Bonus Booster Deposit

Saving every month can bring you one step closer to your dreams

Build up your savings through regular monthly deposits starting from AED 1,000 with one of UAE’s most trusted institutions.

Earn up to 8.25% total return

Instant deposit opening

Low monthly savings amount

Highlights

Earn up to 8.25% total return
Instant deposit opening
Low monthly savings amount

Features of the Bonus Booster Deposit

Finance amount AED 1Million

Available in AED only

Interest Rate Hedging

Interest accrued on a monthly basis and paid upon maturity

Competitive interest rates

High returns on average balances up to 8.25% at the end of 36 months

Terms and conditions apply.

Features and benefits

  • With a guaranteed interest income of 1% and an attractive bonus at maturity equal to your one monthly deposit, earn a total return of up to 8.25% at the end of 36 months (T&Cs apply).

  • Build up your savings through regular monthly deposits over a period of 36 months.

  • Choose your monthly deposit amounts starting from AED 1,000 per month.

  • Interest accrued on monthly basis and paid upon maturity.

  • Available in AED (dirhams) only.

  • Instant opening through CBD Mobile Banking.

View Bonus Booster Deposit terms and conditions.

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Eligibility criteria

Bonus Booster Deposit Criteria
Age limit If you are UAE National or UAE resident and minimum 18 years of age

Services that come with Bonus Booster Deposit

  • Choose a way of banking that suits you, from CBD Online and Mobile Banking to CBD SMS Banking. Of course, you are always welcome to visit us in one of our branches.

Key Facts Statement

We kindly request you to carefully read and understand this document if you are applying for a Deposit account with Commercial Bank of Dubai.

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FAQs

What if I am no longer a UAE resident, however I am still holding a Bonus Booster deposit with CBD?

Please contact CBD customer service at 600 575 556 to assist you with your query.

Can I make partial withdrawals from my Bonus Booster deposit?
Sorry, partial withdrawals are not permitted. 
What are the charges for setting-up standing order for Bonus Booster deposit?
It is free of charge.
How do I set up standing order for Bonus Booster deposit?
You will be required to set up standing order at the time of applying for Bonus Booster account.
What is the bonus amount on maturity of Bonus Booster deposit and how can I get it?
Bonus amount is equal to your one pre-fixed monthly deposit amount. The payment of bonus at maturity will be subject to successfully receiving pre-fixed monthly amounts through the linked Standing Order instruction across all 36 months. No bonus will be paid if on any month pre-fixed amount fails to get credited to Bonus Booster deposit account or if the deposit is liquidated prior maturity.
How can I deposit the monthly savings amount to Bonus Booster deposit?
Monthly pre-fixed amounts are transferred to the Bonus Booster deposit account through a linked Standing Order instruction, which will be set-up on your current/savings account at the time of applying for Bonus Booster deposit account. 

Please note that if the linked standing order fails to credit monthly pre-fixed amounts to deposit account, re-execution of such failed standing order is not permitted. Hence it is extremely important to ensure that you maintain sufficient balance in your current/savings account where standing order is set-up.
Who is eligible to open Bonus Booster deposit?
If you are UAE National or UAE resident, at least 18 years of age, with a valid passport, residence visa and Emirates ID, then you can apply. 
Can I top-up my existing Bonus Booster deposit?
Sorry, topping up of existing deposit is not permitted. However, you can always open a new Bonus Booster deposit.
In what currencies is Bonus Booster available?
Bonus Booster deposit is available in AED only.
Will I get interest from Bonus Booster deposit in case of pre-matured withdrawal?
Sorry, no interest is paid in case of pre-matured withdrawals. Only principle amount saved will be returned.
What is the tenor for Bonus Booster deposit?
Bonus Booster deposit is available for 36 months monthly contributions.
What is the minimum deposit amount for Bonus Booster deposit?
Minimum monthly deposit amount is AED 1,000.
How can I apply for Bonus Booster deposit?
You can apply through CBD Online Banking. Otherwise, you can visit your nearest branch. 
What is Bonus Booster deposit?
The Bonus Booster deposit is a monthly recurring deposit that allows you to build up your savings by investing a pre - fixed amount starting from AED 1,000 every month through standing order, for a defined period of 36 months. With bonus booster you will get guaranteed interest rate of 1% per year on your monthly deposits. In addition, you will also get a bonus at maturity which is equal to your one monthly deposit amount. Your total returns, if you don't miss your monthly contributions, can reach approximately 8.25% on average balance over 36 months (T&Cs apply).

Important information

In case the customer prematurely liquidates their time deposit, they will not be eligible for any interest pay out. For complete product details and warnings, please refer to the Key Facts Statement document.

Our goal at CBD is to ensure that everyone has access to affordable banking solutions to help improve financial capability, promote savings, and build assets and wealth in the months and years to come.

To ensure you are not charged a monthly service fee on your account, please ensure you maintain a minimum monthly average balance of AED 5,000. This is waived if you transfer your salary to CBD or if you have a loan/finance with the bank.

Download the CBD App and access your financial future from the palm of your hand.

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