This RAKBANK credit card is a co-branded credit card between the RAKBANK and FuCom Group that owns the supermarket chains of Le Marche and Géant hypermarkets in the GCC. It offers the amazing RAKBANK credit card benefits and privileges along with discounts and rewards at Le Marche and Géant. The card is also loaded with the points program by La Carte through which they can earn rewards and later redeem them for gift vouchers by Géant.
Listed below are some benefits and features of this RAKBANK credit card.
Listed below are some rewards and offers on this RAKBANK Credit Card.
Dining Benefits: This credit card offers the cardholder exclusive dining discount of up to thirty percent at around 2000 restaurants and outlets throughout the UAE with the help of RAKfoodie.
Category | Amount | Le Carte Points |
---|---|---|
Purchases at Le Marche and Géant hypermarkets in the GCC | 10 AED | 2 |
Purchases at any other outlet throughout UAE and globally | 10 AED | 1 |
Listed below are fees & charges on this RAKBANK Credit Card.
Fees and Charges | Amount |
---|---|
Annual Fees | Nil |
Annual Fees on Supplementary Cards | Nil |
Retail Transaction Charge (per month) | 3.45 percent |
Balance Transfer (per month) | 1.50 percent |
Cheques on Credit Card (per month) | 2.25 percent |
Cash Transaction Charge (per month) | 3.45 percent |
Smart Cash (per month) | 2 percent |
Fees on Cash Advance | 3% or 99 AED (whichever is higher) |
Fees on Card Replacement | 75 AED |
Over-limit Charges | 275 AED |
Late Payment Charges | 230 AED |
Duplicate Statement Charges | 45 AED (per statement) |
Returned Cheque Charges | 100 AED |
Sales Voucher Copy Charges | 65 AED |
Fees on International Courier | 100 AED |
Processing Charge on Credit Card Cheque | 1%, minimum AED 50 and maximum AED 250 |
Processing Charge on Smart Cash | 100 AED |
Processing Fee for EPP | 3 months- 49 AED6 months- 49 AED9 months- 1.5%12 months- 2% |
Cancellation or Early Settlement Charge for BT/SC/AII/CCC EPP Plans | 249 AED |
International Transaction Charges for Purchases | In non-AED currency: 2% on the transaction amountIn AED currency: 2.5% on transaction amount |
Credit Shield | 0.99 percent |
Payment through Exchange House Charges | 3 AED (each transaction) |
International Remittance Charges | 75 AED |
International Remittance Enquiry Charges | 50 AED |
For RAKBANK Credit Card Application, the applicant requires the following documents-
Types of RAKBANK Credit Card | |
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