FAB, or First Abu Dhabi Bank, is one of the largest banks in the United Arab Emirates, as well as a member of the world’s safest and largest financial institution. It provides consumers with a wide range of unique solutions, as well as products and services, in order to give a personalized, enhanced customer experience. Their credit cards are one of these items.
The FAB Cashback Credit Card is one of the several credit card options offered by FAB, and it rewards the customer with a variety of benefits each time the card is swiped. It has it all, from high reward percentages to a variety of travel, lifestyle, and protection perks.
Minimum Salary – AED 5000
Annual Fee – AED 315
Benefits of FAB Cash back Credit Card
Welcome Bonus – When you purchase a FAB Cashback credit card, First Abu Dhabi Bank rewards you with a welcome bonus. You will receive a cashback of AED 300 as a bonus on making one retail purchase within 30 days of receiving the card.
Cashback – Earning cashback has never been so easy. With a FAB Cash back credit card, earn cashback up to 5% every day. Here is the list of cashback rates on different purchases:
Spending type
Cashback %
Posted in the form of equivalent FAB Rewards
Supermarket spending (including online)
5%
12.5 FAB Rewards/ AED 1 spending
Utility payments
5%
12.5 FAB Rewards/ AED 1 spending
Fuel
5%
12.5 FAB Rewards/ AED 1 spending
All other retail spending including online shopping
1%
2.5 FAB Rewards/ AED 1 spending
The cashback rate will vary for non-AED spending:
Spending type
Cashback %
Posted in the form of equivalent FAB Rewards
All non-AED spending
2%
5 FAB Rewards/ AED 1 spending
Capping on cashback:
Spending Type
Cashback
Supermarket Shopping
AED 500
Fuel
AED 250
Utility Spending
AED 250
Non-AED Spending
No capping
Other Retail Spending
No capping
You can redeem this cashback by calling FAB at 600 52 5500.
Shopping Benefits – As an owner of FAB Cashback credit card, you receive up to 10% cashback at leading stores across the globe throughout the year. All you need to do is make a purchase through FAB credit card using the Shop Smart option on FAB Mobile App.
Pay Less for Movies – If you own a FAB Cash back credit card, you can purchase two movie tickets at AED 15 each on weekdays. In case you wish to purchase a movie ticket for the weekend, you will require paying AED 20 each for two tickets. This offer is valid at:
Reel Cinema
Cine Royal
Oscar Cinema
What’s more! You receive up to a 20% discount on drinks and food. However, to receive these benefits, you will need to spend AED 3000 in a calendar month.
Careem Discounts – When you book your ride on Careem with a FAB Cash back credit card, you receive 20% off on every ride.
Buy 1 Get 1 – Want more from your credit card? With the FAB Cashback credit card, you receive the buy 1 get 1 offer in more than 90 destinations and over 600 merchants. Pay for one and get two!
Power of Mastercard – FAB Cashback credit unlocks all the benefits provided by Mastercard. You can use your credit card for:
Priceless City Experiences – The priceless city experience offers you magical experiences of different cities. For instance, you can discover the LEGOLAND discovery centre of Melbourne online, or explore the sea life of Melbourne, or enjoy G2 Esports, among other experiences.
Contactless Payments – With the contactless payment option, you receive the freedom of making payments with your smartphones and smartwatches. You can use contactless payment options at any store (that accepts it) around the world.
Key Features of FAB Cashback Credit Card
Credit Shield – In case you purchased an expensive item via your FAB Cashback credit card and you fall critically ill or meet a car accident or lose your job or perish, your family or you will not be bothered by the bank for a credit card payment. Your credit shield will pay for your credit card bill.
Wallet Protection – If you become a victim of fraud or lose your FAB Cash back credit card or your card is stolen, or your ID papers or keys are stolen, wallet protection covers your financial losses.
Complimentary Access to Airport Lounges – With a FAB Cashback credit card, you receive free unlimited access to 10 airport lounges in KSA, Kuwait, Egypt and the UAE.
Exclusive Offers on Travel – Make your travel bookings with Avis via FAB Cash back credit card and receive exclusive benefits. Besides, you can also avail yourself of luxury serviced apartments and luxury hotels with a 15% discount on your bookings via FAB Cashback credit card.
