Special Features
Get more from your savings with SaveMore
Earn up to 4% p.a.* with the SaveMore Account. You are rewarded with interest compounded daily, so you can now earn interest on interest. With easy account access through online, mobile and branch banking channels, the SaveMore Account is simply irresistible.
Enjoy healthy returns – up to 4% p.a.*
Enjoy 2% p.a. for the first 2 months and enjoy returns as high as 4% p.a. from the third month onwards, if there are no debit transactions. See the table below.
| Scenario |
Debit Transactions1 (within Calendar Months(s)) |
Interest Rate (p.a) |
| 01. |
One or more Debit Transactions during a month |
0% |
| 02. |
No Debit Transactions for 1 month |
2.00% |
| 03. |
No Debit Transactions for 2 consecutive months |
Month 1: 2.00%
Month 2: 2.00% |
| 04. |
No Debit Transactions for 3 consecutive months |
Month 1: 2.00%
Month 2: 2.00%
Month 3: 4.00% |
| 05. |
No Debit Transactions for 3 consecutive calendar month onwards |
Month 1: 2.00%
Month 2: 2.00%
Month 3: 4.00%
Month 4: 4.00% |
Additional Features
- Transactional convenience with international debit card.
- Interest is compounded daily and paid monthly2.
- No minimum balance requirement for Personal Banking non-salary transfer customers.
- Access your account anytime through Phone Banking, Online Banking, Mobile Banking and any Standard Chartered UAE branch.
* The above interest rate is subject to change at any time. Provided that no debit transactions are made to the account, customers can earn 2% p.a. each month for the first two consecutive months and 4% p.a. from the third consecutive month onwards. The SaveMore Account is available in AED denomination only. Further terms and conditions apply and the Service and Price Guide can be found at www.Standardchartered.ae
1Debit transactions include all withdrawals from the SaveMore Account, including, but not limited to, the Bank's fees and charges, standing orders, loan recoveries etc. This also includes the instance where a customer initiated debit transaction which is subsequently reversed and credited back to the SaveMore Account.
2 Interest shall be calculated daily based on the available daily-ending balance (which includes accumulated interest) and paid on the last business day of each calendar month.