Fee for using the ATM outside UAE and GCC = AED 20
Interest Rates
No Interest
Documents Required
Only aRAKislamic Emirates Skywards World Elite Mastercard Credit cardholder can open this account.
Eligibility
Only aRAKislamic Emirates Skywards World Elite Mastercard Credit cardholder can open this account.
Individuals only can open this account.
Addition Information
Fast track to Emirates Skywards Gold tier membership by opening a RAKislamic Emirates Skywards Savings Account with a minimum balance of AED 500,000 and spending AED 5,500 on Emirates flights using your RAKislamic Emirates Skywards World Elite Mastercard Credit Card.
On account balances, bank will place a hold of AED 5,000 at all times. If the customer does not maintain average quarterly balances of AED 500,000 and if Gold Tier is held by the customer through this account, the bank will recover the benefit cost AED 1,250 every quarter.
3 Skywards Miles are awarded for every AED 200 of average quarterly balances over AED 500,000. Miles are accrued and allocated to Emirates Skywards Account every quarter.