Wio will let customers open Fixed Saving Spaces in USD, GBP and EUR from 1 October 2025. Terms run from 1 to 12 months. Headline rates are 3.25% p.a. in USD, 2.5% p.a. in GBP and 1.0% p.a. in EUR. AED fixed rates remain available, including up to 6% p.a. on a 1-month Salary plan deposit, 4.5% p.a. for 3 months, and 4.4% p.a. for 6 or 12 months. For flexible savings, Wio has set AED at 3.25% p.a. and USD at 2.75% p.a. with no minimum term. Here’s the simple version of what’s new, how the rates line up, and who each option suits.
What’s new on 1 October 2025
Wio is introducing three new multi-currency fixed options and updating flexible rates.
- New Fixed Saving Spaces in:
- USD at 3.25% p.a.
- GBP at 2.5% p.a.
- EUR at 1.0% p.a.
- Terms from 1 to 12 months
- Existing AED fixed options remain
- Flexible Saving Spaces updated to:
- AED at 3.25% p.a.
- USD at 2.75% p.a.
This rollout gives UAE customers a way to hold and grow money in the currencies they actually spend or plan to use. If you are paid in dirhams but travel, shop, or invest in the US, UK or Europe, earning interest in those currencies helps you avoid shifting exchange rates on maturity.
The flexible AED and USD rates also cover short-term needs when you want instant access without locking funds. Wio has also been active on the lending side, with a partnership for SME lending that shows how it is widening its product set.
AED fixed rates vs USD/GBP/EUR fixed rates
AED fixed rates are higher than the new USD/GBP/EUR rates, but currency goals matter.
- AED Fixed Saving Spaces:
- Up to 6% p.a. for 1-month on Salary plan
- 4.5% p.a. for 3-month deposits
- 4.4% p.a. for 6- or 12-month deposits
- New foreign-currency fixed rates:
- USD: 3.25% p.a.
- GBP: 2.5% p.a.
- EUR: 1.0% p.a.
- Access:
- Fixed Saving Spaces pay on maturity
- Flexible Spaces pay at the updated variable rates with no minimum term
If your main goal is yield in dirhams, AED fixed still leads. If you want to save for a US holiday, UK tuition or a euro-area property deposit, the fixed foreign-currency options let you build that balance without worrying about FX on the payout date.
Treat the currency as part of your return, not just the percentage. This fits into the wider trend of UAE banks shifting products, from higher savings rates to bank security changes that change how you move money between accounts.
Flexible Saving Spaces: when access beats a higher rate
Wio has set new variable rates for flexible pots you can add to and withdraw from at any time.
- AED Saving Space: 3.25% p.a.
- USD Saving Space: 2.75% p.a.
- No minimum term
- Add and remove funds whenever you need
Flexible Spaces suit emergency funds, upcoming bills, and travel spending. You earn interest without committing to a lock-in. The trade-off is a lower rate than fixed terms. If you expect to need the money within weeks, flexible makes sense. If your timeline is clear, fixed terms may pay more overall.
Choosing a term: 1 to 12 months
Picking the right tenure is mostly about timing and cash flow.
- Go shorter (1–3 months) if:
- You want quick access to principal
- You expect rates to rise soon
- You’re testing a new currency goal
- Go longer (6–12 months) if:
- You have a defined target date
- You value certainty of returns
- You don’t need the funds before maturity
A ladder can help. Split the amount into multiple terms that mature monthly or quarterly. This keeps some cash coming back regularly while locking the rest for better consistency. Some users may mix this with alternative assets like fractional gold investing in UAE apps to spread risk.
Who benefits from each currency
Match the currency to spending and liabilities. That reduces FX risk and mental maths.
- USD at 3.25% p.a.:
- Regular US online purchases
- US travel
- USD-priced subscriptions or investments
- GBP at 2.5% p.a.:
- UK tuition or rent
- UK family transfers
- Pound-denominated travel budgets
- EUR at 1.0% p.a.:
- Eurozone holidays
- Future relocation to Europe
- Euro-priced services
Holding the goal currency removes one moving part on the day you spend. If you expect large FX swings, this can matter more than a higher AED rate. For UAE residents planning overseas expenses, pairing Wio’s new options with salary wallet and digital payouts in UAE services gives more control over how and when money is held.
How the Salary plan fits in
Wio’s Salary plan headline in AED is up to 6% p.a. for a 1-month fixed deposit. It’s a short, high-rate term aimed at people who prefer frequent rollovers.
- High rate for a 1-month lock-in
- Useful for monthly laddering in AED
- Works alongside foreign-currency fixed pots for specific goals
If you’re paid in AED but save in USD/GBP/EUR for trips or payments, you can mix the Salary plan for local yield with separate foreign-currency terms for spending abroad. These choices fit into a UAE banking market where both fintech apps and payment gateway options for UAE businesses are pushing for more flexible money flows.
Practical notes before you move funds
Keep the basics tight to avoid surprises.
- Check eligibility, fees and any funding or payout rules for each currency space
- Confirm how interest is calculated and paid at maturity
- Review FX conversion steps if funding from AED into USD/GBP/EUR
- Plan maturities around travel dates or payment deadlines
- Use a ladder if you’re unsure about locking the full amount
Small admin choices can save you a lot more than squeezing a few extra basis points. Maturity dates and FX timing are the usual pain points; fix those first. The backdrop is also a UAE fintech scene where Abu Dhabi’s startup ecosystem is shaping the next wave of neobanking products.
When do the new USD, GBP and EUR fixed options start?
From 1 October 2025.
What are the new flexible rates?
AED Saving Space at 3.25% p.a. and USD Saving Space at 2.75% p.a., both with no minimum term.
Can I choose terms for foreign-currency fixed spaces?
Yes. Terms range from 1 to 12 months, with interest paid at maturity.
