What Are the Annual Fees for FAB Credit Cards?

Are you considering getting a FAB credit card but worried about hidden costs? Understanding annual fees and benefits can help you choose the right card for your lifestyle.

Let’s explore FAB credit cards, their fees, and how you can maximize value.

What Are the Annual Fees for FAB Credit Cards?(Quick Answer)

FAB credit cards offer varying annual fees based on the card type: some premium cards charge AED 1200 or more annually, while basic cards have no annual fee. Certain cards may waive the fee for the first year or based on minimum spending requirements. Always check the specific card’s terms for accurate fees.

Overview of FAB Credit Cards

First Abu Dhabi Bank (FAB) offers a variety of credit cards to meet different needs—whether you seek rewards, cashback, or travel perks. While annual fees differ, each card delivers specific benefits that cater to UAE residents and expatriates.

What Are Annual Fees and Why Do They Matter?

Annual fees are charges applied yearly for holding a credit card. These fees can vary depending on the card’s features, such as:

• Cashback rewards
• Travel privileges (like airport lounge access)
• Luxury discounts
• Shopping benefits

Understanding these fees ensures you choose a card that offers maximum perks while aligning with your spending habits.

FAB Credit Cards and Their Annual Fees

1. FAB Rewards Classic Credit Card

• Annual Fee: AED 315
• Key Features:
  • Earn 1 FAB Rewards point for every AED 1 spent
  • Discounts at dining outlets
  • Free supplementary cards

2. FAB Cashback Credit Card

• Annual Fee: AED 315
• Key Features:
  • 5% cashback on dining
  • 3% cashback on grocery spending
  • 1% cashback on utility bills

3. FAB Platinum Credit Card

• Annual Fee: AED 525
• Key Features:
  • 2 FAB Rewards points for every AED 1 spent
  • Complimentary access to select airport lounges worldwide
  • Travel insurance coverage

4. FAB Elite Infinite Credit Card

• Annual Fee: AED 1,200
• Key Features:
  • Unlimited airport lounge access
  • Free valet parking services in the UAE
  • Up to 2.5% cashback on international spending

5. FAB Signature Travel Credit Card

• Annual Fee: AED 1,050
• Key Features:
  • Travel insurance worth up to AED 1 million
  • Free airport transfers
  • Hotel discounts and travel upgrades

How to Waive or Reduce Annual Fees?

Annual fees can be heavy on your wallet, but there are ways to minimize or waive them:

1. Meet Minimum Spend Requirements
   Some FAB cards waive fees if you reach a certain spending limit within a year.
2. Promotional Offers
   FAB periodically offers zero annual fees for the first year on select cards.
3. Negotiate with FAB
   If you are a loyal customer or high spender, you can request FAB to reduce or waive the fee.
4. Opt for Basic Cards
   Lower-tier credit cards have minimal annual fees and still offer valuable perks like cashback or rewards.

FAB Credit Card Annual Fees and Benefits: Comparison Table

Credit Card	Annual Fee	Benefits	Ideal For
Rewards Classic Credit Card	AED 315	Dining discounts, basic rewards	Everyday spending
Cashback Credit Card	AED 315	High cashback on dining, groceries	Savers and shoppers
Platinum Credit Card	AED 525	Travel insurance, lounge access	Frequent travelers
Elite Infinite Credit Card	AED 1,200	Valet parking, luxury perks	High spenders
Signature Travel Credit Card	AED 1,050	Travel upgrades, insurance	Luxury travelers

Benefits of Paying Annual Fees for FAB Cards

While annual fees might seem like an added expense, the benefits often outweigh the costs:

1. Travel Perks: Save on airport lounges, valet parking, and travel insurance.
2. Cashback Rewards: Earn back a percentage of your spending, reducing overall costs.
3. Exclusive Discounts: Avail luxury shopping, dining, and entertainment offers.
4. Financial Flexibility: Credit cards offer interest-free repayment periods and flexible installment plans.

Are FAB Credit Cards Worth It?

FAB credit cards offer competitive features in return for annual fees. Consider the following before choosing a card:

• Spending Habits: Do you spend more on travel, groceries, or luxury? Pick a card that matches your lifestyle.
• Fee vs. Benefit: Compare the annual fee against potential savings from cashback, travel, or discounts.
• Credit Limits: Choose a card that aligns with your financial capacity to avoid overspending.

Frequently Asked Questions

Q. What is the annual fee for FAB Cashback Credit Card?

The annual fee for the FAB Cashback Credit Card is AED 315, offering up to 5% cashback on dining and essential spending.

Q. Can I waive FAB credit card annual fees?

Yes, FAB may waive fees if you meet spending thresholds or through promotional offers.

Q. What are the annual fees for FAB Elite Infinite Credit Card?

The FAB Elite Infinite Credit Card has an annual fee of AED 1,500 and includes premium benefits like unlimited lounge access.

Q. Which FAB credit card is best for frequent travelers?

The FAB Signature Travel Credit Card or Elite Infinite Credit Card is ideal for travelers, offering perks like travel insurance and airport transfers.

Q. How can I reduce my annual fees?

You can negotiate with FAB, meet minimum spend requirements, or take advantage of promotional offers to reduce annual fees.

Final Thoughts

FAB credit cards come with annual fees that vary based on the card’s features and perks. Whether you’re looking for travel upgrades, cashback rewards, or dining discounts, there’s a FAB card tailored for you. Evaluate your spending habits and compare benefits to ensure you get maximum value from the card.

For personalized advice and current promotions, contact FAB customer service or visit a branch to explore the right credit card for your needs.