Credit Card in UAE

RAKBANK Credit Card Eligibility

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Cashback and Rewards
  • Cashback up to AED 2,000
  • Rewards + Welcome Offers
  • No Annual Fee
  • Travel benefits
  • Dining Discounts
  • Entertainment Benefits

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Most Popular Credit Card in UAE

Established in 1976, RAKBANK is also known as the National Bank of Ras Al Khaimah. The bank is one of the oldest Public Joint Stock Companies in the UAE offering a dynamic range of financial solutions like bank accounts, loans, insurance, credit cards, and more. Besides its range of products, the bank is also renowned for offering customised personal and business services with features like electronic, telephonic, and digital banking.

RAKBANK credit cards offer various useful features with exciting deals and discounts in fields like entertainment, dining, lifestyle, travel, etc. To enjoy these benefits, you can apply for a RAKBANK credit card today, with RAKBANK offering a smooth application process with minimal documents and eligibility requirements. 

Let's go through the top RAKBANK credit cards eligibility criteria to help you find the best available credit card options. 

RAKBANK Credit Card Eligibility in the UAE

When applying for a credit card, you will be required to meet the RAKBANK credit card eligibility criteria as mentioned below.

  • The applicant must be a UAE resident aged 21 years.
  • The applicant must be self-employed or salaried.
  • The applicant must fulfil the minimum monthly income criteria based on their chosen RAKBANK credit card eligibility criteria.
  • A cordial relationship with their current bank is required for the applicant.
  • The applicant is required to have a good credit score and remarkable debt repayment history.
  • The applicant must have a regular source of income in the UAE.

Top RAKBANK Credit Cards Eligibility Criteria

RAKBANK Emirates Skywards World Elite MasterCard Credit Card

RAKBANK Emirates Skywards World Elite MasterCard Credit Card

Airport Lounge Access
  • Minimum Salary AED 20,000
  • Annual Fee AED 1499
  • Airport Lounge Access
  • Dining offers
  • Careem Chauffeur Discounts
  • Golf offers
  • Travel Insurance

Eligibility Criteria

  • The applicant must be a UAE resident of age 21 years or above.
  • The applicant must have a good credit score.
  • The applicant must have a minimum monthly salary of AED 25,000.

RAKBANK MasterCard World Credit Card

RAKBANK World Credit Card
Free for Life
  • Minimum Salary AED 20,000
  • Annual Fee Free for life
  • Free for Life
  • Airport Lounge Access
  • Cinema Offers
  • Cashback
  • Airport pick-up and drop off service
  • Dining Offers
  • Travel Insurance

Eligibility Criteria

  • Must be a UAE resident of age 21 years or more
  • Must have a good credit score
  • Minimum monthly salary of AED 20,000 required

RAKBANK Titanium Credit Card

RAKBANK Titanium Credit Card
Free for Life
  • Minimum Salary AED 5,000
  • Annual Fee Free for Life
  • Free for Life
  • Airport Lounge Access
  • Dining Discounts
  • Movie Discounts

Eligibility Criteria

  • Must be a UAE resident of age 21 years or above
  • Good credit score required
  • Minimum monthly salary of AED 5,000 required

RAKBANK Air Arabia Platinum Credit Card

RAKBANK Air Arabia Platinum Credit Card
Free for Life
  • Minimum Salary AED 5,000
  • Annual Fee AED 400
  • Airport Lounge Access
  • Dining Discounts
  • Airport Pick-Up / Drop

Eligibility Criteria

  • Must be a UAE resident of age 21 years or more
  • Must have a good credit score
  • Minimum monthly salary of AED 5,000 required

RAKBANK HighFlyer Platinum Credit Card

HighFlyer Platinum Credit Card
Free for Life
  • Minimum Salary AED 8,000
  • Annual Fee Free for Life
  • Free for Life
  • Airport Lounge Access
  • Dining Discounts
  • Purchase Protection & Extended Warranty

Eligibility Criteria

  • Must be a UAE resident of age 21 years or more
  • Must have a good credit score
  • Must have a minimum monthly salary of AED 10,000

RAKBANK FC Barcelona Platinum Credit Card

RAKBANK FC Barcelona Platinum Credit Card

Airport Lounge Access
  • Minimum Salary AED 8,000
  • Annual Fee AED 300
  • Airport Lounge Access
  • Dining Discounts
  • Airport Pick-Up / Drop

Eligibility Criteria

  • Must be a UAE resident of age 21 years or above
  • Good credit score required
  • Minimum monthly salary of AED 5,000 required.

