Citibank credit card holders will now be able to pay for Grab rides using their credit card points. The bank says that the partnership marks the first time globally that it is integrating its credit cards with a transportation application.
A first for Asia, the service aims to encourage the convenience of cashless payments to more consumers. It will commence in Singapore and the Philippines, with Malaysia, Indonesia and Thailand to follow shortly.
As part of the initial phase, customers who have added their Citi credit card as a form of cashless payment will receive a discounted first ride. Meanwhile, Grab customers who sign up for any Citi credit card through the partnership will get a number of free rides worth up to US$50.
The next phase will allow customers to pay for Grab rides using points – Citibank credit cardholders who charge their Citi credit card for their ride will receive an SMS from Citi requesting if they would like to redeem the ride for points. If they choose do so so, the redemption will be made automatically and reflected in the customer’s monthly statement.
The service is the first in the region enabling credit card holders to easily exchange their points for on-demand redemption on smaller, daily transactions.
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This credit kad olso cannot help you brother and mummy grabube dyever. Your vi yours and luxury vi need to pasang gps satelit detecter. Don have money, eyz work as seKRAP collettor.
nice move. many things still need to bring to the table. maybe some stop points? taxi stations? channel connecting others public transportations? hot spots? How to bring profits to the whole industry?
GPS still need to be improved?