opening purposes, you have to fill out an application form and upload all important documents.
If you open a FAB iSave Account it offers flexibility to manage your savings and provides attractive interest rates.
If you want to open a FAB iSave Account then you must have to verify your identity by providing your Emirates ID. Moreover, you must also have a passport, utility bill, and tenancy contract.
In the UAE, the FAB mobile app is one of the smoothest and most reliable ways to open an FAB iSave account.
Emila is a passionate real estate expert, lifestyle enthusiast, and writer dedicated to showcasing the dynamic charm of Dubai. With 6 in real estate, travel writing, Emila Hales brings insightful perspectives to readers exploring Dubai’s vibrant real estate market, luxurious lifestyle, and diverse cultural offerings. As an avid storyteller, Emila loves sharing tips on finding dream properties, uncovering hidden gems in the city, and navigating the ever-evolving landscape of Dubai.
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