RAKBANK Kalyan Jewellers Credit Card

RAKBANK Kalyan Jewellers Credit Card
Free for Life
  • Minimum Salary AED 5,000
  • Annual Fee Free for Life
  • Free for Life
  • Airport Lounge Access
  • Dining Discounts
  • Purchase Protection & Extended Warranty

Eligibility Criteria

  • The applicant must be a UAE resident of age 21 years or above.
  • The applicant must have a good credit score.
  • The applicant must have a minimum monthly salary of AED 5,000.

Documents Required to Apply for RAKBANK Credit Cards

Here are the documents required to apply for RAKBANK Credit Cards.

  • Emirates ID for identity verification – Original and a copy
  • A valid Passport with Residency Visa (for address verification) – Original and a copy
  • A valid trade license for business applicants – Original and a copy 
  • Utility Bill or Contract of Tenancy (for address verification) – Original and a copy
  • Bank account statement for the previous three months (for income verification) – Original and a copy
  • Appointment Letter/Salary Transfer Letter (for income and designation verification) – Original and a copy

Factors Affecting RAKBANK Credit Card Eligibility

You should take note of a few key factors that affect your RAKBANK credit card eligibility in different ways.

  1. Credit Score: Your credit score is one of the major factors that the bank considers before providing you with a credit card. Make sure you maintain a good credit score by paying your dues and monthly bills on time. 
  2. Monthly Income: RAKBANK credit cards come with a minimum monthly income requirement, and it is mandatory to fulfil that requirement in order to get one for yourself. The bank thoroughly checks your bank statement to verify the salary amount being credited to your account every month. This helps the provider find out if you have a stable monthly income, which translates into low-risk for them regarding the timeliness of your repayments.
  3. Age: Your age is another factor that affects your RAKBANK credit card eligibility. To get a RAKBANK credit card, you must be 21 years old or above.
  4. Credit Settlement: Borrowers failing to pay their bills in full or on time often look for credit settlement at a reduced amount, as it appears an easy option. However, while these settlements help get rid of dues, they impact credit report negatively at the same time. Consequently, it is advised to not get into such settlements and avoid having a hit on your credit score.
  5. Debt Management: Paying your loan instalments, credit card bills, and other dues on time can help you maintain a good debt repayment history. This helps the bank learn that you are a responsible borrower who pays all dues on time while managing other financial needs. 

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Simple Ways to Improve RAKBANK Credit Card Eligibility

Check out the simple measures that you can take to improve your RAKBANK credit card eligibility.

  1. On-Time Debt Repayment: Like other banks, RAKBANK also checks your debt repayment history before approving your credit card application. Make sure you pay your existing debts on time to become eligible for more through a credit card.
  2. Credit Inquiries: Avoid increasing your number of credit inquiries by calling your bank for every minor query coming to your mind while exploring your credit options. You can instead visit the online portals like your bank’s website or our credit cards section to get the required information, and call the bank only once you are ready to get a credit card or a loan. 
  3. Income Resources: Mention all your income resources properly while filling out the RAKBANK credit card application. This helps the bank learn that you have enough funds coming in every month for managing your bills and other financial requirements.

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FAQ's

How can I apply for a RAKBANK credit card?

Depending upon your preferences, you can apply for a RAKBANK credit card through both online and offline methods. To apply online, visit the RAKBANK website or log in to its online or mobile banking portal. On the other hand, you can visit the nearest RAKBANK branch to apply for a credit card offline. In both cases, you will be required to fill out an application form and submit the same with all the essential documents.

Am I eligible for a RAKBANK credit card as a salaried individual?

Yes, although it is essential to remember that you have to meet the minimum monthly income requirement of your chosen RAKBANK credit card to become eligible for one. You can always visit the bank’s website or check out our credit cards section to check the minimum income eligibility for your preferred credit card option.

How can I check my RAKBANK credit card eligibility?

You can either visit our credit cards section or the RAKBANK website to check your chosen RAKBANK credit card eligibility. As a general rule, based on the RAKBANK credit card terms, you must be a UAE resident of at least an age of 21 years old on the date of application. Applicants with a good credit score can get their credit card application approved in no time.

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