A millionaire savings account is usually a savings account linked to prize draws. Saving more may give you more chances, but it does not guarantee that you will win.
What this means for you
The account can have a minimum balance, draw-entry rules, withdrawal conditions and a separate interest or profit rate. Read those details before treating the prize as a benefit.
A simple way to decide
- 1 Check the balance rule
- 2 Read the draw rules
- 3 Compare normal returns
Before you apply
- Check how much money must stay in the account and for how long.
- Ask whether withdrawing money reduces or removes draw entries.
- Compare the normal interest or expected profit separately from the advertised prize.
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.
National Bank of FujairahNBF Savings Basic Account
- Minimum balance
- AED 2,500
- Interest or profit
- Declared by NBF Islamic and subject to change
- Currency
- AED and major currencies
National Bank of Umm Al QaiwainNBQ Super Saver Account
- Minimum balance
- No minimum balance
- Currency
- AED
Ajman BankAjman Bank Millionaire Account
- Monthly fee
- AED 25
Commercial Bank InternationalCBI Call Deposit Account
- Minimum balance
- AED 50,000
- Currency
- AED,USD,EUR,GBP
Dubai Islamic BankDIB Millionaire Account
- Interest or profit
- 0.05% per year
- Currency
- AED
Bank of SharjahBank of Sharjah Notice Account
- Minimum balance
- AED 3,000
- Interest or profit
- Published account rate; not fixed in the KFS
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.
- Emirates Islamic Key InformationEmirates Islamic · Key-facts-index
- Emirates NBD Current and Savings Accounts KFSEmirates NBD · Key-facts-statement
- ADCB Islamic Millionaire Savings Accounts terms and conditionsAbu Dhabi Commercial Bank · Terms-and-conditions
- ADCB terms and conditionsAbu Dhabi Commercial Bank · Terms-and-conditions
- ADIB account and Islamic banking terms and conditionsAbu Dhabi Islamic Bank · Terms-and-conditions
- ADIB personal accounts key facts statementAbu Dhabi Islamic Bank · Key-facts-statement
- DIB Key Facts StatementsDubai Islamic Bank · Key-facts-index
- DIB Product Terms and ConditionsDubai Islamic Bank · Terms-and-conditions-index
- Mashreq NEO PLUS KFSMashreq · Key-facts-statement
- Mashreq Account Terms and ConditionsMashreq · Terms-and-conditions
- SIB KFS, terms and charges indexSharjah Islamic Bank · Key-facts-index
- SIB Accounts KFSSharjah Islamic Bank · Key-facts-statement
- Ajman Bank Current and Savings Account key facts statementAjman Bank · Key-facts-statement
- Ajman Bank Millionaire Account terms and conditionsAjman Bank · Terms-and-conditions