Most of us have dealt with procrastination. We know how hard it is to consistently invest and monitor regularly. That’s what AutoInvest solves.
To achieve big goals, we start with small habits!
Every time you use Grab, we automatically invest an additional amount, starting from $1, from your GrabPay Wallet. The amount is invested in a low-risk investment solution that provides an estimated return of 1.8% p.a. after all fees without any hidden costs (returns are not guaranteed or protected).
You’ll automatically invest when you: Take a Grab Ride, Order GrabFood, Shop with GrabMart, Pay in-store and online with your GrabPay Wallet or GrabPay Card. Do note that no money will be invested for transactions made using Cash, PayLater or Corporate Postpaid payments.
There is no lock-in period, so you can transfer the invested monies back to your Wallet whenever you like. Your redemption proceeds can be spent via your GrabPay Wallet or GrabPay Card (can be used anywhere that accepts MasterCard). This unique ecosystem seamlessly connects your investing habit and spending.
AutoInvest helps you build a good investing habit by incorporating investing into your day-to-day activities. Such automated micro-investment solutions are ideal when you are saving for items like a pair of headphones, a Nespresso machine or that gaming console you’ve been eyeing.
Sounds good? Let’s get started!