FAB SHARE Platinum Credit Card Guide (UAE): Rewards, Fees, Eligibility, and Who It’s Really For

In the UAE’s credit card market, most “rewards” cards promise flexibility. The FAB SHARE Platinum Credit Card does the opposite—and that’s precisely its strategy. Instead of generic cashback, it anchors value to the Majid Al Futtaim (MAF) ecosystem, one of the most dominant retail and lifestyle operators in the country. For households that live inside Carrefour aisles, VOX Cinema seats, and City Centre malls, this card effectively functions as a discount engine disguised as a credit card.

Issued by First Abu Dhabi Bank (FAB) and co-branded with Majid Al Futtaim, the FAB SHARE Platinum is designed to convert everyday UAE spending into SHARE points—a loyalty currency deeply embedded in local consumer behaviour.

What Is the FAB SHARE Platinum Credit Card?

The FAB SHARE Platinum Credit Card is a UAE-issued, Visa Platinum credit card that earns SHARE points on all spending, with accelerated rewards at Majid Al Futtaim brands, including:

• Carrefour (in-store and online)
• Mall of the Emirates
• City Centre malls across the UAE
• VOX Cinemas
• Ski Dubai, Magic Planet, iFLY Dubai, Dreamscape, and similar experiences

SHARE points are a closed-loop loyalty currency where 10 points = AED 1, redeemable directly at participating MAF outlets without conversion friction, blackout dates, or minimum redemption thresholds.

From an entity perspective, the card sits at the intersection of:

• Banking (First Abu Dhabi Bank)
• Retail & Entertainment (Majid Al Futtaim)
• Payments infrastructure (Visa Platinum)
• UAE consumer loyalty systems (SHARE Rewards Programme)

Key Financials and Eligibility (2026)

Core Requirements

• Minimum monthly salary: AED 10,000
• Minimum age: 21 years
• Eligibility: UAE nationals and expatriates
• Employment status: Salaried or self-employed (subject to FAB credit assessment)

Fees

• Annual fee: AED 1,050 (inclusive of VAT)
• Retail interest rate: Around 3.99% per month (standard for UAE rewards cards)

From a value perspective, the annual fee is effectively offset if the cardholder spends regularly at Carrefour or MAF malls, where accelerated earn rates apply.

Rewards Structure Explained: How SHARE Points Actually Work

Unlike airline miles or bank reward points that require conversion charts, SHARE points are fixed-value.

• 10 SHARE points = AED 1
• Points are unlimited
• Redemption is instant at checkout via the SHARE app or linked account

Earn Rates by Category

Carrefour (UAE, online & in-store)

• 7% value back in SHARE points

MAF Entertainment & Experiences
(VOX Cinemas, Ski Dubai, Magic Planet, iFLY Dubai, Dreamscape, etc.)

• 6.25% value back

MAF Shopping Malls
(Mall of the Emirates & City Centre malls)

• 4.25% value back

Other Spending
(International transactions, online shopping, non-MAF retail)

• 2.25% value back

Salary Transfer Bonus

• Additional 0.25% value back on select categories when salary is transferred to a FAB account

From a semantic SEO standpoint, this positions the card as a high-yield retail loyalty accelerator, not a general cashback instrument.

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Welcome Bonus and SHARE Ecosystem Advantages

Joining Bonus

• 10,000 SHARE points upon card activation
• Equivalent to AED 1,000 in redeemable value at participating outlets

SHARE App & Family Pooling

• SHARE points can be:
  • Pooled across households
  • Gifted to other members
  • Accumulated via a SHARE group (up to ~9 members)

This feature is particularly relevant in UAE family spending structures, where grocery, entertainment, and mall purchases are often centralised.

Lifestyle, Protection, and Visa Platinum Benefits

Entertainment Benefits

• Unlimited 2-for-1 standard tickets at VOX Cinemas UAE
• Bookable via VOX app or website

Installment & Payment Flexibility

• 0% Easy Payment Plans (EPP) for up to 12 months on:
  • School fees
  • Travel bookings
  • Carrefour purchases

This aligns the card with UAE cash-flow planning norms, especially for families.

