The FAB SHARE Signature Credit Card is designed to reward high-income individuals with premium lifestyle and retail benefits. You can enjoy exclusive offers through this card, including boosted points, concierge service, and purchase protection.
This guide walks you through all the features, eligibility, fees, interest rates, and how to apply. Everything is laid out clearly so you can make an informed decision.
Understanding the FAB SHARE Signature Credit Card
This card is a joint offering from First Abu Dhabi Bank (FAB) and the SHARE rewards program by Majid Al Futtaim. It’s tailored for people who want both financial flexibility and lifestyle advantages.
This credit card stands out due to its dual focus on everyday use and long-term rewards.
It offers perks tied to shopping, dining, travel, and secure transactions. SHARE membership is mandatory to unlock the complete range of benefits.
Rewards and Lifestyle Benefits for Cardholders
The FAB SHARE Signature card offers several useful perks that suit daily spenders and luxury seekers alike. Here’s what you gain by using it consistently.
Boosted SHARE Rewards Points
The card maximizes your earnings when spending at SHARE partner brands. You earn 3X SHARE points on eligible purchases made within the Majid Al Futtaim network.
Outside of these brands, you earn 1X points per AED spent. Redeemed points can be used instantly at partner stores.
Travel Perks and Concierge Services
With Visa Signature access, you enjoy free airport lounge access and 24/7 concierge support. The concierge can assist with bookings, reservations, and even global event access.
These benefits add extra convenience for frequent travelers. Additional hotel discounts and rental car deals also apply.
Purchase and Protection Features
Your purchases are protected for up to 180 days against damage or theft. You also get extended warranty protection beyond the manufacturer’s warranty.
This makes the card reliable for buying electronics, appliances, or personal items. Real-time card blocking through the FAB app adds security.
Eligibility and Required Documentation
Applying for this card requires meeting income and residency requirements. The process is simple if your documents are in order.
Basic Eligibility
You must be a UAE resident with a valid Emirates ID. The minimum monthly income required is AED 30,000.
A clean credit record and stable employment also increase approval chances. SHARE membership is mandatory to receive full benefits.
Documents to Prepare
You’ll need a valid Emirates ID and a passport with a residency visa. A salary certificate or a three-month bank statement is required as income proof.
Enter your SHARE ID during application or create a new one if needed. All documents should be current and clearly scanned.
Card Fees, Interest Rates, and Charges
This card offers excellent rewards, but it’s important to know the financial commitment. These are the current rates and fees tied to the FAB SHARE Signature card.
Annual Fee and Additional Costs
The annual fee is AED 1,500, billed at the start of each year. Some features may include costs for supplementary cards or overlimit usage.
Knowing these ahead of time prevents surprises on your statement. Always check the updated fee chart on FAB’s official site.
Monthly Interest and Late Fees
The monthly interest rate for purchases is approximately 3.5%, depending on your credit profile. Cash advances incur higher rates and processing charges.
If you miss a payment, expect a late fee of around AED 241.50. Overlimit charges are typically AED 288.75.
Minimum Payments and Terms
FAB usually requires a minimum of 5% of the outstanding balance. Payments should be made before the due date to avoid penalties.
You can set reminders or auto-debit via the FAB app. Consistent payments improve your credit health.
How Does The SHARE Rewards System Work?
SHARE is Majid Al Futtaim’s loyalty program, and the FAB Signature card is built to sync with it. Here’s how it works in practice.
Linking the Card with SHARE
You must input your SHARE ID during the application or generate a new one through the site. Without a valid SHARE ID, the card won’t grant you access to enhanced reward offers.
Once linked, all eligible spending earns bonus points. These points are updated in real-time through the SHARE app.
Where You Can Use SHARE Points
Points can be redeemed at all Majid Al Futtaim partners, including Carrefour, VOX Cinemas, Magic Planet, and various fashion brands.
You can also use points for dining or entertainment. Redemption is instant and doesn’t require vouchers or codes. The more you spend, the more you accumulate.
Step-By-Step Application Process
The application is fully online and can be completed in minutes. Make sure your documents are ready and clear. Here’s a quick breakdown of the steps to apply:
- Visit the official FAB Credit Cards page and choose the FAB SHARE Signature Credit Card.
- Enter your name, email, mobile number, and SHARE ID.
- Complete OTP-based authentication to confirm your identity.
- Fill in your salary, employer name, and upload the required documents.
- Review all details and submit the application form.
Customer Support and Assistance
FAB provides multiple ways to help during or after your application. You can reach out through the official channels.
For support, call 600 52 5500 within the UAE. You may also visit a FAB branch for in-person help.
Why Choose the FAB SHARE Signature Card Over Others?
This card is designed for people who want more from their daily spending. If you frequently shop at MAF brands or travel, the perks are well-aligned.
It combines reliable banking from FAB with high-end lifestyle benefits. The SHARE reward system is transparent and simple to use. It’s a premium option with practical rewards.
Final Thoughts: Is This the Right Card for You?
If you meet the income requirements and shop often with MAF partners, this card delivers strong value. You can use the FAB SHARE Signature credit card to get better rewards on daily spending.
The premium benefits, purchase protections, and digital tools make it useful beyond rewards. The application is quick, and approval is based on clear criteria.
Disclaimer: Terms, conditions, and rates can change without notice. Always confirm the latest details with FAB before applying or using the card.
