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Evantage Account
Life can get really busy - 24 hours a day just never seem to be enough to get everything done.
That’s why RAKBANK’s Evantage Account gives you the speed and convenience of managing your day-to-day finances online, with free online telex transfer options, while earning you interest at the same time.
Enjoy all these advantages:
- Convenient management of your finances online
- Attractive interest rates
| Balance Range (AED) | Interest(p.a.) |
| 0-9999 | 0.25% |
| 10,000-99,999 | 0.75% |
| 100,000-249,999 | 1.00% |
| =or>250,000 | 1.50% |
- Interest calculated on daily balances and paid monthly
- No minimum Account Balance and no Account Maintenance Charges
- Free Debit Card
- Free monthly electronic statements
- Free EDM Cash and Cheque deposits
- Free RAKdirect and RAKconnect facility
- Up to 1 International OR 3 Local Electronic Transfers free every month*
- Mail a Cheque facility on request*. Charges apply
- Free one time set up of an initial Balance Order to transfer balance above a set amount to your F@st S@ver Account*
- Check Account Balance and view Statements online
Get your Evantage account today. Click here to apply now through the website or visit your nearest RAKBANK branch.
* Only through Online Banking
Terms and Conditions- Terms and Conditions governing Personal Accounts and Online Banking services will apply.
- Only UAE nationals and residents who are 21 years and above in age can apply
- Single and Joint account holders (either or accounts only) permitted
- Branch transactions are restricted for this Account. Charges apply
- Interest payout on intra month closure of account will be as per Bank’s policy
- Up to 4 cheque leaf requests permitted within a 31 day period for mail a cheque facility
