The FAB Cashback Credit Card is issued by First Abu Dhabi Bank (FAB) for residents of the UAE. It pays cashback as FAB Rewards, with higher rates on supermarket, fashion, and dining purchases.
Total cashback is capped at AED 1,000 per month, and each 5% category has its own monthly limit. You need to spend at least AED 3,000 in the previous month to earn rewards. Approval depends on the bank’s assessment.
Key Facts (summary)
- Annual fee: AED 300 + VAT (AED 315 including VAT).
- APR (Annual Percentage Rate): 47.88% per year (3.99% per month).
- Minimum income: AED 5,000 per month.
- Fees note: Late payment fee of AED 241.50. Foreign transactions up to 2.61% + VAT + scheme charges.
ملخص الحقائق الرئيسية
- الرسوم السنوية: 300 درهم + ضريبة القيمة المضافة (315 درهماً شاملة الضريبة).
- النسبة المئوية السنوية (APR): 47.88% سنوياً (3.99% شهرياً).
- الحد الأدنى للدخل: 5,000 درهم شهرياً.
- ملاحظات حول الرسوم: رسوم التأخير 241.50 درهماً. رسوم المعاملات الأجنبية تصل إلى 2.61% + ضريبة القيمة المضافة + رسوم الشبكة.
Is the FAB Cashback Credit Card a good card?
It may suit people who spend mostly on groceries, dining, and fashion, where the 5% rate applies. Each of these categories is capped at AED 150 per month. Other purchases earn 1%, and some select categories earn 0.15%.
It also includes up to 8 airport lounge visits per year and a choice of lifestyle benefits, such as talabat or cinema discounts.
Pros and cons of the FAB Cashback Credit Card
Pros
- Category cashback: 5% on supermarket, fashion, and dining.
- Travel features: 3% back on non-AED spending and up to 8 lounge visits a year.
- Instant redemption: Rewards can be redeemed in the FAB Mobile app.
Cons
- Spending threshold: No rewards unless you spent AED 3,000 the month before.
- Cost of carrying a balance: 3.99% per month (47.88% APR) on unpaid balances.
How to apply for your FAB Cashback Credit Card
You can apply on the FAB website by filling in the online form with your personal and income details. The bank reviews each application and may ask for documents before deciding.
Disclaimer
This content is for informational purposes only and is not issued or endorsed by First Abu Dhabi Bank (FAB). All terms, rates, and fees are subject to change and regulatory approval. Please refer to the bank’s official website and Key Facts Statement for the most accurate and updated information.
هذا المحتوى لأغراض إعلامية فقط، ولم يتم إصداره أو اعتماده من قبل بنك أبوظبي الأول (FAB). تخضع جميع الشروط والأسعار والرسوم للتغيير والموافقة التنظيمية. يرجى الرجوع إلى الموقع الرسمي للبنك وبيان المعلومات الأساسية للحصول على أدق المعلومات وأحدثها.