RAKBANK Elevate Prime Credit Card
A premium points credit card by RAKBANK earning 2 points per AED on all spend, with lifestyle perks and lounge access.
AED 617.40
Up to 0.6 pts/AED
AED 35,000
1.15%
Who Is This Card For?
Quick answer before the detailed explanation
Good fit if
You spend AED 20,000 or more monthly and value premium travel perks.
Not ideal if
You spend heavily on groceries or utilities, which earn minimal points.
Watch out for
Annual fee of AED 617.40 unless you spend AED 60,000 yearly.
Calculate This Card’s Value
Earning Rates
2 pts/AED
0.4 pts/AED
0.6 pts/AED
Perks
Key Strengths and Weaknesses
Strengths
Flat 2 points per AED on all spend with no caps.
Annual fee waived at AED 60,000 yearly spend.
Includes lounge access, airport transfers, Careem Plus, and fast track.
Cinema buy-one-get-one and video streaming cashback perks included.
Watch out for
Groceries earn only 0.6 points per AED, utilities 0.4 points per AED.
AED 35,000 minimum salary requirement limits eligibility.
1.15% foreign exchange markup on international transactions.
Fees & Conditions
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Frequently Asked Questions
Is the annual fee worth it?
The AED 617.40 annual fee is waived if you spend AED 60,000 or more per year, which is AED 5,000 monthly. If you meet that threshold and use the lounge access, airport transfers, and Careem Plus perks, the card delivers strong value.
How many points do I earn on everyday spending?
You earn 2 points per AED on all purchases except groceries (0.6 points per AED) and utilities (0.4 points per AED). There are no caps on earning.
Can I use this card abroad?
Yes, but international transactions carry a 1.15% foreign exchange markup, which reduces the net value of your points on overseas spend.
What perks are included with the card?
The card includes lounge access, airport transfers, Careem Plus membership, airport fast track, video streaming cashback, and cinema buy-one-get-one offers.
What is the minimum salary to apply?
You need a minimum monthly salary of AED 35,000 to be eligible for the RAKBANK Elevate Prime Credit Card.