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 Amount	Number of Transactions	Spend Amount	Reward	Spots
$100	5	$100	2,500 points	12,000
$300	10	$250	5,000 points	7,000
$600	15	$500	7,500 points	3,000
$800	15	$750	10,000 points	1,500
$1,100	20	$1,000	12,000 points	1,500
$1,600	20	$1,500	15,000 points	1,500
$2,100	25	$2,000	20,000 points	4,500

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 Amount	Reward	Rebate Amount	Rebate Percent
$100	2,500 points	$5	5%
$250	5,000 points	$10	4%
$500	7,500 points	$15	3%
$750	10,000 points	$20	2.67%
$1,000	12,000 points	$24	2.4%
$1,500	15,000 points	$30	2%
$2,000	20,000 points	$40	2%

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 1.5% cashback on Grab top-ups with the Amex True Cashback Card.

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