Good news: AXS accepting GrabPay Mastercard once again

Last Updated:

AXS now accepts the GrabPay Mastercard, which means a chance to earn miles or cashback on bill payments that wouldn't otherwise qualify.

Back in December 2019, AXS stopped accepting GrabPay or the GrabPay Mastercard as a payment method. This was a major downer, because it killed off the best way to earn cashback or miles on bill payments that otherwise wouldn’t earn them.

But here’s the good news: Effective 10 May 2021, GrabPay payments via AXS have been re-enabled. GrabPay is once again accepted for all AXS transactions, except credit card bills and loan payments.

This works across both the e-Station (desktop browser) and m-Station (mobile app), with a per transaction payment limit of S$500. 

Using GrabPay with AXS

I’m using the m-Station, but the steps for e-Station are almost the same

To make an AXS payment with GrabPay, simply select the billing organization and enter your details as per normal. On the payment selection screen, select “credit card”, then “other banks”. 

Enter your GrabPay Mastercard details, then the OTP.

That’s it. You’ll see the transaction reflect in the “recent transactions” section of the Payment tab in the Grab app. My IRAS account balance was updated immediately. 

A few points to note:

  • AXS payments do not count towards the various GrabPay Power Up promos or Challenges
  • GrabRewards points will not be awarded for AXS transactions
  • The maximum transaction you can make with the GrabPay Mastercard on AXS seems to be capped at S$500. If your bill is more than this, split it up into multiple transactions
  • If you make ad-hoc payments to IRAS while on a GIRO payment plan, your subsequent month’s deduction will be reduced by that amount. For example, if my monthly installment is S$1,000 and I pay S$300, GIRO will deduct S$700 (assuming my ad-hoc payment is received before the deduction date)

Why use GrabPay with AXS?

The simple reason to use GrabPay with AXS is because it lets you earn miles or cashback on transactions that otherwise wouldn’t qualify. For example:

  • Condo fees
  • Memberships
  • Insurance premiums
  • IRAS tax 
  • Season parking
  • Town councils
  • Utility bills (but keep in mind some credit cards still earn points for this)

The key is topping up the GrabPay wallet with the right card. While the vast majority of credit cards no longer offer rewards for GrabPay top-ups, there are three exceptions I’m aware of:

CardEarn Rate
AMEX SIA Business Card
Apply
1.8 mpd
AMEX True Cashback Card
Apply
1.5% cashback
UOB Absolute Cashback Card
Apply
1.7% cashback

It’s very simple. 

  1. Top up your GrabPay wallet with one of the above cards
  2. Use your GrabPay Mastercard to make payment via the e-Station or m-Station for your bill
  3. You’ve effectively earned 1.5/1.7% cashback or 6.8 mpd on your bill

The main thing to note is that Grab imposes the following transaction limits:

  • Single transaction limit: S$5,000
  • Daily transaction limit: S$5,000
  • Monthly transaction limit (calendar month): S$10,000
  • Annual transaction limit (calendar year): S$30,000

I hold an AMEX Singapore Airlines Business Card, and intend to use the full S$1,000 cap from the AMEX offer on income tax payments. It’s a whopping 6.8 mpd, at no cost to me. That’s even better than Citibank’s otherwise excellent PayAll offer- nothing beats free!

That card won’t be for everyone (since you need an ACRA business number to register), but you can otherwise use the UOB Absolute Cashback Card to save up to S$510 per year (1.7% of S$30,000) on transactions that would normally have to be paid in full. I’ve written about this card in more detail here.

New UOB Absolute Cashback Card: 1.7% cashback with no caps, no exclusions

Conclusion

The revival of GrabPay on AXS is fantastic news, as it’s basically a 1.7% discount of all your bills should you have the UOB Absolute Cashback Card. I’d give this card a ringing endorsement now, especially if you don’t qualify for the AMEX Singapore Airlines Business Card. 

If only the Citi Rewards were alive to see this.

Aaron Wong
Aaron Wong
Aaron founded The Milelion to help people travel better for less and impress chiobu. He was 50% successful.

Similar Articles

Comments

Subscribe
Notify of
guest

36 Comments
Oldest
Newest
Inline Feedbacks
View all comments
Wei

Hi Aaron, I think the Amex HighFlyer promo you are referring to, is for a cap of 5,000 HighFlyer points (i.e. $1000 spend, not $5000 as in the article).

