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GrabPay Card is neither a credit card nor debit card. Instead, GrabPay Card is a prepaid Mastercard. That means, you will have to first top up your GrabPay wallet before you will be able to spend on your GrabPay Card.
You will be able to use your GrabPay Card at all your usual restaurants, online shops, supermarkets overseas or in Singapore – basically anywhere that accepts Mastercard.
Use your GrabPay Card at all online and offline stores that accept Mastercard. Also, enjoy GrabPay promos and deals.
When you spend on your GrabPay Card, you will be able to collect GrabRewards Points – up to 6 points per $1 spent.
You'll be able to automate your GrabPay wallet top up and track your spending on your GrabPay account.
|Benefit||GrabPay Card||Credit Cards|
|Reward Points||Increases with your Grab membership status – 3 points for normal and Silver, 4.5 points for Gold, 6 points for Platinum||Usually fixed with conditions such as 5 points per dollar spent at dining establishments or 10X, with a cap of 20,000 points per year etc.|
|Promotions||On top of the Grab membership rewards tier, there are GrabPay and Mastercard promos and deals that you can keep track of to enjoy more savings.||Similarly, usual credit cards come with seasonal promotions and privileges that you will get to enjoy – such as 1-for-1 deals, vouchers, or additional discounts|
|Billing||Prepaid – meaning you will need to first top up your GrabPay wallet with sufficient value before you can spend on your GrabPay Card||Credit – meaning you will be able to spend up to a stated maximum amount (e.g. S$5,000) per month and pay it off afterwards at the end of the month|
|Where To Use||You will be able to use your Grab card at all shops that accept Mastercard||Similarly, depending if your credit card is associated with Visa, Mastercard, AMEX, or UnionPay etc., you will be able to use your card at merchants that accept these cards|
|Fees||No annual fees. However, you'll be charged a S$10 fee if you request for a physical GrabPay card to be delivered to you, a S$10 replacement fee, overseas ATM, foreign currency fees.||Most credit cards will charge you an annual fee (which you should call in to waive), replacement, overseas ATM, foreign currency, late payment fees.|
|PayWave||The GrabPay Tap & Pay function is still under testing for select android users – after which you will be able to enable the function via your GrabPay Card app||Most (of the new) credit cards will automatically come with the PayWave function|
|Physical Card Fee||S$10 or 5,000 GrabRewards points (refundable deposit)|
|Card Replacement Fee||S$10 (waived for fraud cases)|
|Card Renewal Fee||S$0|
|Overseas ATM Withdrawal Fee||S$5|
|Foreign Currency Transaction Fee||2%|
|Cross Border Processing Fee||1% (for overseas transactions charged in SGD)|
Your GrabPay Card number and details will not be printed on the physcial card. Instead, only you will be able to see your card details in your Grab app
If you pay your monthly phone bills with your GrabPay Card, you will get to enjoy free Mobile Phone Protection coverage
Set a spending budget and strictly top up that amount to your GrabPay Card. Then, receive real-time notifications on your expenditure and balance
You'll be able to earn GrabRewards points based on your current GrabRewards tier – 3 points per S$1 spent for normal or Silver members, 4.5 points per S$1 for Gold members, and 6 points per S$1 for Platinum members. You can then track and redeem your points with ease within the Grab app.
If you're travelling abroad and using your GrabPay Card overseas or if you're shopping online on an overseas website, do note that you will be charged 3 things – the actual amount you spent, a 2% foreign currency conversion fee, and a 1% processing fee. You'll be able to view the currency conversion rate after you've made the transaction
If you're not a Grab user yet, download the Grab ride-hailing app on your iOS or Android mobile device. Then, sign up and register for a Grab account.
If you're already a Grab user, open your Grab app, click on "Payment" from the bottom menu. Then, go to your GrabPay wallet and select "Get your GrabPay Card now".
Follow the instructions on the app to complete your digital GrabPay Card application. Afterwards, do remember to top up your Grab wallet to start using the GrabPay Card.
Now that you've activated your digital GrabPay Card, you can then request for a physical GrabPay Card via your Grab app You will have to pay a S$10 or 5,000 GrabRewards points as deposit.
You will then have to verify your mailing address, and you will receive your physical GrabPay card between 7 and 10 working days.
If you can't seem to find the option to "Request Physical Card" in your Grab app, fret not. The physical GrabPay Card function is still in the midst of launch and not everyone has access to this option just yet.
How to top up your GrabPay wallet so you can use your GrabPay card? You can top up your GrabPay wallet via a transfer from your bank account, via your Visa credit card (at S$1 per transaction, free for S$400 and up), Visa debit card (free), Mastercard or American Express cards (free).