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RAKBANK RAKBANK RED Credit Card
RAKBANK

RAKBANK RED Credit Card

Free for life cashback card with free international money transfers

Apply at bank

Key facts

Min salary
AED 5,000/mo
Annual fee
Free for life
Salary transfer
Not required
FX fee
—
Monthly interest
3.65%
Interest-free days
55 days

Earn rates

  • Everything else
    Capped at AED 300/mo
    1.5% cashback on spends above AED 3,000/month; 1% cashback on spends AED 1,000-2,999/month. Monthly cap AED 300.
    1.5% back

Perks

  • Free Monthly International Transfer: 1 free international money transfer per month via MoneyTransfer service.

The fine print that matters

  • Minimum Spend for Cashback

    Must spend at least AED 1,000/month to earn any cashback. Cashback rate increases to 1.5% above AED 3,000/month.

  • Finance Charges

    3.65% per month on outstanding balances if not paid in full by due date.

  • Late Payment Fee

    AED 241.50 charged if minimum payment not made by due date.

  • Monthly Cashback Cap

    Total cashback capped at AED 300 per month.

Card sorted. Now never pay full price →

50% off everything at Claro Speciality Coffee (Drinks & Desserts) in Sharjah
50% off everything at Claro Speciality Coffee (Drinks & Desserts) in Sharjah
Board game nights at SALT (15% off their menu)
Board game nights at SALT (15% off their menu)
Madame Tussauds Dubai for 39 AED
Madame Tussauds Dubai for 39 AED
AED 39
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Info only, not financial advice. Always check the bank's Key Facts Statement.