RAKBANK Debit Card

RAKBANK, also known as the National Bank of Ras Al Khaimah, is a leading financial institution in the UAE offering numerous debit cards to nationals and expatriates. RAKBANK debit cards are available for both personal and corporate use. 

This article will discuss all the key aspects of RAKBANK debit cards, such as the debit card application process, eligibility criteria, documents required, features of each debit card, and much more. 

Types of RAKBANK Debit Cards Available and RAKBANK Debit Card Offers

RAKBANK debit cards can be separated into two categories – personal debit cards and corporate debit cards. 

Given below are the major RAKBANK debit cards from each category along with their features and benefits – 

Personal Mastercard Debit Cards

RAKBANK Elite Debit Card

• The card is valid globally for shopping purposes and allows shopping at 36 million+ outlets accepting Mastercard cards
• Receive an SMS notification from the bank every time you make a transaction using your debit card
• Both Chip and PIN facilities are available to ensure the utmost security 
• Cash withdrawal service is available globally for more than 1 million Mastercard ATM locations

RAKBANK Select Debit Card 

• Enhanced Chip & PIN feature is available with these debit cards to avoid fraudulent activities and counterfeiting
• This card can be utilised across the world for shopping at 36 million+ outlets that accept Mastercard cards 
• Upon every debit card transaction, you will receive an SMS on your registered mobile number
• Cash withdrawal facility is available at more than 1 million Mastercard ATM locations across the world
• Enjoy the benefit of unlimited complimentary access to over 10 VIP lounges in Dubai, Abu Dhabi, Cairo, Jordan, and Kuwait airports
• Avail up to 10% Cashback on your next booking on Booking.com with your RAKBANK Mastercard Debit Card
• Get flat 10% off on booking with rentalcars.com – rentalcars.com offer car rental services from major and local brands in 60,000 locations across 160 countries.
• Travel Accident Insurance and Purchase Protection available with this RAKBANK Select debit card
• Avail of 2–for-1 Priceless offers and discounts on exploring new restaurants across the UAE, KSA, Bahrain, Oman, Lebanon, Kuwait, and Jordan 

RAKBANK Standard Debit Card 

• Safeguard your card against misuse with its enhanced Chip & PIN feature 
• Enjoy Mastercard contactless feature with just a few taps
• You can use this card globally for shopping at 36 million+ outlets that accept Mastercard cards
• Get instant SMS notification from the Bank whenever you make a Debit Card transaction
• Enjoy cash withdrawal facility at 1 million+ Mastercard ATM locations across the world 
• Enjoy large savings on travel packages with MMI Travels

Business Mastercard Debit Cards 

Business Debit Card 

• Enjoy Mastercard contactless service with the Tap & Go technology 
• Avail of enhanced Chip & PIN feature to avoid debit card fraud and counterfeiting
• Enjoy a daily cash withdrawal limit of up to AED 35,000. 
• Cash withdrawal facility is available with this debit card at more than 1 million Mastercard ATM locations across the globe
• Get discounted rates on SME insurance on Motor Fleet, Healthcare, and personal accident insurance
• Get up to 20% off on shipping with daily business shipments 
• Enjoy various Buy 1 & Get 1 offers with Mastercard throughout the Middle East and Africa 
• Avail of the Mastercard Priceless cities offer 
• With this card being valid globally for shopping purposes, you can enjoy shopping at 36 million+ outlets that accept Mastercard cards 
• With the RAKBANK business debit card, get Travel Accident and Purchase Protection Insurance
• Get instant SMS notification from the Bank whenever you make a Debit Card transaction

RAKelite Business Debit Card 

• With this debit cash, you can enjoy a daily cash withdrawal limit of up to AED 50,000 – the overall daily transaction limit is AED 75,000
• Shop at 36 million+ outlets worldwide that accept Mastercard cards 
• Simply tap and pay with Mastercard contactless with Tap & Go technology 
• The bank offers Chip & PIN feature with this debit card to prevent card fraud activities
• Enjoy cash withdrawal facility at more than 1 million Mastercard ATM locations across the globe
• Get an instant SMS notification from the Bank after every transaction you make with your RAKBANK debit card 
• Get Purchase Protection and Travel Accident insurance with this debit card 
• Enjoy discounted rates on SME insurance on Healthcare, personal accident insurance, Motor Fleet insurance 
• Get a discount of up to 20% on DHL shipping on daily business shipments
• Enjoy Buy 1 & Get 1 Mastercard offers throughout Africa and the Middle East 
• Avail of Mastercard Priceless cities offer as well

What are the Eligibility Criteria for RAKBANK Debit Cards?

To find out whether you are eligible for a RAKBANK debit card, take a look at the eligibility criteria –  

• The applicant must be a UAE national or an ex-pat 
• The applicant must have existing savings account at RAKBANK 

What are the Documents Required to Apply for RAKBANK Debit Cards?

As you need to have a bank account at RAKBANK to obtain a debit card, the documents required for a debit card are the same as those required while opening the account. This includes the following documents –  

• Original and a valid copy of passport 
• An original and valid copy of the residence visa page 
• Proof of income, such as a salary certificate
• Bank account statement of previous 3 months

How to Activate RAKBANK Debit Card 

Go through the following set of instructions to learn the RAKBANK debit card activation online process: 

1. Start by requesting an activation code. For this, you can send an SMS to 4595 from your registered mobile number in this format: ACT <SPACE> [First 4 digits of your debit card number] <SPACE> [Last 4 digits of your debit card]
2. A 6-digit activation code will be sent to your registered mobile number. Keep in mind that the code is active for 30 minutes.
3. Make a call 600544049 and follow the prompted instructions to activate your card 
4. You will hear a PIN as well 
5. Once your debit card gets activated, you will receive a confirmation message 

How to Change RAKBANK ATM Card PIN

At times, you may forget your RAKBANK debit card PIN or may notice some unauthorised transactions via your debit card. In such circumstances, it is crucial to change your ATM card PIN as soon as possible. The process for this is fairly straightforward, as you can reach out to any RAKBANK ATM near you. While changing your PIN, make sure you set up a new PIN that is easy to remember yet sufficiently complex so that no one besides yourself can guess it. 

Cash Limit Per Day 

Tabled below are the cash limits of your debit card per day – 

Fees & Charges for RAKBANK Debit Cards

Refer to the following list to find out more about all the charges and fees related to your RAKBANK debit card – 

• Card replacement: AED 25
• Replacement or Reissue of PIN: AED 25
• Cash withdrawal at 
  • RAKBANK ATMs: None 
  • UAE Switch ATMs: AED 2
  • GCC Switch ATMs: AED 6
• Cash withdrawal at Mastercard ATMs Worldwide (other than GCC Switch ATMs): AED 20
• Balance Enquiry at 
  • RAKBANK ATMs: None
  • UAE Switch ATMs: AED 1
  • GCC Switch ATMs: AED 3
  • Mastercard ATMs Worldwide: AED 3
• Declined transaction charges: AED 1

How to Check RAKBANK Debit Card Balance? 

To keep a check on your RAKBANK debit card balance, you can make use of the RAKBANK mobile services. Simply dial *169# from a phone that has an Etisalat connection and follow the prompted instructions to proceed with your debit card balance enquiry. 

What to Do If Your RAKBANK Debit Card is Lost? 

In case your RAKBANK debit card is lost or goes missing, you should immediately file a report at the nearest police station. You should also block it immediately by giving a call at 600544049 from any region of the UAE. If you reside outside UAE, call at +97142130000. 

Let’s now take a look at some FAQs about RAKBANK debit cards to gain a better understanding of their features and functioning. 

FAQs