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.
With Credit Shield Plus, the outstanding balance on your applicable RAKBANK Credit Card will be covered in case of:
|Critical Illness (CI)||Up to AED 500,000|
|Permanent Total Disablement (PTD)||Up to AED 500,000|
|Death||Up to AED 500,000|
|Involuntary Loss of Employment (ILOE)||Up to AED 8,000 per month subject to a maximum of 12 months|
In addition to the above, Credit Shield Plus also covers your RAKFit Membership (Aktivo) and Second Medical Opinion (Best Doctors).
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.