RAKBANK Elevate Plus Credit Card
A premium RAKBANK credit card earning 3 points per AED on all spend, 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 10,000+ monthly on varied categories and earn AED 35,000+ salary.
Not ideal if
Your spending is heavily weighted toward groceries or utility bills.
Watch out for
Annual fee of AED 1,247.40 unless you spend AED 10,000 monthly to waive it.
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 spend except utilities and groceries.
Annual fee waived with AED 10,000 monthly spend.
Includes lounge access, airport transfer, gym access, and cinema BOGO perks.
No caps on earning 3 points per AED across most categories.
Watch out for
Groceries earn only 0.6 points per AED, utilities just 0.4 points per AED.
AED 35,000 minimum monthly salary required for eligibility.
AED 1,247.40 annual fee if you miss the AED 10,000 monthly spend threshold.
Fees & Conditions
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Frequently Asked Questions
What is the minimum salary to apply for the RAKBANK Elevate Plus Credit Card?
You need a minimum monthly salary of AED 35,000 to be eligible for this card.
How do I waive the annual fee on the RAKBANK Elevate Plus Credit Card?
The AED 1,247.40 annual fee is waived if you spend at least AED 10,000 per month, which totals AED 120,000 annually.
How many points do I earn on groceries and utilities?
Groceries earn 0.6 points per AED and utilities earn 0.4 points per AED. All other spending earns 3 points per AED.
Can I use this card abroad?
Yes, the card works internationally with a 1.15% foreign exchange markup on transactions in currencies other than AED.
What lifestyle perks come with the RAKBANK Elevate Plus Credit Card?
You get lounge access, airport transfers, gym access, airport fast track, video streaming cashback, padel court access, and cinema buy-one-get-one offers.