Back in March, American Express excluded GrabPay top-ups from earning rewards on all cards except the AMEX True Cashback Card. This, coupled with Visa and Mastercard’s MCC reclassifications, spelled the end of rewards for GrabPay top-ups on virtually every card out there.
But here comes a plot twist: From now till 10 May 2021, American Express cardholders can once again earn points and miles on this most elusive of transactions. And no, it’s not a loophole or workaround; it’s an official AMEX Offer.
|❓ What are AMEX Offers?|
AMEX Offers are opportunities to earn bonus miles or Membership Rewards points, or discounts in the form of statement credits. These are available to Platinum, True Cashback, and KrisFlyer cobrand cardholders, and can be found in the “Offers” section of the AMEX app or web portal.
Registration is required, and some offers may be targeted. These are not applicable to DBS/Citi/UOB AMEX cardholders.
Earn up to 1 mpd on GrabPay top-ups with American Express credit cards
From 10 November 2020 to 10 May 2021, American Express cardholders can register their card in the AMEX app or online banking and earn points/miles on GrabPay top-ups.
Miles or points should appear in your account within 5 business days from qualifying spend.
AMEX KrisFlyer Cards: 1 mile per S$1
American Express Singapore Airlines credit cards will earn a flat 1 KrisFlyer mile per S$1, capped at 5,000 miles throughout the entire period.
There is an overall cap of 25,000 registered American Express Singapore Airlines credit cards.
|AMEX KrisFlyer Ascend||1 mpd||5,000 miles|
|AMEX KrisFlyer Credit Card||1 mpd||5,000 miles|
|AMEX KrisFlyer PPS Card||1 mpd||5,000 miles|
|AMEX KrisFlyer Solitaire PPS Card||1 mpd||5,000 miles|
AMEX Membership Rewards Cards: 1 MR point per S$1
American Express cards that earn Membership Rewards points will earn a flat 1 Membership Rewards point per S$1, capped at 5,000 points throughout the entire period.
There is an overall cap of 15,000 registered cards.
|AMEX Centurion||0.63 mpd||3,125 miles|
|AMEX Platinum Charge||0.63 mpd||3,125 miles|
|AMEX Platinum Reserve||0.56 mpd||2,778 miles|
|AMEX Platinum Credit Card||0.56 mpd||2,778 miles|
|AMEX Rewards Card||0.56 mpd||2,778 miles|
AMEX CapitaCards: 5 STAR$ per S$1
American Express CapitaCards will earn 5 STAR$ per S$1, capped at 25,000 STAR$ throughout the entire period.
There is a cap of 15,000 registered American Express CapitaCards.
|AMEX CapitaCard||5 STAR$ per S$1||25,000 STAR$|
What should you use GrabPay for?
Now that rewards are back in the picture, the utility of GrabPay increases significantly. In this particular case, it’s a good way to circumvent restrictions on AMEX acceptance- simply top-up your GrabPay balance, then use the GrabPay Mastercard to make payment.
This is an easy way to earn points on tricky categories such as:
Once you’ve topped up your GrabPay balance, be careful how you use it! Don’t waste it on merchants where you could just as well earn 4 mpd with other credit cards. Conserve it for situations where earning points with regular credit cards is impossible.
A S$5,000 GrabPay balance should cover most of your insurance premium payments till May, as well as any education/government transactions you might have.
Make the most of it!