Top 10 FAB Prepaid Cards: Eligibility, Features, and Benefits
The First Abu Dhabi Bank (FAB) offers a wide range of prepaid cards tailored to both individuals and companies. These cards operate like debit cards but do not require a bank account, making them ideal for salary payments, government transactions, and everyday spending.
In this guide, we’ll explore the 10 best FAB prepaid cards of 2024, detailing their eligibility criteria, required documents, and benefits to help you choose the one that suits your needs.
Who Can Get an FAB Prepaid Card?
Both individuals and companies in the UAE can apply for an FAB prepaid card:
| Cardholder | Eligibility |
| Individuals | UAE Nationals or expat residents living in the UAE. |
| Companies | UAE-registered entities, including government and private firms. |
Note: Each FAB prepaid card has unique eligibility criteria, and additional documentation may be required depending on the card type.
Top 10 FAB Prepaid Cards
This section breaks down the 5 best FAB prepaid cards for individuals and the 5 best prepaid cards for companies.
5 Best FAB Prepaid Cards for Individuals
1. Ratibi Prepaid Card
The FAB Ratibi Prepaid Card is a salary card for employees earning up to AED 5,000 per month. It’s compliant with the UAE’s Wages Protection System (WPS), ensuring seamless and secure salary payments.
Eligibility Criteria:
- Employer must have a corporate account with FAB.
- Employee must be a UAE resident with updated KYC details.
| Feature | Details |
| Card Issuance Fee | Free |
| Balance Loading Fee | Free |
| Usage | In-store, online, and ATM withdrawals. |
| Compliance | Fully WPS-compliant. |
Key Benefits:
- Free SMS alerts for salary credits.
- No minimum balance or maintenance fees.
- 24/7 FAB call center support.
- Free personal accident insurance and hospitalization coverage.
2. UAQ PayRow Individual Card
Designed for Umm Al Quwain government transactions, this card is suitable for individual use.
Eligibility Criteria:
- Available to UAE Nationals and residents.
- KYC registration is required.
| Feature | Details |
| Card Issuance Fee | AED 30 |
| Balance Limit | AED 75,000 |
| Cash Withdrawal Limit | AED 10,000 per transaction, AED 75,000/day. |
Key Benefits:
- Suitable for government and merchant payments.
- 5-year validity.
- Spend limit controls to avoid overspending.
3. Government Sahala Individual Card
The Government Sahala Individual Card is designed for payments to UAE government entities.
Eligibility Criteria:
- Open to UAE Nationals and residents.
- Both registered and unregistered users can apply.
| Feature | Details |
| Card Issuance Fee | AED 15 |
| Balance Limit | AED 50,000 for registered users. |
Key Benefits:
- Supports both government and merchant transactions (for registered users).
- Allows cash withdrawal for registered cardholders.
- Spend control features available.
4. Abu Dhabi Pay Hayyak Card
This card is free to issue and is designed primarily for Abu Dhabi government transactions.
Eligibility Criteria:
- Open to UAE Nationals and residents.
| Feature | Details |
| Card Issuance Fee | Free |
| Balance Limit | AED 50,000 for registered users. |
Key Benefits:
- No card issuance or balance loading fees.
- Registered users can use the card for merchant transactions.
- Cash withdrawal available for registered users.
5. RAK Pay Wafer Individual Card
Ideal for Ras Al Khaimah government transactions, the RAK Pay Wafer Individual Card is a versatile prepaid card.
Eligibility Criteria:
- Open to UAE Nationals and expat residents.
| Feature | Details |
| Card Issuance Fee | AED 30 |
| Balance Limit | AED 2,500,000 |
Key Benefits:
- Supports cash withdrawal up to AED 10,000/day.
- Spend limit controls to reduce expenses.
5 Best FAB Prepaid Cards for Companies
1. Payment Prepaid Card
This card is designed for companies to streamline petty cash handling and recurring payments.
Eligibility Criteria:
- Open to UAE-registered companies.
| Feature | Details |
| Card Issuance Fee | Free |
| Usage | Online, in-store, and ATM withdrawals. |
Key Benefits:
- No minimum balance or monthly charges.
- Real-time access via the FAB Prepaid Online Portal.
2. Government Black Corporate Card
A prepaid card tailored for frequent payments to UAE government entities.
Eligibility Criteria:
- Open to UAE-registered companies.
| Feature | Details |
| Card Issuance Fee | AED 25 |
| Balance Limit | AED 10,000,000 |
Key Benefits:
- Supports payments to 15 UAE government entities.
- Fully secure with spend control features.
3. Abu Dhabi Pay Elite Corporate Card
This card supports both Abu Dhabi government transactions and merchant payments.
Eligibility Criteria:
- Companies must complete full KYC registration.
| Feature | Details |
| Card Issuance Fee | Free |
| Balance Limit | AED 2,500,000 |
Key Benefits:
- No card issuance or loading fees.
- Wide usage flexibility for both government and merchant transactions.
4. RAK Pay Al Ruzmah Corporate Card
This card is exclusive for Ras Al Khaimah government transactions.
Eligibility Criteria:
- Open to UAE-registered companies.
| Feature | Details |
| Card Issuance Fee | AED 30 |
| Balance Limit | AED 2,500,000 |
Key Benefits:
- Streamlined government transaction processing.
- Spend limit controls to avoid overspending.
5. UAQ PayBlue Corporate Card
The UAQ PayBlue Corporate Card is designed for Umm Al Quwain government transactions.
Eligibility Criteria:
- Open to UAE-registered companies.
| Feature | Details |
| Card Issuance Fee | AED 30 |
| Balance Limit | AED 10,000,000 |
Key Benefits:
- No need for a corporate bank account.
- High balance limit for large transactions.
FAQs
What is the purpose of an FAB prepaid card?
FAB prepaid cards allow individuals and companies to manage payments efficiently, including salaries, government transactions, and merchant purchases.
Can FAB prepaid cards be used for online shopping?
Yes, most FAB prepaid cards can be used for online purchases.
Are there any maintenance fees for FAB prepaid cards?
No, FAB prepaid cards generally do not require maintenance fees or minimum balances.
Can companies withdraw cash using FAB corporate prepaid cards?
No, corporate prepaid cards do not support cash withdrawals.
How can I apply for an FAB prepaid card?
You can apply for an FAB prepaid card by visiting an FAB branch or authorized Magnati office with the required documents.
Final Thoughts
The FAB prepaid cards provide flexibility and convenience for both individuals and companies in the UAE. With options for salary payments, government transactions, and everyday expenses, these cards are an excellent tool for managing finances efficiently.
For further assistance, contact FAB Customer Care at 600-52-5500.
