RAKBANK Evantage Account | MoneyCamel

RAK Bank

RAKBANK Evantage Account

CAMEL VIEW
  • Interest calculated daily & paid monthly.
  • No Minimum Balance & No Maintenance fee.
  • Meant for online use.
  • Accounts not activated within 30 days of receiving the SMS (through Click & collect) will be closed.
FEATURES
Interest/Profit Rate 
1.25 % p.a.
Average Balance 
AED 0
Free Internet Access 
Yes
Standing Instructions Facility 
Yes
Bill Payment Facility 
Yes
Phone Banking Facility 
Yes
Interest Bearing Account 
Yes
Debit Card Facility 
Yes
Funds Transfer Facility 
Yes
FEES & CHARGES
ADDITIONAL INFORMATION

There is no minimum balance required or maintenance fee.

Benefits 

Manage your finances online and earn attractive interest rates of up to 1.25% based on the following balance tiers: Below AED 9,999: 0.25% AED 10,000-99,999: 0.75% AED 100,000-249,999: 1.00% =or> AED 250,000: 1.25%

Other Benefits & Conditions 

You get a Free Debit Card, Free monthly electronic statements, Free EDM Cash and Cheque deposits, Free RAKdirect and Mobile Banking Channel facility, and Free one time set up of an initial Balance Order to transfer balance above a set amount to your F@st S@ver account.

Fine Print 

Get up to 1 International OR 3 Local Electronic Transfers free every month (through online/mobile banking).

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