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Rakbank Islamic Watani Credit Card
Joining Fee
Free
Annual Fee
Free
Minimum Salary
AED 15,000
Islamic

Rakbank Islamic Watani Credit Card

Sharia-compliant rewards card for UAE nationals — up to 5 RAKrewards per AED 1, unlimited lounge access, and toll/streaming cashback.

Updated Sep 2026

≈ AED 19,304 potential value / year · incl. perks · incl. welcome bonus
WebsiteVisit Rakbank Islamic Watani Credit Card credit card website

At a glance

Welcome offer

Welcome bonus
50,000 RAKrewards Welcome Bonus

Rewards

CategoryEarnRate
International
5 points per AED
4%

5 points per AED

Grocery, Insurance
0.6 points per AED
0.48%

0.6 points per AED

Government, Utilities +6 more
0.4 points per AED
0.32%

0.4 points per AED

All other spend
3 points per AED
2.4%

3 points per AED

CategoryEarnRate
International
5 points per AED
4%

5 points per AED

Grocery, Insurance
0.6 points per AED
0.48%

0.6 points per AED

Government, Utilities +6 more
0.4 points per AED
0.32%

0.4 points per AED

All other spend
3 points per AED
2.4%

3 points per AED

See all rewards

Fees and eligibility

Joining Fee
Free
Annual Fee
Free
Minimum SalaryAED 15,000
Monthly Profit Rate
2.75%
International Transaction Fee (non-AED)
1.15%
See all fees

Top benefits

Airport loungeUnlimited
Airport transfers2/year
Bundled subscriptions
1/month
See all benefits

Welcome offer

50,000 RAKrewards Welcome Bonus

on AED 10,000 minimum spend within the first 3 statement cycles.

Earn 50,000 RAKrewards after spending AED 10,000 within the first 3 statement cycles from card issuance.

See full breakdown

Rewards

5RAKrewards

per AED 1 on international transactions.

Earn 5 RAKrewards for every AED 1 spent outside the UAE. Spend settled in European Economic Area currencies earns a reduced 0.5 RAKrewards per AED 1 instead.

3RAKrewards

per AED 1 on domestic transactions.

Earn 3 RAKrewards for every AED 1 spent within the UAE, outside the reduced-rate categories below.

0.6RAKrewards

per AED 1 on supermarket and Takaful (insurance) spend.

Supermarket and hypermarket purchases, plus Takaful (Sharia-compliant insurance) premiums, earn a reduced 0.6 RAKrewards per AED 1.

0.4RAKrewards

per AED 1 on government, bills, transit, education, real estate, fuel, automotive and charity spend.

Government services, utility and telecom bills, transit and toll spend, school fees, real estate, fuel, automotive purchases, exchange houses and charitable donations earn a reduced 0.4 RAKrewards per AED 1.

Rewards Calculator

My Wallet

Already have the Rakbank Islamic Watani Credit Card?

Add it to your wallet, include any other cards you own, and see exactly where this card should be used.

Open My Wallet

Eligibility

21

Minimum Age

15,000AED

Minimum Income

UAE Nationals Only

This Sharia-compliant card is issued exclusively to UAE (Emirati) nationals.

Self-Employed Alternative

AED 500,000 minimum quarterly credit turnover, or AED 150,000 average quarterly account balance, in place of the salaried income requirement.

Security Cheque Required

A security cheque covering the approved credit limit must be provided before the card is issued.

Documents ready

Emirates ID + passport with residence visa

Have your Emirates ID and passport with residence visa on hand — UAE banks require these for any credit card application.

Check your AECB report

Recent rejections or missed payments can stall approval

A recent credit-card rejection or missed payment on your AECB report is one of the most common reasons a UAE card application stalls — worth checking your report before applying if you're unsure.

November Spotlight

Emirates NBD

Three Emirates NBD credit cards spanning everyday rewards to premium travel — the ENBD noon One Visa Card earns up to 20% back as noon Credits on noon Food with no annual fee, the ENBD Voyager World Credit Card earns 6 Voyager Miles per AED 1 on the Voyager Travel Portal with complimentary airport lounge access, and the premium ENBD Voyager World Elite doubles that to 12 Voyager Miles per AED 1 with added airport transfers and fast-track privileges.

