With an extensive ATM network, digital solutions to your banking and investment needs via internet and mobile banking, instant account opening through Emirates ID, and more, First Abu Dhabi Bank (FAB) offers a wide range of bank accounts that make banking in the UAE a personalised and seamless experience.
In this article, we will have a look at one of the most prominent bank accounts of the bank. Named the 'Etihad Guest Account’, this account by FAB allows users to enjoy the premium features of banking as well as travelling in one place.
Read the article below to find out more about the unique features and benefits, eligibility criteria, and the application process of the FAB Etihad Guest Account.
FAB Etihad Guest Account is specifically designed to provide an enriching and convenient banking experience to users. You can open, manage, and operate the account from the comfort of your home. Moreover, you can avail of various rewards and privileges every time you swipe your card that comes with this account.
Listed below are some top reasons why FAB Etihad Guest Account is an excellent choice –
(1) Easy Accessibility on FAB Mobile App: FAB mobile application helps you to open, operate, and access your FAB Etihad Guest Account in just a few taps. Moreover, you can quickly check your balance, send money, and earn FAB rewards by using this mobile app.
(2) Debit Card Daily Limits: With the FAB Etihad Guest Account, users get an Etihad Guest Platinum debit card for free. For this card, the applicable withdrawal and transaction limits are on the higher side. The ATM cash withdrawal limit for this card is AED 20,000, while the retail purchase transaction limit is AED 40,000.
(3) Purchase Protection Insurance: Etihad Guest Platinum debit card offers two types of protection:
(4) Earn Miles on Etihad Guest Platinum Debit Card: The debit card holders are also entitled to the exclusive reward program that allows them to earn Etihad Guest miles on all spending and redeem the accumulated points at various places:
(5) Free Cash Withdrawals: Users can enjoy two non-FAB ATM cash withdrawals in the UAE for free
Some of the most notable features and benefits of the FAB Etihad Guest Account are discussed for your consideration below –
To open a FAB Etihad Guest Account, the applicant needs to meet the following eligibility criteria as determined by the bank –
Although the document requirements vary as per the user, a few general documents are required from all applicants for a FAB Etihad Guest Account –
Note: Additional documents may be required by the bank as per the profile of the applicant
You can apply for the FAB Etihad Guest Current Account through four different channels as discussed below in brief –
Here are the general fees and charges levied on the FAB Etihad Guest account –
|FAB Etihad Guest Account Fees and Charges
|Utility payment (online & ATM free)
|Closure of the account
|No liability certificate
|Account balance letter
|Standing instructions set up
|Penalty charges for insufficient funds for standing orders
|Liability letter issued to government departments/embassies
|Liability letter issued to financial institutions
|Teller services (six free per month)
|AED 10 per transaction + 5% VAT
|Bulk deposit and withdrawal of cash at the teller counter
|Inward transfers (within UAE)
|Inward foreign currency transfers
|AED 25 or equivalent + 5% VAT
|Foreign currency transfers through online or mobile banking
|SWIFT transactions can bring additional charges as levied by correspondent banks
|Telegraphic transfer in AED through branch
|Telegraphic transfers in Euro, USD, and AUD through the branch
|All branch telegraphic transfers except AED, Euro, USD, AUD
|Cheque Fees & Charges
|Cheque book (first chequebook free)
|Additional chequebook of 10 leaves – AED 21 For 25 leaves – AED 26.25
|Manager cheque/demand draft
|Cancellation of manager’s cheque
|Cheques returned drawn on the account (per cheque)
|Returned cheque deposited in your account
|Stop payment (per cheque)
|Collection of post-dated cheques
|Post-dated cheques withdrawn before the due date
|Special clearance of non-FAB cheque
|Photocopy of cheques
|Cheques dated up to one year – AED 10.50 Cheques dated beyond one year – AED 21
|Debit Card Fees & Charges
|Issuing primary card
|Replacing stolen or lost debit card
|Replacing secret PIN code
|Copy of sales receipt
|For using a FAB ATM
|International transaction processing fee
|2.1% of the transaction amount+ scheme charges
|For using a non-FAB ATM
|Non-FAB ATM in the UAE – AED 2.10 (2 free cash withdrawals per month) Non-FAB ATM in the GCC – AED 6.30 Non-FAB ATM internationally – AED 21
|Balance enquiry transactions via ATM
|Using FAB ATM – Free Non-FAB ATM in the UAE – AED 1.05 Non-FAB ATM in the GCC – AED 3.15
No, you don't need to pay fees to open FAB Etihad Guest Account.
FAB Etihad Guest Account is a zero balance account. This means you don’t need to maintain any minimum balance.
Yes, the FAB Etihad Guest Account holders receive the Etihad Guest Platinum debit card at the time of account opening for free.
You have to pay AED 63 for the liability letter issued to the government departments and embassies on FAB Etihad Guest Account.
The bank doesn't charge any fee for the first two transactions at non-FAB ATMs in a month. Afterwards, a fee of AED 2.10 is levied on each transaction.
You can earn miles on your FAB Etihad Guest Account with your first salary transfer, by maintaining an average monthly balance of at least AED 10,000 per month, and for every AED 10 you spend (domestically or internationally) with your Etihad Guest Platinum debit card provided with the account.