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ACCOUNT FEATURES

High interest. Peace of mind.

If you want an easy way to grow your business savings, then this account is for you. Enjoy all the features of our improved Fixed Deposit Plus Account, with a guaranteed return of investment and better interest rates.

Fixed Deposit Account customers can find their information here.

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Available for all entities

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Flexible tenures and amounts

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Attractive interest rates

Based on tenures and amounts
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Minimum Amount

Currency Minimum Amount
AED 15,000
USD, GBP, EURO, CAD and AUD   5,000

For the purposes of this Product, other eligible currencies are limited to USD, GBP, EUR, CAD and AUD only.

Interest Rates

Interest Rates (% p.a.)— AED

Amount ≥7 days to <15 days ≥15 days to <1 Month ≥1 Month to <3 Months ≥3 Months to <6 Months ≥6 Months to <12 Months ≥12 Months to <18 Months ≥18 Months to <24 Months 2 years 3 years
≥15K up to 10M 3.56% 3.56% 3.63% 3.73% 3.92% 4.11% 4.05% 4.08% 4.12%

Interest Rates (% p.a.) — USD

Amount USD ≥7 days to <15 days* ≥15 days to <1 Month ≥1 Month to <3 Months* ≥3 Months to <6 Months ≥6 Months to <12 Months ≥12 Months to <18 Months ≥18 Months to <24 Months 2 years 3 years
≥5K up to 2.72M 3.47% 3.47% 3.49% 3.58% 3.70% 3.85% 3.87% 3.91% 3.91%

Interest Rates (% p.a.) — GBP

Amount GBP ≥7 days to <15 days* ≥15 days to <1 Month ≥1 Month to <3 Months* ≥3 Months to <6 Months ≥6 Months to <12 Months ≥12 Months to <18 Months ≥18 Months to <24 Months 2 years 3 years
≥5K up to 2.72M 3.55% 3.55% 3.58% 3.63% 3.77% 3.97% 4.00% 4.04% 4.06%

Interest Rates (% p.a.) — EURO

Amount EURO ≥7 days to <15 days* ≥15 days to <1 Month ≥1 Month to <3 Months* ≥3 Months to <6 Months ≥6 Months to <12 Months ≥12 Months to <18 Months ≥18 Months to <24 Months 2 years 3 years
≥5K up to 2.72M 2.02% 2.02% 2.04% 2.16% 2.25% 2.38% 2.45% 2.49% 2.51%

Interest Rates (% p.a.) — CAD

Amount CAD ≥7 days to <15 days* ≥15 days to <1 Month ≥1 Month to <3 Months* ≥3 Months to <6 Months ≥6 Months to <12 Months ≥12 Months to <18 Months ≥18 Months to <24 Months 2 years 3 years
≥5K up to 2.72M 1.99% 1.99% 2.00% 2.00% 2.08% 2.32% 2.45% 2.59% 2.74%

Interest Rates (% p.a.) — AUD

Amount AUD ≥7 days to <15 days* ≥15 days to <1 Month ≥1 Month to <3 Months* ≥3 Months to <6 Months ≥6 Months to <12 Months ≥12 Months to <18 Months ≥18 Months to <24 Months 2 years 3 years
≥5K up to 2.72M 4.08% 4.08% 4.17% 4.23% 4.33% 4.44% 4.25% 4.32% 4.32%

Note:

  1. No interest will be paid if:
    • the Fixed Deposit Plus amount is below 15,000; or
    • the Fixed Deposit Plus amount is below 5,000 in other eligible currencies; or
    • the deposit tenure is below 7 days.
  2. The rates shown above are fixed, quoted on a per annum basis, and are subject to change without prior notice.
  3. For deposit amounts greater than 10 million or 2.72 million in other eligible currencies, please contact your Relationship Manager or visit any Rakbank branch.
  4. Interest is paid at maturity or upon premature withdrawal, if applicable.

Fixed Deposit Plus Calculator

How to use this calculator
  1. Choose your preferred currency
  2. Enter the amount you wish to deposit
  3. Select how long you will hold this deposit in the account
  4. Click on "Calculate"
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Disclaimer
Estimated interest amount shown above is for illustration purpose only. Actual interest amount applicable may vary based on the actual balances maintained in your account, interest rate, interest period and as per product terms and conditions.

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