First Abu Dhabi Bank (FAB) is one of the largest banking groups in the UAE, formed from the merger of First Gulf Bank and National Bank of Abu Dhabi in 2017. As a leading financial institution, FAB offers a wide range of banking services to individuals, companies, and institutions across personal, corporate, investment, Islamic, and private banking. Today, we’re going to look on some of the exciting features of a salary account in FAB bank
Features & Benefits of FAB Salary Account
For individuals employed in the UAE, opening a salary account with FAB provides several key advantages:
Convenience – Your monthly salary can be directly credited to your FAB account, avoiding the hassle of transfers from other banks. FAB has an extensive network of branches and ATMs across the UAE.
Competitive Interest Rates – FAB bank account offers attractive interest rates on their salary accounts, helping your savings grow faster.
Rewards and Offers – FAB frequently provides special offers, rewards programs, and discounts to their salary account holders on dining, shopping, travel, and more.
Excellent Service – You get access to FAB’s premium banking services with dedicated relationship managers to assist you.
Financial Benefits – Salary accounts come with free credit cards, loan benefits, preferential rates, and fee waivers on various products.
To explore more banks for loan benefits, check our recommendations on 9 Loan Providers for Loans Without Salary Transfer In UAE
Due to the amazing FAB bank customer service, opening an FAB salary account is a convenient and rewarding choice for residents in the UAE.
FAB offers a flexible current account designed to suit various lifestyles and financial needs. Here are some of the key features of their salary account:
Convenience Features
- Free FAB Mastercard debit card to access your money easily
- First chequebook provided for free
- Exclusive free lounge access at selected airports for FAB Platinum Mastercard debit card holders
Customizable Limits
- FAB Standard debit card: AED 15,000 ATM withdrawal limit, AED 20,000 retail purchase limit
- FAB Platinum debit card: AED 20,000 ATM withdrawal limit, AED 40,000 retail purchase limit
Eligibility
- Available for residents of the UAE, both Emiratis and expatriates
- Suitable for salaried employees as well as self-employed or non-salaried individuals
With its flexible features, high limits, and premium benefits like airport lounge access, the FAB salary account caters to customers with different financial profiles and lifestyles. The account provides a convenient way to manage your finances while enjoying privileges that complement your banking needs.
Steps To Open FAB Bank Account For Salaried Individuals
FAB makes it convenient to open a new salary account through its user-friendly mobile app. Here are the steps:
Open an Account Using the FAB Bank Mobile App
- Download the FAB Mobile app from the App Store, Google Play, or AppGallery.
- Launch the app and complete the account opening form with your personal and employment details.
- Provide a copy of your valid passport, UAE residence visa, and Emirates ID. You’ll also need to present the original documents.
- Submit proof of your income like salary slips or an employment contract.
The FAB Mobile app offers additional features that streamline banking
- Open a personal current account instantly with minimal documentation.
- Get an FAB account and credit cards approved on the spot by just using your Emirates ID, no paperwork is required.
- Use the integrated FAB Rewards program to pay bills, check balances, transfer money, and earn rewards on your transactions.
With its digital account opening process and modern app features, FAB ensures opening a new salary account is simple, fast, and can be done from the convenience of your smartphone. Their user-friendly platform makes managing your finances effortless.
User Experiences and Reviews
Here are some user experiences and reviews I found regarding FAB salary accounts from different online forums and review platforms:
“I’ve had my salary account with FAB for over 2 years now and it’s been a really good experience. Prompt customer service, easily accessible branches, and the mobile app is great for day-to-day transactions. The interest rates on personal savings account could be better though.”
“Opening a salary account with FAB was smooth and easy. The staff explained all the features well. I particularly like the airport lounge access that comes with the Platinum debit card. However, some charges for basic services like issuing Code could be avoided.”
“I moved my salary account from another bank to FAB recently. Their monthly fees are lower and the app is much better than my previous bank’s. Getting the FAB bank debit card issued was a bit delayed though due to some technical issue they had.”
FAB Bank Balance Check – 6 Easy Ways
FAB balance check service is really good actually. Here are the different ways to check your First Abu Dhabi Bank (FAB) account balance:
1. Through FAB ATMs
- Insert your FAB debit card and enter your PIN.
- Select “Account Balance” or “Account Services” from the menu.
- Choose the account you want to check the balance for.
2. Check FAB Bank Balance Online
- Download the FAB bank app on your smartphone.
- Login with your credentials.
- On the dashboard, you can view the current balance of all your FAB accounts.
3. FAB Bank Website
- Visit fab.com and click on “Online Banking.”
- Enter your username and password to log in.
- Your account summary with balances will be displayed.
4. SMS Banking
- Send an SMS “BAL” to 2292 from your registered mobile number.
- FAB will SMS you back with your account balance details.
5. Call FAB Phone Banking
- Call FAB’s phone banking number 600544003.
- Follow the voice prompts to check balance using your phone banking PIN.
6. Visit a FAB Branch
- You can walk into any FAB branch across the UAE.
- An agent at the teller counter can pull up and print your account balance.
FAB provides multiple convenient channels to access your account balance – through their ATM network, mobile app, online banking portal as well as SMS/phone banking services. This allows you to check your balance anytime, anywhere in a secure manner.
What’s Our Take On Fab Bank For Salary Account?
Opening a salary account with First Abu Dhabi Bank (FAB) can be an excellent choice, particularly for employees and residents of the UAE. Here’s why:
1. Established Bank: FAB is one of the largest and most reputable banks in the UAE, formed by the merger of two leading institutions – First Gulf Bank and National Bank of Abu Dhabi.
2. Premier Banking Services: As a salary account holder, you gain access to FAB’s premium services like dedicated relationship managers and personalized financial advice.
3. Global Presence: FAB has a global presence through its representative offices worldwide, making it ideal for those traveling or relocating.
4. Competitive Rates: The bank offers competitive rates on salary accounts and add-on products like loans or credit cards through its “One FAB” package.
While FAB is an excellent option for salary accounts within the UAE, the final decision should factor in your residency status, earnings, and overall personal financial objectives. These will determine if FAB, through its wide network and offerings, best serves your requirements or if another banking solution would be a better fit.
Also, check:
9 Best Business Bank Accounts in UAE
6 Best Bank Accounts in UAE – Based On Our Experience
10 Best Savings Account in UAE – Based On Customer Reviews
I’m Bander, a financial analyst focusing on the Middle East markets. I simplify tricky financial ideas into practical tips. I love helping you understand your money better, so you can make smart choices that fit your own situation.