Grab Christmas Booster: 12% Rebate Up to 5 Times!

Image: Grab

Update 23/12/2021: it appears to be fully redeemed

Grab has been doling out points generously on 9th September, 10th October, 11th November… and 12th December is their biggest points booster yet: similar to before, make a minimum online transaction of $80 and get rewarded with a heap of additional bonus Grab points! This time, the rebate is at its highest: up to 12%, and unlike before, it isn’t for one day only; do this a total of 5 times if you wish. It’s Christmas and Grab is feeling generous.

Promo details

ActivityReward
Spend $80 online with GrabPay, GrabPayCard, or PayLater 10% (50 points per dollar, capped at 4,000 points)
Spend with GrabPay Wallet (GrabPay Card included)Up to 1.2% (6 points per dollar for Platinum members)
Spend on groceries, fitness memberships, streaming services, software, app, e-book purchases, dining/takeaway meals, and telcos0.8% (4 points per dollar, capped at 500 points)

There is an unspecified limit to the total number of redemptions available across all Grab users, and each user is subject to the following limits:

12th December: 1 time redemption per user

13th to 24th December: 1 time redemption per day per user, up to 4 times per user between 13th to 24th December.

The same exclusions apply, and you can check that list in the previous article.

Maximising the promo

Amount to spend

The magic number per transaction this time is $80, which is both the minimum required and the maximum amount that’d optimise the rewards.

What to spend

As usual, telco bills are my recommended go to for easily accomplishing the spend since it’s convenient and also qualify for the 0.8% tier. Given that there are 5 redemptions this time round which represents $400 of spend, telco bills are something that you can also prepay to take advantage of the very good rebate amount of this promo.

If plopping $400 on your telco bills doesn’t sound palatable to you, you might want to also stock up for Christmas with some online grocery shopping. Alternatively, paying for your gym membership online works pretty well. I’m not the most creative of people to think of such things, so you might want to explore our Telegram chat for more ideas.

Stacking with Power Up Challenge?

We expect to see a new Grab Power Up Challenge on 15th December, so I thought it might be wise to skip 13th and 14th and start making transactions on the 15th onwards so that the spend can qualify for the new challenge as well. Xris from the chat thinks it might be a bit risky since the redemptions might run out by the 15th. He has a point, but I think that it’s quite unlikely. There is no clarity on whether the “limited redemptions” is on a daily basis, or throughout the entire campaign, or even how many redemptions there are at all, but I’m guessing that it probably wouldn’t end that soon. We’ll see.

If you haven’t already completed November’s Grab challenge, well then there’s no better time to complete it… assuming the slots for your tier don’t run out before the 15th of this month.

Use Grab points only during sales

The 12% rebate is calculated based on the base value of Grab points which are worth 0.2 cents each. Usual readers and Telegram group members should long know by now to only use your Grab points during redemption sales that often happen. Doing so increases your reward from this booster beyond the advertised 12% rate.

Cards to top up Grab

Get 1.7% with the UOB Absolute Cashback card, and 1.5% with the Amex True Cashback Card.

Amex
True Cashback

New to Amex

Receive*:

  • Apple Airpods (3nd Generation) (worth S$269); or
  • S$160 cash via PayNow

Plus:

  • 3% cashback on first $5,000 of spend

Existing Amex customers (Promo 1)

$30 via PayNow*

*min spend of S$500 required within 30 days of card approval

Until 31st January 2022

UOB
Absolute Cashback

New to UOB cards

Get S$150 cashback if you are among the first 100 new-to-UOB cardmembers to make a min. spend of S$1,500 within 30 days of card approval. Valid till 28 Feb 2022. T&Cs apply

Conclusion

Of course, such boosters and the inevitable 12/12 sales, along with the Christmas mood, may just lead to more discretionary spending. Otherwise, 12% rebate on things you were already going to buy or pay for is a very no-brainer promo to take advantage of.

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

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