Introduction to the NBAD Current Account in the UAE
The National Bank of Abu Dhabi (NBAD) offers nine current account deposits which offer a wide variety of benefits and services designed for high-net worth individuals, students, women and professionals among others. Many accounts offer lifeline overdraft facilities, free first cheque books and first international remittance among others. While some accounts can be opened by UAE residents only, others can be opened by expats as well. Some accounts offer exclusive merchandise for hard core soccer fans. The following are the nine types of current accounts offered by NBAD.
Types of Emirates NBAD Current Accounts
Personal Current Account
Elite Gold Current Account
NBAD One Account
NBAD One Pro Account
Elite Gold Real Madrid Current Account
Real Madrid Current Account
Personal Ladies Current Account
Personal Student Current Account
Personal Call Account
The National Bank of Abu Dhabi (NBAD) can be opened by UAE National or GCC National or resident expat, aged 21 years or above and salaried or non-salaried customers. The personal current account offers several attractive features including greater convenience and flexibility in terms of usage and ease of transactions. What’s more, it is designed to make managing money hassle-free. NBAD offers personal current account with a free cheque book in addition to a MasterCard Platinum Debit Card which offers various lifestyle benefits for customers.
Elite Gold Current Account can be opened by a minimum deposit of AED 100,000 or salary transfer of a minimum AED 50K by UAE residents, salaried and non-salaried customers. It offers a wide range of benefits to customers in addition to personalised banking experience and unrivalled services. Customers can avail of superior banking services including free international remittances and exclusive access to lounges among many others. With an Elite Gold Current Account, customers can enjoy a high daily withdrawal limit, free unlimited ATM withdrawals apart from earning NBAD Stars for extra rewards. Customers are assured of high service at Elite Gold Lounges.
NBAD One Account can be opened by (residents of the UAE only) salaried customers with a minimum monthly salary AED 10,000 and non-salaried customers with a minimum initial deposit of AED 10,000. It offers several attractive features such as free life insurance, access to airport lounges and minimum balance waiver among many others in order to give customers a hassle-free banking experience. Customers can redeem NBAD Stars (earned on their account balance) for Etihad guest miles, Emirates skywards miles and booking airline tickets. NBAD Stars can also be redeemed for the NBAD Stars Card, an accepted payment method.
NBAD One Pro Account can be opened by (UAE residents) salaried customers with a minimum monthly salary of AED 10,000 up to AED 50,000. NBAD One Pro Account requires no minimum balance. The bank provides one free cheque book at the time of opening the account in addition to lifeline overdraft facility. First international remittance is free per month while about 25% discount is provided on processing fee for auto loans. NBAD One Pro Account comes with a Visa Signature Card which provides several attractive benefits to customers.
Elite Gold Real Madrid Current Account can be opened with an initial deposit of AED 100,000 or salary transfer of AED 50,000 by UAE residents (salaried or non-salaried). The account offers several attractive and exclusive Real Madrid offers and merchandise. Customers can also win tickets to matches and travel the world. Customers can avail of the NBAD Stars rewards programme on purchases . First international remittance is offered free. There is no requirement of minimum balance.
Customers can avail of free unlimited cheque books in addition to Lifeline Overdraft facility among many others.
Real Madrid Current Account can be opened by an initial deposit of minimum AED 10,000 or a monthly salary transfer of AED 10,000 by UAE residents. Under this exclusive Real Madrid branded account, customers can avail of Real Madrid Merchandise and watch live matches in Madrid. What’s more, customers also have the opportunity to meet their favourite player. The account does not require any minimum balance and can be maintained in Dirham and other major currencies. First cheque book is provided free. Customers can avail of NBAD Stars on every purchase in addition to lifeline overdraft facility among others.
Personal Ladies Current Account can be opened by (UAE nationals and resident expats) ladies above 21 years of age (salaried and non-salaried customers). The account offers several attractive features such as an average balance of at least AED 3000 or equivalent and 50% off on annual charge for safe deposit boxes. The account provides reduced interest rate on credit cards in addition to free lounge access at select airports, free first cheque book and Lifeline Overdraft facility among many others.
Personal Student Current Account can be opened by (UAE Nationals and resident expats) college or university students aged between 21 and 24 years. The account offers several attractive features such as free first cheque book, no minimum balance requirement and Lifeline Overdraft facility. The account comes with a Platinum MasterCard Debit Card which offers several benefits such as cash withdrawals from any ATMs displaying UAE/GCC Switch logos (GCC) and MasterCard/ Cirrus logos (worldwide).
Personal Call Account can be opened by both UAE residents and non-residents (salaried and non-salaried customers). Personal call account is a suitable for short or long term savings in Dirham and other major currencies. The account offers attractive interest rates on balances of AED 50,000 and above in addition to lifeline overdraft facility among others.
Why choose NBAD Current Accounts?
The National Bank of Abu Dhabi truly offers a wide range of features and services to customers. While Elite Gold Real Madrid Current Account and Real Madrid Current Accounts are aimed at providing exclusive soccer merchandise for hardcore fans of the ‘beautiful game’, Personal Ladies Account aimed at women offers reduced interest rates on credit cards. While with Elite Gold Current Account, customers can enjoy a high daily withdrawal limit, NBAD One Account offers free life insurance to its customers. Customers, therefore, have the opportunity to experience owing to several benefits offered by the cards in addition to special offers and reward programmes which are, in many cases, both comprehensive and exclusive.