Rakbank World Elite Credit Card
RAKBANK · Cashback · Statement Credit
This comprehensive guide covers the Rakbank World Elite Credit Card's reward rates, fees, and terms — updated regularly from official sources — to help you decide if this card fits your spending. The Rakbank World Elite Credit Card from RAKBANK offers cashback rewards credited directly to your statement at 20% (up to د.إ200 per cycle). Top earning categories include 20% off at partner dining restaurants and more. Annual fee is د.إ1,500 (waived for first year).
Best for: Dining, General Online, Grocery, Travel
Reward Examples
Spend د.إ10,000 on Dining → earn د.إ2,000 (20%) · 20% off at partner dining restaurants
Spend د.إ1,000 on General online → earn د.إ10 (1%) · 1% cashback on all other purchases
Official product page → Official rules →
Waiver: Waived for first year
Reward Rules
- 20% 20% off at partner dining restaurants (cap: د.إ200)
- 1% 1% cashback on all other purchases
Important Notes
- 20% dining discount applies at select Rakbank partner restaurants only.
- Dining reward capped at AED 200 per month.
- Complimentary airport lounge access and travel insurance included.
How to Apply
- Apply online: Official application page →
- Credit score: Most rewards cards require good to excellent credit (typically 670+ FICO).
- Issuer rules: Some issuers restrict approvals (e.g. Chase 5/24). Verify current eligibility before applying.
Rakbank World Elite Credit Card vs Similar Cards
- ADCB SimplyLife Credit Card — 5% top rate · د.إ0
- Citi cashBack Card — 2% top rate · د.إ0
- Emirates Islamic Cash Back Plus Card — 5% top rate · د.إ0
Maximize Your Rewards
To earn the highest rewards, use the Rakbank World Elite Credit Card for its bonus categories: Dining, General Online, Grocery, Travel, Online Retail.