See all
ENBD noon One Visa Credit Card Design
4.1/5

EMIRATES NBD

ENBD noon One Visa Credit Card

  • Salary: AED 5,000+
  • No Annual Fee
  • AED 500 bonus on AED 5,000
  • 20% back in credits on noon Food
  • 5% back in credits on noon
ExploreLearn more about ENBD noon One Visa Credit Card credit card benefits and features
ENBD Voyager World Credit Card Design
3.9/5

EMIRATES NBD

ENBD Voyager World Credit Card

  • Salary: AED 12,000+
  • 75,000 Miles on AED 35,000
  • No Annual Fee
  • 6 Miles/AED on Voyager Portal
  • 3 Miles/AED on other travel
ExploreLearn more about ENBD Voyager World Credit Card credit card benefits and features
ENBD Voyager World Elite Credit Card Design

EMIRATES NBD

ENBD Voyager World Elite Credit Card

  • Salary: AED 25,000+
  • 150,000 Miles on AED 70,000
  • No Annual Fee for the first year
  • 12 Miles/AED on Voyager Portal
  • 6 Miles/AED on other travel
ExploreLearn more about ENBD Voyager World Elite Credit Card credit card benefits and features

Additional Benefits

Global Airport Lounge Access

Unlimited complimentary access to 1,200+ lounges via Mastercard Travel Pass.

Unlimited complimentary access to 1,200+ airport lounges via Mastercard Travel Pass, plus 2 complimentary airport pick-up and drop-off services a year.

See full breakdown

Airport Transfer Service

2 complimentary pick-up or drop-off transfers per year within the UAE.

2 complimentary airport pick-up or drop-off transfers per year, valid within the UAE only.

Salik & Darb Toll Cashback

100% cashback on Salik and Darb tolls, up to AED 200 per month.

100% cashback on Salik and Darb toll charges made via specific apps, capped at AED 200 per month, when monthly card spend reaches AED 10,000. Stacks with RAKrewards earned on the same spend. Auto-credited by the 7th of the following month.

Video Streaming Cashback

100% cashback on video streaming subscriptions, up to AED 100 per month.

100% cashback on eligible video streaming subscriptions (MCC 4899, 5968), capped at AED 100/month, when monthly spend reaches AED 10,000. Stacks with RAKrewards; auto-credited by the 7th of the following month.

Playtomic Premium

6 months of complimentary Playtomic Premium, plus a first-booking discount up to AED 100.

6 months of complimentary Playtomic Premium subscription. An additional discount on your first Playtomic court booking, capped at AED 100, requires a promo code and payment with this card.

Balance Transfer

Transfer up to 95% of your available balance from other cards.

Transfer balances from other credit cards up to 95% of the available credit limit. An early settlement fee of AED 261.45 applies if the transfer is repaid before the agreed term.

Smart Cash / Credit Card Cheque

Cash cheque up to 80% of your credit limit or 95% of available balance, whichever is lower.

Request a Smart Cash or credit card cheque up to 80% of your credit limit, or 95% of your available balance — whichever is lower.

5-Day Cooling-Off Period

Cancel the card without fees within 5 business days of issuance.

Cancel the card free of charge within 5 business days of issuance, provided it has not yet been activated.

Fees

Free

Annual Fee

No annual fee for the primary cardholder, per Rakbank's current Key Facts Statement and fee guide.

313.95AED

Supplementary Card

First supplementary card free; AED 313.95 per year for each additional card (2nd–9th).

2.75%

Monthly Profit Rate

2.75% monthly reducing balance on a Murabaha contract, equivalent to 33% per annum.

Late Payment FeeAED 156.45*

*Charged per delayed payment; collected as a charitable donation to keep the card Sharia-compliant.

Cash Advance Fee3.15%*

*3.15% of the amount or AED 103.95, whichever is higher. Cash withdrawals capped at 80% of the credit limit.

International Transaction Fee (non-AED)1.15%*

*1.15% of the transaction amount (0% bank fee + 1.15% network scheme charges), on non-AED and AED cross-border purchases.

Card Replacement (Digital)AED 52.5
Card Replacement (Other)AED 78.75
Easy Payment Plan (3–6mo)AED 51.45*

*Flat processing fee for 3 to 6 month instalment plans.

Easy Payment Plan (9mo)1.58%
Easy Payment Plan (12mo)2.1%
International RemittanceAED 78.75
Balance Transfer Early SettlementAED 261.45

Important Stuff

Key Facts Statement

Opens in a new tab

Islamic Consumer Credit Card Service and Price Guide

Opens in a new tab

Benefits Terms and Conditions

Opens in a new tab

Lifetime Fee Waiver Terms

Opens in a new tab

Frequently Asked Questions

Get answers to common questions about Rakbank Islamic Watani Credit Card credit card

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

Yes. Rakbank's current Key Facts Statement and fee guide list no annual fee for the primary cardholder.

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.

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.

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