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RAKBANK Current Account

RAKBANK Current Account

RAKBANK

MINIMUM BALANCE

AED 3000.00

  • Cheque Book
  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • You can choose the currency for your Current Account
  • Get a Cheque book for AED account
  • Free Debit Card

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 2.00

Transaction Charges Abroad

ATM2.00

Non-Bank ATM20.00

Interest/Return

Nil

Minimum Balance

AED 3000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 25.00

Features

  • RAKBANK’s Current Bank Account with a low minimum balance, and a choice of local and international currencies, makes it an attractive option.
  • Dirham, US Dollar, Euro or Pound Sterling – you choose the currency for your Current Account. Other currencies may be approved upon request
  • Get a Cheque book for AED account
  • FREE Debit Card, which gives you 24/7 global access through any MasterCard ATM
  • Monthly current account statements detailing all transactions
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RAKBANK RAK Booster

RAKBANK RAK Booster

RAKBANK

MINIMUM BALANCE

AED 3000.00

  • Internet Banking
  • Mobile Banking App
  • Enjoy monthly interest rates of up to 1.25% p.a.
  • Can open a RAKbooster Online Savings Account in AED or USD

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM0.00

Interest/Return

0.50 %

Minimum Balance

AED 3000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 25.00

Features

  • The RAKbooster Account gives you more access to your money than any other account of its kind. And it gives a boost to your savings by offering up to 1.75% p.a. Increase your savings and enjoy monthly interest rates of up to 1.25% p.a.
  • Earn an additional bonus of 0.25% p.a. for preceding 3 months, if there is no debit transactions and if the previous bonus in not credited during preceding 3 consecutive months
  • Earn an additional bumper bonus of 0.25% p.a. for preceding 12 months, if there is no debit transactions and if the previous bumper bonus in not credited during preceding 12 consecutive months
  • You can open a RAKbooster Online Savings Account in AED or USD
  • Interest for your RAKbooster Savings Account is calculated daily and paid monthly.
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RAKBANK RAK Save

RAKBANK RAK Save

RAKBANK

MINIMUM BALANCE

AED 3000.00

  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • Free Debit Card
  • Monthly account statement clearly detailing all transactions

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 2.00

Transaction Charges Abroad

ATM2.00

Non-Bank ATM20.00

Interest/Return

0.25 %

Minimum Balance

AED 3000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 25.00

Features

  • RAKsave is an interest bearing savings account, minors can have an account too. It has a low minimum balance requirement
  • , interest payout

  • and these other great features:
  • Free Debit Card


  • to access your savings account through any ATM in the UAE
  • Instant account access so you can pay your bills or conduct account transfers through RAKdirect our 24-hour telephone banking service
  • Monthly account statements clearly detailing all transactions.
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RAKBANK RAKvalue

RAKBANK RAKvalue

RAKBANK
  • Cheque Book
  • Debit Card
  • Internet Banking
  • Mobile Banking App

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM0.00

Interest/Return

Nil

Minimum Balance

AED 0.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 0.00

Features

  • Banking Benefits:
  • 1 Cheque Book (25 Leaves) per month (available only to AED Current Account)
  • Cash Withdrawals every month from any non-RAKBANK ATM (located in the UAE)
  • 2 Internal Standing Orders per month
  • 1 International Remittance through SWIFT per month (waiver of RAKBANK charges only)
  • 1 Manager’s Cheque/ Demand Draft per month
  • No Minimum Balance required
  • Insurance Benefits:
  • Motor Takaful Discount of AED 100


  • Life Takaful Cover (AED)
  • Secure Wallet cover (up to AED 10,000)
  • Travel Takaful Benefit With Worldwide Cover For You and Your Family



  • Car value to be greater than or equal to AED 75,000
  • Lifestyle Benefits:
  • Complimentary International Motoring Company (IMC) Roadside Assistance and Concierge Services

  • RAKvalue Offers
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RAKBANK RAKvantage

RAKBANK RAKvantage

RAKBANK

MINIMUM BALANCE

AED 3000.00

  • Cheque Book
  • Internet Banking
  • Mobile Banking App
  • Unlimited FREE cheque books and drawings
  • Instant account access for bill payments and account transfer

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 0.00

Transaction Charges Abroad

ATM0.00

Non-Bank ATM0.00

Interest/Return

Nil

Minimum Balance

AED 3000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 25.00

Features

  • RAKvantage is a high interest rate AED/USD Personal Banking account for UAE residents and non- resident GCC Nationals in the UAE.This account is offered to RAKselect & RAKelite customers.
  • Unlimited FREE cheque books and drawings
  • Instant account access for bill payments and account transfers through RAKdirect our 24-hour telephone banking service
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RAKBANK Savings Account

RAKBANK Savings Account

RAKBANK

MINIMUM BALANCE

AED 3000.00

  • Debit Card
  • Internet Banking
  • Mobile Banking App
  • You can choose the currency for your Savings Account
  • Free Debit Card
  • Transfer funds between your accounts easily

Transaction Charges in UAE

ATM 0.00

Non-Bank ATM 2.00

Transaction Charges Abroad

ATM2.00

Non-Bank ATM0.00

Interest/Return

1.00 %

Minimum Balance

AED 3000.00

Minimum Deposit

AED 0.00

Monthly Min Balance Fee

AED 25.00

Features

  • RAKBANK’s Savings Account offers you highly competitive interest rates, and credits interest to your account every six months.
  • Dirham, US Dollar, Euro or Pound Sterling – you choose the currency for your Savings Account. Other currencies may be approved upon request
  • FREE Debit Card.
  • Get access to your savings account 24 hours, 7 days a week through any ATM in the UAE
  • Unlimited access to your savingsGet monthly, quarterly or bi-annual statements with your Savings Account. If Debit Card option is selected, monthly statements are issued by default
  • Transfer funds between your accounts easily and conveniently
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