Wio Bank Personal Account

Minimum Salary
0,00 د.إ

Description

Wio Bank is a digital-only challenger bank operating in the UAE under Emirates NBD’s digital banking license. It offers a single Wio Account, combining current and savings functionalities with a straightforward, fee-free structure, competitive profit rates, and digital-first benefits. There is no tiered package segmentation; all customers access the same product.

Features

Account Package Overview

Feature	Wio Account
Shari’ah Structure	Mudarabah
Account Type	Combined Current & Savings
Currencies	AED only
Minimum Balance	None
Salary Transfer Requirement	None
Profit Rate	Up to 0.75% p.a. on daily balances¹
Profit Payout	Monthly
Debit Card	Virtual and physical Mastercard; free issuance & replacements
Cheque Book	Not offered
Digital Banking	Full-featured Wio App; instant eKYC via Emirates ID

¹ Variable based on monthly average balance bands as published in-app.

Eligibility: UAE nationals, GCC nationals, and UAE resident expatriates aged ≥ 18

Schedule of Fees & Charges

All fees inclusive of 5% VAT where applicable.

Service Category	Service	Charge
Account Opening & Closure	Opening via app	Free
	Closure within 6 months	Free
Monthly Maintenance	Fall-below fee	None
Debit Card	Issuance & replacement	Free
ATM Services	Wio/ENBD ATM withdrawal, deposit, inquiry	Free
	Non-ENBD UAE ATM withdrawal	AED 2.10 per transaction
	GCC ATM withdrawal	AED 6.30 per transaction
	International ATM withdrawal	AED 15.75 per transaction
Digital Transfers	Intra-bank & UAEFTS (digital)	Free
International Remittance	Digital (BEN/SHA)	AED 25 per transfer
	Branch channel	N/A (digital-only bank)
Standing Instructions	Setup/amend/cancel	Free
Statements	Monthly e-statement	Free
	Statement outside cycle	N/A
Cheques & Branch Requests	Cheque-related services	N/A
	Any branch-based service	N/A (digital-only)

Account Benefits

100% digital onboarding via Emirates ID eKYC; no branch visits
Competitive profit rate up to 0.75% p.a. paid monthly
Free virtual & physical debit card with global Mastercard acceptance
Zero fees on account maintenance, digital transfers, and UAE ATM transactions
Budgeting & savings tools built into the Wio App
Instant in-app support and real-time notifications

Documents Required

Emirates ID (eKYC)
Passport & UAE residence visa (expatriates)
Selfie and mobile number verification via app

Additional Info

Wio Bank is ideal for customers seeking a simple, fee-free digital banking experience with competitive profit rates and no minimum balance requirements.