Mbank's reviewed KFS lists tiered savings rates: 0.25% yearly below AED 100,000, 0.50% from AED 100,000 to AED 199,999, and 0.75% from AED 200,000.
What this means for you
The rate rises with the balance tier. Interest is calculated using the daily closing balance and credited monthly, so the balance held each day matters.
A simple way to decide
- 1 Find your balance tier
- 2 Apply the listed rate
- 3 Check monthly credit
Before you apply
- The reviewed product record lists no minimum opening deposit and no minimum balance.
- The account is in AED and includes a debit card; a cheque book is not listed as available.
- Check the latest Mbank KFS before opening because interest tiers can change.
Words you may see
- Minimum balance
- The amount you may need to keep in the account to avoid a fee or receive a benefit.
- Term
- The agreed time your money stays in a fixed deposit.
- Early withdrawal
- Taking fixed-deposit money out before the term ends, which can reduce the return or create a charge.
What the published product data shows
The examples below use published fields from the savings-accounts records in our catalogue. A blank field means we did not find a reliable published value.
- Minimum balance
- AED 0
- Currency
- AED
These examples are for comparison, not rankings or approval promises. Rates, fees and eligibility can change; use the linked official document for the latest terms.
Official sources used
These bank pages, Key Facts Statements, fee schedules and terms support the product details in this guide. Open the latest version before applying.
- Mbank Current and Savings Account KFSAl Maryah Community Bank · Key-facts-statement
- Mbank account terms and conditionsAl Maryah Community Bank · Terms-and-conditions