Saving & Spending
Nerfed: Grab Blocks Top Ups to Wallet Apps and Remittance Services
By Sethisfy  •  November 27, 2022
Yesterday, on 25th November 2022, people in the Telegram group started to note that topping up of wallet apps like Revolut using Grab was no longer working. There wasn’t a formal announcement, but Grab updated a support document to clarify that they no longer supported payments to eWallets and Remittance services. The examples given are not exhaustive, but pretty much include most of the popular apps and services people use:
  • Revolut
  • YouTrip
  • BigPay Singapore
  • ShopeePay
  • Lazada top-ups
  • Amaze
  • EZ-Link app
  • Remitly
  • Western Union
Users could previously top up their Grab to get up to 1.7% cashback (with one of these cards), then top up these other apps which do not accept Amex as a payment method, using GrabPay as a conduit for cashback. I have zero information on how the cashback is funded, but I’m hazarding a guess that it costs Grab some money for there to be cashback on Grab top ups, at least partially....
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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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