RAKBANK Elevate Privilege Credit Card
A premium credit card by RAKBANK earning up to 4 points per AED on most spends with extensive lifestyle perks.
AED 2,507.40
Up to 0.6 pts/AED
AED 35,000
115%
Who Is This Card For?
Quick answer before the detailed explanation
Good fit if
You earn AED 35,000+ monthly and spend heavily on general purchases.
Not ideal if
You focus spending on groceries or utilities, or earn below the salary threshold.
Watch out for
AED 240,000 annual spend required to waive the AED 2,507 fee.
Calculate This Card’s Value
Earning Rates
4 pts/AED
0.4 pts/AED
0.6 pts/AED
Perks
Key Strengths and Weaknesses
Strengths
Earns 4 points per AED on most general spending categories.
Extensive lifestyle perks including lounge access, Careem Plus, and gym access.
Annual fee waived with AED 240,000 yearly spend.
Watch out for
Groceries earn only 0.6 points per AED, far below general rate.
Utilities earn just 0.4 points per AED.
High AED 35,000 minimum monthly salary requirement.
Fees & Conditions
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Frequently Asked Questions
What is the minimum salary to apply for this card?
You need a minimum monthly salary of AED 35,000 to be eligible for the RAKBANK Elevate Privilege Credit Card.
How do I waive the annual fee?
The AED 2,507 annual fee is waived if you spend AED 240,000 or more per year on the card.
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, both significantly lower than the 4 points per AED on most other spending.
What lifestyle perks are included with this card?
The card includes lounge access, Careem Plus, airport transfers, gym access, airport fast track, video streaming cashback, padel court access, and cinema buy-one-get-one offers.
Can I use this card abroad?
Yes, you can use the card internationally, though foreign currency transactions incur a 115% FX markup on the scheme fee.