# RAKBANK Credit Card Cash Withdrawal **Published:** 2022-11-03T10:13:34.963Z **Updated:** 2026-07-30T16:29:24.009Z **Author:** Tanvi Pathak **Original Url:** https://www.paisabazaar.ae/credit-cards/articles/rakbank-credit-card-cash-withdrawal/ ## Most Popular Credit Card in UAE Salary Range Free for Life ### Cashback Credit Card CashbackAirport Lounge AccessTravel DiscountsDining DiscountsFood Delivery OffersIslamic / Shariah Compliance Minimum Salary:**5,000** Annual Fee:**Free for Life** 5% cashback on two categories below Grocery, Educations, Fuel, International spends, Dining Enjoy complimentary airport lounge access to over 25 lounges worldwide. Cashback ### ULTRACASH Mastercard Touch Card Valet ParkingBalance Transfer Facility0% Installment Plans Minimum Salary:**10,000** Annual Fee:**500** Welcome Offer : Make one retail transaction in the first 30 days of card issuance and receive bonus cashback upon payment of annual fee.AED 500 UAE Nationals and AED 300 Expatriates 10% cashback on Fuel for the first 3 months and 5% thereafter Reward Points ### TouchPoints Visa Infinite Credit Card Airport Lounge AccessMovie DiscountsDining DiscountsGolf BenefitsTravel Insurance CoverageTravel DiscountsFood Delivery OffersBalance Transfer Facility0% Installment PlansSchool Fee Installment PlanInstant Cash Loan Minimum Salary:**25,000** Annual Fee:**1,050** 15,000 Bonus TouchPoints for spends of AED 15,000 VOX Cinemas Buy one get one FREE The National Bank of Ras Al-Khaimah, officially known as RAKBANK, is named among the most dynamic and fastest-growing banks in the United Arab Emirates. It provides Islamic and conventional retail, and commercial banking services with a broad network of branches, ATMs, mobile banking, and telephone channels.  RAKBANK credit card cash withdrawal is one of the most sought-after features of the bank. With this facility, customers can withdraw cash using their [RAKBANK credit card](https://www.paisabazaar.ae/credit-cards/rakbank-credit-cards/) up to their assigned limit. This feature is very helpful in a financial crisis as it provides the RAKBANK credit card holders with immediate cash. However, this feature is slightly more expensive than other credit options. Hence, should be used mindfully.  ## RAKBANK Credit Card Cash Withdrawal Charges and Limit  As discussed above, you can withdraw cash using the RAKBANK credit card cash withdrawal procedure within a specific limit. This credit limit is assigned to you by RAKBANK after taking into account multiple factors like your card type, account type, financial status, age, region, and so on. This is known as the RAKBANK credit card cash withdrawal limit and can be increased or decreased by the bank under certain terms and conditions. RAKBANK credit card cash withdrawal charges are the fees levied by the bank for the credit cash advance facility. These charges include a cash advance fee for RAKBANK and certain finance charges. While a cash advance fee is an amount levied on you each time you make a [credit card cash withdrawal](https://www.paisabazaar.ae/credit-cards/articles/all-about-credit-card-cash-withdrawal-in-uae/), finance charges include an interest rate that is applied to you from the day you withdraw [credit card in uae](https://www.paisabazaar.ae/credit-cards/) cash till the day it is settled completely.  Note that the cash advance fee levied by RAKBANK is 3% or AED 99 (whichever is higher). Moreover, the finance charges are 3.45% every month.  ## Advantages And Disadvantages of RAKBANK Credit Card Cash Withdrawal Facility RAKBANK's credit card cash withdrawal facility has its own set of advantages and disadvantages. It is important to understand both to use the facility responsibly. While it allows you to have immediate access to emergency cash, it is costly looking at the charges it comes with. Here are some other pros and cons of using the RAKBANK credit card cash withdrawal feature: ### Advantages of RAKBANK Credit Card Cash Withdrawal  * Instant cash: Withdraw cash from an ATM 24x7, from any part of the world.  * No permission or approval required from the bank: No need to seek permission from the bank or other financial body to withdraw credit cash.  * Emergency source of cash: Provides immediate cash when no other credit source is available.  * Easy and saves time: Very easy and quick process.   ### Disadvantages of RAKBANK Credit Card Cash Withdrawal  * Higher cash advance fee  * Higher finance charges  * May impact credit score  * May build a debt trap  ## RAKBANK Credit Card Cash Withdrawal Process The process of withdrawing cash using a RAKBANK credit card is very simple and easy. You can proceed with the credit card just like your debit card. Following are the steps involved in withdrawing cash using a RAKBANK credit card: * Locate and visit your nearest RAKBANK ATM facility. \[Note: You can use any other ATM as well, but the transaction charges are quite high in that case.