Grab 4.4 Booster – Up to 5% Rebate Isn’t Very Compelling, Unless…

Image: Grab

Last year, Grab gave Boosters on 10th October, 11th November etc. where we get a nice additional scoop of Grab points for online transactions made with GrabPay. This month, we see the reemergence with Grab’s 4.4 Booster where we get up to 5% in rebates. As with previous Boosters, no opt-in is required, and the magic amount is $80 spent online, subject to some exclusions.

Not very attractive

Unfortunately, the rebate isn’t that attractive this time around. Perhaps it’s because it’s still early in the year as the company had previously increased the rewards as we approached the end of 2021. The 5% figure is made up of:

  • 1.2%: Up to 6 points per dollar spent (provided you are a Platinum member with Grab Rewards)
  • 0.8%: Accelerator points for spending on certain categories
  • 3%: Additional 1,200 Booster points on 4th April 2022 for online transactions of at least $80

Do see actual terms and conditions here

Even totalled up, 5% isn’t that attractive a figure considering how the usual cashback cards like OCBC FRANK or UOB EVOL give at least 6% cashback, and your spend would be better off going towards meeting the minimum spends of these cards. Direct cashback is also less of a hassle than Grab points which need to be redeemed.

On the other hand, this may be useful for people who have spending above and beyond the maximum cashback cap of their existing cards. Grab points can also be of higher value when used properly, although the recent dearth of pointsback promos and significantly scaled down SP GreenUP programme have made it much harder to increase the value of one’s Grab points.

Seth
Seth

Want S$145 worth of free shares and cash credits? Try out CGS-CIMB’s ProsperUs trading app today!

Subscribe to the Telegram for more great deals and updates.

This bug though

Interestingly, at the time of writing (past midnight on 4th April) there appears to be a bug which chat member Mt helpfully and somewhat cryptically revealed: the booster is giving 4,000 points instead of the stated 1,200 for a $80 transaction. That’s additional 10% instead of the 3% promised, and not too bad for paying $80 of phone bills or the like.

4,800 points ($9.60) for $80 spend? Don’t mind if I do.

It may be fixed by the time you read this, so I suggest paying attention to the group chat to see if this bug persists. Of course, it might be entirely possible Grab claws back the extra points given… but oh well.

Conclusion

On its own, this Booster isn’t a lot, but if last year is any indication, scheduling spend for the upcoming monthly boosters may be a wise thing to do to rack up Grab points over the rest of the year.

Keep up to date on the best cashback/mile cards, financial products, attractive deals, and more tips to maximise your financial wellbeing by subscribing to my Telegram channel.

Subscribe to the channel, then join the group chat. You would often benefit from the tips shared exclusively in the group chat!

Disclaimer: I may receive an affiliate/referral fee when you sign up for services/products on this site, and such fees keep the site running. I would only recommend services/products I would personally use or recommend to my own friends and family, but I do not provide any warranty or guarantee for the quality of these services/products. Thank you for supporting my site!

Please exercise due diligence when signing up for any service/product as I will not be liable for any personal loss, financial or otherwise. Content published here are my sole views and personal opnion, and none of the information here constitutes personal financial advice nor represents the views of my employer(s).

Leave a Reply

%d bloggers like this: