# RAKrewards

Source: https://kredit.ae/loyalty/rakrewards

Value RAKrewards on eligible airline and hotel purchases with the RAKBANK Elevate Credit Card.

RAKrewards is RAKBANK's credit card points programme. Several RAKBANK cards earn the points, with redemption options that depend on the card and channel.

On the Elevate Credit Card, the bank's published example makes 180,000 RAKrewards points worth AED 1,440 against an eligible airline or hotel card transaction: AED 0.008 per point.

## How it works

Elevate earns 2 RAKrewards per AED on regular eligible spend in Prime, 3 in Plus, and 4 in Privilege. Insurance and supermarket purchases earn 0.6 points per AED, Economic Area transactions 0.5, and selected bills, government, fuel, transit and other categories 0.4, regardless of plan. Prime, Plus and Privilege are Elevate card plans with different monthly fees and benefits; they are not RAKrewards membership status tiers.

The AED 0.008 conversion shown here is for Elevate's airline and hotel statement-credit redemption. Other RAKrewards cards and portal rewards have their own redemption options; this conversion does not price those options.

## Tiers

- **RAKBANK Elevate Credit Card** — minimum salary AED 35,000. 2, 3 or 4 RAKrewards per AED on regular eligible spend in Prime, Plus or Privilege

## Redemption

In the RAKBANK app's Rewards section, select an eligible airline (MCC 4511) or hotel (MCC 7011) purchase posted to your Elevate card within the preceding 90 days. You need at least 10,000 points. The bank credits the redeemed amount to the card within three to five working days. You can redeem a transaction in full or in part, but cannot redeem the same transaction again after a partial redemption. Unused points expire after 36 months and are forfeited when the card closes.

## Why choose RAKrewards

### A published travel conversion

The bank's Elevate example shows the AED value of a point when it offsets an eligible airline or hotel card purchase.

### Choose an Elevate plan

Prime, Plus and Privilege earn 2, 3 or 4 points per AED on regular eligible spend, with separate fees and benefits on the card page.

### Book travel directly or through an eligible site

The purchase must post as an airline or hotel transaction under MCC 4511 or 7011. Check its classification before redeeming.

## Sources and methodology

- [RAKBANK Elevate rewards and redemption example](https://www.rakbank.ae/en/cards/credit-cards/elevate-partner-rewards)
- [RAKBANK published points-to-AED example](https://www.rakbank.ae/contentassets/02a106e1f0bf4cae955e714b1164084d/image.png)
- [RAKBANK Elevate benefits terms](https://www.rakbank.ae/globalassets/rakbank/all-pdfs/001---terms-and-conditions/terms-and-conditions-elevate-benefits2.pdf)
- [RAKrewards programme FAQ](https://rewards.rakbank.ae/rak/customer.html?action=faq)

## Frequently asked questions

### How much is a RAKrewards point worth?

On the Elevate card's eligible airline and hotel statement credits, 180,000 points redeem for AED 1,440. That is AED 0.008 per point. Other redemption options can have different values.

### How do I redeem RAKrewards on Elevate?

Use the Rewards section in the RAKBANK app to select an airline or hotel transaction posted to your Elevate card within the preceding 90 days. The transaction must be classified under MCC 4511 or 7011, and you need at least 10,000 points.

### Can I redeem part of a travel purchase?

Yes, but RAKBANK's terms allow only one redemption per transaction. You cannot redeem the remaining amount later.

### When do RAKrewards expire?

Unused points expire 36 months after they are earned. Any points left when the card closes are forfeited.

### Are Prime, Plus and Privilege RAKrewards status tiers?

No. They are paid plans for the Elevate Credit Card, with different earn rates, fees and benefits.