The FAB SHARE Signature Credit Card is designed for users who want premium cashback and lifestyle benefits. It fits well with high earners who shop regularly within the SHARE rewards network.
This article explains the card’s main features, fees, eligibility, and how to apply online. Use this guide to determine if this premium card is right for you.
Key Requirements and Conditions
Before you apply, you must meet FAB’s specific eligibility criteria. These rules help ensure only qualified applicants enjoy the premium benefits offered.
Eligibility Criteria
To qualify for this card, you must meet specific income and membership conditions.
- Minimum monthly salary must be AED 30,000.
- You must be a SHARE rewards member to qualify.
- Valid Emirates ID and UAE residency are required.
- A working UAE mobile number is necessary for digital verification.
Required Documents
You need to submit the following documents when applying.
- A copy of your Emirates ID and a recent salary certificate.
- Bank statements covering the last three months.
- A SHARE ID or proof of registration in the program.
- Additional verification may be requested by the bank.
How to Apply for the Card Online?
FAB offers a seamless online process to apply for the card. This eliminates paperwork and speeds up approval.
Application Process
Follow these steps to complete your application online.
- Go to the official FAB website.
- Choose the FAB SHARE Signature Credit Card from the cards section.
- Fill in personal details and upload the required documents.
- Input your SHARE ID to activate rewards eligibility.
- Submit the form and wait for verification and approval.
After Submission
Here’s what happens after you submit your application.
FAB usually responds within 1–2 business days. If approved, the card is delivered to your address. A confirmation email and tracking details will be sent.
Premium Rewards and Cashback Offers
This card comes with competitive cashback percentages and instant redemption benefits. Cashback is optimized when used at partner stores.
Joining and Cashback Benefits
You can enjoy generous cashback and bonus points from the start.
- Earn 15,000 SHARE points as a welcome bonus after first spend.
- Receive up to 7% cashback at Carrefour stores.
- Get 2.5% cashback on all other eligible purchases.
- Cashback is converted into SHARE points automatically.
- Use points for instant savings at participating retailers.
Lifestyle and Mall Perks
You get access to lifestyle perks across the SHARE partner network. This card integrates directly into the SHARE ecosystem.
You can redeem points at popular locations like VOX Cinemas, Magic Planet, and Majid Al Futtaim malls.
Seasonal vouchers and curated deals are frequently available. Using the SHARE app gives you access to fast rewards tracking.
Fees, Charges, and Interest Rates
Understanding the card’s fees ensures you avoid surprises later. You should always aim to pay in full to prevent interest.
Annual Fee and Service Costs
These are the main costs associated with this card.
- Annual fee is AED 1,500.
- Supplementary card fees may apply.
- Late payment incurs AED 241.50.
- Exceeding your credit limit triggers AED 288.75 in charges.
- Foreign currency conversion costs 2.49% per transaction.
Interest Charges
Know the interest rates to manage your spending wisely.
- Retail interest rate is 3.5% per month.
- Cash advance rate is 3.5%, with an additional flat fee.
- Interest applies only when you carry a balance.
- No interest if paid in full within grace period.
How SHARE Points Work With This Card?
The FAB SHARE Signature Credit Card is embedded with the SHARE loyalty system. Every transaction can help you earn and redeem rewards.
Where to Earn and Redeem SHARE Points?
SHARE points are earned and redeemed across a variety of Majid Al Futtaim brands. You can accumulate rewards for purchases and spend them easily using the SHARE mobile app.
There are no strict minimums for redemption in most categories. This makes everyday shopping more rewarding and flexible for active cardholders.
Real-Time Tracking and Use
Track and use points seamlessly through the SHARE platform. You can track your balance in real time via the SHARE app.
Rewards can be used instantly at checkout. The app allows you to convert points to vouchers within seconds. It’s a fully digital experience that links directly to your card activity.
Travel and Global Use
This card can be used internationally with ease. Travelers benefit from worldwide acceptance and point accumulation.
Overseas Use Benefits
Here’s how the card supports international spending.
- Use the card at millions of Visa-enabled merchants abroad.
- Continue earning 2.5% cashback on eligible international purchases.
- Get travel insurance coverage for flight delays and baggage loss.
- Enjoy secure, contactless payments while traveling.
Additional Protections and Insurance
The FAB SHARE Signature Credit Card includes several forms of protection. These benefits are ideal for safety-focused cardholders.
Security and Protection Features
Here are the extra protections bundled with the card.
- Purchase protection against theft or accidental damage.
- Extended warranty for eligible retail items.
- Access to emergency card replacement when abroad.
- Fraud monitoring and real-time alerts for suspicious activity.
Pros and Cons of the Card
To choose wisely, compare the benefits and limitations. This section helps you make an informed decision.
Key Advantages
The card offers multiple strong benefits.
- High cashback rates at Carrefour and other partners.
- Valuable welcome bonus upon first use.
- Instant rewards redemption via SHARE.
- Access to mall perks and exclusive vouchers.
Main Drawbacks
There are a few considerations to keep in mind.
- High annual fee of AED 1,500.
- Requires a high monthly income to qualify.
- Cashback is mostly limited to Majid Al Futtaim brands.
- Interest rates are high if you carry a balance.
How to Maximize This Card’s Benefits?
Using the card smartly can boost your rewards value. Strategic use leads to better financial results.
Tips for Best Use
Use these strategies to increase rewards.
- Shop frequently at Carrefour and MAF locations.
- Always check the SHARE app for seasonal offers.
- Pay your full balance monthly to avoid interest.
- Redeem SHARE points regularly so they don’t expire.
Who the FAB SHARE Signature Credit Card Is For
This card won’t suit everyone, especially casual users. It’s built for frequent spenders with high income.
Ideal Candidates
These types of users benefit most from the card.
- Users earning AED 30,000+ monthly.
- Shoppers who visit Carrefour or MAF malls weekly.
- Individuals who enjoy digital reward systems.
- Users who can redeem cashback regularly.
Who Should Avoid It?
Others may not find it as valuable.
- Users who don’t qualify for the salary requirement.
- Customers who shop mostly outside the SHARE network.
- Cardholders are prone to carrying monthly balances.
- Applicants looking for lower-cost credit card options.
Comparing With Other FAB Cards
The FAB SHARE Signature Credit Card targets mall shoppers who prioritize cashback. FAB SHARE Platinum is more affordable but offers fewer rewards.
FAB Elite Infinite provides luxury perks, but it requires a higher income. Each card serves a different lifestyle and spending behavior.
Contact Details for Inquiries
If you have questions, contact FAB for assistance. You may also check your application status.
- Bank: First Abu Dhabi Bank PJSC
- Mailing Address: P.O. Box 6316, Abu Dhabi, UAE
- Phone (UAE): 600 52 5500
- Phone (International): +971 2 681 1511
- Email: [email protected]
Disclaimer
This article is for educational purposes only. Information such as cashback rates or fees may change over time. Please check the official FAB website for the latest updates.
Final Thoughts: Is This Premium Card Worth It?
The FAB SHARE Signature Credit Card is powerful for users who meet the income threshold. It offers excellent cashback at Carrefour and fast rewards at many malls.
The rewards system works best when used actively. Apply if the benefits match your lifestyle and financial habits.
