#PerfectlyEmirati
At RAKBANK, we celebrate your culture, values, and aspirations. Experience the joy of our exclusive banking package, meticulously crafted to provide you and your family with a spectrum of exceptional benefits.
Accounts
Discover the perfect account for your daily transactions
Whether you’re managing your day-to-day banking or planning for the future, every RAKislamic Emirati Account offer the distinct privileges, personalised service, and priority access that come with Elite banking segment. Because our Emirati customers hold a special place with us, we’re proud to extend this elevated banking experience to you.
Explore the RAKislamic Elite Account range, including the Watani Starter Account, Watani Current Account, Watani Savings Account, and Long/Short Term Investment Plan, each designed to help you make the most of your money with confidence and ease.
RAKislamic Elite Account
Experience premium banking designed exclusively for UAE Nationals.
No matter what stage you are in life, our range of accounts products are designed specifically for your needs.
Features:
- Free local ATM cash withdrawals
- Zero balance account
- Unlimited free domestic and international remittances
- Higher withdrawal limit
- Elite virtual Relationship Manager
- Elite customers will only have Relationship Manager if their salary is higher than 50K or maintain monthly 350K
Watani Starter Account
The best gifts last a lifetime. The Watani Starter Account is designed specifically for young Emiratis. It is a stepping stone to financial stability that stays with your child for life. Whether they are just taking their first steps or preparing for university, this account grows with them, providing digital access that fosters financial responsibility from an early age.
Features:
Zero balance account -
- No minimum balance requirement
Flexible tenure options -
- Choose a savings plan with Fawrun Term Deposit account, designed for long-term savings and financial growth.
Eligibility:
- Age: Minors (0 - under 18 years old)
Watani Current Account
Looking for a great day-to-day transactional account? Our Watani Current Account is available either in AED or other currencies, comes with a free chequebook and debit card, and a wide range of banking and lifestyle benefits.
Features:
- No minimum balance required (no fees)
- Convenient money transfers
- Instant virtual debit card
Eligibility:
- Age: 21 years old and above
Watani Savings Account
Welcome to the best savings account in the UAE. Get ready to save with competitive anticipated Profit rates and a choice of account currencies.
Features:
- No minimum balance
- Competitive anticipated Profit rates
- Convenient money transfers
Eligibility:
- Age: 18 years old and above
Investment Solutions
We offer a range of flexible and secure investment solutions to help you achieve your financial goals. Whether you're looking for short-term gains or a long-term investment strategy, we've got you covered.
Eligibility
- 21 years old and above
- Customer must have an active RAKBANK Current or Savings Account
Credit Card
The card that's uniquely your own #PerfectlyEmirati
Watani Credit Card
A card that’s uniquely designed for you #PerfectlyEmirati
Elevate your lifestyle with unmatched rewards and benefits designed exclusively for you.
The Shariah-compliant Watani Credit Card has been thoughtfully crafted using recyclable materials, aligning with the UAE’s vision for sustainability and innovation.
Features:
- Zero annual fee for life
- 100% cashback on Salik and DARB
- Discounted RAKrewards for flight bookings
- Free premium subscription & discounted games at Playtomic
- Free online streaming subscription
- Exclusive offers and special rates on card services
Eligibility:
- Age: 21 years old and above
- Other requirements: Monthly income of AED 15,000 and above
Finances
Explore a wide range of exclusive finances
Watani National Finance
Get the most out of our Personal Finance for UAE Nationals. With a finance amount of up to 20x your salary and the option to pay your first instalment in up to 360 days, there is no better personal finance for you.
Features:
High finance amount
Access funds of up to 20 times your salary at best rates., giving you the financial power to achieve your goals.
Flexible payments
Pay one EMI and get up to 360 days and enjoy a comfortable repayment period of up to 48 months (extended to 60 months for Armed Forces staff).
Eligibility
- Minimum monthly salary of AED 3,000
- Minimum of 1 month employment in current job
Watani Youth National Finance
Make your big dreams and ambitions a reality.
Our hassle-free finance are designed to meet the financial needs of young UAE Nationals.
Start your financial journey today with confidence and independence.
Features:
- High finance amounts & flexible repayment options
- Finance top up option
Eligibility:
- Age: At least 21 years old
- Other requirements:
- Minimum monthly salary of AED 10,000
- New to job (1st job) with confirmed employment or have been employed for more than 3 months
Watani Auto Finance
Get in the driver's seat sooner with a fully equipped finance with minimum formalities.
Features:
Minimal formalities
Time is precious. We've streamlined the process so you can drive away with your dream car faster than ever before. Minimum paperwork, maximum convenience.
Drive now, pay later
Take the wheel today and worry about payments tomorrow. Your first instalment isn't due until 60 days after approval, with payment periods stretching up to 60 months. Salaried customers can enjoy this without transferring their salary.
Eligibility:
- Must be at least 18 years old
Watani Home Finance
Make your dream home a reality with our flexible and affordable home finance.
Our Watani Home Finance makes it easy and convenient for you to finance the purchase of property in Abu Dhabi, Dubai, and Ras Al Khaimah.
Features:
- Flexible, affordable, and hassle-free
- The easiest way to move into your dream home
- Low-cost finance
Flexible payment options
Plan your finances with payment periods of up to 25 years, tailored to work seamlessly with your budget and long-term plans.
Single or joint ownership
Purchase your dream property in the name of one or two individuals. Joint ownership allows you to share costs with another borrower, providing both flexibility and security to all parties involved.
Start your journey towards home ownership with confidence today.
Eligibility:
Minimum income required for salaried individuals: AED 15,000 / month
Bank on the go anytime, anywhere
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.
