RAKBANK Free for Life Credit Cards

By Laxita Gautam
  | Published: 23 August 2021 | Last Updated On: 25 August 2021

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Established in 1976, RAKBANK (National Bank of Ras Al Khaimah) is one of the oldest banks in the UAE. In 2001, the bank shifted its concerns to personal and business banking, marking its dynamic and versatile nature. It is also the proud member of UBF (UAE Banking Federation) and abides by the UBF stipulated customer charter for all member banks. RAKBANK offers a range of personal and business banking services with a large network of 27 branches including digital portfolios across the UAE.

The bank offers numerous personal and business credit cards, suiting the needs of clients. Within its range of services, RAKBANK free for life credit cards are popular for being affordable with lenient eligibility criteria. The bank offers numerous rewards and privileges including lifestyle, entertainment, travel, and shopping benefits.

Best RAKBANK Free for Life Credit Cards in UAE

RAKBANK My Ras Al Khaimah Card

RAKBANK My Ras Al Khaimah Visa Platinum Credit Card
Free for Life
  • Minimum Salary AED 8,000
  • Annual Fee Free for Life
  • Free for Life
  • Airport Lounge Access
  • Dining Discounts
  • Movie Discounts
Reward Value: NA

Features & Benefits of RAKBANK My Ras Al Khaimah Card

  • The credit card is free for life (no annual fee).
  • Win up to 500,000 RAKRewards every 3 months.
  • Access to 15 local and international LoungeKey lounges in major countries.
  • Up to 30% discount on flight and hotel bookings through Cleartrip.
  • Free travel insurance.
  • Vouchers for dining, desert safari, Marhaba services, etc.
  • Up to 55 days of interest-free credits.
  • Cash advance of up to 80% credit limit.
  • Easy EMI payments with as low as 0% interest.
  • Enjoy 30% on over 2000 restaurants with RAKfoodies
  • Purchase protection in case of theft or accidental damage.
  • Easy EMI plans.
  • Rewards on each expense through RAKBANK credit card.

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
Reward Value: AED 10,027

Features & Benefits of RAKBANK Titanium Credit Card

  • No annual fee whatsoever.
  • 5% cashback on all supermarket and dining spends worldwide.
  • 2% cashback on domestic and international purchases.
  • Unlimited free access to 10 VIP lounges at select airports.
  • Up to 55 days of interest-free credits
  • Cash advance of up to 80% credit limit.
  • Easy EMI payments with as low as 0% interest.
  • Enjoy 30% on over 2000 restaurants with RAKfoodies.
  • Easy EMI plans.
  • Rewards on each spending through RAKBANK credit card.
  • Purchase protection.
  • Travel insurance.

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
Reward Value: AED 8,461

Features & Benefits of RAKBANK Kalyan Credit Card

  • No annual charges ever. 
  • Exclusive offers on electronics, jewellery, holiday, dining, furnishing, etc.
  • Unlimited free access to 10 lounges at select airports.
  • Up to 55 days of interest-free credits.
  • Cash advance of up to 80% credit limit.
  • Easy EMI payments with as low as 0% interest.
  • Enjoy 30% on over 2000 restaurants with RAKfoodies.
  • Free purchase protection.
  • Free travel insurance.

RAKBANK Red Credit Card

RAKBANK RED Credit Card
Free for Life
  • Minimum Salary AED 8,000
  • Annual Fee Free for Life
  • Free for Life
  • Dining Discounts
  • Special Discounts
Reward Value:  AED  4,821

Features & Benefits RAKBANK Red Credit Card

  • No annual fee is levied on the red card.
  • 1.5% cashback on both local and international expenses on a spend of AED 1000 or more per month.
  • Free international remittance with RAKMoneyTransfer every month. 
  • The bank offers a credit shield (fraud protection) with RAKINSURANCE. 
  • Up to 30% discount at over 2000 restaurants with RAKfoodie. 
  • 0% easy payment plans in instalments of 3, 6, 9 and 12 months.

