First Abu Dhabi Bank (FAB) is one of the UAE's most prominent financial institutions and offers a wide range of products and services to customers. Credit cards make for one such product of the bank, with FAB Bank offering various types of fab credit cards to cater to the needs of different market segments in the UAE.
FAB Gold Credit Card is one of the renowned cards in the UAE owing to its long list of benefits and rewards collected every time the card is swiped. Let's cover the features, benefits, fees, eligibility criteria, and many more crucial aspects of the FAB Gold Credit Card.
FAB Gold Credit Card comes with benefits like interest-free credit for longer periods than other credit cards, offers provided by merchants on shopping, and so on. Some of the major features and advantages of the FAB Gold Credit Card are listed below –
Applicants are required to satisfy the following eligibility criteria to apply for the FAB Gold Credit Card –
Besides the mentioned factors, keep in mind that a good credit Score is also essential to increase the chances of approval of your credit card application. Irrespective of your income, a poor credit score may result in your credit card application rejection or an increase in interest rates.
After verifying your eligibility for a FAB Gold Credit Card, you need to keep the following documents ready to be submitted at the time of applying –
Note: First Abu Dhabi Bank may ask for additional documents at its discretion during the FAB Gold Credit Card application process
Have a look at the table below to view the applicable charges and fees as well as the key rates for the FAB Gold Credit Card –
FAB Gold Credit Card Fees and Charges |
Amount/Rate |
---|---|
Annual fee of primary credit card |
OMR 35 |
Yearly fee of supplementary credit card |
OMR 17.5 |
Replacement of card (for lost/stolen cards or regular wear and tear) |
OMR 15 |
Interest rate for FAB customers (salary mandated) |
1.5% per month |
Interest rate for non-FAB customers |
1.75% per month |
Cash advance limit |
80% of the credit limit |
Cash advance fee |
2.5% or OMR 5 (whichever is higher) |
Late payment fee |
OMR 7.5 |
Over limit fee |
OMR 7.5 |
Copy of credit card statement |
OMR 5 per month |
The procedure for applying FAB Gold Credit Card is rather straightforward, as you can apply for the card online, offline, or even by phone banking.
You can enjoy an interest-free credit period of up to 56 days with the FAB Gold Credit Card.
The minimum monthly salary requirement for a FAB Gold Credit Card is OMR 700. So if you earn OMR 900 per month, you can apply for this card.
Yes, the annual membership fee for holding a FAB Gold Credit Card supplementary card is OMR 17.5.
You can apply for a FAB Gold Credit Card online, offline, or by phone.
Yes, it is safe to complete transactions through FAB Gold Credit Card, as it is an EMV card and has features like OTP verification that provide security.