Grab Power Up Challenge January 2022

New year new me? Not for Grab’s Power Up Challenge. The challenge does not seem modified from the way it was the past few months, and given that it’s a pretty good deal, many may not mind that it’s still sticking around as is. It’s a way to get up to additional rebate (up to 5%) in the form of Grab points on top of the base earn points you get (up to 1.2%) and the cashback you get for topping up your Grab (up to 1.7% cashback).

If you’re already familiar with how the Challenge works, this isn’t for you. For newcomers to the game of card rewards, however, you should familiarise yourself with this as Grab shows no signs of stopping this monthly promo, and it’s probably going to be a staple for the rest of the year.

Reward tiers

Changes: no discernible change

Top-up AmountNumber of TransactionsSpend AmountRewardSpots
$1005$1002,500 points12,000
$30010$2505,000 points7,000
$60015$5007,500 points3,000
$80015$75010,000 points1,500
$1,10020$1,00012,000 points1,500
$1,60020$1,50015,000 points1,500
$2,10025$2,00020,000 points4,500

Tap here on your phone to opt in your Challenge.

There is once again no change from the previous months. Do let me know if you have any info that is not reflected or different from the above table.

Earn rates

Changes: no discernible change

Spend AmountRewardRebate AmountRebate Percent
$1002,500 points$55%
$2505,000 points$104%
$5007,500 points$153%
$75010,000 points$202.67%
$1,00012,000 points$242.4%
$1,50015,000 points$302%
$2,00020,000 points$402%

These are on top of your base Grab earn rate, which range from between 3 to 6 points per dollar spent (0.6 to 1.2% rebate). Grab points can be boosted with things like SP GreenUP and waiting for sales.

You also get 1.5% or 1.7% cashback when you top up with certain cards (see below). 

This means your total earn rate can be as high as 7.9% (5% Power Up rebate + 1.2% base rebate + 1.7% top-up cashback).

See exclusions and full terms and conditions at Grab’s website.

Compared to spending on other cards

Since November, DBS has been running a rather similarly named spend promo called Power Up Your Savings, and that one gives an added 8% cashback on top of the usual card rewards. That is surely better than Grab’s offerings, though the spend amount may not be as suitable. Check your PayLah app for more details.

You can also get upwards of 6 to 8% cashback on other cards, so Grab’s offer may not be as enticing depending on your spending habits.

Cards to top up Grab

Get 0.3% cashback on Grab top-ups with the UOB Absolute credit card.

UOB Absolute

🔥 👍🏼

S$350 Cash credits: 
 The first 200 new-to-UOB credit card customers in June 2024 who successfully apply for an eligible UOB Credit Card between 1 June 2024 and 31 June 2024 (both dates inclusive) and spend a min. of S$1,000 per month for 2 consecutive months from their card approval date, will receive S$350 cash credit. Click here for full terms and conditions.

Terms and conditions

10% cashback:
For all new-to-UOB Credit Cardmembers who successfully apply for UOB Absolute Cashback Card by 30 June 2024, enjoy 10% cashback on the transactions charged to your UOB Absolute Cashback Card during your card approval calendar month and the following calendar month. Total bonus cashback is capped at S$100. Full terms and conditions apply.

Get 1.7% cashback on nearly anything excluding Grab top-ups which get 0.3% instead.

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