FAB Ratibi Card Benefits and Key Advantages
FAB Ratibi Card Benefits and Key Advantages. Ratibi Prepaid Card is designed by First Abu Dhabi Bank (FAB) to enable UAE employees to receive their salaries directly into their accounts. A minimum salary of 5000/- AED per month is required to apply for the Ratibi card. Employers apply on behalf of their employees.
Employees who receive their cards can make e-payments, shop online anywhere in the world, and withdraw money from ATMs across the country.
Employee Benefits for FAB Ratibi Cards
Having used the Ratibi card myself, I have enjoyed countless benefits. Employees have access to the following features:
Alerts Via SMS
When your salary is credited to your card, you receive an instant message informing you of the transaction. The main point is that it costs you nothing. Free message alerts keep you informed about your transactions.
Bank Account Not Required
Ratibi cards don’t require a bank account, which is one of their benefits. Full banking services are available without a traditional bank account. Make a money transfer online, shop from e-commerce sites like Amazon, Noon, or any Shopify store, or withdraw cash from an ATM. Your card can be used as beneficially as you like.
The only catch is that you cannot apply for the card on your own. In the UAE, you need an employment visa and a monthly salary of 5000/- AED. On your behalf, your employer will arrange all the documents and apply for the card.
Options For a Wide Range of Uses
Ratibi cards are accepted on Mastercard and Visa networks worldwide. Payments can be made easily without heavy bank charges with a variety of options available to you.
Support For Customers
FAB’s Ratibi customer support is available 24 hours a day, 7 days a week. Should there be an issue, you can contact their customer service center, and depending on the type of issue, it will be resolved within a few days.
They can be contacted at 600522298 in the UAE, and at +971(2)4996279 for international services.
Pin Code For Security
Upon receiving the card, you can select your PIN at any of the FAB’s ATMs in the UAE. You will be able to make your card more secure this way. Create a unique pin that only you know.
Compliant with WPS
The Ratibi card follows the UAE’s Government’s wage protection guidelines (Wages Protection System). Your salary is not only known to you and your employer, but is processed by the UAE’s WPS system as well.
Employees benefit from this system since unpaid salaries are prevented. Your salary is not paid on time if you do not receive it on time. After a certain period of time, if you still haven’t received it, your employer is contacted by the Government informing them to process it as soon as possible. Read our detailed guide to check your salary and FAB Bank balance.
FAB Ratibi Card Benefits For Employers
Employers, too, can benefit from FAB’s Ratibi payroll solution, even though its benefits are more expansive for employees.
Transferring Salary Securely
You can securely transfer salaries to your employees’ Ratibi cards from your corporate bank account. By using your mobile phone, you can make salary transfers more convenient and secure.
Solution That is Stress-Free
With Ratibi’s easy-to-pay salaries, you can relax. The majority of WPS systems in the UAE work through financial institutions, such as money exchanges. Register your employees in one of the UAE’s money exchanges and apply for their WPS accounts. In order to transfer your employees’ salaries, you’ll need to visit them every month and pay them in cash.
Using FAB Ratibi payroll solution, on the other hand, sending salaries to your employees has never been easier.
Among other FAB Ratibi card benefits for employers are salary processing according to corporate requirements, real-time card management of employees via online banking, and fully automated wage services.
FAQs
Can I Deposit More Cash Into My Ratibi Salary card?
Because Ratibi cards are solely designed for salary deposits, you cannot deposit more cash into them
Is Ratibi Prepaid Card and FAB Debit Card The Same?
Although both cards work similarly, they are not the same. You can only obtain a FAB debit card if you have a bank account, whereas your employer can apply for a Ratibi card on your behalf.
Can I Use The Card for Online Shopping?
Yes, you can use the card for online shopping as well as other e-payments.
Conclusion
Both employees and employers benefit from the Ratibi prepaid card. With a payroll-specific debit card, you can enjoy the benefits of a debit card without having a bank account.
In the UAE, it works very well since most banks require a high monthly income to open a bank account. It’s a stress-free, easy-to-maintain payroll solution for employers to transfer salaries to their employees from the convenience of their phones.
