While going through the changes in GrabRewards on 1 October, we noticed an interesting change: the number of Grab ride and GrabFood vouchers available have been reduced. Specifically, the high-value RM25 and RM20 vouchers have been removed, so you can no longer redeem these for your Grab rides and GrabFood orders.
Here is a refresher of how much each Grab ride and GrabFood voucher was worth before changes to the catalogue were made on 1 October. (redemption rates correct as of August 2019)
|Grab Voucher||Points to redeem||Value (higher is better)|
|RM5 Grab ride voucher ||590||0.85 sen per point|
|RM10 Grab ride voucher ||1,150||0.87 sen per point|
|RM15 Grab ride voucher ||1,690||0.89 sen per point|
|RM20 Grab ride voucher||2,370||0.84 sen per point|
|RM25 Grab ride voucher||2,810||0.89 sen per point|
|RM5 GrabFood voucher||590||0.85 sen per point|
|RM10 GrabFood voucher ||1,150||0.87 sen per point|
|RM15 GrabFood voucher||1,690||0.89 sen per point|
|RM20 GrabFood voucher ||2,370||0.84 sen per point|
While the RM20 voucher was not the best value voucher to redeem, this and the RM25 voucher are particularly useful when you need to make a more expensive transaction – like taking a longer Grab ride to the airport, or buying group meals to save a chunk of money each time.
Now, there are only three types of Grab ride and GrabFood vouchers: RM5 (600 points), RM10 (1,200 points), and RM15 (1,800 points). These vouchers all have the same streamlined redemption value of 0.83 sen per point. On the bright side, you no longer have to crack your head figuring out which is the most high-value voucher to use, but the downside is that you can't redeem anything more than RM15 for a Grab ride or GrabFood order.
Of course, this is not the only change implemented by Grab since 1 October. Most notable of course is the removal of the generous 20x rewards points rate for in-store GrabPay transactions, which resulted in a severe drop in GrabPay’s rates of return. We’ve covered the new GrabPay rewards system and whether or not it’s still worth using here, so check that out if you’re unsure about using GrabPay since the changes were rolled out.