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Here is how to get 10% off your insurance premiums

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As we approach the final month of 2019, we come to the dreaded season of parting with our money in order to pay our insurance premiums, which can amount to several thousands of dollars :frowning:
Thankfully, due to the partnership between Grab and AXS, we are now able to get 10% off our AXS bill payments, which include insurance payments as well!

Here’s a 3 step summary on how you can do it:

  • Apply for the UOB One Card through our affiliate links
  • Use UOB One Card to top-up $2000 to Grabpay
  • Use Grabpay to pay for insurance via AXS

How it works:

  • Grab and UOB have a promotion; Grab gives you 5% on all your Grab transactions (including topping up Grabpay) every quarter
  • Topping up Grabpay is also one of UOB One Card’s eligible transactions; based on the One Card tiered cashback, topping it up with $2000/month for 3 months gives you $300 (5%)
  • Therefore, topping up your Grabpay with$2000 from your UOB One Card gives you the maximum 10% cashback or $600 every quarter. You will just be stuck with a lot of Grabpay credits if your expenses are less than $2000/month. But not an issue here if you have insurance payments that you have to pay to clear your Grabpay credits!

We actually have some articles below that provide more details about this strategy and about the UOB One Card below:

Conclusion:

Get 10% off your insurance bill this December by applying for the UOB One Card, using it to top-up your Grabpay (maximum $2000/month) and receive $600 from UOB and Grab after one quarter.

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