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RAKBANK RED Credit Card Features & Benefits

By PolicyBazaar
Average Rating / 5 (ratings )

Through RAKBANK Red Credit Card, you can save more with a maximum of 1.5 percent off on both international and local transactions. Apart from savings, you can also enjoy amazing benefits along with a low rate of interest on this card. These benefits help you in coping up with the lush lifestyle of the UAE.  

Key Highlights of this Red Credit Card

  • No annual charge levied on both primary & supplementary credit card ever
  • Discount on all the local & international spends
  • 45 percent to be paid as retail finance fee
  • Cash advance limit is 80 percent of the credit card limit
  • Minimum payment amount is three percent in a month

Top RAKBANK Red Credit Card Features

Mentioned below are the main features of this RAKBANK Credit Card.


The bank provides the facility to transfer funds through the RAKMoneyTransfer servie via digital banking irrespective of wherever you are or by directly visiting the branch of the bank. You can transfer the funds to Pakistan, India, Nepal, Sri Lanka, Philippines, Europe, & various other places across the globe.

International Remittance

You can save on the charges incurred on sending funds to different countries through 1 free remittance using this RAKBANK credit card each month. This service can be availed via RAKMoneyTransfer through digital banking and bank branches.

Cardless Payments

You can enjoy cardless payments via Google Pay, Gramin Pay, Fitbit Pay, Apple Pay, or Samsung Pay along with the cardless withdrawals through ATMs, which are contactless-enabled.

Easy Payment Plan

Using the easy plans for making payment, RAKBANK has successfully made your shopping simpler. Your huge purchases can be converted into zero percent installments for three, six, nine, or 12 months with various participating merchants.

Top RAKBANK Red Credit Card Benefits

Mentioned below are the main benefits of this RAKBANK Credit Card.


With this credit card, the user can avail a discount of 30 percent (maximum) at above 2,000 restaurants within the UAE.


This RAKBANK card comes with a credit shield insurance, which is offered by RAKInsurance. Through this cover, the bank provides coverage against the outstanding credit card balance in case of any unforeseen circumstances.

Zero Annual Charges

The RAKBANK Red Card does not charge any annual charges throughout the life of the card.

Discount on Spends

Your savings just keep enhancing with this Red Credit Card. The RAKBANK Red Credit Card offers a discount of up to 1.5 percent on both domestic as well as international transactions. This discount is represented as savings on your credit card statement on spending 1,000 dirhams or more through your card monthly.

  • On spending 1,000 dirhams- 2,999 dirhams, you get a discount of one percent
  • On spending 3,000 dirhams and above, you get a discount of 1.5 percent.
  • You can earn a maximum discount of 300 dirhams in a month.

You get a discount of 0.25 percent on each one dirham spent under the category of utility and telecom bill payments and government services, car rentals, real estate, gas/petrol and transport stations.

More Savings

With this credit card, you can save more even when you spend like you generally do.

In a Nutshell!

If you wish to save even when you do not compromise on your spending, this RAKBANK Red Credit Card can be the most suitable one for you. This credit card offers you a discount on various domestic and international transactions.

Moreover, you also get to enjoy benefits on dining and lifestyle along with a credit shield coverage for outstanding card balance. It can prove to be a suitable card for the luxurious lifestyle of the Emirates.