Elite Gold CASA Guaranteed Gold Campaign

Bring your savings to NBAD and get guaranteed gold*

Deposit a minimum of AED 1,000,000 in your NBAD account, get guaranteed gold* and an NBAD MasterCard® Debit Card

Earn a return equivalent of up to 2.61% p.a.** in the value of gold by simply

  • Keeping the balance in your NBAD account for a minimum period of 3 months and
  • Spending at least AED 2,000 using your NBAD MasterCard® Debit Card
Balance increase during the campaign
Guaranteed gold
AED 1 Million and above up to AED 5 Million
35 grams for every AED 1 Million
Above AED 5 Million
45 grams for every AED 1 Million

NBAD Elite Gold Current Account

Apply online for an NBAD Elite Gold Current Account and one of our representatives will contact you

Apply now

NBAD Elite Gold Savings Account

Apply online for an NBAD Elite Gold Savings Account and one of our representatives will contact you

Apply now
For further information, please contact your Relationship Manager
*Terms and Conditions apply.
**Equivalent earnings are calculated on an average balance growth of AED 5 Million and guaranteed gold* of 45 grams.
Gold price assumed as AED 145 per gram. This is a promotional offer valid for a limited period only and may be subject to change / discontinuance at the sole discretion of the Bank.

Terms & Conditions

  • Promotion period is from 1st November 2016 to 31st December 2016 (both days included).
  • Only new to bank Elite Gold and selected existing Elite Gold customers are eligible for the campaign.
  • Increase in funds must be in Current or Savings account only. Funds deposited in Fixed deposit and Call accounts do not qualify for the campaign.
  • In case of joint accounts, only primary customer will be eligible for the Gold.
  • At the end of the campaign the increase in funds will be determined. The funds increased during any point in time during the campaign should remain in the account for at least 3 months period, starting from the date of the actual increase.
  • To get guaranteed Gold customer need to do the following
    • For new to bank Elite Gold
      • Open a CASA account and fund it by AED 1mn and above, and
      • Keep the total CASA balance for a ‘hold period’ of at least 3 months, and
      • Use NBAD MasterCard Debit card for purchase of at least AED 2,000 during the 3 month hold period
    • For selected existing Elite Gold
      • Grow the customer level balance by AED 1mn and above (in CASA account only), and
      • Keep the total growth in CASA balance for a ‘hold period’ of at least 3 months, and
      • Use NBAD MasterCard Debit card for purchase of at least AED 2,000 during the 3 month hold period
  • The gold prize will be given for every AED 1mn incremental CASA balance. Gold Prize will be:
    • 35 gms for each AED 1mn growth in CASA balance (up to & including AED 5mn total growth)
    • 45 gms for each AED 1mn growth in CASA balance (beyond AED 5 mn total growth)
Growth Amount eligible for gold Eligible gold
3.6 Million 3 Million
105 gms (35 x 3)
5.8 Million
5 Million
175 gms (35 x 5)
7.2 Million
7 Million
315 gms (45 x 7)
  • The gold prize will be in the form of a gold voucher which can be redeemed for 22kt gold from the bank’s authorised gold merchant.
  • The maximum amount of gold a customer can get is 450gm.
  • The customer will not be eligible for any gold if the fund increase at the end of the campaign is reduced below the balance slab required for the gold during the hold period of 3 months.
  • Total increase at the end of the campaign is considered for calculation of the weight of the gold customer will get.
  • The bank reserve the right to discontinue the campaign at any time during the duration of the campaign and the discontinuation of the campaign will be informed through Elite Gold RMs one day in advance.
  • All customers who are eligible at the time of discontinuation of campaign will receive guaranteed gold once they complete the 3 month hold period.
  • The bank reserves the right at any time to add/modify/vary or cancel all or any of these terms and conditions without prior notice and without any responsibility whatsoever on its part (including modifying the prize value and eligibility at any time).
  • The winning customer will bear any and all charges, costs and expenses relating to or connected with the prize and/or the disbursement or receipt of the prize.
  • The wining customer will be notified by the bank through their registered mobile number.
  • The bank will attempt to reach the customer for a period of 1 month after which the prize will be forfeited.
  • NBAD has the right to block the funds transferred to the customer's account in the case of suspicion of any fraudulent activity, money laundering or financial terrorism or terrorist organisation or any compliance related issues.
  • NBAD reserves the right to disqualify a customer at any time as a winning customer at its sole discretion and without notice.
  • These terms and conditions shall be governed by and construed in accordance with the federal laws for the time being in force in the United Arab Emirates as they are applied in the Emirate of Abu Dhabi and the laws of the Emirate of Abu Dhabi.
  • Any dispute concerning the interpretation of these terms and conditions shall be submitted to the exclusive jurisdiction of the civil court of the emirate of Abu Dhabi.

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