Best Credit Cards for Grab Rides in Singapore (2024)

If you don’t own a car, you probably rely on public transport and Grab rides (more frequently than you’d like to admit) to get around. In that case, you should arm yourself with one of these best credit cards for Grab to get cashback and miles for your Grab expenditure.

Masthead Image

Singapore's Best Credit Cards for Grab (2024)

Your monthly Grab statement is super high. How can you save by getting cashback and miles?

Standard Chartered Credit Card Cashback

MoneySmart Exclusive
EARN SMARTPOINTS | Up to 6% Cashback
MoneySmart Exclusive
EARN SMARTPOINTS | Up to 6% Cashback

Standard Chartered Smart Credit Card

Cashback from Netflix, Spotify, fast food joints and more. *T&Cs apply.
6%*
Annual Fee
S$0
Minimum Spend
S$0

Earn up to 1,890 SmartPoints or up to S$250 cash* when you apply, and spend a minimum of S$200 in "Qualifying Spends" within 30 days from card approval date, followed by another S$1,000 in "Qualifying Spends" within the following 30 calendar days.

Customers who choose SmartPoints will be free to choose ANY gift of choice at our Rewards Store. Enjoy ultimate flexibility today! T&Cs apply.

Valid until 29 Feb 2024

UOB One Card Grab Cashback

MoneySmart Exclusive
Get up to 15% Cashback | S$50 CASH BONUS
MoneySmart Exclusive
Get up to 15% Cashback | S$50 CASH BONUS

UOB One Card

Cashback on McDonald's, DFI Retail Group, Grab, Shopee, SP and more
Up to 10%
Cashback Cap per quarter
S$500
Min. Spend per month
S$500

[FLASH DEAL: S$50 Cash Bonus]
Secure an extra S$50 Cash via PayNow on top of the online promotion by being one of the first 100 successful claims to apply through MoneySmart! T&Cs apply.
 
PLUS get up to 15% Cashback and S$350 Grab Vouchers from UOB when you successfully apply for an eligible UOB Credit Card and spend a min. of S$1,000 for 2 consecutive months from card approval date. T&Cs apply!

Valid until 29 Feb 2024

In terms of getting cashback from your Grab rides, UOB One is the best because it allows you earn an additional 5% on all Grab transactions (including GrabPay!).

Spending $2,000 a month consistently for 1 calendar quarter entitles you to a flat payout of $300, equivalent to 5%. If that amount is too high, a spend of $500 generates a rebate of $50 while $1,000 generates $100.

American Express KrisFlyer Card Air Miles on Grab Spend

Online Promo
Convenience & Perks for Frequent Flyers
Online Promo
Convenience & Perks for Frequent Flyers

American Express Singapore Airlines KrisFlyer Ascend Credit Card

Local Spend
S$1 = 1.2 Miles
Overseas Spend
S$1 = 2 Miles
on Eligible Grab transaction, capped at $200 per month
S$1 = 3.2 Miles
Online Promo:
New American Express cardholder can get S$300 eCapitaVouchers AND up to 17,000 KrisFlyer miles (enough to redeem a Return Trip to Bali*) when you pay the card's annual fee and spend a min. of S$1,000 within the first month of card approval.

Existing cardholders can get S$150 eCapitaVouchers AND up to 17,000 KrisFlyer Miles (enough to redeem a Return Trip to Bali*) when you pay the card's annual fee and spend a min. of S$1,000 within the first month of card approval. T&Cs apply.
Valid until 28 Feb 2024

The base rate of American Express KrisFlyer card is 1.1 for every $1 spent, which is not great, but you earn an additional 2 KrisFlyer miles for every $1 spent, which is effectively 3.1 miles.

The effective mpd for Amex KrisFlyer Ascend Credit Card is 3.2, while Amex PPS Club or Solitaire PPS credit card gets 3.3 miles. Top-ups to GrabPay also qualify.

You get 500 bonus KrisFlyer miles when you pay for your first Grab app. Set your credit card as a default payment card on the Grab app.

OCBC 365 Grab Cashback

High Spend on Dining
High Spend on Dining

OCBC 365 Credit Card

Cashback on Everyday Dining (Including Local, Overseas and Online Food Delivery)
5%
with min. spend of $1,600 per month
Unlock up to $160 Cashback
with min. spend of $800 per month
$80 Cashback per month

OCBC 365 isn’t the most generous card out there, but it offers cashback on a wide variety of categories. For Grab, Gojek, RYDE, TADA as well as local and overseas taxi, you get 3% cashback.

The other categories that you can get cashback on are local and overseas dining (6%), local and overseas groceries (3%), fuel spending (up to 22.1% at Caltex, up to 20.4% at Esso), recurring telco bills (3%), recurring electricity bills (3%) and online travel (3%).

Maybank Horizon Visa Signature Card Air Miles on Grab Spend

on Air Tickets and Foreign Currency Spend
S$1 = 8X Points
Min. Spend per month to unlock 7X Points
S$800
Rewards to Miles Conversion for Selected Airline Parnters
1 Point = 0.4 Miles

Maybank Horizon Visa Signature Card gives you a higher than average $1 = 3.2 miles for dining, petrol and taxi fares (including Grab!).

It's also a great card to own for frequent travellers as overseas expenditure earns 2 miles per $1. It’s not an entry-level card, however. The annual income requirement is $50,000 for locals and $60,000 for foreigners. There’s a annual fee waiver if you spend $18,000 annually.

7 Credit Cards for Grab Rides in Singapore (2024)

Credit Card Grab cashback/miles Min spend per month Monthly cap
UOB One Additional 5% rebate (up to 10%) on all Grab transactions$500 / $1,000 / $2,000 Depends on tier
UOB YOLO 8% cashback on Grab rides $600 $60
Maybank Family & Friends Up to 8% cashback on transport $500 / $800 $80
OCBC 365 3% cashback on local and overseas rides $800 $80
Maybank Horizon Visa Signature $1 = 3.2 miles $300 12k miles
Citi Lazada $1= 4 miles for Grab, $1 = 4.8 miles for Lazada None 4k miles
American Express Credit Cards $1 = 3.3 miles None $200

How do you choose a good credit card for Grab rides?

Generally, there are two types of credit cards that are suited for paying telco bills: cashback and air miles.

Cashback cards for Grab

The best cards to use for paying for your Grab rides are: UOB One, UOB YOLO and Maybank Family & Friends. They offer up to 8% to 10% cashback, with some conditions.

Air mile cards for Grab

To earn air miles from your grab expenditure, the 3 best cards to use are: Maybank Horizon Visa Signature, Citi Lazada and American Express KrisFlyer (or any other AMEX card you qualify for).

Frequently Asked Questions

Which credit card gives the most cash back for Grab?

If you are able to spend $2,000 consistently within a calendar quarter, UOB One gives up to 10% cashback as there is an additional 5% for Grab transactions (including GrabPay). The UOB YOLO is also a good card as it offers 8% Grab cashback on weekends ($600 minimum spend). Another card that also offers 8% is the Maybank Friends & Family Card, but you need to spend a minimum of $800.

Does Grab accept credit cards?

Yes! Whether you are booking your ride, ordering a meal on GrabFood or completing any other transaction on Grab, the payment methods options are cash, credit card (VISA or MasterCard), GrabPay and Paypal. You simply need to key in your credit card information. Use the right credit card and get 8% to 10% cashback!