The RAKBANK HighFlyer Platinum Credit Card offers unmatched and unparallel travel benefits to its cardholders that other credit cards simply can’t match. By making the use of this RAKBANK credit card, one can enjoy amazing privileges as it provides a range of rewards, benefits, privileges, and amazing discounts.
When it comes to the RAKBANK HighFlyer Platinum credit card, card members can get assured that they’re getting the best in industry features. Here is the list of top features that this RAKBANK credit card offers:
Monthly Spend & RAKRewards earned per AED 1:
|Total Retail Spend in 3 months (in AED)||Bonus Reward Rate (in %)||Max Cap (RAKRewards)|
|RAKBANK credit card members with monthly spending of 15,000 to 19,999||10||33,333|
|RAKBANK credit card members with monthly spending of 20,000 to 24,999||20||75,000|
|RAKBANK credit card members with monthly spending of 25,000 and above||30||138,889|
|Overall Monthly Spend (in AED)||On Cinema Spend (in AED)||RAKRewards|
|5000 and above||1||50|
*Max RAKRewards monthly cap is AED 10,000 on cinema spend.
Besides offering travel benefits and rewards, the RAKBANK credit card also provides a range of lifestyle rewards which are as follows:
RAKBANK credit card requirements keep on updating as per the discretion of the bank. Here are some of the major factors that determine whether an applicant is eligible for the RAKBANK Credit Card or not.
On applying for a RAKBANK HighFlyer Platinum Credit Card, the card member will be provided with a policy document that details all the fees and charges which are associated with this RAKBANK Credit Card. Here is the complete list of fees & charges:
|Type of Charges||Amount|
|Annual Fees for Primary Card||Free For Life|
|Annual Fees for Supplementary Card||Free For Life|
|Finance Charges on retail transactions||3.45% per month|
|Finance Charges on Balance Transfer||1.50% per month|
|Finance Charges on Credit Card Cheques||2.25% per month|
|Finance Charges on cash advance||3.45% per month|
|Finance Charges on smart cash||2% per month|
|Types of Charges||Amount|
|Charges of Cash Advance||3% of cash withdrawn amount or AED 99 whichever is greater|
|Charges of card replacement||AED 75|
|Over limit Fee||AED 275|
|Late Payment Fee||AED 230|
|Charges of Duplicate Statement||AED 45 ( for each statement)|
|Charges of Returned Cheque||AED 100|
|Charges for procuring a copy of sales voucher||AED 65|
|Charges for International Courier||AED 100|
|Processing Fee for Credit Card Cheque||1% (Min AED 50 and Max AED 250)|
|Processing Fee for Smart Cash||AED 100|
|Processing Fee for Easy Payment Plan at participating merchants||
|Early settlement or cancellation fee for balance Transfer, Smart Cash, Credit card Cheque, and all Easy Payment Plans (Note that the current monthly interest will be fully charged)||AED 249|
|Credit Shield Insurance (CSI)||0.99%|
|Charges of International Remittance||AED 75|
|Charges for Payment through Exchange House||AED 3 (per transaction)|
|Rescheduling Fees||Up to 1% of the card’s total outstanding amount|
|Charges of Case Release||AED 525|
|Printed statement delivery charges||AED 5 per statement|
Applicants will require the following documents to complete their RAKBANK HighFlyer Platinum Credit Card application:
Note: Please note that the RAKBANK credit card requirements may change as per the bank’s discretion. Make sure you consult the customer care executive for more details on documents requirements. The customer care number is (04)213-0000.
|Other RAKBANK Credit Card|
Q1: What is a RAKBANK supplementary card?
Ans: A supplementary RAKBANK credit card is also known as an add-on card. It is basically a card that is provided to family members of the primary cardholders. It works exactly like primary RAKBANK HighFlyer Platinum Credit Card and allows supplementary card members to access credit limits and avail all the rewards and offers. All supplementary card members share the same credit limit with the primary card.
Q2: How can I make RAKBANK HighFlyer Platinum Credit Card repayments?
Ans: You can pay your RAKBANK HighFlyer Platinum Credit Card bills by using any of these payment Channels:
Q3: What do I do if my RAKBANK HighFlyer Platinum Credit Card is stolen or misplaced?
Ans: If your credit card gets stolen or lost, you are immediately required to report the same to the bank’s representative in order to block your card. This should be done as soon as possible so as to prevent any fraudulent activities that could happen with your stolen or misplaced card. Once you informed the bank about the same, the bank will talk to you about a replacement of the card.
However, the replacement fee of the RAKBANK HighFlyer Platinum Credit Card is AED 75.
Q4: Can I avail discounts on MasterCard Buy one get one app?
Ans: Yes, you can avail amazing discounts and privileges on MasterCard Buy one get one app. With this RAKBANK credit card, card members can enjoy a lot of complimentary buy one, get one free offer on entertainment, attractions, and dining powered by the buy 1, get 1 MasterCard for You App across the Middle East and Africa.
Q5: Will I get a discount at Avis Car rentals even outside the UAE?
Ans: The RAKBANK credit card benefits are not only limited to the UAE but also you can use this card internationally to enjoy its amazing benefits. Just like other benefits, you will get a discount at Avis car rentals even outside the UAE. You can enjoy up to 15% discount at Avis Car rentals across Africa, Asia, Europe and 12% discount in the United States and Canada.