RAKBANK HighFlyer Platinum 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
Reward Value: AED 9,546

Features & Benefits of RAKBANK HighFlyer Platinum Card

  • No annual charges whatsoever. 
  • Access to 15 local and international airport lounges in major countries.
  • Up to 30% discount on flight and hotel bookings through Cleartrip.
  • Up to 55 days of interest-free credits.
  • Cash advance of up to 80% credit limit
  • Easy EMI payments with as low as 0% interest.
  • Enjoy 30% on over 2000 restaurants with RAKfoodies.
  • Easy EMI plans.
  • Rewards on each spending through RAKBANK credit card.

RAKBANK 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
Reward Value: NA

Features & Benefits of RAKBANK World Credit Card

  • The Credit card has no annual charge for the first year. It remains free after the first year, subject to fulfilling minimum spend criteria.
  • Global Blue VIP Services at airports and VIP lounges.
  • Get access to over 1000 premium airport lounges worldwide. 
  • Enjoy 6 airport pickup and drop facilities in UAE and 3 airport pickup and drop services in metro cities in India.
  • 10% discount on round trip flight bookings through Cleartrip.
  • 10% cashback on travel and supermarket expenses.
  • 5% cashback on international expenses.

Features of RAKBANK Free for Life Credit Cards

RAKBANK keeps on reviewing and innovating its services, thereby offering premium features and benefits. Following are the key features of RAKBANK no annual fee credit cards. 

  • Zero Annual Membership Charges - Selected RAKBANK credit cards do not levy an annual membership fee. Individuals can avail the cards with no joining fee and start earning cashback and rewards.
  • Minimum Salary Requirement - An individual needs to fulfil minimum salary criteria to avail credit cards. The minimum salary requirement ranges from AED 8,000 to 20,000 depending upon the card type and benefits.
  • Purchase Protections - The RAKBANK credit cardholders get purchase protection and security against loss, accidental damage and theft occurring within 30 days. 
  • Cashbacks and Rewards - RAKBANK credit cards offer numerous cashback and reward benefits on daily expenses. While some cards provide skyward miles, the others offer cashback that can be redeemed to avail exclusive discounts on various purchases.
  • Free Supplementary Cards - The bank offers free supplementary credit cards for family members. 
  • Airport Lounge Access - Various no annual charge credit cards offer complimentary access to premium airport lounges worldwide. Individuals need to register at LoungeKey to avail the services.
  • Medical and Travel Insurances - Get yourself travel and medical insurance cover of up to USD 500,000 and in-hospital cash expense of USD 100 per day.
  • Exclusive offers on Hotel Bookings - RAKBANK offers numerous booking offers including complimentary nights at premium hotels like Oberoi Hotels and Properties.
  • Other Benefits - RAKBANK credit cards offer additional benefits like low interest rates on outstanding retail purchases, up to 55 days of interest-free credits and easy EMI plans.

Benefits of RAKBANK Free for Life Credit Cards

RAKBANK credit cards offer numerous benefits and privileges apart from incurring no annual charges. Following are the important benefits of RAKBANK free for life credit cards. 

  • RAKBANK levies no annual charges/joining fees on credit cards and individuals can apply and start using the credit cards right away. 
  • Get access to numerous rewards and cashback programs periodically on lifestyle and entertainment expenses.
  • Get unlimited complimentary access to over a thousand airport lounges across 135 countries worldwide via LoungeKey
  • Complimentary airport pickup and drop service with the chauffeured facility. Avail up to 6 pickup and drop services within UAE in one calendar year. Moreover, three complimentary pickup and drop services can be availed in all metro cities of India (Mumbai, Bangalore, Kolkata, Delhi and Chennai) within the city limits.
  • Travel Insurances of USD 500,000 for the cardholder and in-hospital cash benefits of up to USD 100 per day in case of emergency with RAKBANK World credit cards.
  • Avail of other lifestyle benefits like entertainment and fine dining with RAKBANK credit cards. 

