LIC Rewards Card

The below features and benefits are effective 1st September 2019


Life Insurance

Your trusted partner is now part of your everyday life

  • Life Insurance Coverage

    Your FAB LIC (I) Rewards Credit Card comes with a complimentary Life Insurance coverage of AED 50,000 in an event of unfortunate natural or accidental death, for the first year.

    From the second year onwards, you can enjoy extended complimentary Life Insurance coverage based on your previous year retail spends.

    Coverage : 1.5 times your yearly retail spend amount

    Eligibility : Minimum retail spend of AED 25,000 in a calendar year

    Terms & Conditions

  • Additional LIC International Insurance Plans Terms & Conditions

    Purchase the best in class USD denominated professional education, pension, savings plans and more at exclusive rates with your FAB LIC (I) Credit Card.

    To know more about LIC International Insurance plans offered by FAB, click here

The FAB LIC(I) Rewards Credit Card is no longer issued by the bank and any information shown here is for existing customers only.

Lifestyle Benefits

  • Money Transfer

    With the FAB Money Transfer facility, you can now transfer your money to India, Pakistan, Bangladesh, Sri Lanka, Egypt or Philippines without any transfer fee or processing fee. For details, call 600 52 5500. Learn more

  • Shop Smart

    Get up to 10% Cashback all year round at leading global online stores using your FAB Credit Card. Visit to register and save every time you buy from your favourite online brands using Shop Smart.

  • Visa & MasterCard Offers

    Plus hundreds more top-class offers available to FAB Credit Cardholders. Learn more

* Service offered and supported by VISA. Terms and conditions of the offer(s) may change without prior notice. Visit for latest updates.

Loyalty Program

Select a loyalty program of your choice

Enjoy the ultimate flexibility in Loyalty Programmes and switch between First Rewards or First Cashback loyalty schemes on the same card, all year round, at no extra cost.

  • First Rewards offers redemptions at over 1,500 locations including leading shopping malls, jewellery stores, electronic stores, online transactions, utility bills and more . Earn one First Reward point for every dirham spent locally and double First Reward Points on international spends.

  • First Cashback Earn up to 5% Cashback, with no minimum spend requirement. What's more? Cashback earned has no expiry and can be redeemed at any time.

    Learn More