1,000 Points to Top Up Your Grab Using PayNow? Here Are Some Better Alternatives

Another sound of the death knell for credit card rewards for topping up Grab, I’m guessing, as Grab is starting to market rewards for topping up via PayNow:

My advice? Don’t bother. 1,000 GrabRewards Points are worth $2, and at $300 for 1,000 points, that’s a mere 0.67% rebate. Funnily enough, your best yield is topping up $100 to get 400 points, which is a 0.8% rebate on $100…

Here’s what you’ll get if you topped up $300 using cards that still gave you a proper earn rate on cashback or miles:

CardEarn RateRewards Received
Amex True Cashback1.5%$4.50
DBS Altitude1.2 mpd360 miles
CitiRewards Visa4 mpd1200 miles

Of course, these are “while stocks last”, and we all await with bated breath whether these rewards would continue. Speaking of which, I just topped up $2,000 into my Grab account with UOB One for the last time for 10% cashback. I’m going to miss this earn rate.

Anyway, if you want to get the Spree card and qualify as a new cardholder with StanChart, you can check out today’s new promo:


Get as much as S$436 of sign-up goodies with CMC Invest deal, and S$970 + S$20 with Moomoo welcome promo!

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