17/10/2024
14h55
FAB Cashback Credit Card

Who can apply for the FAB Cashback Credit Card?

The FAB Cashback Credit Card is available to UAE residents who meet the minimum salary requirement of AED 5,000 per month. This card is a great option for salaried individuals who want to take advantage of cashback rewards while enjoying a flexible credit limit.

Applicants must also have a valid Emirates ID and proof of income to qualify for this card. Foreign nationals can also apply if they meet these criteria.

Documents required:

✅ Emirates ID
✅ Passport copy (for expatriates)
✅ Salary certificate
✅ Bank statements (last 3 months)

A piece of advice for you:

When choosing a credit card, it’s important to evaluate not just the benefits but also the fees and charges. The FAB Cashback Credit Card offers a waived annual fee for the first year, but consider the charges after that period. Always make sure you’re aware of the interest rates and repayment terms to avoid unnecessary costs.

Maximizing cashback is easy if you align your spending with the card’s rewards categories. For example, use the card primarily for grocery shopping and fuel to earn the highest cashback percentage.

Finally, be sure to track your spending. With cashback credit cards, it’s easy to get carried away. Set monthly limits for yourself to ensure you’re always on track with repayments.

Fees of the FAB Cashback Credit Card:

The interest rate for this card starts at 3.25% per month, which is competitive within the UAE market. There’s no annual fee for the first year, but from the second year onward, the annual fee will be AED 300.

Late payment fees and cash advance charges also apply, so it’s crucial to manage your payments efficiently to avoid additional costs.

How to apply for the FAB Cashback Credit Card?

You can apply for the FAB Cashback Credit Card by visiting the official FAB website or contacting their customer service. Fill out the application form, submit the required documents, and await approval.