Zero Balance Account UAE: Accounts With No Minimum Balance
UAE bank accounts with no minimum balance, and the terms of accounts that do require one — read from each bank's own website on 8 November 2026.
Which UAE bank accounts have no minimum balance?
On 8 November 2026, these accounts had no minimum balance: Liv Goal Max (3.50% interest); Wio Saving Space (3.00% interest); HSBC UAE E-Saver (0.20%–2.00% interest); RAKBANK Savings Account (0.25% interest).
Savings accounts with no minimum balance
| Bank | Account | Rate | Minimum balance | Conditions |
|---|---|---|---|---|
| Liv | Goal Max | 3.50% interest | AED 0 | Liv Goal Max savings goal |
| Wio | Saving Space | 3.00% interest | AED 0 | Saving Space |
| HSBC UAE | E-Saver | 0.20%–2.00% interest | AED 0 | Rate depends on balance tier (0.20%–2.00%) |
| RAKBANK | Savings Account | 0.25% interest | AED 0 | No minimum balance for the first 3 months |
Accounts with a minimum balance
| Bank | Account | Minimum balance | Fall-below fee |
|---|---|---|---|
| Emirates NBD | Account with minimum balance | AED 3,000 | AED 26.25 |
| Mashreq | Mashreq NEO account | AED 3,000 | — |
Sources (official bank pages)
Frequently Asked Questions
What is a zero balance account in UAE?↓
An account with no minimum balance requirement, so no fall-below fee applies. Some banks waive the minimum only for a period: check the conditions column.
Which banks offer zero balance accounts in UAE?↓
On 8 November 2026: Liv Goal Max (3.50% interest); Wio Saving Space (3.00% interest); HSBC UAE E-Saver (0.20%–2.00% interest); RAKBANK Savings Account (0.25% interest).
What happens if my balance falls below the minimum?↓
The bank can charge a fall-below fee. On 8 November 2026: Emirates NBD: minimum AED 3,000, fall-below fee AED 26.25; Mashreq: minimum AED 3,000.