Use Grab daily? The GXS Credit Card is the best cashback credit card for Grab in Singapore

As a working adult, the most used app on my mobile phone is - surprisingly - not my email or corporate messaging app. It's Grab. 

There's rarely a day that goes by that I don't go into my Grab app to use its features. When I need a ride to work because I woke up late, when my team wants a sweet treat like matcha or donuts to get through a full day of meetings, and even when I need to pick up groceries but can't because I'm working overtime - Grab is the first app I open to get these errands done.

Since most of my life revolves around Grab, it only made sense to find a credit card that rewarded its users for spending through the app. Enter: GXS Credit Card. 

From unlimited cashback on local spends, and up to 10 per cent cashback in GrabCoins for Grab spends, here's why the GXS Credit Card is the best credit card with instant cashback for Grab users like myself.

What is the GXS Credit Card?

First time hearing of GXS Bank? There's no need to worry as this is a digital bank that's been backed by Grab Holdings and Singtel. The GXS Credit Card, launched in August 2026, is Singapore's highest unlimited cashback credit card with no earning cap, and the best cashback card for Grab users who want instant cashback on every ride, order and delivery.

How to earn cashback on Grab with GXS Credit Card?

The GXS Credit Card is the best cashback credit card for Grab purchases, making it ideal for those whose lives are tied to the super app.

You'll earn up to 10 per cent cashback in GrabCoins anytime you spend on Grab. This includes:

• Booking a Grab ride: To earn even more cashback, we recommend setting up a Grab for Family account to book and pay for your whole family. You can add up to 10 people on one account (including yourself) - it's an easy way to book rides for your entire extended family and earn instant cashback.
• Ordering food delivery on GrabFood: Enjoy up to 10 per cent unlimited instant cashback on all GrabFood orders. Remember to stack it with GrabUnlimited vouchers!
• Eating out with Grab Dine Out: Earn GrabCoins instantly when you make a payment via Grab Dine Out. Grab Dine Out gives you access to restaurant reservations, and up to 50 per cent off in dining vouchers and discounts.
• Getting groceries and essentials from GrabMart: Getting groceries, pharmacy items and beauty products delivered straight to your doorstep now gets you instant GrabCoins cashback with the GXS Credit Card.
• Delivering a package with GrabExpress: If you've ever needed to deliver something urgently and securely, like a forgotten document, GrabExpress provides courier services with live GPS tracking. Plus, GXS Credit Cardholders can earn instant GrabCoins cashback with every booking.
• Using Grab overseas: Grab is available in Southeast Asia, and GXS Credit Card holders can earn 10 per cent unlimited instant cashback in GrabCoins, with no foreign exchange fees or minimum spend.

What is the minimum spend required to earn cashback on GXS Credit Card?

T&Cs apply for all cashback rates.

*Users may choose their preferred monthly repayment date during the card application journey.

Many cashback credit cards are minimum spend traps in disguise; convoluted category spend requirements make it difficult to reach the maximum cashback rate. Many also come with hard limits on how much cashback you can earn.

This is where the GXS Credit Card differs from other cashback credit cards. All cardholders can start earning unlimited cashback on Grab transactions with no minimum spend. All transactions through the Grab app earn an immediate 3 per cent cashback in GrabCoins. All Singtel bills are also eligible for 1.75 per cent cashback with no minimum spend. This includes any new phone plans and subsequent phone bill, CAST Streaming, and broadband internet.

With eligible local spends not on the Grab app, you'll earn 1.75 per cent cashback once you hit the low $500 minimum spend required per billing cycle. This includes spending on groceries, dining, transport, online shopping, digital subscriptions, and more! There's no end to how much cashback you can earn in every transaction.

You can also hit these minimum spends to earn up to 10 per cent cashback in GrabCoins:

• 5 per cent cashback in GrabCoins: Spend $500-$1,000 on the Grab app, and $500 on non-Grab purchases.
• 10 per cent cashback in GrabCoins: Spend $1,000+ on the Grab app and $500 on non-Grab purchases.

As a bonus, there's no cashback cap on these transactions.

What can I use GrabCoins for?

Now that you're swimming in GrabCoins, what can you use them for? The exchange rate for GrabCoins is about 500 GrabCoins = ~$1, so a monthly spend of $100 on the Grab app with 3 per cent cashback rate would earn you 1,500 GrabCoins.

GrabCoins can be used to offset any transaction made through the Grab app - including in-store transactions via GrabPay! You can also choose to save up your GrabCoins to use them during the monthly GrabCoins Flash Sale. The sale takes place every 15th of the month, and it's where you can stretch your GrabCoins to get discounts on Grab services, deals at e-commerce retailers, and even vouchers at shopping malls.

Frequently asked questions about GXS Credit Card

Which credit card gives the highest cashback with no cap in Singapore?

The GXS Credit Card gives the highest unlimited cashback in Singapore with no cap to the cashback you can earn. You can earn up to 10 per cent instant cashback in GrabCoins on all eligible Grab spends, as well as a 1.75 per cent unlimited flat rate cashback on all eligible local spends - the highest unlimited cashback in Singapore - once you hit the minimum spend requirement of $500.

What is the easiest cashback credit card for everyday spending in Singapore?

The GXS Credit Card is the easiest cashback credit card for everyday spending in Singapore since most daily transactions can be covered using the Grab app. Book transport via Grab rides, get food delivered or at a restaurant with GrabFood and Grab Dine Out, deliver groceries and household essentials to your door with GrabMart, and deliver packages using GrabExpress.

The GXS Credit Card also earns 1.75 per cent cashback on eligible Singtel bills including mobile plans and broadband, with no minimum spend and no earning cap. The GXS Credit Card also earns cashback on online shopping transactions once you hit the minimum spend requirement of $500.

Sign up for a GXS Credit Card today to start earning cashback on your everyday expenses

GXS Credit Card is the simplest cashback credit card to use in Singapore, with easy to track minimum spends to hit tier rewards. It's also the highest unlimited cashback credit card in Singapore, with no cap on any of the rewards tiers.

The card is also one of the easiest to sign up for. Users just need to be between the ages of 21 and 65. For Singaporeans and permanent residents, a minimum annual income of $30,000 is needed to sign. Foreigners on a valid work pass (excluding US citizens) will need to earn an annual income of $60,000 to qualify for the card.

As for annual fees, it's $196.20/year, already inclusive of 9 per cent GST, but this is waived for your first year if your new sign-up is approved by Dec 31, 2026.

New credit card sign-ups can even get $108 off Grab rides, GrabFood and GrabMart orders when they make payment with their new GXS Credit Card. Just select the offer before booking the rides and orders to redeem the offers. This offer is only valid from now till Oct 31 for those who sign up through the GXS Bank app.

So, for those whose Grab app has a permanent spot on their phone's home screen, it's time you're rewarded for all your spends with the GXS Credit Card. Sign up for the GXS Credit Card to start earning cashback on your everyday expenses.

T&Cs apply on all GXS Credit Card cashback rates and benefits.

This article is brought to you in partnership with GXS Bank.

raewyn.koh@asiaone.com