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Bonus Booster Deposit

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 over a period of 36 months.

  • Earn up to 8.25% total expected return at the end of 36 months
  • Instant account opening through Online Banking.

Top Features

Earn up to 8.25% total expected return

High expected returns on average balances up to 8.25% at the end of 36 months (T&Cs apply).


Fixed tenor

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


Instant account opening

Instantly open the account through online banking.


Low monthly savings amount

Deposits starting from AED 1,000 per month.


Why choose Bonus Booster Deposit?

  • With an expected profit income of 1% and an attractive bonus at maturity equal to your one monthly deposit, earn a total expected 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.
  • Profit accrued on monthly basis and paid upon maturity.
  • Available in AED (dirhams) only.
  • Instant opening through Attijari Al Islami Online Banking
  • View Bonus Booster Deposit Terms and Conditions

What do I need to apply?

  • National ID or valid passport, residence visa and Emirates ID.
  • Completed deposit application form.

Who can apply?

  • 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 Online and Mobile Banking to SMS Banking. Of course, you are always welcome to visit us in one of our branches.
    Click here for locations
  • Budget and Track tool, a unique personal financial management tool that will help you track your expenses, set your budgets, save money for your life goals, and much more.
    Try Demo now



Terms & Conditions




FAQs


How can I apply for Bonus Booster deposit?

You can apply through Al Islami Online Banking. Otherwise, you can visit your nearest branch. 

What is the minimum deposit amount for Bonus Booster deposit?

Minimum monthly deposit amount is AED 1,000.

What is the tenor for Bonus Booster deposit?

Bonus Booster deposit is available for 36 months monthly contributions.

Will I get profit from Bonus Booster deposit in case of pre-matured withdrawal?

Sorry, no profit is paid in case of pre-matured withdrawals. Only principle amount saved will be returned.

In what currencies is Bonus Booster available?

Bonus Booster deposit is available in AED only.

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.

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. 

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.

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 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 are the charges for setting-up standing order for Bonus Booster deposit?

It is free of charge.

Can I make partial withdrawals from my Bonus Booster deposit?

Sorry, partial withdrawals are not permitted. 

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

Please contact customer service at 600 527223 to assist you with your query.

What is Bonus Booster deposit?

Bonus Booster is a monthly recurring deposit structured on Islamic concept of Wakala that 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 expected returns of 1% per year on your monthly deposits on Shariah complaint manners. In addition, you may 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).