This article was first published on 25 April 2019, and updated with new information.
Touting itself as Southeast Asia’s #1 ride-hailing app, food delivery service, and cashless payment solution all in one, Grab is a name that needs no introduction. The platform has grown to be a part of our lives and vocabulary. It’s common for us to simply say “I’ll Grab there” or “Let’s GrabFood for dinner. In fact, it has already expanded to our financial lives with GrabInvest, GrabPay, and soon-to-be digital bank.
To keep a leg up on the competition, Grab is also known for providing subscription plans all in the name of providing value to its customers. On 25 March 2020, many subscribers were caught off guard when the company announced the end of its popular $9.99 “food plan” which offered free deliveries on 50 GrabFood orders in a month.
As Grab constantly reviews and retires its subscription plans, here’s an update on what Grab currently offers and how much you can save by subscribing to their latest plan.
The RideSavers Pack is the current Grab subscription plan available and appears to be a replacement of the previous “Daily Value Plan”. The RideSavers Pack costs $41.99 for 10 ride vouchers that give a $5 off.
Approximately, you could get a 16% savings on $50 worth of rides assuming that you take 10 rides that cost above $5 each. As the discount is a fixed $5 off per ride, you don’t really have to optimise rides to maximise the savings. However, the longer the ride, the less percentage savings you are getting per ride. For example, $5 off a $6 ride is a huge discount compared to $5 off a $20 ride. With most rides costing a minimum of $5, this is also not difficult to use these vouchers. Do note that you have to use up all 10 rides quickly as the ride coupons are only valid for 2 weeks from the date of purchase.
Daily Value Plan
The “Daily Value Plan” gives you 15% off your rides through 10 ride vouchers for a $16 monthly subscription. The vouchers are only valid for GrabCar and JustGrab rides which means that you will not be able to use the vouchers for other popular rides such as GrabTaxi or GrabHitch. Do take note that there is a cap of $4 per ride so you will not be able to make the most of the discount once your fare costs more than $26. Aside from ride vouchers, the plan also includes 5 food vouchers for free GrabFood delivery, as long as you hit the minimum order of $12.
How To Subscribe To A Grab Plan?
Step 1: Launch the Grab app on your phone.
Step 2: Tap on ‘Account’ in the bottom-right corner and select ‘Subscriptions’.
Step 3: Scroll to find your desired plan and tap ‘View Plans’.
Step 4: Select plan and tap on ‘Get This Plan’.
Step 5: Ensure sufficient GrabPay credit balance and tap ‘Confirm’ to subscribe.
Step 6: Vouchers will be instantly awarded to your account. Locate them in the My Rewards tab of your Grab app.
What Else Should You Know Before Signing Up For A Grab Subscription Plan?
All plans can only be paid them through GrabPay Credits. For the RideSavers Pack, it is only a one-time offer while stocks last until 28 January 2021 and it is limited to one Pack per customer.
There appears to be no guarantee that the subscription plan that is available to you today will be still there in the future as Grab is constantly changing and retiring old plans.
In the end, you should only subscribe to the plans when it fits your lifestyle and you are constant (and heavier) user of Grab services. You also need to be aware of the terms and conditions and the limitations of the plan. For example, don’t take GrabTaxi or GrabHitch services even if they are cheaper while using the RideSavers Pack as these rides are not eligible for the vouchers.
An alternative for you would be to use promo codes or purchase Grab vouchers through Shopee and Lazada when you need them. Since Grab regularly updates the subscription plan that it offers, you should also check regularly to see if you are subscribing to the best option available.