| Minimum Salary | Salary Transfer | Islamic Finance | Cashback | Annual Fee | Rate | |
|---|---|---|---|---|---|---|
FAB Cashback Credit Card
|
Minimum Salary: AED 5,000 | Salary Transfer: No | Islamic Finance: No | Cashback: Yes | Annual Fee: AED 300 | Rate: 3.99% |
Applications are restricted to salaried individuals only earning at least AED 5,000 per month, with all other profiles being automatically rejected.
- 5% cashback on groceries.
- 5% cashback on dining out.
- 5% cashback on fashion spending.
- 3% cashback on spending abroad.
- Up to 1% cashback on all other spends
More Benefits:
- 8 airport lounge visits a year and invite a guest 6 times a year.
- Airport Transfers: 1 per year with Careem.
- Travel Miles: FAB Rewards can be redeemed for travel.
- Travel insurance.
- 20% off on Dubai Holding attractions.
- 40% off Talabat on weekends.
- AED 40 off online Carrefour orders once per month (min. spend AED 250).
- 2 standard free movie tickets a month for AED 20 (based on a spend of 3k or over a month).
- 15% off Trip.com.
- Up to 40% off on flights and hotels via MyTrip.
- FAB mobile app with over 150 banking services at your fingertips.
Rates and Fees:
- Annual fee AED 300 (exc. VAT).
- Finance charge: 3.99% per month.
Eligibility and Requirements:
- A minimum salary of AED 5,000.
- Minimum age 21.
- Minimum age for supplementary cards 12.
- Resident of UAE/UAE National.
Documents Required:
- Copy of Emirates ID; Valid Passport & Residence Visa Copy.
- Address Proof.
- Bank Statements with Three Months Salary Credit.
Note: Benefits are subject to the bank's terms and conditions and may require minimum spends to activate certain lifestyle perks.
There is a minimum spend criteria of AED 3,000 in the previous month to be eligible to earn FAB Rewards.
Cashback will be processed in equivalent FAB Rewards, redeemable instantly on the FAB Mobile app.
** Calculator Definitions
Amount:
The total amount of money borrowed, also referred to as the principal amount.
Rate (%):
This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years:
This is the original term or length of the product, stated in years.
Effective Monthly Payment:
This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%):
The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
