Wait, so what do I do with my GrabPay card now?
Probably lock it away in your desk drawer? Well, that’s really up to you!
There is still one good use for your GrabPay Mastercard — and it’s to pay for transactions that are usually exempted for credit card rewards.
This includes your insurance, income tax, town council fees and hospital bills.
The only reason why I haven’t ditched my GrabPay card is because it allows me to earn rebates on the above transactions, albeit in a roundabout way.
Here’s the trick: simply fund your GrabPay Wallet with credit cards which let you earn rewards for GrabPay top-ups.
Currently, only three credit cards in Singapore will let you do so.
1. UOB Absolute Cashback Card
- 1.7% cashback
- No cap or minimum spend needed
- Get S$250 worth of Grab vouchers for first-time sign-ups
2. AMEX True Cashback Card
- 1.5% cashback
- No cap or minimum spend needed
- Get rewarded with S$80 in CapitaVouchers for first-time sign-ups
3. AMEX SIA Business Card
- Only open to individuals who have a registered business in Singapore
- 1.8% cashback or 1.8 HighFlyer Points per S$1 spent on eligible purchases
- Receive S$200 statement credit for first-time sign-ups
Enjoy them while they last.
Conclusion
Despite the changes, GrabPay can still be useful to earn some rebates when you top up your wallet to transact in categories that are usually excluded from credit cards, as well as with merchants that generally don't accept credit cards such as coffee shops.
Getting a 0.3% rebate in GrabPoints on F&B merchants and a chance to win 25,000 GrabPoints may sound sad, but it’s still better than transacting in — gasp — cash and not getting anything in return.
Other than that, it doesn’t really make sense (and cents) to use GrabPay anymore, for there are other better options available out there.
Unsure of which cards to use? Allow us to point you in the right direction!
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