NBK Savings Account
National Bank of Kuwait · Savings Account
- Requires a minimum balance
Qrar360 Decision Brief
What is this product?
A savings account from National Bank of Kuwait.
Who it may suit
- No monthly fee
May not suit
- People keeping low balances
Important conditions
- Requires a minimum balance
Facts not yet fully verified
- the last verification date
Key facts
A conventional interest-bearing savings account from National Bank of Kuwait. New customers open it with KD 500 or more (KD 100 or more for existing NBK customers), earning 0.0625% per annum interest calculated on the minimum monthly balance once that balance reaches KD 500, with no minimum-balance fee and a free Visa debit card. Available to customers aged 18 and above, in KWD only.
Product Analysis
- Annual profit / interest rate: 0.0625%.
- Minimum balance required: 500 KWD.
- No monthly account fee.
Qrar360 Score for this productQ36084Sources & methodology
Why this score?
Coverage 70% · Confidence 85%Strongest verified factors
- Minimum balance95% · weight 20
- Monthly fee100% · weight 15
- Qrar360 data verification
Compare this product
Compare it side by side with another product in the same category and market.
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Availability by Country
- KuwaitAvailable
Provided By
This product is provided by . For the institution's licenses and regulatory status, see its profile page.
Sources & verification
Verified facts on this page are linked to their official sources.
Frequently asked questions
- Is NBK Savings Account Sharia-compliant?
- NBK Savings Account: Not classified as Sharia-compliant.
- Does NBK Savings Account have a monthly fee?
- No — NBK Savings Account has no monthly fee.
- Which countries is NBK Savings Account available in?
- NBK Savings Account is available in: Kuwait.
- What is the return or profit rate for NBK Savings Account?
- The return rate for NBK Savings Account is 6.25%.
