Minimum Salary
0,00 د.إ
Wio Bank offers two subscription-based business account plans—Essential and Grow—under a fully digital, Shari’ah-neutral model. Both plans feature zero minimum balance and digital-first services. Essential suits freelancers and small businesses with a AED 99/month fee, while Grow targets medium and large enterprises at AED 249/month, unlocking higher credit limits, savings interest, and premium features. Eligibility requires a valid UAE trade license (or freelancer permit), with standard corporate and personal identification documents. Transaction and service charges follow a transparent per-use schedule, with many digital transactions included.
Account Plan Overview & Subscription Fees
| Feature | Essential Plan | Grow Plan |
| Monthly Subscription Fee | AED 99 | AED 249 |
| Minimum Balance Requirement | None | None |
| Account Type | Current Account & Saving Spaces | Current Account & Saving Spaces |
| Currency Availability | AED, USD, EUR, GBP | AED, USD, EUR, GBP |
| Debit & Virtual Cards | Physical debit card (AED)
Unlimited virtual cards (AED) |
Physical debit card (AED)
Unlimited virtual cards (AED) |
| Save “Spaces” Interest Rate | 0% (Current Account & Spaces) | 1% p.a. on Saving Spaces (up to 3% first 3 months) |
| Credit Line Offer (Wio Business Credit) | Up to AED 250 k
0% interest for 60 days 2% cashback on credit spends (max AED 2 k/month) |
Same as Essential |
| Onboarding | Fully digital in-app | Fully digital in-app |
(First monthly fee charged one month after account approval; no annual fees thereafter)
(Wio re-evaluates credit eligibility quarterly)
Detailed Schedule of Fees
3.1 Subscription & Account Services
| Service | Essential (AED) | Grow (AED) |
| Monthly Subscription Fee | 99 | 249 |
| Cheque Book (first book free) | Included | Included |
| Additional Cheque Book (50 leaves) | N/A | N/A |
| Debit Card Issuance & Replacement | Free | Free |
| Virtual Cards (unlimited) | Free | Free |
| Account Closure (≤6 months) | AED 200 | AED 200 |
| Dormant Account Charge (annual) | AED 315 | AED 315 |
(No minimum balance; VAT inclusive)
3.2 Funds Transfers & Remittances
| Service | Over-Counter Fee | Online Fee |
| Local Transfer (< AED 25 k) | Free | Instant, free |
| Local Transfer (> AED 25 k) | Free | Processed within 1 day, free |
| International Transfer (online) | AED 26.25 (Essential)
AED 26.25 (Grow) |
AED 26.25 (Essential)
AED 26.25 (Grow) |
| Inward Remittance | Free | N/A |
| SWIFT Copy | Free | Free |
| Amendment / Investigation | AED 26.25 | N/A |
| Cancellation / Recall | AED 26.25 | AED 26.25 |
(Fees per transfer; unlimited digital transfers within limits)
3.3 Cash & Cheque Services
| Service | Fee |
| Teller Cash Deposit/Withdrawal | N/A (digital-only bank) |
| Cheque Deposit | Included |
| Cheque Return (inward/outward) | AED 105 per cheque |
| Stop Payment | AED 105 per instruction |
| Demand Draft Issuance / Cancellation | AED 105 each |
| Bulk Cash Deposit/Withdrawal (Fixed Savings penalty) | Not applicable |
(Wio does not support physical branch transactions)
3.4 Saving Spaces & Fixed Savings
| Service | Essential | Grow |
| Interest on Saving Spaces | 0% p.a. | 1% p.a. (after 3 months 3% promotional) |
| Fixed Saving Space Withdrawal Penalty | As disclosed per space (varies by tenor) | As disclosed per space |
| Interest Calculation | Daily; paid at maturity or withdrawal | Same |
(Interest rates and penalties visible in app upon creation)
3.5 Wio Business Credit
| Feature | Details |
| Credit Line Amount | Up to AED 250,000 |
| Interest Rate | 0% for first 60 days; 3.45%/month thereafter on outstanding balance |
| Cashback | 2% on credit spends (max AED 2,000/month) |
| Credit-to-Cash Conversion | Up to 25% of credit line |
(Credit managed via same Wio Business debit card; no annual fees)
Comparison: Essential vs. Grow
| Feature | Essential | Grow |
| Subscription Fee | AED 99/month | AED 249/month |
| Cheque Book & Cards | Free AED cheque book; debit & virtual cards free | Same |
| Saving Spaces Interest | 0% | 1% p.a. (3% initial promotion) |
| Online Transfers | Unlimited up to AED 750 k/day; free | Same |
| Wio Business Credit Eligibility | Turnover ≥ AED 375 k | Same |
(Original documents to be presented; copies stamped “Original Seen”)
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