Emirates Bank Introduces New Savings Account With the Launch of meSAVE
Emirates Bank launched meSAVE, the new tiered Savings Account, offering its customers tiered interest rates based on the customer’s balance, with higher interest rates for higher balances. meSAVE offers customers interest rates of up to 3% *(Introductory offer), proving to be amongst the highest in the market. meSAVE also offers flexibility in withdrawing cash and/or transferring funds or paying bills at the customers’ convenience.
Mr. Louis Scotto, Emirates Bank General Manager- Retail Banking commented on the launch of the meSAVE account by saying, “We, at Emirates Bank are pleased at launching meSAVE, and are confident that it will be well received by our customers. With our customers always in our mind when developing products, meSAVE is a unique account which offers tiered interest rates and complete flexibility. Customers will certainly be able to save effectively with meSAVE, with the interest rates reaching as high as 3%, based on account balance. The more a customer deposits, the higher the interest rate on the meSAVE account.”
meSAVE offers a choice of four tier of deposits starting from a minimum balance of AED 10,000. Each tier offers increasingly attractive interest rates. So the more you deposit with meSAVE, the more interest you earn. The meSAVE account also offers flexibility, by allowing customers to deposit, withdraw cash or transfer funds at their convenience. The meSAVE account is conveniently available in both AED and USD.
Emirates Bank offers a wide range of attractive deposit accounts including meACCOUNT, Current Accounts, Savings Accounts, Term Deposits and meFORTUNES. The Current Account offers checking facility. The Savings Accounts and Term Deposits are available in a range of currencies (including AED, USD, GBP and EURO) offering attractive interest rates.
meFORTUNES offers customers the chance to win big and change their lives through winning up to AED 1 million every quarter, depending upon the amount deposited and the length of time for which the deposit has been held. Customers can deposit a minimum of AED 500, and they are free to deposit any amount in meFORTUNES- no entry fees required. With every AED 500, customers will be entitled to one additional entry into the draw.
Customers can opt for a meSELECT Gold/Silver/Bronze Account or a meCLASSIC Account. meSELECT Gold and Silver are packages designed for salary transfer customers with special benefits including waivers on minimum balance requirements. meCLASSIC entitles customers to a zero balance account.
The most affluent Emirates Bank customers can also gain access to membership of Al Shaheen Club, offering priority-banking services to high net worth individuals.
About Emirates Bank
Emirates Bank offers a full range of retail banking products and services under the ‘me’ brand name. These include: meACCOUNTS (current & savings Accounts), meDEPOSITS (Term Deposits), meFORTUNES (Draw Certificates) mePERSONAL (Personal Loans), meDRIVE (Car Loans), meCARDS (Credit Cards), meUNIVERSITY (Student-Oriented Banking Products/Services), meLADY (Female-oriented Banking Products) meINSURANCE (Insurance Products), meNRI (for Indian Expatriates), meNRL (for Lebanese Expatriates), and meMILES (Credit Card Loyalty Programme).
In addition, Emirates Bank offers its customers priority banking services through its Al Shaheen Club.
Emirates Bank offers its customers the convenience of banking across a range of channels. which include banking on-line, phone banking and through visiting one of the ever-expanding network of branches across the UAE. It is no wonder that Emirates Bank has been awarded the coveted status of a ‘Superbrand’ for the past three consecutive years.