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RAKstarter Account

Introducing our new zero balance account – RAKstarter for all the budding entrepreneurs and startups. Now you can maximize your efficiency and the usage of cash to make banking stress-free and more efficient.

  • RAKstarter Accounts is available in AED, US Dollars, Euro and Pound Sterling (GBP) currencies.
  • Earn attractive interest on our RAKStarter Account
  • No ledger/ fall back fee
  • Access to our array of business financing products
  • Unlimited Cheque book facility
  • Attractive Foreign Exchange and Trade Finance rates
  • Competitive rate of interest on Fixed Deposits
  • Dedicated Relationship Manager
  • 24 hour Phone banking services

Interest applicable effective 1st April 2019:

Account Balance slab (AED)
From To Interest rate
500,000 999,999.99 0.25%
1,000,000 4,999,999.99 0.35%
5,000,000 14,999,999.99 0.50%
15,000,000 And above 0.50%*


Interest applicable effective 1st May 2018:

Account Balance slab (USD)
From To Interest rate
250,000 499,999.99 0.25%
500,000 4,999,999.99 0.50%
5,000,000 9,999,999.99 0.40%
10,000,000 And above 0.25%*

*Differential interest calculation method, Interest rate is subject to change as per bank's discretion

Note: If you do not wish to earn interest on your existing RAKstarter Account, please feel free to write to us at businessbanking@rakbank.ae from your registered email id.

Contact Us
 SMS 'Zero' to 7011
 042130000
*Note: Verification Image text is case sensitive

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