Wio Bank (UAE) - 6% interest

[bio]

Wio Bank is offering 6% interest up to 5m AED until the end of 2023.

Wio | Personal

Wio enables you to do more of what you love digitally and seamlessly, with super-savvy features that put you one step ahead.

wio.io

Seems like a decent place to park cash temporarily in if you are already set up in UAE.

Hope this helps someone.

 

[sinos]

and get taxed at 9%

 

[ShillGates]

is it me or is the euro account always having issues on the personal account? i sent some money in and now it says "something went wrong please try again later".

Cannot see the transactions but see the total balance. I can however see and operate the aed account fine. I just cannot see any historic euro transactions


anyone else with the same problem?

wio business is normal as usual - is wio personal boarded somewhere else?

 

[scooterguy]

From their T&Cs:

1. These interest rates are applicable until December 31st 2023.
2. The interest will be calculated daily and credited monthly on the first day of the following month.

So with those rules, no one will get 6%, but 1.5% at best.