Wio Bank PJSC, recognized as the Middle East’s first digital financial platform, has launched the Wio Personal Salary Plan, offering salaried individuals in the UAE a remarkable 6% interest rate on their savings. This plan aims to enhance the financial wellness of employees amid rising concerns about financial stress impacting workplace productivity and mental health.

The Wio Personal Salary Plan transforms standard salary accounts into tools for financial growth and stability. It provides 6% interest per annum on Fixed Saving Spaces, one of the highest rates available in the UAE, while also offering 3% interest per annum on current account balances. This unique structure allows customers to build wealth automatically, fostering improved financial wellness without the need for active management.

Jayesh Patel, CEO of Wio Bank PJSC, emphasized the importance of making bank accounts work for individuals. He stated, “In today’s fast-paced economy, bank accounts should do more than just hold money—they should create opportunities for growth.” The plan allows individuals to enhance their financial security effortlessly with each paycheck, aligning with Wio Bank’s mission to deliver valuable financial tools to customers.

The plan also includes various components to bolster financial wellness. Through a single app, users can save up to 3.5% on global transactions with multi-currency accounts in USD, EUR, and GBP. They can earn up to 2% cashback on credit card spending (up to AED 2 500 per month) and invest in over 2 500 stocks, ETFs, and cryptocurrencies. This comprehensive approach simplifies both daily money management and long-term wealth building, featuring a hassle-free digital account opening process that requires no paperwork.

Targeting individuals earning AED 15 000 or more monthly, the Wio Personal Salary Plan aligns with the UAE’s vision for financial well-being and digital advancement. Companies that partner with Wio can offer their employees special access to this financial wellness benefit at no extra cost to themselves.

Wio Bank’s innovative, high-yield banking solution is designed to support residents in achieving long-term financial wellness. By promoting smarter saving habits and enhancing digital banking adoption, Wio Bank contributes to the UAE’s economic development while reinforcing its leadership in fintech innovation.