Kelvin

Hi Aaron, thanks for sharing the great news!
Question: Let’s say my income tax is on monthly Giro and deduction date falls on 7th of every month. If I made the monthly payment via AXS a few days in advance, is it true that the Giro deduction will not carry out, since I paid for that month already?

Nivlek

No, the GIRO deduction will continue until the tax is fully paid.

Kelvin

According to mainly miles

https://mainlymiles.com/2021/05/03/paying-your-income-tax-by-monthly-instalment-with-cardup-and-ipaymy/

He says:

You’ll have to keep the GIRO arrangement with IRAS in place, which might seem a little counterintuitive, but don’t worry – provided your account credits via CardUp make it into your IRAS account first, the GIRO will not be deducted.

Can confirm?

wwiz

Yes, so long as it is in time, GIRO will not take place or will GIRO less (if you did not pay the full GIRO amount). If not in time for current month, it will take effect for next month.

Platypat

Hi Aaron, i think this is not true. Just sharing, i paid my taxes on the 1st but on the 6th they still debit from my bank account as usual. I wonder if others have the same experience?

msflyer

Why they restrict to $500 per transaction?

Kwek Zheng Yu

Hi Aaron, great content as always – I was just wondering, for someone who does not have any of the above 3 credit card mentioned, an alternative would be to top up your GPMC using your usual credit cards (e.g. UOB One, Citi Premier Miles), which obviously won’t earn you any miles/cashback.

However, when you then use the GPMC to pay your income tax or road tax, you will earn GrabRewards points, which is better than nothing.

SL Quek

Hi Aaron,
I did a “test” payment to IRAS and there is no GrabRewards points. Not surprising as it was indicated in your post above. I was wondering, since UOB Absolute has no exclusion, one can pay direct to IRAS (etc) without going through GPMC and still get the 1.7% cashback?

Anyway, keep up the great job you are doing now 😀

SL Quek

Ok, sorry, my bad. AXS does not accept AMEX.

L B

Hi Aaron! Assuming my tax payable is $10k, can I do multiple transactions of $500 till it hits $10k?

BSLTW

Does it work with just Grabpay ? (don’t have GPMC)

BSLTW

Thanks ! I give it a try

J N

hahah love the final sentence. Long live CRV at least for everything online purchase

Jam

Hi, just sharing experience. I just did tax payment with Grabpay mastercard via AXS and there was no limit of $500 per transaction; I could make payment of a few thousand dollars at one go. However, AXS rejected the transaction a few times when I tried selecting debit card as the payment method, but it went through when I changed the selection to “Credit Card” instead. Hope this helps the rest…

Last edited 1 year ago by Jam
Jeric

Thanks for the info, i was having the same problem

Kay

Thanks for the info, this just worked for me too!

Gina

Just tried using the AXS app to pay for insurance payment and there was no grabpay option. Even the credit and debit card options all have to select specific banks and grab pay wasn’t one of them.

Gina

thank you!

Sean

Seems restrictions for grab pay card on AXS has increased, my transaction for 1.2k went through. So it might be higher now.

Wee

Does this still work? Been trying since yesterday (8 Oct) and it stopped working

Yukino

It works. I just made a payment to insurance yesterday using Grappay card via AXS. However, Grabpoints are no longer awarded for AXS transactions. Hence, it’s no difference from using any other credit card.

Last edited 1 year ago by Yukino
Maxout

The difference is when you use your absolute cash back card of uob or Amex cash back card to top up Into grabpay wallet . You will save 1.7/1.5% there already

GGT

I don’t think it’s working anymore right? it says “Only Debit Cards are accepted” after following all the aforementioned steps.

DJF94

You should select ‘Credit card’ / Other banks and that will work. I just did it.
AXS message about “Only Debit Cards are accepted” is misleading.

Lewis

Is there a way to increase the $30,000 spend per calendar year?

Buaytuckchek

Does AXS machine using Grabpay /Grabpay Master Card still work for CPF Topup and IRAS income tax?

CREDIT CARD SIGN UP BONUSES

Advertisment

Featured Deals

Advertisment

Follow us

7,110FansLike
2,641FollowersFollow

TAGS