Mastercard and First Abu Dhabi Bank Launch Five New Credit Cards

Mastercard and First Abu Dhabi Bank (FAB) have launched five new credit cards in just six months, marking a significant milestone in the cards market. The collaboration between the two companies reflects their shared ambition and customer-first approach, resulting in cards that cater to the diverse needs and interests of FAB's customers. Each card has been designed to mirror the passions, needs, and lifestyles of the bank's customers, making payments more personalized and rewarding.

Key Takeaways:

  • The five new credit cards launched by Mastercard and FAB cater to different aspects of customers' lives, including travel, wellness, and everyday cashback.
  • The cards have been designed to reflect the Emirati lifestyle, with benefits such as discounts at Ounass, 6TH STREET, and over 150 Emirati-favorite restaurants.
  • The FAB Travel Credit Card offers a complimentary flight to one of 15+ destinations every year, 12% cashback on flights and hotel bookings, and free global airport lounge access for the cardholder and two guests.
  • The FAB Rewards Elite card unlocks a world of privileges, including complimentary adv+ membership offering access to premium gyms and beach clubs, discounts at five-star restaurants, and 24/7 global concierge support.
  • The FAB Z Credit Card is designed for Gen Z, offering complimentary Noon One and Careem Plus subscriptions, discounts at Virgin Megastore, and savings on popular streaming, music, and gaming platforms.
  • The cards feature innovative payment products that cater to the needs of FAB's customers, with benefits such as guaranteed gifts of gold and tree planting, and accelerated FAB Rewards on luxury and eco-friendly purchases.
  • Mastercard and FAB continue to explore bold new ideas to shape the future of payments in the UAE.

Statistics:

  • 15+ destinations available for complimentary travel on the FAB Travel Credit Card
  • 12% cashback on flights and hotel bookings with the FAB Travel Credit Card
  • Over 150 Emirati-favorite restaurants offering discounts with the FAB Emirati Islamic Credit Card
  • 150+ restaurants offering discounts with the FAB Rewards Indulge Credit Card
  • 5-star restaurants offering discounts with the FAB Rewards Elite Credit Card
  • 24/7 global concierge support offered with the FAB Rewards Elite Credit Card

Sources:

  • Al Bawaba (www.albawaba.com) - "Mastercard and First Abu Dhabi Bank launch five new credit cards"
  • Mastercard - Press Release - "Mastercard and First Abu Dhabi Bank Launch Five New Credit Cards in UAE"
  • FAB - Press Release - "FAB and Mastercard Launch Five New Credit Cards in UAE"