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GrabPay wallet update: You can now make transfers to your bank account Here s everything to know

February 15, 2021 Lianhe Zaobao At long last, GrabPay allows you to cash out your balance. How does this work, and what are the implications?  While the widespread adoption of GrabPay and the introduction of the GrabPay Mastercard has made your Grab wallet balance ‘as good as cash’, there’s always been that niggling little qualifier- “as good as”.  That’s why no one likes to be paid back with GrabPay. Once a dollar is within the GrabPay ecosystem, it’s stuck there and you’re committing to spend it in one way or another. It’s not possible to withdraw the money to a bank account, and therefore you don’t have complete autonomy over what you do with it.

Razer Fintech launches new Visa prepaid card: Are you 1337 enough for it?

February 04, 2021 Twitter/verge Razer Fintech has partnered with Visa to launch the prepaid Razer Card, which literally lights up when you pay. How do its features and rewards compare to other cards on the market? Razer Fintech has never made a secret of its ambitions in the payment space. This week, the local tech giant took a big step forward with the launch of the Razer Card, a prepaid Visa solution that awards cashback on daily purchases.  Only 1337 cards will be issued during the beta phase from now till Dec 31, 2020 (and if you need to ask ‘why 1337’, you’re clearly not their target audience). The beta phase was extended till Jan 31, 2021, with no word on when a full rollout will happen.

Best supplementary credit cards to gift your partner or kids

First 5 cards free UOB PRVI Miles American Express Card First 2 cards free $128.40 per card thereafter 20,000 miles with spend of $50,000 per year UOB One Card Spend $2,000/month for 3 consecutive months and earn 5per cent cashback Spend $500 or $1,000/month for 3 consecutive months and earn 3.33 per cent cashback Citi PremierMiles Visa Card Free 1.2 miles per dollar on local spends 2 miles per dollar on overseas spends Miles never expire OCBC 365 Credit Card Free for up to 2 years $96.30 thereafter 6 per cent cashback on dining and online food delivery 3 per cent cashback on transport and recurring telco bills HSBC Advance Credit Card First 5 card free 2.5 per cent cashback when you spend more than $2,000 per month1.5 per cent cashback when you spend $2,000 or less per month

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