FAB Rewards: discounts and how to get them

FAB Rewards in the UAE: 6 offers at 6 places — flights & travel (2), parks & leisure (1), fitness (1), education (1). How to get it, pros and cons.

What it is: Bank

Cost: Free for FAB customers (depends on card/account)

How it works: Points on card spend (e.g. World Elite — 5 per AED 1 in the UAE), account balances (up to 8 per AED 1,000), loans. Spending in FAB Mobile: cashback in multiples of AED 50, vouchers, bills, Salik, exchange for Skywards/Etihad Guest, Shukran. Example: 66,800 points = AED 200 cashback (≈334 points = AED 1, ~AED 0.003/point); 268,480 points = 22,373 Etihad Guest miles.

Who can get it: FAB customers in Abu Dhabi, payroll customers

Pros

• Points on balances and loans, not just cards
• Flexible exchange for miles and Shukran
• ADNOC, du, Etihad co-brands

Cons

• Complex rates, low point value
• Cashback only in multiples of AED 50
• Earning limits by card

Official program website

Where it works

Flights & travel (2)

• Air ArabiaAll UAE
  FAB Rewards0% instalments over 3/6/12 mo
• Etihad GuestOnline
  FAB Rewards268,480 FAB Rewards = 22,373 Etihad miles

Parks & leisure (1)

• The Green PlanetDubai
  FAB Rewards20% off tickets with FAB cards

Fitness (1)

• Sweat and GoAll UAE
  FAB Rewards25% cashback on workouts

Education (1)

• School fee paymentsAll UAE
  FAB Rewards0% instalments, no fees

Shopping (1)

• Malabar Gold & DiamondsAll UAE
  FAB Rewards0% instalments 3/6 mo on jewellery