Grab has announced that its planned revision to GrabRewards has been postponed until further notice. According to the company, this decision was made in light of the ongoing movement control order in Malaysia.
Originally slated to start from 23 March, Grab was supposed to kickstart a three-week campaign that would lead up to a revision of its GrabRewards programme and a massive devaluation of redemption rates by up to 34%.
Grab has since updated its GrabRewards page to indicate that all activities related to this revision will be postponed. “For now, the GrabRewards Super Sale and the revision of points required for redemption of GrabFood, Grab rides & partner rewards remain unchanged until further notice,” said a notice on the website.
That said, the revision to the earn rates for GrabRewards, which came into effect from 16 March 2020, remains in force. Users can only earn a maximum of 3 GrabRewards points for every RM1 spent, which yields an effective return of 2.5%.