FAB Cashback Credit Card
- Airport Lounge
- Shopping Benefits
- Fuel benefits
- Movie Discounts
4.6/5
24,259
Reviews
Best credit cards with 0 Annual fee*
- Cashback up to AED 2,000
- Rewards + Welcome Offers
- No Annual Fee
- Travel benefits
- Dining Discounts
- Entertainment Benefits
If you want a credit card that gives you more on your spending, go for the FAB Cashback World Card. As the name suggests, this FAB credit card comes with innumerable cashbacks on everyday spending. With this card, you can make the most of your spends and enjoy cashback.
Let’s find out more about the FAB Cashback Card benefits, features, eligibility, and more.
FAB Cashback World Credit Card — An Overview
The FAB Cashback Credit Card is designed for excellent cashback on all spends. This credit card is for UAE residents who have a monthly salary of AED 5,000 or more. This card has an annual fee of AED 300 and brings exclusive benefits to you.
If you apply for a new FAB Cashback Card, you can get a cashback bonus of up to AED 800 within the first 60 days (if you spends cross AED 5,000). The card offers 5% cashback on shopping, 3% on school fees and dining, and 1% on non-AED or international spending.
That’s not all! Having this card means you have unlimited access to airport lounges and more.
Features and Benefits of the FAB Cashback Card
The FAB Cashback Credit Card comes with an array of benefits, mainly in 3 areas — Lifestyle, Travel, and Protection.
Check out the table below for all the FAB Cashback Card benefits —
| Lifestyle Benefits | Travel Benefits | Protection Benefits |
|---|---|---|
|
|
|
Note: To apply for the Wallet Shield service, send an SMS with the text ‘WS’ to 2121.
Cashback Offers on the FAB Cashback Credit Card
Let’s zoom in on the cashback part and check out the top offers of the FAB Cashback Card —
| Transaction Type | Spending Type | Percentage of Cashback | FAB Rewards |
|---|---|---|---|
| General/Daily Spending | Grocery shopping (Online and Offline) | 5% | 17 FAB Rewards on each AED 1 spent |
| Fashion shopping | 5% | 17 FAB Rewards on each spend of AED 1 | |
| Dinings and dinners | 5% | 17 FAB Rewards on each AED 1 spent | |
| Other spends | 1% | 3.5 FAB Rewards per AED 1 spent | |
| Across select categories | 0.15% | 0.5 FAB Rewards on spending AED 1 | |
| For Non-AED Spending | All Non-AED Expenditures | 3% | 10 FAB Rewards on each AED 1 spent |
Here are the maximum amount limits for each category of cashback with the FAB Cashback World Card —
| Transaction Type | Spending Type | Percentage of Cashback | Max Cashback (AED) Per Month |
|---|---|---|---|
| General/Daily Spending | Supermarket | 5% | AED 200 |
| Fashion shopping | 5% | AED 200 | |
| Dinings | 5% | AED 200 | |
| Other expenses | 1% | N/A | |
| Across select categories | 0.15% | N/A | |
| For Non-AED Spending | Non-AED Expenditures | 3% | N/A |
Important: The total cashback you can get across all categories in a month is capped at AED 1,000.
How to Redeem the Cashback of FAB Cashback Credit Card?
The cashback of the card is calculated every month. It is processed in the form of FAB rewards.
The redemption process is quite straightforward. You can use the official FAB mobile application to redeem your cashback or points for transactions.
For any queries regarding the same, you can connect with the bank by dialling 600 52 5500.
Eligibility and Documentation for FAB Cashback Credit Card
To get a FAB Cashback Credit Card, you must fulfil the following criteria —
| Criteria | Requirement |
|---|---|
| Minimum Monthly Salary | AED 5,000 |
| Minimum Age | 21 Years |
While applying for a FAB Cash Back Card, you only need Emirates ID if applying through the mobile app. Through other platforms, however, other documents might be required such as —
- Residence visa (if you are an expat)
- Proof of address
- Salary certificate
- Last 3 months’ bank statements
How to Apply for a FAB Cashback World Credit Card?
You can easily apply for the FAB Cashback Credit Card through the platform of Policybazaar.ae.
Simply click on ‘apply now’ below to start. You can then submit the form to get to the credit card quotes page, where you can explore the top options and apply for one.
When you apply for a credit card from Policybazaar.ae, you can enjoy the following benefits —
- 80+ credit cards to choose from
- Best credit cards from multiple banks in one place
- Prompt customer care for any issues or concerns
- Access to all the key details in an instant
Fees and Charges for FAB Cashback Credit Card
While applying for the FAB Cashback Credit Card, you should be aware of the major fees and charges —
| Types of Fees/Charges | Amount |
|---|---|
| Principal Annual Fee | AED 300 |
| Supplementary Annual Fee | NIL |
| Retail Charges | 3.85% |
| Cash Finance Charges | 3.99% |
| Cash Advance Charges | Up to 3.99% |
| Late Payment | AED 241.5 per month |
| International Transaction Fee | 2.49% of the transaction value + mandatory scheme charges |
| Credit Shield Plus Fee | 1.04% of the outstanding balance |
| Wallet Shield Fee | 0.42% of the outstanding amount |
| Accident Insurance | Higher of 0.26% of the outstanding amount and AED 31.4 |
| Outstation Cheque Processing Fee | AED 52.5 |
| Overlimit Fee | AED 288.75 |
| Plan Deferment Charges | AED 263 |
| Cheque Returned Fee | AED 220.5 |
| Minimum Monthly Payment | 3% of the outstanding or AED 100, whichever is higher |
| Statement Reprint Charges | AED 26.25 per statement |
| Outstation Cheque Processing Charge | AED 52.5 |
| Transaction Dispute Charges | AED 100 |
*Note: The fees and charges of the FAB Cashback Credit Card are subject to change as per the bank policy. It is recommended to check the latest year's fees and charges before applying for a credit card.
FAQs on FAB Cashback Card
Ans: It’s a FAB credit card with exclusive cashback on every spending, including shopping, school fees, travel and more.
Ans: FAB Cash Back Credit Card applicants have a salary of at least AED 5,000 per month.
Ans: Yes, a cash withdrawal feature is present on this card. You can withdraw cash up to the fixed limit assigned to you, although certain charges may apply.
Ans: Use the official FAB mobile app to easily redeem your cashback or Reward points.
Ans: The late payment charge is AED 241.5 for each month.
More From Credit Cards
- Recent Articles
- Popular Articles
13 Nov 2024How Do Credit Cards Work?Credit cards can help build credit while making purchases more convenient. Learn how credit cards work and best practices for using them by Policybazaar.
12 Nov 2024Kredit Card vs Credit Card - Key Differences ExplainedLearn the key differences between "Kredit" and "Credit" cards, and find out which one suits your needs best. Read more for insights!
12 Nov 2024Emirates Airlines Credit Card - Apply Online Emirates Airlines Card in UAEEmirates Airlines Credit Card - Compare & Apply for Emirates Airlines Credit Card online in UAE, Dubai. Check eligibility, features & benefits, charges, offers, & more.
25 Sep 2024Types of Credit Cards: Compare and Choose the BestDiscover the different types of credit cards, compare benefits, and choose the best one for your needs with this comprehensive guide.
25 Sep 2024How to Check FAB Credit Card Balance Online in UAE - December 2024FAB Credit Card Balance Check - Check Your FAB Bank Balance with these easy methods 1- Mobile Banking, 2- FAB Mobile App & 3- Via Offline.
19 Sep 2024Minimum Salary Credit Card UAE December 2024Discover the best credit cards in UAE for minimum salary requirements. Find the perfect card for you today.
