RAKBANK Titanium Business Credit Card is for those driven businessmen who despite their busy schedules want to avail the best in life. A card designed with business transactions in mind—paying suppliers, availing interest free credit or expenditure at merchant outlets. This is a great card with which you can spend on goods and services for your business.
Features and benefits of RAKBANK Titanium Business Credit Card
RAKBANK Titanium Business Credit Card is specially designed to meet needs and transactions of businesses. Here are a few:
- Cashback on your transactions: As much as 2% Cashback on all your internet, cash transactions, international and domestic retail purchase is available on your RAKBANK Titanium Business Credit Card. Cashbacks may be adjusted against outstanding or be redeemed. A maximum of AED 1,000 can be availed as cashback per month.
- Credit Limit that is higher: Business needs require higher credit limits and RAKBANK Titanium Business Credit card offers just that .This is akin to a revolving credit facility, so that you may spend and revolve as per your cash flow.
- Greater Cash Advance: RAKBANK Titanium Business Credit Cardholders can avail up to 90% of their Credit Card Limit as Cash Advances. These withdrawals may be made through RAKBANK branches and exchange houses or ATMs. Business and supplier payments can also be made using cash advance.
- Flexible Repayments: Interest-free credit can be availed by RAKBANK Titanium Business Credit cardholders for as much as 55 days. They may however pay a minimum amount each month and roll over the rest.
- Business Travel Benefits: Since businessmen travel frequently, Premium RAKBANK Business Cardholders can avail several business travel benefits. Unlimited airport lounge access at Abu Dhabi, Cairo, Dubai, Kuwait, and Jordan airports can be accessed irrespective of frequency and class of travel.
- Several Insurance Benefits: The RAKBANK Titanium Business Credit Card offers several insurance covers like Travel Accident Insurance and Purchase Protection and free Fraud Protection Insurance. Special rates available for premium on business insurance. Credit Shield Insurance is available on payment of a nominal premium.
Fees and charges of RAKBANK Titanium Business Credit Card
RAKBANK Titanium Business Credit Card is free for life. It also offers competitive interest rates on the amount carried forward, making it truly the best in its class. Please refer to the Service and Price guide for more information. The fees and charges are subject to terms and conditions.
Eligibility Criteria and Documents Required for RAKBANK Titanium Business Credit Card
RAKBANK Titanium credit is available to business owners in UAE who have a current account with RAKBANK.
In addition, businesses may request for extra business credit cards for their employees who are authorised to carry out financial transactions. Monthly limits can be set on such cards. They can use the card for day-to-day business spends.