Dubai bank launches savings account linked to fitness
Emirates NBD, Dubai’s biggest bank, has announced the launch of a new savings account that links health to wealth.
The Emirates NBD Fitness Account is a mobile-based savings account that allows customers to earn higher interest on their balances linked to their level of physical activity.
Customers will earn interest of up to 2 percent pa on their savings based on the number of steps that they walk or run daily.
Starting with a base rate of 0.25 percent, interest rates start stepping up with the number of steps that customers take daily, climbing to 0.50 percent pa as soon as they clock 5,000 steps, 1 percent pa when they walk 8,000 steps and to 2 percent pa when they cross 12,000 steps.