Evantage
Life can get really busy
24 hours a day just never seem to be enough to get everything done. That’s why RAKBANK’s Evantage Account gives you the speed and convenience of managing your day-to-day finances online, with free online telex transfer options, while earning you interest at the same time.
Enjoy all these advantages
- Convenient management of your finances online
- Attractive interest rates
| Balance Range (AED) | Interest (Per Annum) |
|---|---|
| 0 – 9999 | 0.25% |
| 10,000 – 99,999 | 0.75% |
| 100,000 – 249,999 | 1.00% |
| =or>250,000 | 1.25% |
- Interest calculated on daily balances and paid monthly
- No minimum Account Balance and no Account Maintenance Charges
- Free Debit Card
- Free monthly electronic statements
- Free EDM Cash and Cheque deposits
- Free RAKdirect and Mobile Banking Channel facility
- Up to 1 International OR 3 Local Electronic Transfers free every month**
- Mail a Cheque facility on request* - Charges apply
- Free one time set up of an initial Balance Order to transfer balance above a set amount to your F@st S@ver Account*
- Check Account Balance and view Statements online
Get your Evantage account today. Apply now online or visit your nearest RAKBANK branch.
Apply now
** Only through Online Banking
* If first transfer requested by Customer is for local electronic transfer, then 1 free international transfer will not be available to the Customer.
Terms and Conditions:
- Terms and Condition governing Personal Accounts and Online Banking services will apply.
- Only UAE nationals and residents who are 21 years and above in age can apply.
- Single and joint account holders (either or accounts only) permitted.
- Branch transactions are restricted for this Account. Charges apply.
- Interest payout on intra month closure of account will be as per Bank’s policy.
- Upto 4 cheque leaf requests permitted within a 31 day period for Mail a Cheque facility.
