RAKbooster interest is calculated daily & paid into your account every month

 Interest rates p.a. up to

Boost your savings with the RAKBANK RAKbooster account, offering high interest rates and easy access to funds to maximize your savings potential.

RAKbooster Savings Account With Bonus Interest Rates | RAKBANK UAE

RAKbooster Account

Boost your savings with monthly and bonus interest rates

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Salary transfer to this account possible

RAKBooster - Ultimate Flexibility

Ultimate flexibility

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RAKbooster - More Savings

We know the importance of saving and we’ve designed the RAKbooster Account to make it as rewarding as possible. <br></br>
The more money you deposit, the higher the interest rate will be! You can earn up to 1.75% p.a. by growing your balance.
<br></br>
<strong>Earn 0.50% p.a. bonus if the following conditions are met:</strong> <br>
<li>Monthly interest is credited to the account for each preceding 3 months</li>
<li>No debit transaction performed in the preceding 3 months</li>
<li>If bonus is not already credited during the preceding 3 months</li>
</br>
<strong>Earn an additional 0.50% p.a. bumper bonus if the following conditions are met:</strong><br>
<li>Monthly interest is credited to the account for each preceding 12 months</li>
<li>No debit transaction performed in the preceding 12 months</li>
<li>If bumper bonus is not already credited during the preceding 12 months</li>


More deposits = higher interest rate

More savings = higher interest rate

No min salary/income required

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Apply online

Product application has never been this simple

Apply Online

Scan the QR code to download the app from the Apple App Store

Download the RAKBANK Mobile app!

Discover the RAKBANK App and enjoy cutting-edge Digital Banking services at your fingertips. Seamlessly manage your accounts, conduct secure transactions, and enjoy a range of innovative features – all in one user-friendly platform.

Scan the QR code to download the app from the Google Play Store

Standard Current Account - RakMobile

Bank on the go anytime, anywhere

Maximum interest rate from 0.25% to 0.75% p.a.

Maximum interest rate from 0.25% to 0.75% based on balances. Additional bonus interest for eligible customers.

Account

Use our branch and ATM machine locator to find the nearest RAKBANK facility to you within the Middle East, in just a few clicks. Timings are available too.


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<p>The RAKbooster Account comes with Bonus and Bumper Bonus interest!</p>
<p>Earn 0.50% p.a. bonus interest when you meet the following conditions:&nbsp;</p>
<ol>
<li>Monthly interest is credited to the account for each preceding 3 months</li>
<li>No debit transaction performed in the preceding 3 months</li>
<li>If bonus is not already credited during the preceding 3 months</li>
</ol>
<p>Earn an additional 0.50% p.a. bumper bonus interest when you meet the following conditions:</p>
<ol>
<li>Monthly interest is credited to the account for each preceding 12 months</li>
<li>No debit transaction performed in the preceding 12 months</li>
<li>If bumper bonus is not already credited during the preceding 12 months</li>
</ol>

RAKBooster - Earn Bonus Interest Rates

Up to 1% extra up for grabs

Earn bonus interest rates

One free monthly account statement

account monthly free One

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RAKbooster - Do I get a debit card with my RAKbooster Account?

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Key Fact Statement

Service and Price Guide 

Terms and Conditions

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RAKbooster - Free Monthly Statements

Free monthly statements

AED 50,000-above

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Minimum monthly average balance of AED 3,000

Personal - Apply From RakMobile

Download the RAKBANK app and apply instantly

Not a RAKBANK customer?

Account purpose: Savings

<p>We understand that peace of mind comes when you stay up-to-date with your accounts. <br /><br />That&rsquo;s why we send your free monthly account statements directly to your email.</p>

RAKBooster - Free Monthly Statements

<p>RAKbooster is all about flexibility. You can choose 1 withdrawal and/or 5 utility&nbsp; RAKBANK Credit Card payments per month, and still be eligible for the monthly interest stated in the interest rates table.</p>
<p>Please note:</p>
<ol>
<li>Utility payments should be done through Digital Banking</li>
<li>No interest will be payable if you make more than 1 withdrawal, 5 utility bill payments, or RAKBANK Credit Card payments in a month.</li>
<li>Bonus and bumper bonus interest is not paid if there is any debit transaction in the account.</li>
</ol>

Additional funding account required

Min age 18 years old

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BENEFITS

Get more from your savings

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RAKbooster - We’re here to help

Available in AED & USD

Available in AED, USD

For UAE residents & non-residents

Offered to both residents and non-residents

Withdrawal restriction: Only 1 withdrawal and/or 5 utility/RAKBANK credit card payments allowed per month

AED 20,000-49,999

RAKBooster - Interest Rate table

Interest Rates Table

<p><strong>RAKbooster Rates - AED</strong></p>
<table>
<thead>
<tr>
<th><strong>Balance Tiers</strong></th>
<th><strong>Interest Rate (p.a.)</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><span style="font-weight: 400;">From AED 25K to AED 1M</span></td>
<td>0.25%</td>
</tr>
<tr>
<td>Greater than AED 1M to AED 10M</td>
<td>0.50%</td>
</tr>
<tr>
<td><span style="font-weight: 400;">Greater than AED 10M to AED 25M</span></td>
<td>0.75%</td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p><strong>RAKbooster Rates - USD</strong></p>
<table>
<thead>
<tr>
<th><strong>Balance Tiers</strong></th>
<th><strong>Interest Rate (p.a.)</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>Greater than USD 50k to USD 1.5M</td>
<td>0.15%</td>
</tr>
<tr>
<td>Greater than USD 1.5M to 6.5M</td>
<td>0.25%</td>
</tr>
</tbody>
</table>

 Best online savings interest rates to help you grow 

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FAQs

RAKbooster - Attractive interest for the digitally savvy

ACCOUNT FEATURES

<p>Boost your savings with interest rates of up to 1.75% p.a. <br />The RAKbooster Account gives you more access to your money than any other account of its kind, and offers bonus interest rates, flexible withdrawals and credit card payments. <br /><br />RAKbooster is an online account and is available in AED and USD.</p>

Attractive interest for the digitally savvy

Benefits

RAKbooster - Available in AED

We know that more currency options help you take better control of your money.<br></br>

That's why we're offering the choice of opening your account in AED or USD.

Available in AED and USD

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<ol>
<li>Your Emirates ID</li>
<li>Your Passport with valid residency visa</li>
<li>Any of the following proof of income</li>
</ol>
<ul>
<li>Salary Certificate</li>
<li>Bank Statements</li>
<li>Payslips</li>
<li>Labour Contract</li>
</ul>

Balance Tiers	Interest Rate (p.a.)
From 25K to 1M	0.25%
Greater than 1M to 10M	0.50%
Greater than 10M to 25M	0.75%