Saving & Spending
Huge Nerfs to GrabRewards: How I’m Dealing With 135,598 Points
By Sethisfy  •  January 21, 2020
Tl;dr: spoiler alert – not in a rush to spend all my GrabRewards points; the earn rate is nerfed much more than the redemption rates. Continue earning 10 Points per dollar now before 2nd March. Grab is updating their rewards programe for the worse – a lot worse. Here are three ways GrabRewards is becoming suckier on 2nd March 2020: Earn rate will become 4 points per dollar (from 10 per dollar)Redemption cost will become 5,000 points for $10 off (from 3,600 points) Higher value redemptions of $15, $20, and $25 are going away Let’s get one thing out of the way: fortunately, the top-up game continues. GrabPay MasterCard remains the top-of-class card to use right now with 10% cashback or 4 miles per dollar on any transaction, and then some more rewards in form of GrabRewards points. We are just going to live with fewer points...
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By Sethisfy
As an adult, I’ve been through many ups and downs in my career path and personal finance journey, not unlike many Singaporeans. From my years as a tied insurance agent turned independent financial adviser, I realised that there are very few sources of proper, unbiased financial advice for working adults to access. Worse, self-styled “financial consultants” are selling products like savings plans and ILPs to the detriment of the clients whose interests they were supposed to serve.
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