How to Increase Your Buying Power on Grab

A bubble tea here, a little snack there and before you know it, these small purchases really add up! Who wouldn’t want to wave a magic wand and suddenly have that little extra cash to cover some guilty pleasure expenses?  

While magic wands do not exist, there are other ways to help supplement your bubble-tea-centric lifestyle. A popular method is using investments to gradually grow your accumulation of savings over a period of time. But let’s be honest, it can be quite complicated! There might be huge upfront costs, long administrative procedures, and big monetary commitments. These roadblocks feed the procrastination bug or just make the endeavor impossible. This is where AutoInvest comes in!

Take small steps to BIG benefits

AutoInvest is a micro-investment solution designed to be non-intimidating for newbie investors. 

It gets you in the habit of investing by incorporating investing into your daily Grab transactions. When you opt-in for AutoInvest, a small amount of your GrabPay Balance is automatically transferred out to be invested when you make a successful transaction with GrabPay. You can choose to invest $1, $2, or $5 with each transaction. This pre-set amount is designed to lower the capital barrier the funds required so more people can get started and participate. 

Example: You spend $10 worth of your GrabPay Balance on GrabFood. $1 worth of your GrabPay Balance will automatically be transferred from your GrabPay Wallet to AutoInvest.

(This is assuming you have pre-set $1 as your preferred investment amount)

Watch your buying power grow

The balance from your AutoInvest portfolio can be transferred back to your GrabPay Wallet to be spent on items paid through GrabPay or withdrawn to your bank account. Make your GrabPay Balance work for you and create the opportunity to grow your GrabPay Wallet.

With no lock-in period, you are free to transfer your funds back to your GrabPay Wallet within 2-4 working days. The sooner you opt-in to AutoInvest, the sooner you create opportunities to accumulate gains. Work towards increasing your buying power with your GrabPay Balance today! 

How is all this possible? 

When you opt-in to AutoInvest, your investments are professionally managed by asset managers who boast a consistent investment track record. If you are interested in AutoInvest’s past performance, click here to view our monthly updates.

Due to dynamic market conditions, it is impossible to guarantee or protect estimated returns. As mentioned, there are no magic wands to make money appear out of thin air. But there are best-in-class asset managers and diligent monitoring of your portfolio. Let the professionals handle the investment side of things so that you don’t have to. In short, get AutoInvest’ed.

Is AutoInvest for me?

AutoInvest is ideal for people looking to get the most out of their GrabPay Balance. By having the option to grow your GrabPayBalance, an AutoInvest user has the opportunity to use their investment gains to offset or pay for those little extra comforts! Think bubble tea.

Besides, AutoInvest is an ideal gateway investment tool for newbies. The initial step is often daunting. With AutoInvest, you need not worry about committing a large sum of money or being locked in for extended periods. You can start from as little as $1 with no lock-in periods or penalties for transferring your funds back to your GrabPay Wallet.

If you are looking to increase buying power or to get your feet wet in the exciting world of investing, then AutoInvest is for you!So, procrastinate no further, click here to start today!

This article’s content is meant for informational purposes only and should not be relied upon as financial advice. Past performance is not necessarily indicative of future performance.

This advertisement has not been reviewed by the Monetary Authority of Singapore. For full GrabInvest terms and conditions click here

The content on this website is for information purposes only. For full GrabInvest Terms and Conditions, click here

Any advertisements on the website have not been reviewed by the Monetary Authority of Singapore.
GrabInvest (S) Pte Ltd is regulated by the Monetary Authority of Singapore and holds a Capital Markets Services licence (CMS100908)

Komsan Chiyadis

GrabFood delivery-partner, Thailand

Komsan Chiyadis

GrabFood delivery-partner, Thailand

COVID-19 has dealt an unprecedented blow to the tourism industry, affecting the livelihoods of millions of workers. One of them was Komsan, an assistant chef in a luxury hotel based in the Srinakarin area.

As the number of tourists at the hotel plunged, he decided to sign up as a GrabFood delivery-partner to earn an alternative income. Soon after, the hotel ceased operations.

Komsan has viewed this change through an optimistic lens, calling it the perfect opportunity for him to embark on a fresh journey after his previous job. Aside from GrabFood deliveries, he now also picks up GrabExpress jobs. It can get tiring, having to shuttle between different locations, but Komsan finds it exciting. And mostly, he’s glad to get his income back on track.