Saving & Spending
Grab Power Up Challenge June 2021
By Sethisfy  •  June 15, 2021
Another month has come and gone, and another Grab Power Up Challenge is upon us, and it’s a timely opportunity to farm Grab points to replace those we expended in getting discounted STAR$. The format changed in April, with a bunch of exclusions thrown in. Challenge details Since May, it appears that the challenges are offered to users based on their spending habits the last month. Here are the different tiers for 15th June to 14th July:
Top-up Amount Number of Transactions Spend Amount Reward Spots
$100 5 $100 3,000 points 8,000
$300 10 $250 7,500 points 5,000
$800 15 $750 15,000 points 4,000
$1,600 20 $1,500 20,000 points 3,000
Earn rates If you’re at the lowest spending tier of $1,000 your rebate is 3,000 points which is worth $6 at the base value of 0.2 cents each. That’s equivalent to 6% rebate. At the $250 tier, you get 7,500 points which is worth $15 at least, or 6% rebate as well. At the $750 spend tier, you get 15,000 points which is worth $30, or 4% additional rebate....
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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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