Rakbank Islamic Platinum Credit Card

Salaried applicants must be at least 21 with a monthly salary of AED 5,000 or more. Self-employed applicants need quarterly credit turnover of AED 75,000 or an average quarterly balance of AED 150,000. RAKBANK also requires a security cheque equal to the credit limit.

No. RAKBANK's Key Fact Statement and Service and Price Guide list no annual or joining fee for the primary card.

Eligible retail purchases earn RAKrewards. Charities, government services, bill payments, education, transport, telecom, real estate and fuel earn a reduced rate, as shown in the rewards section. Payments made through RAKBANK banking channels do not earn rewards.

RAKrewards points are valid for 36 months. You need at least 10,000 available points to redeem.

The card includes complimentary travel Takaful and Mastercard purchase protection against theft or accidental damage to eligible purchases. RAKislamic Protect and Credit Shield are separate optional products; check their terms and charges before enrolling.

RAKBANK requires a signed application and supporting documents. You have a five-business-day cooling-off period after signing, during which the bank cannot issue the card. You can waive that period in writing if you want the card earlier.

Platinum has an AED 5,000 salary threshold and no annual fee. Watani is reserved for UAE nationals, while World has a higher salary requirement and a different rewards and travel package. Compare each card's terms before applying.