Compare Commercial Bank of Abu Dhabi business savings and money market accounts
See all of our business savings and money market accounts together to choose the right one for you.
Business Savings | Business Money Market | |
---|---|---|
Perfect for | Small businesses who need flexibility. | Companies with a large amount of savings. |
Minimum opening deposit | $100 | $1,000 |
Minimum balance required to avoid service charge | No minimum balance requirement. | $1,000 |
Monthly charge if your account goes below the minimum | N/A, no minimum balance. | $10 |
Earns interest | Yes | Yes, tiered. |
Free online banking | Yes | Yes |
Free online banking | No | No |
Free online bill pay | No | No |
Additional benefits | Three (3) free withdrawals/debits per month ($2 for each one after that). Interest will be compounded and credited quarterly. | Six (6) free withdrawals/debits per month ($5 for each one after that). Interest will be compounded and credited monthly. Itemized monthly statement with image copies of cancelled checks. |
Important notes | Unlimited withdrawals in person. Federal Regulation and our deposit agreement limit the number of withdrawals and/or transfers that may be made from a savings account by telephone/PC transfer, pre-authorized transfer, check or debit card. You are limited to 6 withdrawals and/or transfers from your savings account each monthly statement cycle by pre-authorized transfer, or telephone/PC transfer (including bill payments). And, if the account permits transfers by check or debit card, no more than 3 of 6 limited transferes may be by check or debit card. | Unlimited withdrawals in person. Federal Regulation and our deposit agreement limit the number of withdrawals and/or transfers that may be made from a savings account by telephone/PC transfer, pre-authorized transfer, check or debit card. You are limited to 6 withdrawals and/or transfers from your savings account each monthly statement cycle by pre-authorized transfer, or telephone/PC transfer (including bill payments). And, if the account permits transfers by check or debit card, no more than 3 of 6 limited transferes may be by check or debit card. |