Dubai: The National Bank of Ras Al Khaimah (RAKBANK) announced the launch of its extraordinary Emirates Skywards Mastercard World Elite Credit Card campaign that offers cardholders the opportunity to earn up to 160,000 bonus Skywards Miles.
As travel begins to pick up again, it is now the right time to start planning your vacation. RAKBANK Emirates Skywards Mastercard World Elite Credit Card, provides the best offer of up to 160,000 bonus Skywards Miles. New cardholders can earn bonus Skywards Miles from three main actions – Applying, Spending and Transferring:
- Receive 20,000 bonus Miles when signing up and paying the annual fee
- Get up to 80,000 bonus Miles upon transfer of outstanding balances from other non-RAKBANK cards. The balance transfer is being offered at 0% interest rate for 3 months and a 2.99% processing fee
- Earn 50% bonus Miles on spends in the first three statements
New cardholders can also enjoy a free one-night stay at Rixos Premium Dubai hotel upon successful completion of their application online on RAKBANK’s portal. Additionally, existing cardholders can also avail of the balance transfer offer and earn up to 80,000 bonus Miles.
The Emirates Skywards Mastercard World Elite Credit Card rewards cardholders with up to 40,000 Skywards Miles every month based on spends in Dirhams. This is accompanied by a complimentary Emirates Skywards Silver tier membership and the option to fast-track to Emirates Skywards Gold tier membership for both the primary and supplementary cardholder. Similarly, cardholders can also take advantage of a limited-period special monthly interest rate of 2.5%.
Frederic de Melker, Managing Director of Personal Banking at RAKBANK, said:
“When designing this card and its campaign, we considered three main factors. Firstly, we made sure it truly offers the best value for customers versus what is available in the market whereby we made it simple for our cardholders to know exactly how many skyward miles they are earning, based on their spends in dirhams. Additionally, we designed this card with an innovative concept that was targeted at capturing customer needs with regards to lifestyle benefits like shopping, staycations and more. Lastly, we created options to reward cardholders for every action they take – whether joining, or spending or transferring balances, or maybe even choosing to do all. We truly believe we have created something unique in the market – such offers are hard to come across and cardholders should make the most of it. The best opportunity to save on Skywards Miles is here. The time to act is now.”
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About RAKBANK
RAKBANK, also known as The National Bank of Ras Al Khaimah (P.S.C), is one of the UAE’s most dynamic financial institutions. Founded in 1976, it underwent a major transformation in 2001 as it rebranded into RAKBANK and shifted its focus from purely corporate to retail and small business banking. In addition to offering a wide range of Personal Banking services, the Bank increased its lending in the traditional SME, Commercial, and Corporate segment in recent years. The Bank also offers Islamic Banking solutions, via RAKislamic, throughout its 27 branches and its Telephone and Digital Banking channels. RAKBANK is a public joint stock company headquartered in the emirate of Ras Al Khaimah and listed on the Abu Dhabi Securities Exchange (ADX). For more information, please visit www.rakbank.ae or contact the Call Centre on +9714 213 0000. Alternatively, you can connect with RAKBANK via twitter.com/rakbanklive and facebook.com/rakbank .
For media enquiries, please contact:
Fatima Kloub
Fatima.kloub@rakbank.ae
© Press Release 2021
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