The usefulness of GrabPay and GrabPay MasterCard has been on a clear downward spiral since late last year:

  • 16th Dec 2019: AXS blocks all payment via GrabPay and GrabPay MasterCard
  • 18th Dec 2019: Mastercard reclassifies Grab top-ups, excluding Mastercard cards from getting rewards
  • 1st Mar 2020: Amex to stop giving miles for Grab top-ups (cashback is still applicable)
  • 2nd Mar 2020: GrabRewards nerfed (from 10 to 4 points per dollar spent)
  • 16th Mar 2020: UOB One stopped giving cashback on Grab top-ups

We can add one more final nail to the coffin with the newest bullet point:

  • 17th Jul 2020: Visa reclassifies Grab top-ups, excluding Visa cards from getting rewards

For the uninitiated, Grab top ups have been excellent for two main reasons: firstly, conditional cards used to give high cashback/miles when you topped up your Grab account. You can then spend these credits anywhere, thus bypassing the pesky conditions high earn rate cards tend to have. This allows the

Advertisements