List of RAKBANK Free for Life Credit Cards with Salary Requirment

Following is the list of the best RAKBANK credit cards that have no annual/joining fee.

RAKBANK Credit Card Type

Salary Requirement

My Ras Al Khaimah Card

  • Minimum salary of AED 8,000

Titanium credit card

  • Minimum salary of AED 8,000 per month

Kalyan Jewellers Credit Card

  • Minimum salary of AED 5,000 per month 

Red Card 

  • N/A

HighFlyer Platinum Card

  • Minimum salary of AED 10,000 per month

World Credit Card

  • Minimum salary of AED 20,000 per month

Eligibility Criteria for RAKBANK Free for Life Credit Cards

Individuals can avail RAKBANK no annual charge credit cards only if they fulfil the eligibility criteria. Each card may have separate criteria. However, there are some general eligibility criteria applicable for every RAKBANK credit card. 

  • Applicant must be at least 21 years of age. 
  • He/she must satisfy the minimum salary requirement. 
  • Furnish all the required documents as asked by the bank like Emirates ID, passport, and salary details. 

Documents Required for RAKBANK Free for Life Credit Card

The applicants need to produce the following documents before applying for the no annual fee RAKBANK credit cards. 

  • Emirates ID for UAE residents and nationals. 
  • A valid passport and visa with address details for non-residents and expats. 
  • Latest salary slips/certificates from the current employer. 
  • Latest bank account statement. 

How to apply for RAKBank Credit Cards with No Annual Charges?

RAKBANK offers a convenient and quick application process through its online and offline channels. Individuals can apply via any mode at their convenience.

  • Online Application - The applicant needs to log in to the RAKBANK official website, select the credit card type and fill in the required details. The bank will subsequently contact for the further application process. 
  • Offline Application - Individuals can also visit the local branch with all the prerequisite documents and fill the application form as instructed by the bank representative. 

Fees & Charges on RAKBANK free for Life Credit Cards

Given below is the schedule of charges on RAKBANK credit cards with no annual fee. 

RAKBANK Credit Card Facility Fees and Charges

Finance Charges

3.45% (for retail transactions)

3.25% on World Credit Card

Cash Advance Fee

3% or AED 99 (whichever is higher)

Late Payment Fee

AED 230

Over Limit Fee

AED 285

Supplementary Cards Charges

Free for all cards

Number of days from the statement date to payment due date

25 days

Maximum Interest-Free Period

Up to 55 days

Cash Advance Limit

80% of the credit limit

Other Banks That Offer the Free for Life Credit Card in UAE

Credit Cards with No Annual Fees
FAB Free for Life Credit Cards in UAE CBI Free for Life Credit Cards in UAE
DIB Free for Life Credit Card in UAE ADIB Free for Life Credit Cards in UAE
Citibank Free for Life Credit Cards in UAE American Express Free for Life Credit Cards in UAE
ADCB Free for Life Credit Cards in UAE Najm Free for Life Credit Cards in UAE

FAQ's on RAKBANK Credit Card with No Annual Fees

Is there a minimum salary criterion to apply for the RAKBANK credit cards?

Yes, an individual needs to satisfy the minimum income requirement to avail RAKBANK credit cards. RAKBANK free for life credit cards have a low salary criterion ranging from AED 5,000 to 20,000. 

Can I withdraw cash at ATMs in UAE with RAKBANK credit cards?

Yes, the cardholder can withdraw cash using the credit card; however, a 3% cash advance fee is charged for each transaction.

What is the cash advance limit on RAKBANK credit cards?

RAKBANK offers an 80% cash advance of the total credit limit on a particular card.

Can I avail myself of a supplementary RAKBANK credit card?

Yes, RAKBANK offers supplementary credit cards without extra charges except for the RAKBANK World Elite credit cards.

Laxita Gautam
Laxita Gautam137 Posts

Senior Content Writer | She functions on classic British fiction, Japanese manga, and strong americanos. Laxita is tailor-made to create engaging, interactive pieces that offer simplified insights into complex subjects.