Protection Benefits (Visa Platinum)

• Buyer Protection
  • Covers theft, accidental damage, or non-delivery for up to 1 year
• Extended Warranty
  • Adds one extra year beyond the manufacturer’s warranty on eligible purchases
• Visa lifestyle and travel privileges
  • Global dining, retail, and experience offers via Visa

Recommended: Top 10 Banks in the UAE

Supplementary Cards and Household Use

• Up to four supplementary cards issued free of charge
• All spending earns SHARE points into the primary account
• Ideal for:
  • Families
  • Shared household budgets
  • Centralised rewards accumulation

Application, Digital Access, and Card Management

How to Apply

• Apply directly via:
  • FAB website
  • SHARE app (instant virtual card issuance in many cases)

Required Documents (UAE)

For salaried individuals

• Emirates ID
• Passport + UAE residence visa
• Salary certificate or payslip
• 3–6 months bank statements

For self-employed applicants

• Trade licence and MOA
• Emirates ID and passport
• Company bank statements (3–6 months)

Card Management

Via the FAB Mobile App, users can:

• Freeze or unfreeze the card
• Set spending limits
• Disable ATM or international usage
• Track transactions and rewards

Who Should (and Shouldn’t) Use the FAB SHARE Platinum Card?

Best Fit

• UAE residents who:
  • Shop frequently at Carrefour
  • Spend weekends at Mall of the Emirates or City Centres
  • Regularly visit VOX Cinemas or MAF attractions
• Families seeking predictable, grocery-linked value
• Cardholders who prefer immediate redemption over miles optimisation

Less Suitable If You:

• Rarely shop within the Majid Al Futtaim ecosystem
• Prefer airline miles, hotel points, or statement cashback
• Want premium travel perks like lounge access or elite status benefits

Regulatory and Market Context (UAE)

The FAB SHARE Platinum operates within:

• UAE Central Bank credit regulations
• FAB’s internal credit scoring framework
• Visa Platinum global protection standards

From a market positioning standpoint, it competes less with travel cards and more with:

• Grocery cashback cards
• Lifestyle-focused co-branded cards
• Family-oriented rewards programmes

For broader context, readers may also explore:

• UAE credit card interest rate regulations
• How loyalty programmes influence consumer inflation
• Retail banking trends in the UAE

(Internal links recommended to EmiratesBreaking.com finance and banking explainers.)

FAQs

Is the FAB SHARE Platinum Credit Card free?

No. The annual fee is AED 1,050 (including VAT), but the welcome bonus and accelerated rewards can easily offset this for regular MAF shoppers.

How much are 10,000 SHARE points worth?

Exactly AED 1,000, redeemable at participating SHARE outlets.

Can expats apply for the FAB SHARE Platinum card?

Yes. Both UAE nationals and expatriates are eligible, subject to income and credit approval.

Do SHARE points expire?

SHARE points are subject to the SHARE programme’s validity rules, but regular card usage and redemption typically prevent expiration issues.

Can I use the card outside the UAE?

Yes. International spending earns 2.25% value back in SHARE points.

Is this card better than cashback cards?

It depends. For Carrefour and mall-centric spending, the effective return often exceeds standard cashback cards. For non-MAF spending, cashback cards may be more flexible.

Does the card include airport lounge access?

No. Lounge access is not a core benefit of the FAB SHARE Platinum.

Final Verdict

The FAB SHARE Platinum Credit Card is not trying to be everything. Instead, it doubles down on where UAE residents already spend—groceries, malls, cinemas, and family experiences. In doing so, it converts routine consumption into measurable savings, without the complexity of points conversions or travel redemptions.

For the right spending profile, it’s less a credit card—and more a financial extension of the UAE mall economy.