Life is unpredictable, but we can be prepared.
That's why we are proud to offer
Credit Shield Plus Protection Cover, the most comprehensive coverage for RAKBANK Credit
Card customers.
Credit Shield Plus provides peace of mind in uncertain times. This valuable
benefit covers your outstanding balance in case of unforeseen events such as
death, critical illness, or job loss.
With Credit Shield Plus, you can
rest assured that you and your loved ones won't be faced with financial stress
during difficult times.
Credit Shield Plus is complimentary with your first two card statements. After that, a nominal monthly contribution rate will be applicable on the outstanding balance of each month’s card statement.
If you prefer not to have Credit Shield Plus protection, please call us at 600
544049 between 9 AM and 6 PM or chat with us on our website to make a request to
de-enroll.
Please note that disenrolling from Credit Shield Plus is a
permanent action and re-enrollment will not be possible.
It covers RAKBANK Credit Card holders in the following cases:
Credit Shield Protection Cover is applicable worldwide. However, its ILOE (Involuntary Loss of Employement) benefit is restricted to the UAE.
Yes, there is a waiting period of 3 months from the date of enrolment.
No, you cannot re-enter the programme after cancelling it.
Yes, here are a few exclusions to ILOE (Involuntary Loss of Employment):
If you want to learn more, refer to your Credit Card’s Terms and Conditions.
Get quick answers to your queries.
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Credit Shield Plus Protection Cover For Credit Card Customers | RAKBANK UAE
