Earn Minimum $40 per online hour plus $3 EXTRA CASH per trip
plus FREE LEVY every day this week!
From 8am to 9:59am and 5:30pm to 10:29pm every day this week (3rd to 9th Apr) , drive as much as you can on GrabCar Premium and you will earn $40 per online hour! The longer you drive, the more you earn in guaranteed fares!
In addition, earn $3 EXTRA CASH per trip you pick up at CBD, Central (incl. Sentosa) and Queenstown/Redhill!
That’s not all! For all day every day this week, you pay NO COMMISSIONS by maintaining an Acceptance Rate of 85% & above, and Cancellation Rate of less than 5%, and completing at least 40 jobs for the whole week.
Easy to Understand Guide for Hourly Guarantee Incentive
Q1: How is my earning calculated?
A1: From 8am to 9:59am each day, given you fulfil the minimum rides requirement, you will be paid by ($40 X your online hours during 8am to 9:59am minus total fare for this period) X 80%
Similarly, from 5:30pm to 10:29pm, given you fulfil the minimum rides requirement, you will be paid by ($40 X your online hours during 5:30pm to 10:29pm minus total fare for this period) X 80%
You could qualify for either incentive or both of them.
Q2: Is there any example of the calculation?
A2: Here is an example:
Mr. Tan drove on 3rd Apr from 8am to 9:30am and from 5:30pm to 10:29pm. Whilst driving, he took some breaks, so the total online hours he completed for the morning was 1.4 hours instead of 1.5 hours, and total online hours he completed for the evening was 4.5 hours instead of 5 hours. During the morning peak hours, he completed 1 GC Premium trip (Fare $30, inclusive of surge pricing). During the evening peak hours, he completed 6 GC Premium trips (total fares $120, inclusive of surge pricing). He has NOT fulfilled the minimum rides requirement for the morning incentive, but he has fulfilled the minimum rides requirement for the evening incentive. Thus he does NOT qualify for the morning incentive, but he qualifies for the evening incentive.
Calculation of how much Mr. Tan will earn on top of his fares:
AM Hourly Guarantee Incentive: $0
PM Hourly Guarantee Incentive: 4.5h X $40 – $120 = $60
After deducting 20% Grab Commission from $60, $48 will be paid into Mr. Tan’s bank account in the week starting 10th Apr (note: 20% commission will be deducted as per usual from the fares collected).
*Refer to the following map for valid Pickup locations within CBD, Central (incl. Sentosa) and Queenstown/Redhill.