RAKBANK Elevate Credit Card Privilege
A premium RAKBANK credit card earning 4 points per AED on most spends and 0.6 points on groceries.
AED 2,507.40
Up to 0.6 pts/AED
AED 35,000
Who Is This Card For?
Calculate This Card’s Value
Key Strengths and Weaknesses
Strengths
Earns 4 points per AED on most spending categories with no cap.
No foreign exchange markup on international transactions.
Comprehensive perks including lounge access, airport transfers, gym access, and Careem Plus.
Annual fee waived with AED 240,000 yearly spend.
Watch out for
High AED 2,507 annual fee unless you spend AED 240,000 yearly.
Requires minimum AED 35,000 monthly salary to qualify.
Groceries earn only 0.6 points per AED, utilities just 0.4 points.
Earning Rates
4 pts/AED
0.4 pts/AED
0.6 pts/AED
Perks
Fees & Conditions
Frequently Asked Questions
What is the minimum salary required for this card?
You need a minimum monthly salary of AED 35,000 to qualify for the RAKBANK Elevate Credit Card Privilege.
How can I waive the annual fee?
The AED 2,507 annual fee is waived if you spend at least AED 240,000 per year on the card, which works out to AED 20,000 monthly.
How many points do I earn per AED spent?
You earn 4 points per AED on most purchases. Groceries earn 0.6 points per AED and utilities earn 0.4 points per AED.
Does this card charge foreign exchange fees?
No, this card has 0% foreign exchange markup, making it ideal for international spending and travel.
What perks are included with this card?
The card includes lounge access, airport transfers, airport fast track, gym access, Careem Plus membership, video streaming cashback, padel court access, and cinema buy-one-get-one offers.