Saving & Spending
Grab 4.4 Booster – Up to 5% Rebate Isn’t Very Compelling, Unless…
By Sethisfy  •  April 4, 2022
Last year, Grab gave Boosters on 10th October, 11th November etc. where we get a nice additional scoop of Grab points for online transactions made with GrabPay. This month, we see the reemergence with Grab’s 4.4 Booster where we get up to 5% in rebates. As with previous Boosters, no opt-in is required, and the magic amount is $80 spent online, subject to some exclusions. Not very attractive Unfortunately, the rebate isn’t that attractive this time around. Perhaps it’s because it’s still early in the year as the company had previously increased the rewards as we approached the end of 2021. The 5% figure is made up of:
  • 1.2%: Up to 6 points per dollar spent (provided you are a Platinum member with Grab Rewards)
  • 0.8%: Accelerator points for spending on certain categories
  • 3%: Additional 1,200 Booster points on 4th April 2022 for online transactions of at least $80
Do see actual terms and conditions here Even totalled up, 5% isn’t that attractive a figure...
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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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