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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!
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.
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.
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 spending 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.
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.
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:
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.
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.
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.
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.
With Mastercard, cardmembers can enjoy many more exclusive offers on their FAB Cash back Credit Card.
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.
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 |
If you wish to purchase a FAB Cashback credit card:
*Please note that the list of eligibility and documents is not final. The bank may demand more or additional documents to approve your FAB Cash back credit card.
Ans: Yes, the cardholder needs to make one retail transaction on his or her card within 30 days from the date of issuance.
Ans: No, there is no annual fee for holding the supplementary card.
Ans: Yes, there is a cashback worth 1% offered on retail spending including online shopping.
Ans: Yes, to enjoy the discounts on the movie tickets the cardholder needs to spend at least AED 3,000 in one calendar month.
Ans: Yes, you can make international transactions on your FAB Cashback Card. There is a fee of 2.50% levied on using this service.