Everyday Banking Packages

	Avail free	Available with Relationship size		Available with a monthly paid subscription
Packages	Personal	Select	Elite	Ultra	Premium	Ultimate
Package price
Pay & subscribe	N/A	N/A		52.50	78.75	131.25
Price per month (Including VAT)
Avail packages for free with one of the below Relationship
Salary transfer AED	N/A	20,000	50,000 & more	N/A
Average balance AED		50,000	350,000 & more
Home loan AED		up to 2.5 million	2.5 million & more
Everyday Banking benefits
Instant money transfer	check	check	check	check	check	check
Instant virtual debit card	check	check	check	check	check	check
Free banking benefits
Minimum balance requirement -waiver	close	Available for all accounts	Available for all accounts	On one RAKBANK account	On one RAKBANK account	On one RAKBANK account
Non-RAKBANK ATM cash withdrawals (within UAE)	close	Free - 5 per month	Free - unlimited	Free - 3 per month	Free - 5 per month	Free - 10 per month
International remittance - digital	close	Free - 5 per month	Free - unlimited	Free - 3 per month	Free - 5 per month	Free - 10 per month
Domestic remittance - digital	close	Free - 5 per month	Free - unlimited	Free - 3 per month	Free - 5 per month	Free - 10 per month
Manager’s cheque / Demand Draft	close	Free - 5 per month	Free - unlimited	Free - 3 per month	Free - 5 per month	Free - 10 per month
Duplicate statement requests	close	Free - up to 5 months	Free - unlimited	Free - up to 3 months	Free - up to 5 months	Free - up to 10 months
Personal Relationship Manager	close	check Virtual RM	check	close	close	close
Preferential exchange rates	close	check	check	close	close	close
Free Lifestyle benefits
10% off  Farfetch	close	close	check	close	close	close
MyUS premium shipping discounts	close	close	check	close	close	close
Complimentary valet services in the UAE	close	close	check	close	close	close

Disclaimer:

Services used over and above the free benefits are charged in accordance with the Bank’s Service & Price Guide.

Key Notes:

Ultra, Premium, and Ultimate packages:

• Subscription is available for new-to-bank personal segment customers opening singly held AED resident Current and Savings accounts through the RAKBANK App pre-login journey.
• Existing customers can apply for Everyday Banking Packages, by logging in to RAKBANK Digital Banking. These packages are not available through any other channel of the Bank.
• Please visit the T&C section to view the detailed terms and conditions. 
• Please refer to the FAQs for details regarding common queries.
  

Personal: 

• Personal package is available for all. Please visit the Current Account page for further information on Personal Accounts and the Titanium Debit Mastercard page for details on debit card spend benefits.

Select and Elite:

• These packages are available for customers willing to maintain a specific banking relationship size.
• Please visit the RAKBANK Elite page for the Elite package and the Elite Platinum Debit Card page for debit card spend benefits.
• Please visit the RAKBANK Select page for Select package and the Select Titanium Debit Mastercard page for debit card spend benefits.

Disclaimer:

In line with the UAE’s Value Added Tax (VAT) implementation from 01 January 2018, VAT at the rate of 5% will be levied on RAKBANK’s fees and charges specified herein, wherever applicable and as per UAE law.