Product details
What you need to know
What to check
Understand RAKBANK Elevate Credit Card
RAKBANK Elevate Credit Card is a credit cards product from RAKBANK. Compare the yearly fee, salary rule, APR, rewards and spending conditions. APR matters when you do not pay the full statement balance.
Published details
- Annual Fee: Monthly tier fee applies if spend threshold is not met
- Minimum Salary: AED 35,000
- Card Network: World Elite Mastercard
- Foreign Transaction Fee: The page claims zero foreign transaction fees; fee guide still includes card-scheme charges, so check card terms before applying
- Minimum Age: 21 years
- Resident Status: UAE residents
- Self Employed Eligibility: AED 600,000
- Monthly Card Fee: AED 49
Offers and eligibility can change. Check the linked official page and any key facts statement or schedule of charges before applying.
Simple guide
Should you consider this?
Consider this if
- ✓Your salary is at least AED 35,000
- ✓You want lounge, travel, low fee benefits
- ✓You want an official source link
- ✓You prefer higher-confidence source data
Compare more if
- ×You may carry unpaid balance month to month
- ×You do not meet the listed salary requirement
- ×You need a different reward type
Source proof
Important fields with sources
| Field | Value | Source | Confidence |
|---|---|---|---|
| Minimum salary | AED 35,000 | Official page | High |
| Annual fee | Monthly tier fee applies if spend threshold is not met | Official page | High |
| Network | World Elite Mastercard | Official page | High |
| FX fee | The page claims zero foreign transaction fees; fee guide still includes card-scheme charges, so check card terms before applying | Official page | High |
| Source confidence | High | Official page | High |
| Last checked | Recently checked | Official page | High |