Rakbank World Credit Card

Cashback (any category) only accrues in months where total retail spend reaches AED 10,000. Below that threshold, no cashback is earned that month, though the higher-rate categories and other-retail tiers still apply once the threshold is met.

You need at least AED 300 accrued to redeem, and unredeemed cashback expires 15 months after it's earned.

Yes. The annual fee is free in year 1 for the primary and first supplementary card. From year 2, AED 997.50 applies unless your prior-year card spend reached AED 100,000, in which case it's waived.

Balance transfers, local cash advances, credit card cheques, finance charges, bank fees, merchant-reversed transactions and any transaction made via IVR, Internet/Mobile Banking, CDMs, ATMs or branches don't earn cashback — only retail POS and online purchases do.

It is for existing Rakbank customers who do not already hold a Rakbank credit card and who apply through the Rakbank digital app between 31 August and 31 October 2026. You then need to spend AED 10,000 within 60 days of issuance to qualify, and the AED 750 cashback is credited within 90 business days after the promotional period ends.

You need a minimum monthly salary of AED 20,000 and must be at least 21 years old, as a UAE citizen or resident. Self-employed applicants can qualify instead with AED 500,000 in quarterly credit turnover or an AED 150,000 average quarterly account balance. A security cheque covering your approved credit limit is also required before the card is issued.