Cashback
RAKBANK
RED Credit Card
Benefits unlock at AED 3,000 minimum monthly spend
The RED Credit Card is a cashback credit card from RAKBANK. It has no annual fee, and needs a minimum salary of AED 5,000 a month.
Annual fee
Free
Joining fee
Free
Min. salary
AED 5,000/mo
Rewards in
Cashback
Min. monthly spend
AED 3,000
Card highlights
- 1.5% cashback on retail spend (local and international), capped at AED 300 per cycle
- Minimum AED 3,000 monthly spend required to unlock the 1.5% cashback rate
- 1 free international money transfer every month via RAKMoneyTransfer
- Free for life with no annual or joining fee
Earn rates
| Category | Rate |
|---|---|
| Travel | 1.5% |
| Retail | 1.5% |
| Supermarket | 1.5% |
| Dining & food | 1.5% |
| Online shopping | 1.5% |
| International spend | 1.5% |
| Fuel | 0.25% |
| Utilities | 0.25% |
| Education | 0.25% |
| Transport | 0.25% |
| Real estate | 0.25% |
Rewards on this card are capped at AED 300 a month across all categories (about AED 3,600 a year).
Current welcome offer
Earn an AED 300 welcome bonus
- Spend AED 3,000 within 60 days of card issuance to qualify
- Apply and receive card issuance between 31 August and 31 October 2026
- Open to existing customers without a current RAKBANK credit card; self-employed applicants are not eligible
- Bonus credited within 90 business days of promotion end; reversed if card is cancelled within 12 months
Expected offer expiry: October 2026
Benefits & perks
- •1 free international money transfer per month via RAKMoneyTransfer
- •Credit card cheques
- •Free for life with no annual or joining fee
Every card is checked against official bank sources. Last updated September 2026.
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More from RAKBANK
CashbackWelcome offer
RAKBANK RED Credit Card
Benefits unlock at AED 1,000 minimum monthly spend
- 1% cashback on retail spend (AED 1,000-2,999/month), rising to 1.5% at AED 3,000+, capped at AED 300 per cycle
- Free for life with no annual or joining fee
No annual feeView card
Updated September 2026