Blue FAB Islamic: Al-Futtaim FAB Rewards under the published conditions. HSBC Live+: Dining, fuel and groceries at qualifying spend levels. 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.
Compare
Blue FAB Islamic
HSBC Live+
Minimum monthly salary
AED 15,000
AED 12,500
Modelled fees · first year
AED 0
AED 0
Modelled fees · ongoing year
AED 0
AED 0
Estimated first-year net
Not estimated
AED 3,180
Estimated ongoing net / year
Not estimated
AED 2,580
Reward redemption model
Reward value unconfirmed
Cash / statement redemption model
Bank FX charge
2.61%; scheme charges may apply
2.1%; scheme charges may apply
Earning spend gate
Category and programme conditions apply
AED 3,000 eligible monthly spend; lower rates can apply below the gate
An AED-value winner is not established because a reward conversion or recurring fee is unconfirmed. Use the verified differences and ask the issuer about missing terms.
A higher estimate does not establish eligibility. Restricted points and miles need a redemption you can use. Benchmark calculated 2026-10-25; product terms retain the review dates below. Negative values show fees exceeding modelled rewards.
Conditional welcome and campaign value included: Not estimated. It requires the bank’s new-customer, application-date and spending conditions; it is not a guaranteed payment.
Renewal waiver assumes at least AED 36,000 qualifying spend in the preceding card year.
First year free; renewal AED 315 including VAT, waived after AED 36,000 annual eligible spending.
Published earning is described separately. An annual forecast is unavailable until this product’s full redemption, merchant exclusions, caps and qualification rules are represented.
HSBC Live+ assumptions
Conditional welcome and campaign value included: AED 600. It requires the bank’s new-customer, application-date and spending conditions; it is not a guaranteed payment.
Renewal waiver assumes at least AED 12,000 qualifying spend in the preceding card year.
Includes the AED 600 qualifying spend stage; wallet and supplementary-card actions remain excluded. Direct merchant school/utility payments earn 0.5%. All projected spend must be eligible retail within the assigned credit limit.
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
Blue FAB IslamicOngoing net / year: Not estimated
HSBC Live+Ongoing net / year: AED 960
An AED-value winner is not established because a reward conversion or recurring fee is unconfirmed. Use the verified differences and ask the issuer about missing terms.
An AED-value winner is not established because a reward conversion or recurring fee is unconfirmed. Use the verified differences and ask the issuer about missing terms.
An AED-value winner is not established because a reward conversion or recurring fee is unconfirmed. Use the verified differences and ask the issuer about missing terms.
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.
Blue FAB Islamic: benefit conditions and official sources
Perks and exclusions
Lounges: 12 visits annually at 1,300+ lounges after one international transaction; register with Visa Airport Companion and confirm timing/guest eligibility.
Cinema: No current offer verified.
Overall monthly cap:600,000 Al-Futtaim FAB Rewards (AED 3,000), or earning on spending up to the credit limit, whichever is lower.
Zero bank FX and cash-advance fees in Saudi Arabia are a product-specific feature; do not generalise to all international spending. Scheme fees/conversion need separate confirmation.
Published UAE-national welcome campaign up toAED 5,000 requires AED 12,000 spending for 3 consecutive months and is valid through 23 November 2026; no campaign value included in forecasts.
HSBC Live+: benefit conditions and official sources
Perks and exclusions
Lounges: 12 annual Visa Airport Companion visits for cardholders; make an international purchase equivalent to at least one US currency unit once per calendar year, at least 15 days before travel.
Cinema: Buy 1 Get 1; AED 6,000 monthly spend required
General income minimum AED 12,500; AED 5,000 is restricted to approved-company employees. Credit approval is separate.
AED 3,000 statement retail spend activates dining 6%, fuel 5%, supermarkets and entertainment 2%, each capped at AED 200 per category. Other eligible retail, including direct school and utility payments, earns 0.5%; below the threshold all eligible retail earns 0.5%.
Only eligible merchant retail is modelled; instalment plans, cash equivalents, bank fees, reversals and spend beyond the assigned credit limit are excluded. Entertainment is not a separate matcher input.
Cinema BOGO requires AED 6,000 in the booking month. Twelve annual Visa Airport Companion lounge visits require the stated international purchase and advance processing window.
Bank foreign currency processing is 2.1% including VAT. A separate scheme processing fee up to 1.21% including VAT can apply. Overseas AED processing is 1.05%; these are not all-in currency conversion costs.
Annual fee AED 313.95 including VAT; first-year waiver campaign requires approval by 31 December 2026. Later waiver requires AED 12,000 yearly spend.
