Ajman Bank LIFE World Cashback: Cashback with eligible dining spending. FAB Z Card: FAB Rewards with eligible groceries spending. Start with eligibility, reward use and total recurring cost.
Same AED 10,000 monthly budget, paid in full. Net value is eligible rewards plus qualifying welcome offers, less modelled card, joining and plan fees. FX charges, borrowing costs and unpriced perks are excluded.
Ajman Bank LIFE World Cashback has the higher ongoing modelled value by AED 1,590.45 a year on this AED 10,000 monthly budget. This is an estimate using the stated redemption assumptions, not a personal recommendation or guaranteed saving.
A higher estimate does not establish eligibility. Restricted points and miles need a redemption you can use. Benchmark calculated 2026-10-29; product terms retain the review dates below. Negative values show fees exceeding modelled rewards.
Conditional welcome and campaign value included: AED 1,000. It requires the bank’s new-customer, application-date and spending conditions; it is not a guaranteed payment.
Published renewal fee used; unverified discretionary or relationship waivers are excluded.
AED 600 + 5% VAT = AED 630. First-year fee waiver requires AED 5,000 retail spend within 60 days of issuance. An ongoing annual renewal waiver is not established.
Uses statement-cycle gate, separate dining/foreign caps and shared other-retail cap for Platinum. Government, insurance and instalment purchases are excluded. No assumption that every online shop qualifies for merchant-specific 10%.
FAB Z Card assumptions
Conditional welcome and campaign value included: AED 0. It requires the bank’s new-customer, application-date and spending conditions; it is not a guaranteed payment.
Published renewal fee used; unverified discretionary or relationship waivers are excluded.
The first year is free. The annual fee is AED 105 including VAT thereafter.
Verified ordinary-spend baseline. Dining uses the lower fast-food rate. Streaming reimbursement is excluded because the input cannot establish one of the six eligible platforms and the previous-month spending gate. Zero bank FX markup excludes scheme charges.
A lighter budget can miss a spending gate; a bill-heavy budget can earn reduced rates. These examples use the same rules as the personal selector.
Compare three example budgets
Light everyday · AED 3,000/month
Ajman Bank LIFE World CashbackOngoing net / year: -AED 630.00
FAB Z CardOngoing net / year: -AED 38.53
Neither ongoing estimate is positive on this budget. Modelled fees exceed or absorb the rewards; check whether any unpriced benefits justify the cost before shortlisting either card.
Ajman Bank LIFE World CashbackOngoing net / year: AED 1,710
FAB Z CardOngoing net / year: AED 119.55
Ajman Bank LIFE World Cashback has the higher ongoing modelled value by AED 1,590.45 a year on this AED 10,000 monthly budget. This is an estimate using the stated redemption assumptions, not a personal recommendation or guaranteed saving.
Ajman Bank LIFE World CashbackOngoing net / year: AED 2,250
FAB Z CardOngoing net / year: AED 164.46
Ajman Bank LIFE World Cashback has the higher ongoing modelled value by AED 2,085.54 a year on this AED 10,000 monthly budget. This is an estimate using the stated redemption assumptions, not a personal recommendation or guaranteed saving.
Check approval criteria, payment-channel exclusions, fee waivers and the benefits you plan to use. Product-source dates are shown separately; this comparison is not bank approval.
Ajman Bank LIFE World Cashback: benefit conditions and official sources
Perks and exclusions
Lounges: Platinum page mentions 25+ regional lounges. World tier travel rules to be confirmed.
Cinema: No current offer verified.
Official product page salary criterion AED 10,000.
Platinum monthly caps: merchant 50/dining 50/snacks 50/other 50; World merchant 100/dining 100/foreign 100/snacks 100; World other retail 1% beyond these caps.
April 2026 terms expressly include restaurant MCCs 5811/5812/5814/7011, so QSR belongs in the dining rate; no need to exclude all Dining.
Utilities are conservatively zero because government-coded payments are excluded.
Monthly period is statement cycle 11th to 10th, not calendar month. Assume steady spending each cycle.
Do not sum the separate 50% refreshments benefit into Dining; it refers to cinema/entertainment MCCs 7832/7929/7911.
Bank foreign-currency processing margin includes 5% VAT in the displayed percentage. Visa/Mastercard scheme processing and exchange-rate effects can be additional.
New LIFE World welcome cashback AED 1,000 requires AED 10,000 qualifying purchases within 60 days of issuance. The model assumes the published new-customer offer applies; confirm it in your issued offer. Excluded financing, instalment, reversal and refund transactions do not count.
FAB Z Card: benefit conditions and official sources
Perks and exclusions
Lounges: Complimentary Mastercard lounge access requires a qualifying USD 1 purchase. Check the current visit allowance in the app.
Cinema: Cinema tickets start at AED 20 at Cine Royal, Star Cinemas and Reel Cinemas.
The 0% bank foreign transaction fee excludes scheme charges and currency conversion, so overseas purchases can still incur costs. Streaming rebate limits and reward exclusions are subject to the terms. Complimentary Careem Plus and noon One memberships last one year.
