Can be opened in AED & USD currencies.
Debit Card will be provided if you have an AED F@st S@ver Account only.
Interest rates of up to 0.50% p.a. for AED and up to 0.25% p.a. for USD at your F@st S@ver savings account in UAE
No cap on the maximum account balance on which interest can be earned for AED F@st S@ver Accounts
The maximum account balance on which interest can be earned is USD 5 million for USD accounts.
Interest for the account is calculated on a daily basis and is paid monthly.
1 withdrawal and/or 5 Utility* / RAKBANK Credit Card payments allowed per month

Account Closure (Within one year)= AED 100
Non-RAKBANK ATM Transactions in UAE- Cash Withdrawal = AED 2
Non- RAKBANK Transactions in UAE – Balance Inquiry / Declined Transaction= AED 1
Fee for using the ATM outside UAE and GCC = AED 20

Utility payments can be done only through digital banking.
Interest Accrual below AED 10 will not be paid
If the customer exceeds the count of permitted transactions in a month (1 withdrawal and/or 5 Utility / RAKBANK Credit Card payments) then the interest rate will drop to 0.00% p.a. for both AED and USD
You can access F@st S@ver Accounts through IVR(Interactive Voice Response), ATM/EDM and Digital Banking.

RAKBANK F@st S@ver Saving Account