Ratibi Prepaid Card

It streamlines salary payments, providing a convenient and secure alternative to traditional banking methods.

What is the Ratibi Prepaid Card?

Ratibi is a salary payroll solution offered by First Abu Dhabi Bank, specifically designed for employees who earn up to AED 5,000. With this payroll card, you can make payments at retailers and deposit or withdraw money from a range of ATM networks worldwide. 

Benefits of Ratibi Card for employers

• The Ratibi card offers a stress-free salary payment solution 
• It includes real-time card management via online banking
• It offers alternative ways for salary processing, according to the company’s requirements
• It ensures a secure salary transfer from the corporate account to the Ratibi prepaid cards via online banking

Furthermore, the system aligns with the Wages Protection System (WPS) and Non-WPS payroll standards.

Is the Ratibi Card Right for You?

Ratibi prepaid card is tailored for a specific user segment that needs a secure, compliant, and easy way to receive and use their salary, without a minimum account balance requirement. Rather than for everyone, this card is suitable for:

1. Low-income Earners: Individuals earning a monthly salary of AED 5,000 or below
2. Unbanked Employees: Workers with no conventional bank account
3. Workers in companies that use the Wage Protection System (WPS)
4. Domestic help: Housekeepers, nannies, and drivers

Key Features and Benefits of Ratibi Prepaid Card

The Ratibi card is loaded with features and benefits that cater to the needs of employees and employers. More than just presenting a convenient way to receive salaries, this card also offers several advantages -

• No Need for a Bank Account: Salaries are directly credited to the card
• Free Personal Accident Insurance: Provides financial security in case of accidents
• 24/7 Access to ATMs and CDMs: Easy withdrawal and deposit of funds at any time
• No Minimum Balance or Monthly Charges: Makes it cost-effective for cardholders
• Secure Payments: Can be used at retailers and for online shopping globally
• Free SMS Alerts: Provided for every salary credit, these alerts enhance the monitoring of funds.
• Personalised PIN Selection: At FAB ATMs for added security
• UAE Government WPS Compliant: Ensures adherence to local wage protection guidelines
• Automated Salary Crediting: Fast and efficient transfer of wages
• Stress-Free Salary Payment for Employers: Simplified payroll processing
• Real-Time Card Management: Via online banking for employers
• Supports WPS and Non-WPS Payroll: Flexible processing of salary payment

How to Check Ratibi Card Balance?

The fastest way to check your Ratibi card is via FAB’s prepaid card balance enquiry portal. Checking the balance of your Ratibi Card regularly is vital for managing finances and ensuring that you are aware of your spending.

Here are the steps for the Ratibi card balance check -

• Visit the official website of First Abu Dhabi Bank
• Go to the Ratibi prepaid card section from the menu
• On the Ratibi card profile page, locate the sub-section titled ‘Existing Ratibi Card Holder’
• Click on the hyperlinked text ‘Ratibi prepaid card balance enquiry’
• You will be redirected to a page where you need to enter the last two digits of the card number and card ID
• Click on the ‘go’ button

Alternatively, you can directly go to PPC NBAD, which is the FAB prepaid card enquiry system. You can enter the card details here and check your Ratibi card balance.

For quick facts about the Ratibi card, check out some frequently asked questions in the next section.

Ratibi Prepaid Card Vs Credit Card: A Quick Glimpse

FAB Ratibi card is a payroll disbursal solution for employees who often don’t have a bank account or earn up to AED 5,000. A credit card, on the other hand, is a borrowing tool with a predefined credit limit. To ensure you don’t confuse the two any further, here’s a quick comparison.

Insider’s Advice

When to Use: Understand that this FAB prepaid card is suitable for you only if you earn up to AED 5,000 per month and don’t have a bank account. This card can be useful even more if your employer uses FAB for WPS salary transfers.

When to upgrade: However, once you start earning more than AED 5,000, we recommend opening a bank account and getting a credit card. 

Still, remember that this is only a borrowing tool. Don’t consider it an additional income source. You should repay the balance in full and on time during the balance cycle.

Limitations of the FAB Ratibi Card

While this FAB card is a compliant, easy-to-use salary card, it has specific limitations about financial flexibility and security. The limitations include:

• The transactions are limited to the amount loaded, which means no overdrafts or revolving debts
• There is a salary cap, as the card is for employees earning up to AED 5,000 per month
• This is a prepaid card, not a full-featured bank account, implying it does not offer chequebooks or overdrafts

Note that this card does not cater to your complex financial needs.`

Additional Advantages of Ratibi Prepaid Card

Here are the additional insurance benefits that enhance the value of the Ratibi card -

• Free Personal Accident Insurance: This insurance covers the cardholder in case of death or permanent total disability due to an accident. The benefit can be up to 5 times the monthly salary or a maximum of AED 25,000.
• Hospitalisation Benefit: If the cardholder is hospitalised due to an accident for at least 24 hours, they are eligible for a daily cash benefit of AED 50. This benefit is applicable for a maximum period of 30 days, subject to a total of AED 1,500.
• Repatriation of Mortal Remains: In the unfortunate event of the cardholder's death, the cost of repatriating their mortal remains is covered, with expenses up to a maximum of AED 5,000.

Eligibility Criteria for Ratibi Prepaid Card

The eligibility criteria for obtaining the Ratibi prepaid card from the First Abu Dhabi Bank are as follows -

• Employer Requirements: The employer must have a corporate account with the First Abu Dhabi Bank.
• Employee Residency: The employee applying for the card must be a resident of the United Arab Emirates (UAE).
• KYC Compliance: Only employees with complete and up-to-date Know Your Customer (KYC) details will be accepted for the Ratibi card.

How to Apply for a Ratibi Prepaid Card?

Here’s how you can seamlessly apply for the Ratibi card and access this convenient financial instrument -

• Complete Application Forms: Fill out the Ratibi application form along with the employee details Excel sheet. These forms are essential to initiate the request for Ratibi cards.
• iBanking Application Form: Complete the iBanking application form. This step is necessary to obtain online card management access, which allows for efficient handling and tracking of card usage.
• Submit Applications: Once the forms are filled, submit them to the nearest branch or community banking branches of First Abu Dhabi Bank.

Ratibi Card Balance Check Process

Checking the balance of your Ratibi Card regularly is vital for managing finances and ensuring that you are aware of your spending.

Here are the steps for the Ratibi card balance check -

• Visit the official website of First Abu Dhabi Bank.
• Go to the Ratibi prepaid card section from the menu.
• On the Ratibi card profile page, locate the sub-section titled ‘Existing Ratibi Card Holder’.
• Click on the hyperlinked text ‘Ratibi prepaid card balance enquiry’.
• You will be redirected to a page where you need to enter the last two digits of the card number and card ID.
• Click on the ‘go’ button.

Alternatively, you can directly go to PPC NBAD, which is the FAB prepaid card enquiry system. You can enter the card details here and check your Ratibi card balance.

For quick facts about the Ratibi card, check out some frequently asked questions in the next section.

Frequently Asked Questions