Since each individual RAKBANK Credit Card has its own preset credit limit, clients with multiple cards find it inconvenient to manage all their credit limits.
To make things easier, clients can now access their combined credit limit, which is the sum of all their credit limits, using any of their RAKBANK Credit Cards. Card transactions will be approved as long as it is within the overall credit limit assigned to the customer.
All other benefits of RAKBANK Credit Cards will remain applicable and customers will continue to receive individual statements for each card with details of the transactions made on each. Customers can also continue making payments on all their RAKBANK Cards using any existing payment channel.
Combined Credit Limit does not include limits assigned on any RAKBANK Business Titanium Credit Card(s) or credit cards issued by RAK Islamic Finance Company (Pvt. J.S.C), a subsidiary of RAKBANK.
Yes, you will have to make payments for each RAKBANK Credit Card based on the billed amount mentioned in the statement for that respective card.
Yes, you will continue to receive individual statements for each of your RAKBANK Credit Cards.
Yes, you will continue to receive individual statements for each of your RAKBANK Credit Cards.
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Combined Credit Limit For All Your Credit Cards | RAKBANK UAE
