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RAKBank World Mastercard

RAK Bank

Cashback

Joining Fee

AED 0

+ 18% GST

First Year Net

+AED 3,228

Annual Fee

AED 0

+ 18% GST

Renewal Net

+AED 3,228

Base Reward Rate

1.0%

1 points per د.إ100

Best Category

10.0%

Final Net Score

27

out of 100

Net Annual Value

+AED 3,228

Score Breakdown

Lower ScoreMid RangeHigher Score

Key Metrics

Final Score
Comprehensive rating based on your spending profile
27/100
Effective Reward Rate
Weighted average based on your spending categories
3.5%
Annual Net Value
Expected yearly benefit after all costs
AED 3,228
Payback Period
Time to recover annual fees through rewards
Immediate

Card Information

Category
Cashback

Should I Consider This Card?

Using general assumptions

Likely Eligible

Needs check

Add income range and credit score to estimate eligibility.

Value for Your Spend

Strong fit

At your current spending pattern, this card is likely to return more value than it costs.

Consider from

AED 5,000 / mo

Sweet spot

AED 5,000 / mo

Net value / year

+AED 3,228

Fee outcome

Fee likely waived

Why this result

  • Top earning category: groceries has elevated rewards, which can improve value when your spend matches it.

Details

Spend curve and supporting scenario values

RAKBank World Mastercard - Key Highlights

💰 Fees & Charges

  • Annual Fee: Free
  • Foreign Transaction: 2.5%
  • Late Payment: Varies by outstanding amount

🏆 Rewards & Benefits

  • Rewards Rate: 1.0% reward rate
  • Lounge Access: Available
  • Our Rating: 27/100

RAKBank World Mastercard - Frequently Asked Questions

What are the benefits of RAKBank World Mastercard?

RAKBank World Mastercard from RAK Bank offers comprehensive benefits including rewards, lounge access, and premium services. Key benefits include reward points on spending and airport lounge access.

Who is eligible for RAKBank World Mastercard?

RAKBank World Mastercard is ideal for individuals looking for reward-focused spending. Minimum credit score requirements apply.

How much does RAKBank World Mastercard cost?

The annual fee for RAKBank World Mastercard is free. Additional charges may include foreign transaction fees and late payment charges.

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