GRABPay MasterCard

silverbomb

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Mine is $1600.. and cannot use cc anymore.. I think not worth joining. Unless they are taking out the cash back of AMEX card.
it's not that difficult to top up via paynow or bank, and withdraw it. but still clock your assigned spend that mth using your cc top ups
 
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Trazora

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How to clock spend in this case? Withdrawa is counted as spending?
Can topup from bank to count to the topup requirement, then withdraw to bank. Withdrawal not counted as spending. Can topup using Amex TCB, UOB absolute to get rebate. Eligible spending using amounts topped up by CC count to the spending/transactions requirements.
 

nintendog

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Can topup from bank to count to the topup requirement, then withdraw to bank. Withdrawal not counted as spending. Can topup using Amex TCB, UOB absolute to get rebate. Eligible spending using amounts topped up by CC count to the spending/transactions requirements.
Thanks
 

Shutterfly

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Maybe the only thing to consider topping up and transferring out is that it will count towards your annual transaction limit.
 

Trazora

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Maybe the only thing to consider topping up and transferring out is that it will count towards your annual transaction limit.
transfer to your paynow account not counted to annual limit. Only topup using debit card/bank can be transferred out.
 

wira

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topping up with debit card and transfer out does NOT count to annual limit.

transfer to your paynow account not counted to annual limit. Only topup using debit card/bank can be transferred out.
i didnt know top from bank account and transfer out not counted to annual limit ?

does that mean if fraudster can take over my internet banking , they can technically transfer out my $$ to grab wallet with no $30K limit ?
 

reddevil0728

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i didnt know top from bank account and transfer out not counted to annual limit ?

does that mean if fraudster can take over my internet banking , they can technically transfer out my $$ to grab wallet with no $30K limit ?
but technically if a fraudster can take over your internet banking, they can transfer to almost anywhere independent of whether it is to grab wallet or not?
 

hwmook

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i didnt know top from bank account and transfer out not counted to annual limit ?

does that mean if fraudster can take over my internet banking , they can technically transfer out my $$ to grab wallet with no $30K limit ?

It's like taking off the pants to fart. If they take over your Internet banking, they can transfer anywhere, why to grab wallet?
 

CrashWire

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i didnt know top from bank account and transfer out not counted to annual limit ?

does that mean if fraudster can take over my internet banking , they can technically transfer out my $$ to grab wallet with no $30K limit ?
If someone takes over your internet banking, why would they transfer money to Grab and not some overseas account which would be much harder to reverse?

The $30k limit to "protect" us is MAS pandering to the local banks, and I'm glad the good financial institutions are recognising that not all features need to fall under the $30k limit.
 

silverbomb

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if i fraudster i just use it straightaway from the bank, don't even need to go thru grab lah. there's millons of ways if really one fraudster does it.
 
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