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GrabPay gears up for 8.8 deals

GrabPay gears up for 8.8 deals
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How to dodge Grab's newly announced $1 fee on GrabPay top-ups


Transfers from other GrabPay users
Bank account top-ups via PayNow VPA or linked UOB accounts
In fact, there’s very little reason why you’d want to use a Visa credit card to top-up your GrabPay wallet anyway.
Visa’s reclassification of GrabPay top-ups as MCC 6051 (quasi cash transactions) in July 2020 effectively killed off the prospect of earning rewards, because virtually every bank considers this an exclusion category.
For example, it would make no sense at all to use your DBS Altitude Visa to top-up your GrabPay wallet and then pay with GrabPay, since you could have earned your regular rewards by just paying with the DBS Altitude Visa directly.  ....

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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. ....

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