World Credit Card review
The headline draw is up to 10% back on supermarket, travel and dining, alongside 3% on e-wallet spend through Apple, Samsung and Google Pay, 1% on other retail, and 0.25% on government and utility payments. Those boosted 10% rates unlock once your monthly spend reaches AED 10000, with standard rates applying below that.
Per-category monthly caps apply, so it pays to understand the limits; third-party estimates put them near AED 300 for supermarket and dining, AED 400 for travel and AED 150 for e-wallet, though exact figures are not confirmed officially. RAKrewards are redeemed as cashback and are reported to expire if unredeemed within about 15 months.
Travel benefits round out the package, including access to 1000+ airport lounges with a guest, complimentary travel insurance, a year of free Careem Plus, and 50% off at VOX Cinemas.
Card details
| Bank | RAKBANK |
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| Card type | Cashback |
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| Card network | Mastercard |
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| Minimum salary | AED 20,000 |
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| Annual fee | AED 997.50 |
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| Fee waiver | No annual fee for the first year; from the 2nd year AED 997.5 (incl VAT) applies, waived if AED 100,000 or more is spent in the previous year (RAKMoney transfer, BT, CCC and cash transactions excluded) |
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| Interest (monthly) | 3.65% |
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| Reward type | Cashback (RAKrewards) |
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| Reward rate | Up to 10% on supermarket, travel and dining; 3% on e-wallet spend via Apple, Samsung and Google Pay; 1% on other retail; 0.25% on government services and utilitiesA minimum monthly spend of AED 10000 is required to unlock the boosted 10% category rates, with standard rates applying below the threshold Per-category monthly caps apply (third-party estimates: approx AED 300 supermarket, AED 300 dining, AED 400 travel, AED 150 e-wallet; overall approx AED 1250 per month) - exact figures not confirmed on the official page (per third-party source) RAKrewards are redeemable as cashback; rewards are reported to expire if not redeemed within about 15 months (per third-party source) |
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| Welcome bonus | AED 750 welcome bonus (minimum spend criteria required; application window 15 July - 15 September 2026)New customers only (no existing RAKBANK credit card) | Apply digitally via RAKBANK app/online | Meet minimum spend within 60 days of issuance | Credited within 90 days | Reversed if card cancelled within 12 months | Promotion valid 15 Jul 2026 to 15 Sep 2026 |
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| Lounge access | Complimentary access to 1000+ airport lounges worldwide for the cardholder plus one guest via LoungeKey |
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| Quick cash | Cash advance of up to 80% of the credit limit, plus a credit card cheque option |
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| Balance transfer | Available |
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| Instalment plan | 0% Easy Payment Plans |
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Welcome bonus: AED 750 welcome bonus (minimum spend criteria required; application window 15 July - 15 September 2026)
Terms: New customers only (no existing RAKBANK credit card) | Apply digitally via RAKBANK app/online | Meet minimum spend within 60 days of issuance | Credited within 90 days | Reversed if card cancelled within 12 months | Promotion valid 15 Jul 2026 to 15 Sep 2026
World Credit Card benefits
✓Up to 10% cashback on supermarket, travel and dining
✓Free for life
✓1000+ airport lounges for cardholder plus guest
✓Free Careem Plus membership for 12 months
✓50% off at VOX Cinemas
✓Complimentary travel insurance
Offers and payment options
Quick cashCash advance of up to 80% of the credit limit, plus a credit card cheque option
Balance transferAvailable
Instalment plan0% Easy Payment Plans
World Credit Card fees & charges
| Annual percentage rate (APR) | 43.8% |
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| Cash advance fee | 3.31% of cash advanced or AED 105, whichever higher (incl VAT) |
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| Late payment fee | 241.5 |
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| Over-limit fee | 299.25 |
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| Foreign currency fee | 2.57% of transaction amount (non-AED and AED), plus ~1.15% Mastercard network fee (per SP Guide) |
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| Minimum payment | 4% or AED 100, whichever higher |
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| Interest-free period | Up to 55 days |
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| Card replacement fee | 52.5 (digital banking) / 78.75 (other channels) (per SP Guide) |
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From the bank’s Key Facts Statement / Schedule of Charges. Some figures include and some exclude 5% VAT, a bank’s marketing page can differ from its Key Facts Statement, and fees change - always confirm with the bank before you apply.
Who should get this card?
It suits mid-to-high earners in the UAE who want strong grocery, travel and dining cashback plus lounge access at no annual fee.
What works well
- ✓High 10% headline cashback categories
- ✓Free lounge access with a guest
- ✓Free for life
What to weigh up
- −Top rates require AED 10000 monthly spend
- −Category caps limit real-world value
- −Exact caps not published on the official site
World Credit Card eligibility
Minimum salary of AED 20000; UAE resident
▤Emirates ID▤Passport/Visa copy▤Salary certificate or bank statements
World Credit Card FAQs
Minimum salary of AED 20000; UAE resident
The listed annual fee is AED 997.50. No annual fee for the first year; from the 2nd year AED 997.5 (incl VAT) applies, waived if AED 100,000 or more is spent in the previous year (RAKMoney transfer, BT, CCC and cash transactions excluded)
Up to 10% on supermarket, travel and dining; 3% on e-wallet spend via Apple, Samsung and Google Pay; 1% on other retail; 0.25% on government services and utilities
It suits mid-to-high earners in the UAE who want strong grocery, travel and dining cashback plus lounge access at no annual fee.
Product details are indicative and compiled from each bank’s official pages and Key Facts Statements; figures can differ between a bank’s marketing page and its Key Facts Statement, and fees, rates and VAT treatment change. We are not affiliated with, or authorised by, any bank - always confirm current fees, eligibility, rewards and terms directly with the issuing bank before applying. This page does not constitute financial advice.
