FAB Cashback Credit Card

FAB or the First Abu Dhabi Bank is one of the largest banks in UAE is also a part of the world’s safest and largest institution. It offers a wide range of custom solutions for the consumers, along with products and services to provide a custom enhanced customer experience. One of these products is their credit cards.

The FAB Cashback Credit Card is one of the different variants of credit cards offered by FAB that rewards the cardholder with numerous rewards every time the card is swiped. From great cashback percentages to various travel, lifestyle, and protection benefits – it offers it all!

FAB Cashback Credit Card Features and BenefitsFAB Cashback Credit Card

The following are the features and benefits of the Cashback Credit Card offered by FAB:

Credit Shield Plus

If something unfortunate were to happen and the cardholder is unable to meet his or her card payments, the Credit Shield Plus will pay off the remaining outstanding balance on the card.

Wallet Shield

With the benefit of a wallet shield, the fraudulent transactions on the cardholder’s lost or stolen credit card are covered. It also covers stolen cards, stolen identification papers, or keys.

Airport Lounge Access

Cardholders can enjoy a smooth pre-flight experience with their FAB Cashback Credit Card. The cashback credit card by FAB allows the cardmember to have unlimited access to over 10 airport lounges at no additional cost in UAE, Jordan, Egypt, Kuwait, and KSA.

Avis Benefits

Whether the cardmember is going for a trip that is for business purposes or taking a vacation with family members, he or she can enjoy various exclusive perks with Avis.

FAB Cashback 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:

  1. Reel Cinemas
  2. Oscar Cinema
  3. 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 Cashback 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 and Charges of FAB Cashback 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

FAB Cashback Credit Card Eligibility

In order to apply for a FAB Cashback Credit Card, the applicant needs to have a minimum salary of AED 5,000.

FAQs on FAB Cashback Credit Card

Q1: Is there any condition on availing the welcome bonus of AED 300?

Ans: Yes, the cardholder needs to make one retail transaction on his or her card within 30 days from the date of issuance.

Q2: Is there any annual membership fee for a FAB Cashback Credit Card supplementary card?

Ans: No, there is no annual fee for holding the supplementary card.

Q3: Can I obtain a cashback on my retail spends on the Cashback Credit Card?

Ans: Yes, there is a cashback worth 1% offered on retail spending including online shopping.

Q4: Is there a condition to enjoy the discounts on movie tickets?

Ans: Yes, to enjoy the discounts on the movie tickets the cardholder needs to spend at least AED 3,000 in one calendar month.

Q5: Can I use my FAB Cashback Credit Card for international transactions?

Ans: Yes, you can make international transactions on your FAB Cashback Card. There is a fee of 2.50% levied on using this service.

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