FAB – Al Futtaim World Elite Credit Card
Minimum Salary
AED
Islamic Finance
No
Cashback
Yes
Annual Fee
AED 0
Salary Transfer
No
Rate
1.66%
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Al-Futtaim World Elite Credit Card

Exclusive Benefits:

  • 5% FAB Rewards Cashback: Earn 5% cashback on every AED 1 spent.
  • 0% Easy Payment Plan (EPP): Available at Al-Futtaim showrooms and stores.
  • Complimentary 0% Balance Transfer: For up to 12 months.
  • No Annual Fees.

Lifestyle Benefits:

  • Movie Tickets: Up to 8 tickets per month from AED 15 during weekdays and AED 20 during weekends at Reel Cinemas, Cine Royal, and Oscar Cinema.
  • Shop Smart: Up to 10% cashback at leading global online stores via the FAB Mobile app.
  • Exclusive Al-Futtaim Offers: Access special offers from Al-Futtaim showrooms and stores.
  • Priceless Arabia: Curated dining benefits and other exclusive offers.

Travel Benefits:

  • Airport Transfers: Eight transfers per year from AED 40 (within city) or AED 100 (inter-city).
  • Meet and Greet Service: Eight services per annum from AED 40 (individual) or AED 100 (family).
  • Airport Lounge Access: VIP access to over 1000+ lounges worldwide.
  • MasterCard Offers: Access to upgrades, savings, and discounts on selected airlines, plus complimentary room upgrades and more.

Rewards and Offers:

  • FAB Rewards: Earn up to 10 FAB Rewards per AED 1 spent at Al-Futtaim stores and 2 FAB Rewards elsewhere.
  • Reward Redemption: Use FAB Rewards for Etihad Guest Miles, Emirates Skywards Miles, e-vouchers, cashback, or at participating Al-Futtaim stores.

Protection Benefits:

  • Credit Shield: Pays off your credit card balance if you are unable to make payments.
  • Travel Accident Insurance: Coverage up to USD 500,000.
  • Travel Inconvenience Insurance: Compensation for issues like lost luggage or flight delays.
  • Lost and Stolen Card: Immediate card blocking and temporary replacement.
  • Rental Collision and Loss Damage Waiver: Coverage up to USD 50,000 for rental vehicles.
Calculator Terminology

Principal Amount: The initial amount of money borrowed.

Annual Interest Rate (%): The yearly interest rate applied to the loan or credit product, also known as APR in this context.

Loan Term (Years): The original duration of the loan or credit agreement, stated in years.

Effective Monthly Payment: The total monthly payment that accounts for all fees and associated costs related to the product.

Calculated Annual Percentage Rate (APR): The APR is computed using the annual interest rate along with fees and other expenses. It serves as a standardized measure for comparing the overall cost of different products with varying interest rates and fee structures across different financial institutions.

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