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Anonymous
Is it worth topping up $500 every month to Grabpay through my UOB One Card? Especially with the emergence of the Grabpay card increasing the liquidity of grabpoints
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Pang Zhe Liang
04 Jan 2020
Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)
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It depends on your needs. If it is usual for you to spend $500 monthly on a credit card and it is usual for you to be able to do the same for Grab, then it may be worth it.
Otherwise, it does not make sense to top up the wallet in order to spend more money to get the cash rebate.
Furthermore, 10% cash rebate is based on a spending on $2,000 monthly for a consecutive billing quarter, and not $500.
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