It is an account that rewards customers for their savings. Customers can access their funds at all times and withdraw any amount as and when needed.
ADCB and its subsidiaries’ employees and their immediate family members (parents, spouses, siblings and children) are not eligible to open Millionaire Destiny Savings Accounts.
For the first AED 5000 saved, the customer gets 1 chance and for every extra AED 1000 he/she saves over the initial AED 5000, he/she gets an extra chance in the prize draws.
E.g. if a customer has an average monthly balance of AED 10,000 , he/she will get 6 chances in the prize draw.
The Millionaire Destiny Savings Account is a Shari'ah approved savings account that offers all the standard features of an Islamic savings account with the addition of monthly prizes.
Profit is calculated on the minimum average monthly balance in the account in accordance with the Shari’ah approved profit distribution mechanism and paid on a quarterly basis.
To view the fees and charges, please click here.
No, the Millionaire Destiny Savings Account is offered to individual customers only
The main purpose of the Millionaire Destiny Savings Account is to encourage saving habits and earn rewards on savings hence salary transfers are not encouraged. However, customers can open regular Islamic savings or current accounts for salary transfers.
Yes, they should be opened by the parent of legal guardian of the minor.