Latest Update –
GrabCar Driver Partners can Instant Cash Out their earning
Grab has announced a new initiative that will allow GrabCar Driver Partners to cash-out their earnings instantly.
The new Instant Cash Out initiative will commence on 7 February 2018 @ 12 noon.
How it works
GrabCar drivers can cash out and receive their earnings on the same day up to 2 times a day.
The minimum cash out amount is $50 and to a maximum of $5000. Any amount that exceeds $5000 will require 3 working days to process
Cash out limit will be capped at $8000 per day
Drivers who use any major Singapore banks as their crediting account are eligible.
All incentives payments will only be paid out on the following Monday or by Tuesday
e.g. you drove from 1 March (Monday) to 7 March (Sunday), incentive payment will be paid to you on 8th or by 9th March (Tuesday).
Incentives will be paid out to Driver’s cash wallet. Grab will send your consolidated statement the following week via email.
What should you do if you do not receive your incentive
- Check your latest weekly incentive in the driver app
- Make sure you have met the requirements – Acceptance Rate, Cancellation Rate, Number of qualified trips, Ratings (etc)
Drivers are required to meet ALL the requirements to qualify for incentives. If anyone of the requirements is not met, driver will not qualify
for the incentive offered by Grab
- Screenshot your driver app that shows you have met all the weekly requirements as evidence
- Contact Grab via phone or go to Driver Support Centre at Midview City
Before 7 February 2018
Cash out from your Grab Driver’s GrabPay wallet before 11.30pm and receive the cash out payment the next working day after 6pm
Cash out applicable for $100 to $5000 only.
Applicable for all banks that offer FAST Facility (POSB, DBS, UOB, OCBC, SCB, etc). Each week period begins at 12am on Monday and ends at 11:59pm the following Sunday.