GXS Bank launches cashback credit card with Grab alliance
Digital lender GXS Bank introduced a credit card in Singapore offering 10 per cent cashback in GrabCoins alongside 1 75 per cent return on Singtel payments
GXS Bank has introduced a new cashback credit card in partnership with Grab, offering Singaporean consumers an easy way to earn rewards on their spending. Customers can earn up to 10% instant cashback in GrabCoins on all Grab spending, with higher rates available as monthly Grab spending increases. The card also provides 1.75% unlimited cashback on eligible Singtel bill payments and other local non-Grab and non-Singtel bill payments, as long as the cardholder spends a minimum of S$500 within their monthly billing cycle.
The GXS Credit Card eliminates foreign exchange fees on overseas spending, allowing Grab customers to earn 3, 5, or 10% instant cashback in GrabCoins for rides, GrabFood, GrabMart, and GrabExpress, with no minimum spend required and higher cashback rates unlocked based on monthly spending tiers.
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