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SAVINGS ACCOUNTS

You work hard for your money, and regularly deposit in some savings account. But how do you make your savings grow at a rapid pace? And without risks?
While banks offer a number of products for investing your savings, few of these meet with your expectations. Now with Oman Arab Bank's Growth Account, you no longer have to worry
Unlike a regular savings account with low interest rate paid every six months, the Growth Account is a high yield savings account. Besides, the interest is paid monthly which means your money grows faster than normal.
Easy to open
In fixed deposit accounts you need to maintain large balances but you can open a Growth Account with just R.O.1OO. Your interest rates will automatically increase as your balance increases. So the more you save, the higher your returns.
Flexibility
Unlike fixed deposit accounts, there is no restriction on deposits and withdrawals. Your savings will keep growing even while you conduct your transactions. You can deposit any amount on working days and withdraw at the bank's counter or through ATMs
Free insurance cover
All depositors up to 65 years of age will receive free insurance for life and permanent disability, to a value of 100% of the balance in their account (maximum amount R.O.25,000).
The Gold Card
When you maintain a balance of R.O.IO,000 in your Growth Account you will be entitled to a "Gold Card". Gold Card holders will enjoy higher interest rates and personalised services. Plus a number of additional benefits such as
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Visa Gold Ccard free of subscription
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Concessional exchange rates
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50% discount on remittance
charges... and more.
Enough reasons to open a Growth Account and watch your savings grow faster in Oman Arab Bank.
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