RAKislamic Watani Credit Card

No. It's issued exclusively to UAE (Emirati) nationals who meet the salary or self-employed turnover requirement.

Applications submitted between 2023 and 31 December 2026 receive a permanent annual fee waiver on the primary card. Outside that window, the AED 1,048.95 annual fee is waived the following year whenever card spend reaches AED 120,000 in a year.

Yes. Unused RAKrewards expire 36 months after they're earned, and you need at least 10,000 points before you can redeem.

Yes. On top of RAKrewards points, Salik and Darb toll spend gets 100% cashback (up to AED 200/month) and eligible video streaming subscriptions get 100% cashback (up to AED 100/month), both requiring AED 10,000+ in monthly card spend.

Spend AED 10,000 within your first 3 statement cycles from card issuance and RAKBANK credits 50,000 RAKrewards. There's also a limited-time promo (20 July to 15 September 2026) offering an extra 500 RAKrewards via the RAKBANK app, though the published terms don't say whether that stacks on top of the 50,000-point bonus or is part of it.

It depends on where you spend. International transactions earn 5 RAKrewards per AED 1 (dropping to 0.5 if settled in European Economic Area currencies), domestic UAE spend earns 3 per AED 1, supermarket and Takaful insurance spend earns 0.6 per AED 1, and government, bills, transit, education, real estate, fuel, automotive and charity spend earns 0.4 per AED 1.