Get more from your salary
Simply transfer your salary to Rakbank to receive up to 4,000 cashback as per the table below.
| Salary Amount | Cash Reward |
|---|---|
| 5,000 to 9,999 (Only for customers enrolled under RAKempower Payroll Solution or RAKmore) |
500 |
| 10,000 to 19,999 | 1,000 |
| 20,000 to 49,999 | 2,000 |
| 50,000 and above | 4,000 |
Hurry! This limited time offer is only until 31 October 2026.
* Terms & conditions apply.
Why Opt for a Salary Transfer Account?
Are you still receiving your salary in cash or through cheques? It might be time to consider transferring your salary to a bank account.
Not only is it more secure, but it also makes managing your finances a lot easier. Also, many employers require their employees to have a bank account for salary transfers.
This is because it simplifies the payment process and provides a record of all transactions, making it easier to monitor employee salaries and tax payments.
Overall, transferring your salary to a bank account can save you time and effort while providing added security and accountability.
Rakbank account referral offer
Earn up to 250 every time a friend joins Rakbank
Refer a friend. Get rewarded.
When someone you refer opens a Rakbank account and starts transferring their salary, you earn a cash reward, just for making the introduction.
How to refer them:
 |
Send a text to 3579 from your registered number: MGM [First Name] [10-digit Mobile Number] Example: MGM Abdalla 0561234567 |
 |
Your friend opens a Rakbank account via the app's pre-login journey and transfers their salary |
 |
Your cash reward will be credited to your account when your referral completes their consecutive 3-month salary transfers |
Here's what you can earn:
| Their monthly salary transfer | Your cash reward |
| 5,000 – 9,999 | 100 |
| 10,000 – 19,999 | 150 |
| 20,000 – 50,000 | 250 |
View the offer terms and conditions.
Offer is valid until 31 October 2026.
Explore your options
Transfer your salary to Rakbank and enjoy exclusive benefits.
Bank on the go, anytime, anywhere
Discover the Rakbank app and enjoy digital banking designed to fit your day. Manage your accounts, make secure transactions, and access smart features all in one simple, easy-to-use app
