Itโs been a while since the last GrabRewards Flash Sale (or maybe Iโve just not been paying attention), but Grab has now launched a 30% pointsback sale on selected rewards that runs from now till 14 January 2022 (or while stocks last).
This sale can be accessed through the rewards section of the Grab app.
Get 30% pointsback on selected redemptions
GrabRewards users who redeem the following rewards up till 14 January 2022 will receive a 30% points rebate.
| Voucher | Regular Price | Flash Sale Price |
| 3 months HBO Go subscription | 7,350 | |
| S$20 Coinhako | 7,000 | |
| S$20 Lazada | 7,000 | |
| S$10 Qoo10 | 3,500 | |
| S$10 Razer Gold | 3,500 | |
| S$10 ZALORA | 3,500 | |
| S$10 Ezbuy | 3,500 | |
| XXL Chicken | 1,770 | |
| S$5 Giant | 1,750 |
Some of these rewards are currently listed as โsold outโ, but based on past experience, they may be restocked. Itโs worth checking back now and then, if you see something you really like.
Note that this is a rebate, not a discountโ you canโt redeem a 2,500 points voucher if you have 2,000 points, for example, notwithstanding the fact the nett cost of the voucher is actually 1,750 points (70% of 2,500).
The 30% pointsback is credited instantly to your GrabRewards balance with no action required from you. Limited redemptions are available for each of these rewards; the cap can be found under the individual itemโs T&Cs.
Is it worth it?
A 30% pointsback sale is slightly weaker than what we usually see; hereโs some past data points for comparison:
- Aug 2021: 35% pointsback on selected rewards
- July 2021: 25% pointsback on selected rewards
- June 2021: 35% pointsback on selected rewards
- May 2021: 35% pointsback on selected rewards
Itโs all good and well if you have a big stash of points youโve been meaning to cash out, but otherwise, you might want to wait till a future sale.
How are GrabRewards points awarded?
As a reminder, hereโs how many GrabRewards points youโll earn, depending on your membership tier and method of payment.
| Points per S$1 Spent |
|||
| Member Tier | GrabPay Wallet | Credit/ Debit Card | Cash |
| Member | 3 | 1 | 0 |
| Silver | 3 | 1 | 0 |
| Gold | 4.5 | 1.5 | 0 |
| Platinum | 6 | 2 | 0 |
GrabPay wallet balances can now be cashed out to a bank account, provided the balance wasnโt topped up via a credit card. Believe it or not, thereโs still a handful of cards out there offering rewards for GrabPay top-ups:
| ๐ณ Cards for GrabPay Top-Ups | ||
| Card | Earn Rate | Remarks |
 AMEX SIA Business CardApply |
1.8 mpd | Only for owners of SMEs |
 AMEX True Cashback CardApply |
1.5% cashback | No cap |
 UOB Absolute Cashback CardApply |
1.7% cashback | No cap |
Conclusion
I typically redeem STAR$ during these flash sales for greater flexibility, but theyโre not available during this sale so I might sit it out.
1 GrabRewards point is normally worth 0.2 cents, but with the 30% pointsback youโre effectively getting 0.29 cents per point with these rewards.
