Minimum Salary | Currencies | Features | |
---|---|---|---|
FAB - Salary Transfer Cashback Offer | Minimum Salary: AED 5,000 | Currencies: AED | Features: Cash Back |
Transfer your salary to a FAB account and get up to AED 5,000 cashback.
You can choose from a variety of accounts with great benefits to enjoy greater ease and safety in the UAE and internationally. You can earn 1,000 bonus Etihad Guest Miles with your first salary transfer and enjoy other benefits when you open a FAB Etihad Guest Elite Account or get special offers and discounts from the UAE’s premium retailers with no minimum balance charges and other benefits when you open a FAB One Account. You can also get a free Platinum Mastercard debit card and complimentary airport lounge access across the Middle East with a FAB Current Account, and there are many more such options.
Limited time offer
Get up to AED 5,000 cashback just for getting paid. Open a FAB account instantly through the FAB Mobile app and transfer your salary, or just start transferring your salary to your existing FAB account and receive up to AED 5,000 cashback. You need to have at least two salaries paid to your FAB account to qualify for the cashback.
If you are a UAE National, you can earn up to AED 5,000 in cashback, and if you are an expatriate, you can receive up to AED 2,500 in cashback. Your cashback will be credited as FAB Rewards, which you can use to shop at your favourite brands, pay utility bills, make Salik payments, redeem as cashback to your account and much more. Here is a table to explain how much cashback you can earn based on your salary.
UAE Nationals
Monthly Salary | Cashback | Minimum AED | Maximum AED |
AED 5,000 to AED 25,000 | 3% | 150 | 750 |
AED 25,000 to AED 50,000 | 4% | 1,000 | 2,000 |
> AED 50,000 | 10% | 5,000 | 5,000 |
Expatriates
Monthly Salary | Cashback | Minimum AED | Maximum AED |
AED 5,000 to AED 25,000 | 2.5% | 125 | 625 |
AED 25,000 to AED 50,000 | 3% | 750 | 1,500 |
> AED 50,000 | 5% | 2,500 | 2,500 |
** 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.