RAKBANK F@st S@ver
- Interest calculated daily & paid monthly.
- No minimum Balance & no Maintenance fee.
- Only for salaried or self-employed individuals.
- Branch transactions are restricted for this account.
No cap on maximum account balance on which interest can be earned for AED accounts. You can also open the account online through "Click & Collect".
Maximize your savings with high interest rates of up to 2% p.a. (AED) and up to 0.6% p.a.(USD). Interest is paid monthly and is based on the following account balance tiers (for AED only): 2.00% for <= AED 500K 1.50% for > 500K to <= 2 Million 1.25% for > AED 2 Million to <= AED 5 Million 1.00% for > AED 5 Million to <= AED 25 Million 0.75% for > AED 25 Million
There is No Minimum Balance required or Account Maintenance Charges. Get Free EDM Cash & Cheque deposits & Free RAKdirect & Mobile Banking Channel facilities.
1 withdrawal and/or 5 Utility/RAKBANK Credit Card payments allowed per month. 0.50% p.a. (AED) and 0.15 % p.a. (USD) interest rate will apply for more than the permitted transactions.