Annual Grand Draw
One Year. One Winner. One Life-Changing Prize.
Stay consistent with your savings and stand a chance to win our grand annual prize — the ultimate reward for smart saving. Every month you qualify brings you closer to becoming our next millionaire.
Save Smart. Win Big. Live the Millionaire Dream.
With the Mbank Millionaire Account, your savings do more than grow — they give you monthly chances to win and a shot at a grand annual prize.
Enjoy full access to your money with an Mbank Debit Card and mobile banking, all while saving transparently and effortlessly.
Monthly Draws
Save More. Win More.
To qualify keep an Average Monthly balance of just AED 1,000 and get automatically entered into our monthly prize draws — no extra steps needed. The more you save, the greater your chances to win exciting rewards every month.
Event-Based Draws
Special Occasions. Special Rewards.
Celebrate key moments with us! During festive seasons and special bank events, enjoy exclusive prize draws for eligible Millionaire Account holders. Stay active, stay eligible — and you could win during our limited-time event campaigns.
Draw Schedule
Monthly Draws: Conducted at the end of each month. Maintain a qualifying balance to be automatically entered.
Annual Grand Draw: Held at the end of the year, combining all eligible monthly entries for a chance to win the ultimate prize.
Event-Based Draws: Special draws take place during key occasions and promotional periods — offering additional chances to win for active account holders.
Draw Calculator
Know Your Entries. Boost Your Chances.
Maintain the required average monthly balance for 30 consecutive days and find out how many draw entries you’ve earned. Track your entries month by month, and watch them multiply toward the Annual Grand Draw!
Try the Calculator Now
Average Monthly Balance ( AED 1,000 )
Your Entries into the
Annual Grand Draw
Your entries into the next
Monthly Draws are
Winners List
Celebrating Our Lucky Savers.
See who’s already winning with the Mbank Millionaire Account!
Browse the list of past winners from our monthly, annual, and event-based draws. You could be next — keep saving and stay in the game.
Rules & Eligibility Important Information
Keep your account active and eligible.
Maintain the minimum average balance to qualify for draws. Entries reset after the annual draw, and terms apply as per Mbank policies.
All draws, from monthly to annual are conducted under regulatory supervision with third-party auditors, ensuring trust, fairness, and complete transparency.
Stay Consistent to Stay Eligible
Maintain an average monthly balance of AED 1,000 to qualify for draw entries. Avoid dropping below this threshold during the month to stay eligible.
Annual Reset and Fair Draw Process
All entries reset after the Grand Draw is conducted each year, giving everyone a fresh chance to win. Every draw—monthly or annual—is held under strict regulatory supervision to ensure complete transparency and fairness for all participants.
Watch How It Works
A quick look at how saving with Mbank could make you a millionaire.
Learn how to qualify, earn coupons, and maximize your chances in our exciting monthly and annual draws—all in under a minute.
Get a head start on your digital banking journey
All the answers. Right here.
Get all the answers you need to frequently asked questions.
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What is Mbank Millionaire Account?
The Mbank Millionaire Account is a prize-linked, non interest bearing savings account that offers UAE residents and businesses a chance to win cash prizes of up to AED1 Million, by maintaining a minimum average monthly balance, while providing features of a standard transactional account.
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Who can Apply for an Mbank Millionaire Account?
All UAE resident individual customers, aged 18 years and above holding a valid Emirates ID and all business entities incorporated in the UAE are eligible to open an Mbank Millionaire Account.
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What are the draw prizes under Mbank Millionaire Account?
The Mbank Millionaire draw account is your chance to be part of the new draw account in the UAE and win millions in prizes. You could be 1 of 120,785 WINNERS annually. Annual draw schedule:
- AED1,000,000 (1 Grand Prize Winner)
- AED100,000 (7 Winners)
- AED10,000 (7 Winners)
- AED1,000 (70 Winners)
- AED100 (700 Winners)
- AED10 (120,000 Winners)
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What if I already have an Mbank Account, do I still need to open an Mbank Millionaire Account?
The Mbank Millionaire Accounts is a new product. Therefore, even if you already hold an Mbank account, you will need to open a separate Mbank Millionaire Account, deposit or transfer new funds into it, and maintain the required balance to be eligible for the prize draws. Please note that funds held in your other Mbank accounts will not automatically qualify you for the Millionaire Account draws.
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How is the Mbank Millionaire Account different from a regular Savings Account?
Mbank’s Millionaire Account offers you a chance to win cash prizes of up to AED1 million grand prize, whilst having features and benefits of a regular savings account.
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How do I open an Mbank Millionaire Account?
It’s easy and simple.
- New Mbank Customers: Download the Mbank UAE Mobile App and follow the on-screen instructions to open an account instantly.
- Existing Mbank Customers: Log into your Mbank UAE Mobile App, navigate to the 'Mbank Millionaire Account' section, open the Mbank Millionaire Account, and easily transfer funds into this new account.
