FAB Standard Credit Card

The First Abu Dhabi Bank aims to cater to the banking requirements of its customers with tailor-made products and services. One of these products is the FAB credit cards that are offered in a wide variety catering to different banking needs of the credit card seekers. One of them is the FAB Standard Credit Card that is free for life and offers cardholders great loyalty benefits and perks such as high credit limit and interest-free days.

FAB Standard Credit Card Features and BenefitsFAB Standard Credit Card

The following are the various features and benefits of a Standard Credit Card by FAB:

Free for Life

The FAB Standard Credit Card is a free for life card. This means that there is no annual membership fee that needs to be paid by the cardholder to hold this FAB credit card.

High Credit Limits

A credit limit of a card is the limit up to which the cardholder can spend on his or her card. FAB Standard Credit Card offers high credit limits to its cardholders.

Interest-Free Days

The holders of a FAB Standard Credit Card can enjoy up to 25 interest-free days on their card.

Standing Instructions

With the feature of standing instructions, the cardholder can make up to twenty payments including schools and university fees, utility bills, insurance premiums such as E-vision, Etisalat, and much more – paid at the right time every time.

The cardmember no longer has to worry about remembering dates for payments that need to be made and there will be no missed payments with this feature.

Credit Shield

Cardmembers can achieve the desired peace of mind with their FAB Standard Credit Card as it protects them by paying off their outstanding balance if they are unable to make the payments on their credit cards due to any unfortunate occurrence.

Wallet Shield

A stolen or lost wallet can be more than just mere inconvenience or loss of money – it can take away one’s peace of mind and completely put them off the right path. The wallet shield service by FAB protects cardholders against any fraudulent transactions on the lost or stolen FAB Standard Credit Card, along with stolen or robbed cash as well as any theft of identification papers or keys.

FAB Standard Credit Card Rewards and Offers

Below are the numerous rewards and offers that a FAB Standard Credit Cardholder can enjoy:

Shop Smart

The cardholder can enjoy a year-round cashback worth 10% on their online purchases at the leading online stores using the FAB Standard Credit Card. The holder can start saving on every purchase made at their favorite online store just by simply visiting the official website of Shop Smart and registering.

Loyalty Programs

Cardmembers can enjoy ultimate flexibility when it comes to loyalty programs and they can switch between the loyalty programs on the same FAB Standard Credit Card at absolutely no extra cost, all year round. The following are the types of loyalty benefits offered:

First Rewards

The First Rewards is an exclusive loyalty program that is designed for the members of FAB Standard Credit Card. They are eligible to earn double First Reward Points whenever they swipe their FAB Card at any departmental store or supermarket across the UAE or on all the expenditures incurred internationally.

They have a wide choice of 100s of reward vouchers for electronics, personal accessories, jewelry, and much more at several destinations, some of them are as follows:

  1. Abu Dhabi Mall
  2. Cine Royal Cinemas
  3. Khalidiya Mall
  4. Paris Gallery
  5. Lulu
  6. McDonald’s

First Cashback

The First Cashback program is one of its kind when it comes to the Cashback Programs offered in the UAE. It guarantees cashback earnings of up to 5%, with no criteria for minimum spend. Additionally, the Cashback earned by cardholders has no expiration date. This loyalty program allows cardholders to redeem their accumulated amount of cashback at any time.

Fee and Charges for FAB Standard Credit Card

The table below states the various fee and charges on a Standard Credit Card offered by FAB:

Fee and Charges Amount

Annual Membership Fee

Free for Life

Supplementary Annual Membership Fee

N/A

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

Card Replacement Charges

AED 78.75

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

21-25 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

(Updated as of June 2020)

Eligibility Criteria for FAB Standard Credit Card

There are various eligibility criteria that need to be met when opting for a credit card in the UAE. One of the most important criteria set by the banks is the minimum income. In order for an applicant to apply for a FAB Standard Credit Card, he or she must be having a minimum monthly income of AED 5,000.

FAQs on FAB Standard Credit Card

Q1: How can I apply for the wallet shield coverage offered on my FAB Standard Credit Card?

Ans: To apply for the wallet shield service, the cardholder needs to simply SMS ‘WS’ to the number 2121. This service is offered at a monthly charge of 0.42% of the total outstanding amount.

Q2: Is there any fee charged for the cash advance service?

Ans: Yes, FAB charges a fee of 3.50% monthly on the cash advance service.

Q3: Can I incur international spending on my FAB Standard Credit Card?

Ans: Yes, you can incur international transactions on your Standard Credit Card. There is a fee of 2.05% of the transaction amount applicable along with scheme charges.

Q4: How can I redeem my First Rewards?

Ans: The First Rewards can be redeemed across vouchers at various different destinations by simply calling the number 600 52 5500 and indicating your choice of rewards for redemption.

Q5: How can I redeem by accumulated First Cashback?

Ans: The accumulated First Cashback can be redeemed at any time by contacting the FAB call center on the number 600 52 5500. Once you have put in a request, the cashback amount is immediately credited to your FAB Standard Credit Card.

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