How to choose the best credit cards for Grab rides

Compare credit cards that offer reward benefits on Grab ride spending.

Last updated:

Grab offers a range of services, including ride-hailing and food delivery, across Singapore and Asia. Many people rely on Grab every day, yet aren’t aware that they could be earning extra credit card rewards while doing so.

Read on to compare credit cards that offer rewards on Grab spending, learn about the different types of rewards and how to link your card to Grab.

Compare credit cards for Grab rides

Name Product Reward Grab Offer Annual Fee Min Income - Singaporean and PR
UOB Yolo Card
Enjoy up to 8% cashback on dining, travel, shopping and entertainment. Plus, a further 3% cashback on online travel bookings and fashion shopping.
S$0 annual fee for 1 year - S$192.60 thereafter
S$30,000
Apply today and enjoy up to 8% cashback on dining, travel, shopping and entertainment. Plus, a further 3% cashback on online travel bookings and fashion shopping.
American Express Singapore Airlines KrisFlyer Credit Card
For every S$1 spent, get up to 1.1 KrisFlyer miles on all eligible purchases, 2 miles in foreign currency spent overseas (June and December) and 3.1 miles on Grab Singapore transactions (up to S$200 spend in each calendar month).
Earn 3.1 KrisFlyer miles for every S$1 spent on Grab transactions (max. S$200 spend per calendar month). Plus, 500 bonus KrisFlyer miles on your first Grab booking. T&Cs apply. Ends 31 Dec 2019.
S$0 annual fee for 1 year - S$176.55 thereafter
S$30,000
Earn 8,000 bonus KrisFlyer miles when you spend S$5,000 in the first 3 months of card membership and additional 8,000 KrisFlyer miles with minimum spend of S$5,000 in the 4th to 6th month of membership. Ends 30 April 2020.
American Express Singapore Airlines KrisFlyer Ascend Credit Card
For every S$1 spent, get up to 1.2 KrisFlyer miles on all eligible purchases, 2 miles in foreign currency spent overseas (June and December) and 3.2 miles on Grab Singapore transactions (up to S$200 spend in each calendar month).
Earn 3.1 KrisFlyer miles for every S$1 spent on Grab transactions (max. S$200 spend per calendar month). Plus, 500 bonus KrisFlyer miles on your first Grab booking. T&Cs apply. Ends 31 Dec 2019.
S$337.05 annual fee
S$50,000
Earn 16,000 KrisFlyer miles when you spend S$10,000 within the first three months and an additional 12,000 KrisFlyer miles based on 1.2 KrisFlyer miles per S$1 spent locally. Ends 30 April 2020.
Maybank Family & Friends Card
8% cash rebates on groceries, dining, transport and selected merchants with S$800 min. monthly spend
Get 8% cash rebate on Grab rides throughout the year. T&Cs apply.
S$0 annual fee for 3 years - S$180 thereafter
S$30,000
Receive an American Tourister Linex 66/24 Luggage TSA (worth S$260) when you charge to your card or withdraw from your CreditAble account with a minimum of S$300 within the first 2 months.
Maybank Horizon Visa Signature Card
Up to 3.2 Air Miles (8X TREATS Points) for every S$1 spent on dining, transport and hotel bookings via Agoda.com/horizon
Earn 3.2 Air Miles (8X TREATS Points) for every S$1 spent on Grab rides.
S$0 annual fee for 3 years - S$180 thereafter
S$30,000
Receive an American Tourister Linex 66/24 Luggage TSA (worth S$260) when you charge to your card or withdraw from your CreditAble account with a minimum of S$300 within the first 2 months.

Compare up to 4 providers

What is Grab?

Grab is a company that offers a number of services based around transport. Primarily it is a ride hailing service that allows users to book, track and pay for transport. You can book a taxi, a shared lift or even hire your own vehicle through Grab. Services are extended to bikes and shuttles, and all bookings can be made from a mobile device. Grab also offers a food delivery service via the mobile app that lets you order from a wide selection of cafes and restaurants.

How do credit card Grab promotions work?

There are three main ways in which grab credit card promotions work. These are:

  • Cashback. Credit cards can offer you cashback on your Grab expenses. These rewards are typically calculated as a percentage of spend. Credit cards may offer “bonus cashback” when you use Grab. This means you’ll accumulate savings at a higher rate with Grab spend than with other spend. Be sure to check the terms and conditions of your card to find out whether there are any caps on cashback rewards.
  • Accelerated points. Some credit cards will offer you accelerated points earning on Grab spend. For example, you may have a rewards credit card that regularly offers you one reward point for every S$1 spent, but offers you 2 rewards points for every S$1 of Grab spend. If you’re a regular Grab user, this can be a great way to quickly accumulate rewards points.
  • Accelerated miles. If you’re a frequent flyer or saving for your next holiday, you may want to consider a credit card reward that offers accelerated air mile earning. This means that every time you spend with Grab, you’ll earn air miles at a higher rate. If you regularly catch Grab rides or use Grab to order dinner a couple of nights a week, you could quickly accumulate enough air miles for a trip overseas.

How to choose the best credit card for Grab rides

When choosing a credit card that offers rewards on Grab spend, be sure to consider:

    • Grab privileges. Credit cards may offer varying levels of Grab privileges. If you can find a credit card that offers a high rate of cashback as a welcome offer, grab it while you can.
    • Minimum spend requirements. Some rewards only kick in if you reach a minimum monthly spend. If you want to maximise your rewards, be sure to choose a card that has no minimum monthly spend requirements or a threshold that you know you’ll be able to meet.
    • Card fees. When looking for a credit card it’s best to check for any sign-up fees, annual fees, late payment fees and cash advancement charges. Even no-fee credit cards are likely to have some charges, even if it is only the interest rate charges on overdue balances. Always read the terms and conditions associated with a credit card before signing up.

Linking your chosen credit card to Grab is a very simple process. You’ll have to:

      1. Download the Grab app
      2. Select “GrabPay” from the menu
      3. Select “Add payment method”
      4. Choose credit card (or debit card if preferred)
      5. Enter your card details and click “save”

Once you have linked your card to the Grab app you can begin booking car rides or other orders. Grab also offers “GrabPay credits” which are prepaid and can be shared between users.

Bottom line

Grab offers a range of convenient services, from ride-hailing to food delivery. If you find yourself using Grab regularly, a credit card that offers rewards on Grab spend could save you money. If you’re ready for a credit card that is partnered with Grab, start comparing your options today.

Back to top

Frequently asked questions

Image: Grab Singapore

Ask Finder

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy Policy and Terms.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site