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- Moneymax Reviews: Grab More Rewards with Citi Grab Credit Card
Moneymax Reviews: Grab More Rewards with Citi Grab Credit Card
Published: October 4, 2021 | Updated: January 7, 2022 | Posted by: Ricky Publico | Credit Card
Published: October 4, 2021
Updated: January 7, 2022
Posted by: Ricky Publico | Credit Card
Do you use any one of Grab’s booking services frequently? Then you’ll love this week’s edition of Moneymax Reviews. We’re putting Grab’s official co-branded credit card under the microscope in this Citi Grab Credit Card review. Can this credit card live up to the expectations of Grab customers?
From exciting rewards to generous welcome gifts, the Citi Grab Credit Card promises to be a reward-heavy credit card even non-Grab users will appreciate. Learn more about it in our in-depth review.
Table of Contents
- Citi Grab Credit Card Key Features
- Why Should I Grab the Citi Grab Credit Card?
- What Perks Can I Get with My Citi Grab Credit Card?
- Citi Grab Credit Card Alternatives
- Final Thoughts
Citi Grab Credit Card Key Features
- Annual fee: PHP 2,500
- Interest rate: 2%
- Minimum monthly income requirement: PHP 15,000 (with existing credit card) / PHP 20,883 (without existing credit card)
- Cash advance fee: PHP 200 per transaction
- Late payment fee: PHP 1,500 or the unpaid minimum amount due, whichever is lower
- Overlimit fee: PHP 1,500 or the highest overlimit amount, whichever is lower
- Foreign transaction fee: 3.525% of the converted sum
- Card replacement fee: PHP 400
Why Should I Grab the Citi Grab Credit Card?
The Citi Grab Credit Card is the perfect card for you if Grab services are integral part of your daily life. Whether you’re booking rides or ordering food or groceries through Grab, this credit card will maximize your use of the app. But first, let’s talk about the welcome gifts because there’s a lot.
50 GrabRewards Points Upon Application
You don’t even need to get approved to receive some perks. All you need to do is complete the application process, and you get 50 GrabRewards points within 15 business days. No need to go to any Citibank branch to apply. Just head to the Citi Grab Credit Card’s application page, enter your personal information, and submit the requirements completely online.
Grab Platinum Tier Upgrade for the 1st 6 Months
Once you’re approved for a Citi Grab card, your Grab account will be upgraded to Platinum Tier for the first six months. That means you get to enjoy prioritized booking on all your Grab bookings and a dedicated hotline for Platinum users. Receive your upgrade within 15 business days from card approval as well.
P5,000 GrabPay Credits for New Cardholders
Now that you have your Citi Grab Credit Card, it’s time to swipe responsibly. Rack up a total of PHP 10,000 spend within 60 days from card receipt, and you’ll receive a whopping PHP 5,000 GrabPay credits.
P2,000 Worth of Grab Vouchers for New Cardholders
By now, you should know how to use GrabPay. Because now that you have a Citi Grab Credit Card, you can use it to add funds to your GrabPay wallet. Just know that cashing in at least PHP 1,000 using your Grab credit card will score you Grab vouchers worth PHP 2,000. These vouchers will be split between GrabFood and GrabExpress and will be credited within 15 business days.
Earn Up to 10x Citi Points for Every Purchase
Every PHP 30 spend with your Citi Grab card earns you 1 Citi Point. Multiply your points by 10 when you use your Citi credit card on Grab services with a cap of PHP 10,000 per month until June 30, 2022.
You also get 3x Citi Points on dining and entertainment spend, as well as online subscriptions. Curious what your Citi Points can get you? Here’s how you can use your points to your advantage.
|Grab Ride Discounts||10 Citi Points = PHP 1||Minimum redemption of PHP 100 or 1,000 Citi Points|
|Cash Credits||10 Citi Points = PHP 1||Minimum redemption of PHP 1,000 or 10,000 Citi Points|
|GrabRewards Points||2 Citi Points = 1 GrabReward Point||Use it to redeem anything in the GrabRewards catalogue|
What Perks Can I Get with My Citi Grab Credit Card?
As if the Grab-related rewards aren’t enough, the Citi Grab Credit Card hits you with other helpful perks. Because it’s a card powered by Citibank, you can also enjoy all the benefits available to all Citibank credit cards.
Citi World Privileges
Citibank credit cards allow you to avail exclusive promos and deals across Citibank’s partner establishments in over 90 countries worldwide. Enjoy up to 50% discount on dining, travel, and hotel accommodations here and abroad.
Citi Mobile App
To help you manage your credit card better, download the Citi Mobile App and take control using your smartphone. Check and settle your credit card balance, manage your credit card settings, avail installment plans, and make all your credit card-related transactions in just a few taps.
Citi PayLite After Purchase
Convert your big-ticket straight single-receipt retail purchases into more affordable installments. How’s that for flexibility?
Citi Grab Credit Card Alternatives
If this Citi Grab Credit Card review taught you anything, it’s that co-branded credit cards exist and they’re actually pretty handy. While Foodpanda and other ride-sharing and food delivery apps don’t have a dedicated credit card yet, you might want to check out other co-branded cards out there.
Shell Citi and Mercury Drug Citi Cards
Citibank has two other branded credit cards worth checking out: Shell Citi Card and Mercury Drug Citi Card. Shell Citi Card earns you up to 5% cash back on Shell fuel purchases, toll fees, and auto repairs.
Meanwhile, the Mercury Drug Citi Card earns you 5x Citi Points on up to PHP 320,000 spend in Mercury Drug per month, 3x Citi Points on health, beauty, wellness, and foreign currency spend, and 1 Citi Point for every PHP 200 spend anywhere. On top of that, cardholders 24/7 ambulance service worth P10,000 within Metro Manila every year.
UnionBank Lazada and Cebu Pacific GetGo Credit Cards
Step out of Citibank’s scope and you’ll find a whole lot of co-branded credit cards from Unionbank. Take the Unionbank Lazada Credit Card for instance, a card that earns you 6x Lazada Credits for every purchase from the Lazada app.
Meanwhile, the UnionBank Cebu Pacific GetGo credit card earns you 1 GetGo Point for every PHP 30, which can then be converted to air miles.
And just like that, another credit card is in the books. Is the Citi Grab Credit Card starting to look good to you? Consider its welcome promos and rewards program before signing up. To make sure you’ll be getting the best card for you, compare different credit cards at Moneymax!
We hope you enjoyed our Citi Grab Credit Card review and found it useful. Any request for the next one? Tell us what you want to see next on our next Moneymax Reviews!
Read more Moneymax reviews:
- Save on Essentials with a Citi Cash Back Card
- Keeping it Simple with a Citi Simplicity Card
- How Rewarding Is a Citi Rewards Card?
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