FAB Bank Current Account, UAE: A Complete Guide
When it comes to personal banking in the UAE, First Abu Dhabi Bank (FAB) stands out as one of the most trusted financial institutions. Its current account offerings are designed to match the lifestyles of residents, expatriates, and frequent travelers, with options ranging from basic personal banking to elite packages with international rewards.
Unlike traditional current accounts that only provide basic debit card access and cheque books, FAB current accounts integrate lifestyle privileges, rewards programs, Shariah-compliant banking, and seamless digital services — making them more than just transactional accounts.
Whether you’re looking to transfer your salary, earn airline miles, or access premium lounge services, FAB provides account types tailored to diverse needs.
Why Choose a FAB Current Account?
In the competitive UAE banking sector, residents often compare Emirates NBD, ADCB, Mashreq Bank, and FAB before deciding where to bank. FAB’s strength lies in combining everyday convenience (online and mobile banking, cheque books, debit cards) with exclusive rewards that enhance both personal and professional lifestyles.
FAB current accounts are particularly attractive for:
- Salary transfers with bonus rewards
- High withdrawal limits (up to AED 40,000 daily on certain accounts)
- Shariah-compliant banking options for those seeking Islamic financial solutions
- Etihad Guest partnerships for travelers who want to earn miles with every transaction
- Elite lifestyle privileges including lounge access and international remittances
Types of FAB Current Accounts in the UAE
FAB offers multiple current account variants, each with its own set of benefits. Let’s explore them in detail:
1. FAB Elite Current Account
A premium account designed for high-net-worth individuals and professionals who want luxury banking.
Key Features:
- Available in multiple major currencies
- No minimum balance requirement
- Unlimited free cheque books
- Free Elite Gold Mastercard World Debit Card
- Complimentary airport lounge access
- High daily withdrawal limits: up to AED 40,000
- Rewards: Earn 60 FAB rewards per AED 100 on local spends and 120 rewards per AED 100 internationally
2. FAB Personal Current Account
A flexible option for UAE residents seeking convenience in everyday banking.
Key Features:
- Free debit card and first cheque book
- Daily withdrawal limit: AED 15,000–20,000 depending on card tier
- Airport lounge access at selected airports
- Multi-currency transactions
- Minimum balance requirement: AED 3,000
3. FAB Etihad Guest Elite Account
Perfect for frequent travelers who want to maximize their spending with airline rewards.
Key Features:
- Earn up to 3 Etihad Guest miles per AED 1,000 balance
- Bonus miles (15,000–100,000) on new salary transfers
- Free international remittance (one per month)
- Four free domestic transfers monthly
- Free Etihad Guest Signature Debit Card with welcome miles and concierge services
- High daily usage limits: AED 30,000 withdrawals, AED 75,000 purchases
4. FAB Etihad Guest Account
A slightly less premium version of the Elite, still rewarding frequent flyers.
Key Features:
- Earn 1.5 Etihad Guest miles per AED 1,000 balance
- 15,000+ bonus miles on salary transfer
- Free cheque book and debit card
- International medical and travel assistance included
- Daily withdrawal limit: AED 20,000
5. FAB One Account
Designed for salaried residents who want flexibility and lifestyle perks.
Key Features:
- Earn FAB rewards for spending and maintaining balances
- Free Platinum Mastercard debit card with purchase protection
- Complimentary airport lounge access
- No minimum balance requirement
- 4 free ATM withdrawals across the UAE
- Daily withdrawal limit: AED 20,000
Eligibility Criteria for FAB Current Accounts
Opening a FAB current account depends on your residency status, salary, or total relationship balance (TRB).
| Account Type | Eligibility |
|---|---|
| Elite Current Account | AED 500,000 TRB OR AED 50,000 monthly salary transfer |
| Personal Current Account | UAE residents – salaried, self-employed, or non-salaried |
| Etihad Guest Elite Account | AED 500,000 TRB minimum |
| Etihad Guest Account | UAE residents; AED 10,000 monthly salary OR AED 10,000 initial deposit |
| One Account | UAE residents; AED 10,000 salary OR AED 10,000 initial deposit for non-salaried |
Documents Required to Open a FAB Current Account
Applicants generally need to provide the following:
- Valid Emirates ID
- Passport and residency visa copy
- Salary certificate or proof of income
- Completed FAB account opening form
FAB may request additional documents depending on the account type and applicant profile.
How to Open a FAB Current Account in the UAE
You can open an account through multiple channels:
- Online banking – via FAB’s secure portal
- Mobile banking app – available on iOS and Android
- Phone banking – by contacting FAB’s customer service
- Branch visit – for those who prefer in-person service
Closing a FAB Current Account
To close your account, you must ensure:
- No remaining balance (transfer funds elsewhere before closure)
- A closure fee of AED 105 is paid
FAB Current Account Fees & Charges
- Minimum balance breach (Personal Current Account): AED 25/month
- Standing instruction setup: AED 52.50
- Failed standing order due to insufficient funds: AED 25
- No liability certificate: AED 105
- Account closure fee: AED 105
FAB Current Account FAQs
1. What is the minimum balance in a FAB current account?
- Elite, Etihad Guest, and One Account: No minimum balance.
- Personal Current Account: AED 3,000.
2. What is the minimum salary required to open a FAB account?
- Ranges from AED 10,000 (Etihad Guest & One Account) to AED 50,000 (Elite Current Account).
3. Does FAB offer Shariah-compliant current accounts?
Yes, FAB offers Islamic current accounts with cheque books, debit cards, and bill payment facilities.
4. Can I earn travel rewards with a FAB current account?
Yes, FAB’s Etihad Guest accounts allow you to earn airline miles, bonus miles on salary transfers, and even provide travel benefits like lounge access and concierge services.
5. How much is the FAB current account closure fee?
The fee is AED 105.
6. Does FAB provide debit and credit cards with current accounts?
Yes, all current accounts include debit cards, and FAB also issues a wide range of credit cards with rewards and lifestyle perks.
Final Thoughts
Choosing the right FAB current account depends on your lifestyle, financial goals, and whether you value travel rewards, luxury benefits, or simple banking convenience. FAB balances innovation, Islamic finance options, and customer privileges, making it one of the best banks in the UAE for personal and salary accounts.
For more guides on UAE banking, lifestyle, and financial planning, explore TheDubaiWeb.com — your trusted local source for living, working, and investing in Dubai.
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