FAB Ratibi Card Benefits and Key Features

FAB Ratibi Card Benefits and Key Features

Ratibi Prepaid Card is designed by First Abu Dhabi Bank (FAB) for employees in the UAE to receive salaries from employers directly into their accounts. The requirement to apply for the Ratibi card is to have a minimum of 5000/- AED monthly salary. It is applied by employers on behalf of their employees. 

Once you receive your card as an employee, you are eligible to make e-payments, shop online from anywhere in the world, and withdraw money from a wide range of ATMs across the country.

FAB Ratibi Card Benefits For Employees

FAB Ratibi Card Benefits For Employees

Being a Ratibi cardholder myself, I have enjoyed countless benefits while using it. Some of the main features for employees include:

SMS Alerts

Whenever your salary is credited to your card, you receive an instant message informing you about the transaction. The main point is it costs you nothing. The message alert is free of charge keeping you informed about your transactions.

No Need for a Bank Account

One of the FAB Ratibi card benefits is that you don’t need a bank account to be eligible for a Ratibi card. Without having a traditional bank account, you can enjoy full banking services. Whether it’s making a money transfer online, shopping from e-commerce sites like Amazon, Noon, or any Shopify store, or withdrawing cash from ATMs. You are allowed to use your card as beneficial as you want. 

The only trick is that you cannot apply the card on your own. You need an employment visa in the UAE and a monthly salary of 5000/- AED. Your employer will arrange all the documents and apply for the card on your behalf.

Also Read: FAB Rewards Program

Wide Range of Usage Options

The Ratibi card can be used at Mastercard and Visa networks worldwide. You have a wide range of options where it can help you make payments easily without heavy bank charges.

Customer support

FAB’s Ratibi customer support is available 24/7.  In Case there is an issue, you can call their customer service center, and based on the type of your issue, it will be resolved within a certain period. 

You can contact them at 600522298 in the UAE and for international services, you may call them at +971(2)4996279.

Security Pin

Once you receive the card, you can select your PIN from any of the FAB’s ATMs in the UAE. It will help you make your card secure. Make sure to create a unique pin only you know.

WPS Compliant

Ratibi card is compliant with the UAE’s Government WPS (Wages Protection System) guidelines. The salary you receive is not only known by you and your employer but is processed by the UAE’s WPS system. 

This system helps employees prevent unpaid salaries. Whenever you don’t receive your salary on time, the Govt. knows that, and for a certain period of time if you still haven’t received it, your employer is contacted by the Government informing them to process it ASAP. To check your salary and FAB Bank balance, read our detailed guide.

FAB Ratibi Card Benefits For Employers

FAB Ratibi Card Benefits For Employers

Though the benefits are more stretched for employees, there are multiple advantages for employers as well that make it a good choice for them to opt for FAB’s Ratibi payroll solution.

Secure Salary Transfer

You can securely transfer salaries to your employee’s Ratibi cards from your corporate bank account online. It helps you make the salary transfer more secure and convenient from the comfort of your mobile phone.

Stress-Free Solution

Ratibi’s easy-to-pay salaries let you set stress free. Most of the WPS systems In the UAE work through financial institutions like money exchanges. You need to register your company’s employees in one of the money exchanges in the UAE and apply for their WPS accounts. Once done, every month you will have to visit and pay them in cash to transfer your employee’s salaries. 

FAB’s Ratibi payroll solution, on the other hand, has made it way easier to send salaries to your employees with the help of online banking.  

Other FAB Ratibi card benefits for employers include salary processing as per corporate requirements, real-time card management of employees via online banking, and fully automated wage services.

FAQs

Unfortunately, you cannot deposit more cash into your Ratibi card as it is solely designed for salary deposits.

Though both of the cards work similarly, they are not the same. A FAB debit card comes only if you have an account in the bank, while a Ratibi card is applied by your employer on your behalf and doesn’t need a bank account.

Yes, the card can be used for any kind of e-payment including online shopping.

Final Words

The Ratibi prepaid card is beneficial for both employees and employers. It’s a payroll-specific card that lets you enjoy the benefits of a proper debit card without owning a bank account. 

For employees in the UAE, it works very well as most of the banks require a high monthly income to open a bank account. For employers, it’s a stress-free easy to easy-to-maintain payroll solution to transfer salaries to their employees from the comfort of a mobile phone.