Standard Savings Account

Help Centre - Standard Savings Account Terms | RAKBANK UAE

Savings Account

We offer the best savings account in UAE. It includes competitive interest rates, no minimum balance requirement in the first 3 months of opening, and the flexibility to open in AED or other currencies.

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

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Open a RAKBANK Savings Account and earn competitive interest rates. Save more with our hassle-free account management and online banking services.

Savings Accounts With No Minimum Balance For 3 Months | RAKBANK UAE

Welcome to the best Savings Account in the UAE

Save with 0.25% p.a. interest and no minimum balance for 3 months

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Earn Emirates Skywards Miles with every deposit into your RAKBANK Emirates Skywards Savings Account. Save money and travel more!

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

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Boost your savings with monthly and bonus interest rates

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Terms and Conditions Notification

Important Information

<ul>
<li style="font-weight: 400;" aria-level="1">Foreign currency denominated account may incur negative interest. Applicable negative interest will be debited from the available balance. This may cause reducing available balance even without customer induced withdrawals.</li>
<li style="font-weight: 400;" aria-level="1">Interest is not paid if monthly accrued interest is less than AED 10, USD 3 or GBP 2.</li>
<li style="font-weight: 400;" aria-level="1">The Bank may close the Account if KYC or identification documents are not updated regularly, or if required as internal policies or upon request from regulatory/ judiciary entities.</li>
</ul>

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