RAKBANK Announces 2011 Summer Promotion

This summer, RAKBANK Cardholders are given the chance to come back from their vacations with more than CashBack and travel privileges, as the Bank launches its latest seasonal promotion.

Cardholders who spend a total of AED 5,000 on their RAKBANK MasterCard Credit, Debit, or Prepaid Card from June 1^st to August 31^st will enter the prize draw. Fifty lucky Bank customers will be given the chance to win AED 2000 to spend at www.smartshop.ae, an online shopping destination exclusively for holders of RAKBANK Credit and Prepaid Cards.

“Every season, RAKBANK aims to provide customers with attractive deals and promotions that add value to their banking experience,” said Ian Hodges, Head of Personal Banking at RAKBANK. “With travel season around the corner, we are confident that our promotion will be of great value to our cardholders and will allow them to enjoy a new online shopping experience via our partner, smartshop.ae.”

Smartshop.ae is a new online platform that gives RAKBANK cardholders the opportunity to shop for a wide range of entertaining items and gadgets online. The site offers a variety of flowers, cakes, home décor, games and gift ideas for Children, Teens, Men, Women, and those Young at Heart. Smartshop.ae is continuously expanding its product range to provide the best in new releases and ensure a greater selection of products. Anytime customers make a purchase, www.smartshop.ae delivers the purchase to the customer’s doorstep in a timely manner by partnering with top logistics companies across the UAE.

While out of the country, RAKBANK gives its customers the option of using any of its cards for payment including its suite of six Credit Cards, two Debit Cards, and two Prepaid Cards. The cards are free for life with no annual fees and come with a Cashback feature on international transactions that reach 5% on Credit Cards and 2% on Debit Cards. Prepaid Cards on the other hand, serve as an alternative to cash for family members especially useful for travel, and offer a host of lifestyle and entertainment privileges as well. RAKBANK Cards also entitle their holders to multiple dining and hospitality discounts, ongoing promotions, and a chance to win a million Dirhams every 6 months on select cards.

The Bank’s Credit and Debit Cards provide customers with convenient and instant access to funds anywhere in the world, and can be used at all ATMs and merchants that accept MasterCard, Visa, UAESWITCH or GCCNET cards.

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About RAKBANK

RAKBANK, also known as the National Bank of Ras Al-Khaimah, is a leading retail and small business bank in the UAE, serving over 400,000 customers. Founded in 1976, the Bank is one of the country’s oldest local financial institutions and today one of its fastest growing, most dynamic banks and a major player in the personal banking and small business sectors in the UAE.

The Bank offers a wide range of personal and banking services through its 31 branches and telephone and online banking channels. It is a leading provider of credit cards and a prominent player in mortgage finance and small to medium enterprise finance.

Customer service excellence is a cornerstone of the Bank’s success, with the bank having been voted in 2010 for five years running as #1 Bank in Customer Service in the UAE Annual Bank Benchmarking Study. For more information, you can visit www.rakbank.ae or contact the Call Centre at +9714 213 0000. You can also connect to RAKBANK via twitter.com/rakbanklive and facebook.com/rakbank.