FABPremium card

FAB Elite Credit Card

The FAB Elite Credit Card is a Mastercard World Elite aimed at affluent UAE spenders, rewarding luxury and sustainable purchases at some of the highest FAB Rewards rates on offer.

Product details verified 24 Jul 2026

FAB Elite Credit Card
Minimum salaryAED 40,000
Annual feeAED 1,260
Interest-free daysUp to 55 days
RewardsFAB Rewards
Lounge accessAvailable
Card networkMastercard World Elite

FAB Elite Credit Card review

Luxury spend earns an exceptional 20 FAB Rewards per AED 1, eco-friendly merchants earn 10, all other spend earns up to 5 and selected categories earn 0.5. Qualifying luxury houses include Hermes, Cartier, Harrods, Van Cleef, Prada, Gucci, Dior and Hugo Boss. Luxury earnings are capped at 200,000 rewards a month, within an overall ceiling of 500,000 rewards monthly.

The lifestyle side is expansive: free access to 60+ beach clubs, gyms and sports clubs via ADV+, a 24/7 global concierge, travel medical insurance up to USD 500,000, buy-one-get-one movie tickets at Roxy Cinemas, and a guaranteed gold gift once annual spend passes AED 500,000. Cardholders and a guest also enjoy free global lounge access with a USD 1 spend.

To keep the lifestyle benefits you must spend at least AED 10,000 a month, otherwise a AED 100-300 monthly charge applies, and the card carries a AED 40,000 salary bar and a AED 1,200 annual fee. It is best matched to high earners whose spending genuinely reaches the luxury tiers.

Card details

BankFAB
Card typePremium
Card networkMastercard World Elite
Minimum salaryAED 40,000
Annual feeAED 1,260
Interest (monthly)3.99%
Reward typeFAB Rewards
Reward rate20 FAB Rewards per AED 1 on luxury spend; 10 FAB Rewards per AED 1 at eco-friendly merchants; up to 5 FAB Rewards per AED 1 on all other spend in the UAE and abroad; 0.5 FAB Rewards per AED 1 on selected categoriesLuxury brands include Hermes, Cartier, Harrods, Van Cleef, Prada, Gucci, Dior and Hugo Boss. A minimum AED 10,000 monthly spend is required to maintain lifestyle benefits, otherwise a AED 100-300 monthly charge applies. Selected categories earn 0.5 FAB Rewards per AED 1 Luxury spend is capped at 200,000 rewards/month and overall earnings at 500,000 rewards/month Redeem on retail, dining, cashback, miles and entertainment through the FAB Mobile app
Lounge accessFree global airport lounge access for the cardholder and a guest with a USD 1 spend
Quick cashQuick Cash available bank-wide
Balance transfer0% balance transfer plans available bank-wide
Instalment plan0% Easy Payment Plans at 300+ merchants for up to 12 months interest-free

FAB Elite Credit Card benefits

✓20x FAB Rewards on luxury spend
✓Free access to 60+ beach clubs, gyms and sports clubs via ADV+
✓24/7 global concierge
✓Guaranteed gold gift at AED 500,000+ annual spend
✓Travel medical insurance up to USD 500,000
✓Buy-one-get-one movie tickets at Roxy Cinemas

Offers and payment options

Quick cashQuick Cash available bank-wide
Balance transfer0% balance transfer plans available bank-wide
Instalment plan0% Easy Payment Plans at 300+ merchants for up to 12 months interest-free

FAB Elite Credit Card fees & charges

Annual percentage rate (APR)47.88% (purchases and cash advance)
Cash advance feeUp to 3.15% (plus VAT) or AED 157.50, whichever higher
Late payment fee241.50
Over-limit fee303.18
Foreign currency feeUp to 2.61% + VAT + scheme charges
Minimum payment5% of outstanding or AED 100, whichever higher
Interest-free periodUp to 55 days
Card replacement fee78.75 (reducing to 25 effective 20 Aug 2026)

From the bank’s Key Facts Statement / Schedule of Charges. Some figures include and some exclude 5% VAT, a bank’s marketing page can differ from its Key Facts Statement, and fees change - always confirm with the bank before you apply.

Who should get this card?

It suits high earners with substantial luxury and lifestyle spending who can meet the monthly spend to keep the perks.

What works well

  • ✓Very high rewards on luxury spend
  • ✓Rich premium lifestyle and travel benefits
  • ✓Strong lounge access with a guest

What to weigh up

  • −High AED 40,000 salary requirement
  • −AED 10,000 monthly spend needed to keep benefits
  • −High annual fee of AED 1,200

FAB Elite Credit Card eligibility

Min salary AED 40,000; UAE resident

Emirates IDPassport/visaSalary certificate or bank statements

FAB Elite Credit Card FAQs

Min salary AED 40,000; UAE resident

The listed annual fee is AED 1,260. Ask the bank whether a spend-based waiver is currently available.

20 FAB Rewards per AED 1 on luxury spend; 10 FAB Rewards per AED 1 at eco-friendly merchants; up to 5 FAB Rewards per AED 1 on all other spend in the UAE and abroad; 0.5 FAB Rewards per AED 1 on selected categories

It suits high earners with substantial luxury and lifestyle spending who can meet the monthly spend to keep the perks.

Product details are indicative and compiled from each bank’s official pages and Key Facts Statements; figures can differ between a bank’s marketing page and its Key Facts Statement, and fees, rates and VAT treatment change. We are not affiliated with, or authorised by, any bank - always confirm current fees, eligibility, rewards and terms directly with the issuing bank before applying. This page does not constitute financial advice.

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