If you ever needed an added incentive for keeping active, Emirates NBD will pay you for it!
Customers can apply for Fitness Account via the Emirates NBD mobile banking app.
A great initiative by the bank to encourage their customers to exercise, as well as demonstrating the ease of setting up a savings account using their mobile app.
As connected devices increase in popularity globally, it will be interesting to see how other banks utilise this tech.
Emirates NBD is doing its bit to counter rising obesity levels in the Middle East, presenting 95 of its customers with a free one-year gym membership if they sign up to the bank's Fitness First account, which raises interest rates according to activity levels. Launched in 2015, Emirates NBD Fitness account enabless customers to earn interest of up to 2% p.a. on their savings based on the number of steps that they walk or run daily. Starting with a base rate of 0.25%, interest rates start stepping up with the number of strides that customers take daily, climbing to 0.50% p.a. as soon as they clock 5,000 steps, 1% p.a. when they walk 8,000 steps and to 2% p.a. when they cross 12,000 steps.