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Mastercard and First Abu Dhabi Bank Launch Five New Credit Cards Within Six Months

Thursday 21 August 2025 14:46
Mastercard and First Abu Dhabi Bank Launch Five New Credit Cards Within Six Months

In a major step toward redefining the credit card market, Mastercard and First Abu Dhabi Bank (FAB) have jointly announced the launch of five new credit cards within just six months, underscoring the strength of their partnership and their shared commitment to customer-centric innovation.

The new cards have been carefully designed to address diverse customer needs and lifestyles, offering real added value across areas such as travel, entertainment, wellness, and youth-oriented digital services. By combining FAB’s deep market insights with Mastercard’s global expertise, the collaboration delivers products tailored to the everyday lives of UAE consumers.

The Newly Launched Cards

FAB Islamic Emarati Credit Card

Rooted in Emirati culture and fully Shariah-compliant, this card offers exclusive perks such as discounts with Ounass, 6th Street, and more than 150 local restaurants. Cardholders also benefit from free access to gyms and padel courts, valet services at premium locations, and enhanced rewards on beauty and fragrance purchases.

FAB Rewards Lifestyle Credit Card

Geared towards shoppers and dining enthusiasts, this card provides discounts on Namshi purchases and access to over 150 dining offers. With no annual fees, it delivers lifetime value and rewards customers for everyday leisure and lifestyle experiences.

FAB Travel Credit Card

Designed for frequent travelers, this card unlocks annual complimentary trips to more than 15 destinations, 12% cashback on hotel and flight bookings, no foreign exchange fees, and free access to global airport lounges for cardholders and two guests.

FAB Elite Credit Card

Targeting premium customers, this card offers exclusive benefits such as free adv+ membership for access to beach clubs and gyms, fine-dining discounts, 24/7 concierge services, and even gold rewards through the FAB Rewards Store. Customers also earn elevated points on luxury and sustainable purchases.

FAB Zee Credit Card

Tailored for younger generations, Zee provides free subscriptions to Careem Plus and Noon One, discounts at Virgin Megastore, and savings on streaming and gaming platforms. With one of the lowest interest rates in the market and no foreign currency conversion fees, it offers flexible and affordable financial solutions for youth.

Commenting on the launch, Gina Petersen Skyrm, Senior Vice President and Country Manager, UAE & Oman at Mastercard, said:

> “At Mastercard, our goal is to put the right product in the hands of the right customer, enabling them to pay, save, and live according to their individual needs. Through our collaboration with FAB, we’ve transformed customer insights into five unique credit cards that reflect real interests such as travel, wellness, and cashback. This diversity ensures there is now a Mastercard solution for every lifestyle.”

The partnership marks another milestone in the evolving payments landscape of the UAE. Mastercard and FAB reaffirmed their commitment to introducing bold innovations that will shape the future of digital payments and financial experiences across the region.