RAKBANK Savings Account
- FREE Debit Card.
- Fund transfer facility between accounts.
- No minimum balance required for first 3 months.
- Accounts not activated within 30 days of receiving the SMS (through Click & collect) will be closed.
Individuals can apply for the savings account online through "Click and Collect".
Save more with attractive interest rates. Interest is credited to the account every six months. You also get a Free Debit card & unlimited access to your savings.
You can get monthly, quarterly or bi-annual statements with your Savings Account. If debit card option is selected, monthly statements are issued by default. You can also transfer funds between your accounts easily.
AED 25 per month is charged for non-maintenance of minimum balance in the account.