RAKBANK Elevate Plus Credit Card
A premium points credit card by RAKBANK earning 3 points per AED on all spends, with extensive lifestyle perks.
AED 1,247.40
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 actively use premium lifestyle perks.
Not ideal if
You prefer cashback rewards or spend heavily on groceries and utilities only.
Watch out for
Annual fee waived only with AED 120,000 spend per year, not annually.
Calculate This Card’s Value
Earning Rates
3 pts/AED
0.4 pts/AED
0.6 pts/AED
Perks
Key Strengths and Weaknesses
Strengths
Earns 3 points per AED on all spends with no cap.
Extensive lifestyle perks including lounge access, gym, and airport transfers.
Annual fee waived with AED 120,000 annual spend.
Premium benefits like fast track, padel court, and cinema offers.
Watch out for
Low earn rates on groceries (0.6 points/AED) and utilities (0.4 points/AED).
High AED 1,247.40 annual fee if waiver threshold not met.
Requires AED 35,000 minimum monthly salary to qualify.
Fees & Conditions
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Frequently Asked Questions
Is the annual fee worth it?
The AED 1,247.40 annual fee is waived if you spend AED 120,000 per year. If you meet this threshold and use the premium perks like lounge access, gym, and airport transfers, the card offers strong value.
How many points do I earn on everyday spending?
You earn 3 points per AED on all spends, but only 0.6 points per AED on groceries and 0.4 points per AED on utilities.
What is the minimum salary to apply?
You need a minimum monthly salary of AED 35,000 to be eligible for the RAKBANK Elevate Plus Credit Card.
Can I use this card abroad?
Yes, the card works internationally with a 1.15% foreign exchange markup on transactions made outside the UAE.
What lifestyle perks are included?
The card includes lounge access, airport transfers, gym access, airport fast track, video streaming cashback, padel court access, and cinema buy-one-get-one offers.