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How is the Average Monthly Balance in the Mbank Millionaire Account calculated?
Your Average Monthly Balance (also referred to as Monthly Relationship Balance) is calculated as follows – (*The Daily Closing Balance X Number of Days) / Total Number of Days in the Month. *The daily closing balance is the amount held in your account at the end of each calendar day.
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What are the features & benefits of a Mbank Millionaire Account?
The Mbank Millionaire Account
- Prize Draw Eligibility: Your opportunity to participate in our exclusive prize draws for a chance to win substantial cash prizes, including the AED1 Million grand prize.
- Free Debit Card: Enjoy the convenience of a complimentary virtual debit card for your daily transactions.
- 24/7 Accessibility: Access your funds anytime, anywhere through ATMs, our mobile banking application, and online banking.
- Broad Eligibility: Offered to all UAE residents individuals and business entities incorporated in the UAE.
- Low Minimum Balance & Draw Qualifier: A minimum average monthly balance of AED1,000 is required to qualify for prize draws.
- Draw Entry Calculation Methodology: Every AED100 average monthly balance in your Mbank Millionaire Account earns you an entry into the draw, more entries increase your winning potential.
- Loyalty Bonus: Entries accumulated from previous months are aggregated for the AED1 Million Grand Draw, rewarding your sustained savings.
- Full Transactional Account: This account functions as regular transactional account, equipped with a debit card and is accessible across all our digital channels (Internet Banking, Mobile Banking, and SMS Banking).
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Are there any restrictions of opening an Mbank Millionaire Account?
Al Maryah Community Bank L.L.C (Mbank) and its subsidiary employees and their immediate family members (parents, spouse(s), siblings, and children) are not eligible to open Mbank Millionaire Accounts.
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Who is eligible for the draw under Mbank Millionaire Account?
Eligibility for the Mbank Millionaire Account withdraw is extended to all UAE residents and business entities incorporated in the UAE, who:
- Successfully opened an Mbank Millionaire Account
- Maintain a minimum average monthly balance of AED1,000
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How are the Draw Entries calculated under the Mbank Millionaire Account?
To qualify for the draws, a minimum average monthly balance of AED1,000 is required. Draw entries are calculated based on your average monthly balance: Every AED100 average monthly balance earns you one entry.
- Scenario 1: If your average monthly balance is AED1,500 in your Mbank Millionaire Account, you will receive 15 entries.
- Scenario 2: If your average monthly balance in your Mbank Millionaire Account is AED20,000, you will receive 200 entries.
- Scenario 3: If your average monthly balance in your Mbank Millionaire Account falls below AED1,000, you will receive 0 (zero) entries.
- Scenario 4: If your average monthly balance in your Mbank Millionaire Account is AED51,482.50, you will receive 514 entries; entries are rounded down.
Entries for monthly draws are calculated based on your average monthly balance maintained in the preceding calendar month.
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What does Loyalty Entries mean under Mbank Millionaire Account?
Loyalty entries reward your consistent savings. For the Annual Grand Draw (AED1 Million prize), all your entries from previous monthly draws within the annual draw schedule are aggregated.
Example: If you consistently maintain an average monthly balance of AED10,000 in your Mbank Millionaire Account for 12 consecutive months, you will earn 100 entries each month (10,000 / 100 = 100).
For the Annual Grand Draw, these entries will be combined: 100 entries/month * 12 months = 1,200 total entries. After the Annual Grand Draw, your loyalty entry counter resets for the new draw schedule. For a personalized estimated of your entries, and to know more, please utilize the Mbank Millionaire Account calculator available at Mbank Millionaire Account
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How will I know if I have won a prize under Mbank Millionaire Account?
Mbank Millionaire Account winners will be contacted directly by Mbank using their registered phone number or email address. Winners will typically be contacted within 30 business days of the draw. Mbank will never ask you for your account password or full debit card details for you to claim a prize.
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How will the prize be paid to the winner of Mbank Millionaire Account?
Your prize will be credited directly to the winner’s Mbank Millionaire Account. Prizes are typically credited within 30 business days of notification.
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If my Mbank Millionaire Account becomes dormant, will I still be eligible to enter the draws?
Yes, accounts classified as dormant will remain eligible for entry into the Mbank Millionaire Account draws, provided they meet the minimum average monthly balance requirement.
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Are the draws conducted under the Mbank Millionaire Account supervised?
Yes, all Mbank Millionaire Account draws are conducted under the direct supervision of the Department of Economic Development in the Emirate where the draw is held.
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Where can I see the list of winners of Mbank Millionaire Account?
Mbank Millionaire Account to view the winner list of Mbank Millionaire Account.
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Are there any fees & charges associated with the Mbank Millionaire Account?
Fees & Charges to view the applicable fees & charges related to Mbank Millionaire Account.