The FAB Cashback Credit Card stands out in the UAE market for its impressive range of cashback benefits and lifestyle perks, making it a solid choice for everyday expenses and frequent shoppers. Below is a detailed review of the FAB cashback credit card based on the latest info:
Cashback Benefits
- Supermarket Purchases: Earn 5% cashback on supermarket spending, including online shopping, up to AED 200 per month.
- School Fees and Dining: Earn 3% cashback on school fees and dining expenses, up to AED 200 each per month.
- Non-AED Transactions: 1% cashback on all non-AED transactions with no cap.
- Other Spending: 0.15% unlimited cashback on all other purchases.
These cashback rates are competitive, especially for groceries and essential expenses, making the card ideal for families and individuals with significant monthly spending in these categories.
Lifestyle Benefits
- Cinema Tickets: Cardholders can purchase up to two movie tickets per month at discounted rates—AED 15 on weekdays and AED 20 on weekends.
- Talabat Discounts: Get up to 20% off grocery and food orders twice a month on the Talabat app using the promo code “MASTERCARD.”
- Travel Perks: Includes unlimited access to over 10 airport lounges across the UAE, KSA, Jordan, Kuwait, and Egypt. Also, you will get up to 10% cashback on hotel bookings on Booking.com, 15% off at IHG Hotels, and 20% off on car hire with Avis.
Protection and Security
- Credit Shield: Protects against inability to meet credit card payments by paying off the outstanding balance.
- Wallet Shield: Covers fraudulent transactions on lost or stolen credit cards, stolen cash, and stolen identification papers or keys.
Additional Offers
- Welcome Bonus: New cardholders can earn up to AED 1,000 cashback by spending AED 10,000 within the first 60 days of card issuance.
Annual Fee and Eligibility
The annual fee for the FAB Cashback Credit Card is AED 315, which is relatively affordable compared to other high cashback cards in the market. The minimum salary requirement to be eligible for this card is AED 5,000 per month, making it accessible to a wide range of applicants.
Point-by-Point Comparison of FAB Cashback Credit Card with Rival Cards
Supermarket Cashback
- FAB Cashback Credit Card: Gives 5% cashback, up to AED 200 per month
- ADIB Cashback Visa Card: You get 4% (included in AED 1000/month combined cap for groceries, utilities, dining, telecom)
- Emirates Islamic Cashback Plus Card: You get Up to 10% if you spend over AED 17,500 per month (AED 500/month combined cap for supermarkets, dining, education, telecom)
- Citibank Citi Cashback Credit Card: You get 2% (no specific cap mentioned)
- RAKBANK Titanium Credit Card: You get 5% (no specific cap mentioned)
School Fees and Dining Cashback
- FAB Cashback Credit Card: 3% (up to AED 200/month for each category)
- ADIB Cashback Visa Card: 4% on dining (included in AED 1000/month combined cap)
- Emirates Islamic Cashback Plus Card: Up to 10% on dining and education when you spend over 17,500 (AED 500/month combined cap)
- Citibank Citi Cashback Credit Card: 1% on dining (no specific rate for school fees)
- RAKBANK Titanium Credit Card: 5% on dining (no specific cap mentioned)
Non-AED Transactions Cashback
- FAB Cashback Credit Card: 1% (no cap)
- ADIB Cashback Visa Card: 3% (no specific cap mentioned)
- Citibank Citi Cashback Credit Card: 3% (no specific cap mentioned)
- RAKBANK Titanium Credit Card: 2% (no specific cap mentioned)
Other Spending Cashback
- FAB Cashback Credit Card: 0.15% (no cap)
- ADIB Cashback Visa Card: 4% (no specific cap mentioned)
- Emirates Islamic Cashback Plus Card: Get 2% back. No specific cap mentioned.
- Citibank Citi Cashback Credit Card: 1% (no specific cap mentioned)
- RAKBANK Titanium Credit Card: 0.25% (no specific cap mentioned)
Annual Fee
- FAB Cashback Credit Card: AED 315
- ADIB Cashback Visa Card: AED 99
- Emirates Islamic Cashback Plus Card: AED 314
- Citibank Citi Cashback Credit Card: No annual Fee. Year 2 onwards no annual fee if you spend over AED 9000 per year.
- RAKBANK Titanium Credit Card: No Annual Fee
Additional Benefits
- FAB Cashback Credit Card: Discounted cinema tickets, Talabat discounts, travel perks (lounge access, hotel discounts), protection features (Credit Shield, Wallet Shield)
- ADIB Cashback Visa Card: Free Roadside Assistance
- Emirates Islamic Cashback Plus Card: Free movie tickets, buy 1 get 1 free, RTA top-up benefits
- Citibank Citi Cashback Credit Card: Airport lounge access, travel insurance perks
- RAKBANK Titanium Credit Card: Free airport lounge access, travel insurance benefits
Minimum Salary Requirement for Eligibility
- FAB Cashback Credit Card: AED 5,000/month
- ADIB Cashback Visa Card: AED 8,000/month
- Emirates Islamic Cashback Plus Card: AED 8,000/month
- Citibank Citi Cashback Credit Card: AED 8,000/month
- RAKBANK Titanium Credit Card: AED 8,000/month
How did the FAB Cashback Card Compare?
The FAB Cashback Credit Card excels in providing high cashback rates for supermarket purchases (5%) and dining and school fees (3%), with a relatively low annual fee of AED 315 and a minimum salary requirement of AED 5,000 per month. This makes it particularly attractive for families and individuals who frequently spend in these categories. Additionally, the FAB card offers valuable lifestyle benefits like discounted cinema tickets, Talabat discounts, and travel perks including airport lounge access and hotel discounts, along with protection features such as Credit Shield and Wallet Shield.
However, compared to rivals like the ADIB Cashback Visa Platinum Card and Emirates Islamic Cashback Plus Card, the FAB card’s cashback cap for supermarket spending (AED 200 per month) and combined cap for school fees and dining may be less appealing for heavy spenders. Both ADIB and Emirates Islamic cards offer higher combined cashback caps (AED 500 per month) and broader categories with significant cashback rates, such as 10% on dining for ADIB for high spenders. Additionally, the FAB card’s cashback on other spending (0.15%) is lower compared to some competitors, such as Emirates Islamic’s 2% on other expenses.
Overall, the FAB Cashback Credit Card is a strong contender for everyday spending, especially in supermarkets and dining, but may fall short for those seeking higher caps and broader cashback categories offered by some of its rivals.
Conclusion
The FAB Cashback Credit Card is particularly well-suited for those who frequently spend on groceries, dining, and school fees, offering high cashback rates but also has a host of lifestyle and travel benefits. While it provides robust rewards for everyday spending, it also includes valuable insurance features, making it a comprehensive option for those looking to maximize their cashback earnings and enjoy additional perks.