Which bank is best for a Zero(0) balance account in UAE?

Opening a zero balance account in the UAE can be an excellent option if you’re looking for flexibility without the pressure of maintaining a minimum balance. Many banks in the UAE offer such accounts, and each has its own features, benefits, and eligibility requirements. Here’s a detailed look at some of the best banks offering zero balance accounts in the UAE.

Best Banks for Zero Balance Accounts in the UAE

1. ADCB Hayyak – Zero Balance Account

ADCB (Abu Dhabi Commercial Bank) offers a zero balance account through its Hayyak app, which allows users to open a full bank account using just their Emirates ID.


  • Key Features:
    • No minimum balance required.
    • Free debit card.
    • Easy account opening process through the Hayyak app.
    • 24/7 access to mobile and online banking.
    • Salary transfers are allowed, which makes it convenient for salaried employees.
    • Available for both UAE residents and non-residents.

    Why choose ADCB Hayyak?
    ADCB Hayyak is ideal for individuals looking for an entirely digital onboarding process with no minimum balance requirements, along with flexible banking features. It’s suitable for salaried employees or those new to the UAE, as the account can be opened remotely.

2. Mashreq Bank – Zero Balance Account

Mashreq Bank offers a zero balance account specifically designed for individuals who prefer to maintain flexible banking without any restrictions on balance requirements.

  • Key Features:
    • No minimum balance requirement.
    • Free international debit card.
    • Access to a wide range of Mashreq ATMs and branches across the UAE.
    • Salary transfers allowed.
    • 24/7 online and mobile banking.
    • Special offers and discounts through the Mashreq Neo digital banking platform.

    Why choose Mashreq Bank?
    Mashreq Bank’s zero balance account is suitable for those looking for a combination of traditional banking and digital banking services. Its free international debit card and wide network of ATMs make it convenient for everyday transactions and salary transfers.

3. Emirates NBD Liv. – Digital Zero Balance Account

Emirates NBD’s Liv. account is a fully digital banking solution aimed at millennials and tech-savvy individuals. It allows you to open a zero balance account with minimal paperwork, all done through the Liv. mobile app.

  • Key Features:
    • No minimum balance requirement.
    • Instant account opening via the Liv. app.
    • Free debit card.
    • Access to exclusive lifestyle offers, rewards, and cashback deals.
    • Easy integration with your phone contacts to send and receive money.
    • Insights into your spending habits with budgeting tools.

    Why choose Emirates NBD Liv.?
    Liv. is ideal for young professionals, students, and anyone who prefers digital banking. It offers a seamless banking experience through its app and is perfect for people who want a zero balance account with no hidden fees.

4. FAB iSave Account – Zero Balance Savings Account

First Abu Dhabi Bank (FAB) offers the iSave account, which doesn’t require a minimum balance and is designed to provide a competitive interest rate on your savings.

  • Key Features:
    • No minimum balance requirement.
    • Earn interest on your savings, depending on the amount deposited.
    • Online and mobile banking available.
    • No restrictions on withdrawals or transfers.
    • Instant account opening for existing FAB customers.




    Why choose FAB iSave?
    FAB iSave is suitable for individuals looking to earn interest on their savings while maintaining the flexibility of a zero balance account. It’s ideal for people who prefer to keep their money in a digital savings account and want to maximize returns without minimum balance constraints.

5. RAKBANK – Fast Account

RAKBANK offers a Fast Account, which is a zero balance account designed for individuals who prefer hassle-free banking with no minimum balance requirements.

  • Key Features:
    • No minimum balance required.
    • Free debit card.
    • Easy online and mobile banking.
    • Salary transfer option.
    • 24/7 customer support.

    Why choose RAKBANK?
    RAKBANK Fast Account is great for individuals looking for a simple, easy-to-use bank account without minimum balance restrictions. It’s an excellent choice for salaried employees or freelancers in the UAE who want flexibility with their finances.

Conclusion: Which Zero Balance Account is Best for You?

The best zero balance account in the UAE depends on your needs:

  • If you’re looking for a completely digital banking experience, the Liv. app by Emirates NBD is a fantastic choice, especially for younger users.
  • ADCB Hayyak offers the easiest way to open an account with your Emirates ID, making it great for both residents and non-residents.
  • For those looking for traditional banking combined with digital convenience, Mashreq Bank is a solid option.
  • If you’re keen on earning interest on your savings, the FAB iSave Account offers flexibility and returns with no balance requirements.

Each of these banks offers unique benefits, but all provide the convenience of a zero balance account without the stress of maintaining a minimum balance. Choose the one that aligns best with your financial habits and goals.

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