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RAKBANK Savings account Checked 8 Oct 2026

RAKBANK Emirates Skywards Savings Account

Minimum balance
Although there is no monthly minimum balance to be maintained in this account, the average quarterly balance (AQB) to be maintained is AED 500,000
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Published details

As the bank publishes them. A figure appears only once it has been checked against the bank’s own information.

Account typeSavings
Minimum to openThis is achieved when you open the account with a minimum balance of AED 500,000
Minimum balanceAlthough there is no monthly minimum balance to be maintained in this account, the average quarterly balance (AQB) to be maintained is AED 500,000
Monthly account feeTo verify
If you fall below the balanceQuarterly Gold Tier Benefit Cost for not maintaining AED 1,250
Fall-below fee waiverThe average quarterly balance (AQB) to be maintained is AED 500,000 to avoid quarterly gold tier benefit cost of AED 1,250.
Rate typeTo verify
Interest / profit rateNot applicable
Salary requirementNot applicable

Source and verification

Last verified
October 8, 2026

Where these figures come from

SourceWhat it establishesChecked
www.rakbank.aePrimary source for this recordOctober 8, 2026
www.rakbank.aefallbelow fee, fee exemption threshold, min balance, opening deposit, rate, shariaOctober 8, 2026

Rates, fees and offers change without notice. Confirm with the bank before you act on any figure.

Information is published for general reference and may change without notice. Accuracy is not guaranteed and no responsibility is accepted for decisions made on the basis of it. UAE Banks Directory is an independent information service — we are not a bank, we do not provide financial advice and we do not sell financial products. Always confirm details with the bank directly.