Commercial Bank of Abu Dhabi ’s Personal Money Market Account
Our Personal Money Market Account offers the highest interest rate of all of our savings accounts. This account is ideal if you have a large amount of money to store because it provides the most return on your investment.
Minimum opening deposit | $1,000 |
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Minimum balance required to avoid service charge | $1,000 |
Monthly charge if your account goes below the minimum | $10 |
Earns interest | Yes, tiered interest rates. |
Free online banking | Yes |
Free online bill pay | No |
Additional benefits | Six (6) free withdrawals/debits per month ($5 for each one after that). Interest will be compounded and credited monthly. Itemized monthly statements 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. |