Grab, Citi launch co-brand credit card in the Philippines

Financial giant Citi and Singapore-based Grab have expanded their partnership with the launch of co-brand credit cards in the Philippines.

Grab x Citi

Citi Grab credit card

Dubbed as Citi Grab credit card, users will enjoy exclusive offers and rewards, including 10 times points earning on Grab spend, whether for rides or delivery; three times points on dining, entertainment and online subscriptions; 12 free grab rides upon sign up. 

The Citi Grab credit card is a natural next step as we create more value for our digital first, always in grabPay users. This will bring us one step further in realising our vision of becoming the leading everyday super app in SEA, said Huey Tyng Ooi, managing director of GrabPay Singapore, Malaysia, and the Philippines. 

Grab and Citi said the product will also be launched in Thailand in the second half of 2019.

Lifestyle reporter/personality Marie Lozano at the Grab, Citi credit card launch

While they will also introduce this to other regional markets, both parties have yet to disclose information about the plan.

We are delighted that the Philippines will be the first market to launch the Citi Grab co-brand credit card. We are excited to work with Grab to offer the best credit card value proposition to Grab's all-digital consumer base, Manoj Varma, consumer bank head at Citi Philippines, said. 

Started as a ride-hailing firm, Grab continues to bolster its platform with e-payments service, food and delivery businesses, and hotel bookings. 

What are your thoughts on this? Let us know in the comments!