FAB Cash back Credit Card Rewards and Offers
Below detailed are the rewards and offers provided to the holders of a Cashback Credit Card:
Cashback worth 5% on Supermarket, Utilities, and Fuel Spending
Cardholders are offered with the best rate for cashback on their spends on this FAB Credit Card. They are eligible to earn a 5% cashback on utility bills, supermarket spends (even online transactions), and at petrol stations. The cashback for the members is calculated on a monthly basis and is rewarded by the date of the statement on request.
The following is the cashback percentage earned on different spending categories:
Spending Category
Cashback Earned
Supermarket Spends – Both Online and Offline
5%
Utility Bill Payments
5%
Fuel Spends
5%
All Other Retail Spends, even Online Shopping
1%
The cashback can be simply redeemed by calling the FAB call center on the number 600 52 5500 and placing a request.
Welcome Cashback Bonus
If the cardholder can successfully make one retail spend in the first 30 days from the card issue date, he or she is eligible to receive a bonus cashback worth AED 300.
Movie Tickets Starting at AED 15
Holders of the FAB Cashback Credit Card can enjoy two movie tickets every month priced at AED 15 per ticket during the weekdays and at AED 20 per ticket on the weekend at the following cinemas:
Reel Cinemas
Oscar Cinema
Cine Royal
Additionally, they can also enjoy discounts of up to 20% on food and beverages.
This offer is subject to a minimum spend of AED 3,000 in a calendar month.
Shop Smart
When using the FAB Cash back Credit Card, the cardmember can enjoy a cashback of up to 10% all year round on the spending made at the leading global online stores. In order to avail this offer and save on every online purchase made at their favorite brands, cardholders need to visit the official website of Shop Smart and register themselves.
Careem Chauffeur Services
When booking a ride with Careem, the cardmember can avail a discount of 20%. The car type can be chosen by the holder for immediate pickup or for scheduling a pickup for later.
1 for 1 Offers
By downloading the Mastercard Buy 1 Get 1 Mobile App, the cardholder can browse and enjoy the best of deals and offers with over 900 offers across more than 90 destinations and more than 600 merchants.
Mastercard Offers
With Mastercard, cardmembers can enjoy many more exclusive offers on their FAB Cashback Credit Card.
Discounts on Luxury Serviced Apartments and Hotels
When the cardmember is traveling for extended periods, they can feel at home by enjoying discounts of up to 15% off on their stay at the luxury serviced apartments.
Fee & Charges of FAB Cash back Credit Card
The following table details the fee and charges on the FAB Cashback Credit Card:
Fee and Charges
Amount
Annual Membership Fee
AED 315
Supplementary Annual Membership Fee
Nil
Retail Purchase Interest Charges
Up to 3.50% monthly
Cash Advance Interest Charges
3.50% monthly
Fee for Cash Advance
3.15% of the total amount of cash obtained (a minimum fee of AED 105 for every transaction)
International Transaction Charges
2.05 % of the transaction amount and scheme charges
Fee for Credit Shield Plus
1.04% of the total outstanding balance
Fee for Wallet Shield
Monthly charges of 0.42% of the total outstanding balance
Fee for Accident Insurance
Monthly charges of 0.26% of the total outstanding balance or AED 31.5 – the higher amount
Late Payment Charges
AED 241.50 any month when payment is delayed, the payment is not made, or the payment is less than the amount that is minimum due
Over Limit Charges
AED 288.27 any month when the balance due is exceeding the credit limit assigned
Plan Deferment Fee
AED 262.50
Returned Cheque Fee
AED 210
Monthly Minimum Payment
Maximum of 5% of the outstanding amount or AED 100
Payment Due Date
25 days from the statement date
Reprint of Statement Charges
AED 26.25 for every statement
Transaction Slips’ Copies
AED 26.25 for every transaction slip
Processing Charges for Outstation Cheque
AED 52.50
Dispute Verification Fee
AED 105
Issuance of Liability Letter
AED 52.50
Eligibility for Purchasing FAB Cash back Credit Card
If you wish to purchase a FAB Cashback credit card:
You should be aged 21 or above
You should have a minimum salary of AED 5,000
You should be a UAE national or resident
You will also need your Emirates ID, valid passport, visa (if applicable), salary certificate and residence proof
*Please note that the list of eligibility and documents is not final. The bank may demand more or additional documents to approve your FAB Cashback credit card.
Interested to apply for a FAB Cashback Credit card? kindly fill up the below form and one of our credit card specialist will contact you soon!
