FAB Elite Credit Card
A year of beach clubs, gyms and valet — on one card
at FAB's secure site
40,000 minimum salary. Terms apply. See rates & fees.
Rewards rate
Price the perks and the Elite looks like a bargain: a beach-club-and-gym membership, five valets a month, 14 lounge visits and half-million-dollar travel insurance for 1,260. But every one of those headline perks quietly assumes 10,000 of card spend a month — miss it and the gym bills you 300, the valet 100 a time. This is a great card for people who won't notice the threshold, and a trap for everyone else.
Earning and redeeming FAB Rewards
The Elite earns 5 FAB Rewards per 1 on ordinary spend anywhere — worth roughly 1.5% back — with boosted rates of 10x at eco-friendly merchants and 20x at 15 named luxury brands including Hermès, Cartier, Louis Vuitton and Dior. The luxury bonus caps at 200,000 Rewards a month and total earning at 500,000. As with all FAB cards, supermarkets, fuel, telecom, education, government and utilities earn just 0.5x.
FAB Rewards are worth roughly 3 per 1,000. Redeem as cashback, spend them in-store at FAB POS terminals, buy vouchers via the FAB Rewards Shop, book travel through cleartrip.ae and musafir.com, pay utility bills, or convert to Skywards Miles, Etihad Guest Miles or Shukrans. Rewards expire two years after they're earned.
Rates and fees
- Annual fee
- 1,260 including VAT; supplementary cards free
- Interest rate
- 3.99% per month on purchases and cash advances (47.88% APR)
- Minimum salary
- 40,000 per month
- Foreign transaction fee
- Up to 2.61% plus VAT and scheme charges on non- spend
- Cash advance fee
- Up to 3.15% plus VAT, minimum 157.50
- Late payment fee
- 241.50
- Overlimit fee
- 303.18
- Perk spend threshold
- 10,000/month keeps ADV+ gym access, valet and Roxy BOGO free — below it, gym bills 300/month and valet 100/use
- Card network
- Mastercard World Elite
Rates verified against FAB's credit-card Schedule of Fees and the FAB Elite benefits T&C (August 2026); most figures include 5% VAT. Always confirm on bankfab.com before applying.
Card benefits
ADV+ lifestyle membership
Free access to 65+ premium beach clubs, gyms, padel courts and studios — 115+ facilities across the UAE for a year.
5 valet parkings a month
Standard valet at Dubai Mall, Mall of the Emirates, DXB T1–T3, Yas Mall and more premium locations.
14 lounge visits a year
Access to 1,300+ lounges worldwide via Mastercard Travel Pass; guests share the same allowance.
Airport extras
4 free Careem airport rides (up to USD 23 each) and 3 security fast-track passes a year across 69 airports.
USD 500k travel insurance
Accident, medical and evacuation cover up to USD 500,000 each, plus baggage and trip-cancellation protection for the family.
24/7 World Elite concierge
Global travel and lifestyle concierge with a WhatsApp channel for bookings, events and hard-to-find items.
Pros and cons
- 5x base earn (~1.5% back) on all spend is strong, rising to 20x at 15 luxury brands
- The ADV+ beach club/gym/padel membership alone can outvalue the 1,260 fee
- Full World Elite travel kit: 14 lounge visits, 3 fast-track passes, 4 Careem airport rides
- USD 500,000 travel accident and medical insurance covering family and helper
- 5 valet parkings a month plus Roxy BOGO cinema and Thriwe golf
- Nearly every lifestyle perk is gated on 10,000 monthly spend — gym access billed at 300/month and valet at 100/use below it
- 40,000 minimum salary shuts out most applicants
- The 'guaranteed' gold gift actually requires 500,000 annual retail spend
- 3.99% monthly interest and ~2.61%+VAT foreign-transaction fee on a premium card
- Lounge guests share the 14-visit allowance, and access needs an international purchase every 3 months
Is it right for you?
Get this card if
- You earn 40,000+ and routinely put 10,000+ a month on your card.
- You'd actually use beach clubs, gyms, padel and valet — the ADV+ membership is the fee-beater.
- You shop at luxury or eco brands where 20x/10x earn turns into real value.
Consider skipping it if
- Your monthly card spend hovers near 10,000 — the perks flip to paid the months you fall short.
- You want a pure travel card — miles cards give better redemption value for the same fee.
- You spend heavily abroad — ~2.61%+VAT FX undercuts the 5x earn on foreign purchases.
Alternatives to consider
FAB's Travel card charges a true 0% international transaction fee — a better companion for foreign spend than the Elite's ~2.61%+VAT markup.
Best travel cards →
For a similar premium fee, Skywards Infinite converts spend into Emirates miles with elite-tier perks — stronger redemption value for frequent flyers.
Best Emirates Skywards cards →
Marriott's World Elite card turns the same premium budget into hotel points, elite status and an annual free night.
Marriott Bonvoy card review →Not sure which way to go? Put them side by side in our card comparison tool or browse the full ranked list.
Frequently asked questions
What is the FAB Elite Credit Card's annual fee?+
AED 1,260 including VAT (the bank advertises AED 1,200 before VAT). Supplementary cards are free.
What salary do I need to qualify?+
A minimum monthly salary of AED 40,000.
What does the card earn?+
5 FAB Rewards per AED 1 on regular domestic and international spend, 10 on eco-friendly merchants, and 20 at 15 luxury brands such as Hermès, Cartier and Louis Vuitton. Low-interchange categories (supermarkets, fuel, telecom, education, government, utilities) earn 0.5. Monthly earning is capped at 500,000 FAB Rewards, with the luxury bonus capped at 200,000.
How does the beach club and gym access work?+
You get a complimentary ADV+ membership covering 65+ beach clubs, gyms, padel courts and fitness studios (115+ facilities) for a year. FAB texts you a unique registration code the month after activation. If your card spend falls below AED 10,000 in a month, access is charged at AED 300 for that month.
How much lounge access is included?+
14 complimentary visits a year to over 1,300 lounges worldwide via the Mastercard Travel Pass app. Guest visits count within the same allowance, and you must make an international purchase of at least USD 1 every 3 months to keep the benefit active.
Is the gold gift really guaranteed?+
Only after spend: the T&C awards the gold gift on cumulative retail spend of AED 500,000 in the first year and at each card anniversary. FAB sends a promo code by SMS to order it through the FAB Rewards Shop.
What travel insurance comes with the card?+
World Elite Mastercard cover: up to USD 500,000 each for personal accident, medical emergency expenses and evacuation, USD 100/day hospital cash, baggage loss up to USD 3,000, trip cancellation/curtailment up to USD 7,500 and USD 500 for delays or missed connections. Family, household helper and visiting parents/children are covered when trips are paid with the card.
How does the valet parking benefit work?+
Five standard valet services a month at premium locations including Dubai Mall, Mall of the Emirates, DXB Terminals 1–3, Yas Mall and Marina Mall. If monthly spend is below AED 10,000 or you exceed the quota, each use is charged at AED 100.
Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank or card issuer, and have not been reviewed, approved or otherwise endorsed by any of these entities.