\] * Insert your RAKBANK credit card in the given slot.  * Choose your language preference.  * Select the “Cash Withdrawal” option.  * Enter the amount you want to withdraw.   * Select account type * Enter your 4-digit ATM PIN.  * Collect your cash.  That's it! RAKBANK credit card cash withdrawal feature allows you to withdraw cash in liquid form during times of financial emergency. However, when used frequently over a short period, it may result in hefty finance charges and also impact your credit score. Therefore, it is strongly advised to use the RAKBANK credit card cash advance option as the last option to access emergency cash.  Know More About Top UAE Bank's Credit Card Cash Withdrawal [ADCB Credit Card Cash Withdrawal](https://www.paisabazaar.ae/credit-cards/articles/adcb-credit-card-cash-withdrawal/) [ADIB Credit Card Cash Withdrawal](https://www.paisabazaar.ae/credit-cards/articles/adib-credit-card-cash-withdrawal/) [Ajman Bank Credit Card Cash Withdrawal](https://www.paisabazaar.ae/credit-cards/articles/ajman-bank-credit-card-cash-withdrawal/) [American Express Credit Card Cash Withdrawal](https://www.paisabazaar.ae/credit-cards/articles/american-express-credit-card-cash-withdrawal/) [CBD Credit Card Cash Withdrawal](https://www.paisabazaar.ae/credit-cards/articles/cbd-credit-card-cash-withdrawal/) [Citibank credit card cash withdrawal](https://www.paisabazaar.ae/credit-cards/articles/citibank-credit-card-cash-withdrawal/) [Deem Credit Card Cash Withdrawal](https://www.paisabazaar.ae/credit-cards/articles/deem-credit-card-cash-withdrawal/) [Dubai First Credit Card Cash Withdrawal](https://www.paisabazaar.ae/credit-cards/articles/dubai-first-bank-credit-card-cash-withdrawal/) [Dubai Islamic Bank Credit Card Cash Withdrawal](https://www.paisabazaar.ae/credit-cards/articles/dubai-islamic-bank-credit-card-cash-withdrawal/) [Emirates Islamic Bank Credit Card Cash Withdrawal in UAE](https://www.paisabazaar.ae/credit-cards/articles/emirates-islamic-bank-credit-card-cash-withdrawal/) [Emirates NBD Credit Card Cash Withdrawal](https://www.paisabazaar.ae/credit-cards/articles/emirates-nbd-credit-card-cash-withdrawal/) [FAB Credit Card Cash Withdrawal](https://www.paisabazaar.ae/credit-cards/articles/fab-credit-card-cash-withdrawal/) [Finance House Credit Card Cash Withdrawal](https://www.paisabazaar.ae/credit-cards/articles/finance-house-credit-card-cash-withdrawal/) [HSBC Credit Card Cash Withdrawal](https://www.paisabazaar.ae/credit-cards/articles/hsbc-credit-card-cash-withdrawal/) [Sharjah Islamic Bank Credit Card Cash Withdrawal](https://www.paisabazaar.ae/credit-cards/articles/sharjah-islamic-bank-credit-card-cash-withdrawal/) [Standard Chartered Credit Card Cash Withdrawal](https://www.paisabazaar.ae/credit-cards/articles/standard-chartered-credit-card-cash-withdrawal/) ## People Also Looking For [Credit Card in UAE](https://www.paisabazaar.ae/credit-cards/)[Airport Lounge Access Credit Cards](https://www.paisabazaar.ae/credit-cards/articles/5-credit-cards-offering-complimentary-airport-lounge-access/)[Cash Back Credit Cards](https://www.paisabazaar.ae/credit-cards/articles/top-cashback-credit-cards-in-uae/)[Credit Card Application Status](https://www.paisabazaar.ae/credit-cards/articles/how-to-check-credit-card-application-status/)[Emirates NBD Track Application](https://www.paisabazaar.ae/credit-cards/articles/how-to-check-emirates-nbd-credit-card-application-status/)[Free For Life Credit Cards in UAE](https://www.paisabazaar.ae/credit-cards/free-for-life-credit-cards/)[Credit Card Application Instant Approval](https://www.paisabazaar.ae/credit-cards/articles/want-a-credit-card-with-instant-approval-here-are-your-options/) [Beginners Credit Cards in UAE](https://www.paisabazaar.ae/credit-cards/articles/best-credit-cards-for-beginners-in-uae/)[Check ADCB Credit Card Application Status](https://www.paisabazaar.ae/credit-cards/articles/how-to-check-adcb-credit-card-application-status/)[Credit Card with no Annual Fee](https://www.paisabazaar.ae/credit-cards/articles/top-credit-cards-with-no-annual-fee-in-uae/)[Check Eligibility For a Credit Card](https://www.paisabazaar.ae/credit-cards/articles/credit-card-eligibility-in-uae/)[Credit Card without job](https://www.paisabazaar.ae/credit-cards/articles/get-a-credit-card-in-uae-without-a-job/)[UAE Emirates Id Status](https://www.paisabazaar.ae/credit-cards/articles/check-your-emirates-id-status/) ←Previous [ADIB Credit Card Cash Withdrawal](https://www.paisabazaar.ae/credit-cards/articles/adib-credit-card-cash-withdrawal/) Next→ [Emirates Islamic Bank Credit Card Cash Withdrawal in UAE](https://www.paisabazaar.ae/credit-cards/articles/emirates-islamic-bank-credit-card-cash-withdrawal/)