RAKislamic World Credit Card

A no-annual-fee Islamic RAKBANK Mastercard whose RAKrewards rate rises with your monthly spending: below AED 15,000 a month most domestic spending earns 1.25 per AED 1 and international 3.75 (about 1% and 3% at Perkly's valuation), rising to 3.75 and 6.25 (about 3% and 5%) at AED 30,000 or more, and restaurants, fitness and beauty, electronics, fashion and online earn 6.25 from AED 15,000, all within monthly point caps.

No annual fee for the primary card in any year, and no joining fee. The first supplementary card is free; each additional supplementary card costs AED 210 a year including VAT (AED 200 before VAT) from the second year.

Spending abroad costs about 3.72% all in: RAKBANK's 2.57% foreign currency fee, which also applies to AED transactions made abroad, plus a 1.15% scheme processing fee. International spending earns 3.75, 5 or 6.25 RAKrewards per AED 1 depending on your monthly spending.

The rates depend on your monthly spending: below AED 15,000 most domestic spending earns only 1.25 RAKrewards per AED 1 (about 1%), and restaurants, electronics, fashion and online earn more only from AED 10,000. The percentages use Perkly's valuation of AED 0.008 a point; RAKBANK gives RAKrewards no cash value, so what they are worth depends on how you redeem them. Petrol, bills, government, education and transport earn only 0.35 RAKrewards per AED 1 at every spending level.