Savings Accounts With No Minimum Balance For 3 Months

Account Features

Welcome to the best Savings Account in the UAE

Get ready to save with competitive interest rates, no minimum balance requirement for the first 3 months, and a choice of account currencies.

Featured interest rate

0.25%

Interest is accrued daily on closing balances and paid bi-annually in June and December.

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Switch to better returns

Earn 6.5% p.a. welcome bonus interest*

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Earn up to 4,000

Simply switch your salary to RAKBANK*

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Crypto Brokerage

Buy Crypto in AED. Pay zero fees.*

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Different currency options

Choose USD, EUR, GBP and more

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Convenient money transfers

With RAKMoneyTransfer

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No miminum balance

For the first 3 months

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Next-gen Digital Banking

The future of banking is at your fingertips

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Quick account setup

Open your account in minutes

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Everyday Banking Packages

Tailored benefits that fit your needs

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Interest Rates

Grow your money with our competitive interest rates

Savings Account Currency	Interest Rate (p.a.)
AED	0.25%
USD	0.25%
GBP	0.25%
EUR	0%
CHF	0%
JPY	-0.60%

Enjoy convenient cardless cash withdrawals

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RAKBANK mobile and digital banking features enabling customers to bank anytime, anywhere

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