The GXS Credit Card is Singapore's highest unlimited cashback credit card and one of the best for Grab and Singtel customers

Offering up to 10 per cent cashback in GrabCoins for Grab and 1.75 per cent cashback on Singtel payments and everyday spending

SINGAPORE, Aug. 17, 2026 /PRNewswire/ -- Earning cashback just got even simpler for consumers in Singapore with the launch of the GXS Credit Card. Customers can earn up to 10 per cent instant cashback in GrabCoins on all Grab spending, with higher cashback rates unlocked as monthly Grab spending increases, making it one of the best credit cards in the market for Grab users.

Customers who pay their Singtel bills with the GXS Credit Card will also earn 1.75 per cent unlimited cashback with no minimum spend requirement or cashback cap. This means that they will earn cashback for every dollar that they pay for their Singtel bills.

For all eligible local non-Grab and Singtel bill payments, the GXS Credit Card offers 1.75 per cent unlimited cashback on all eligible transactions. To enjoy cashback on these spends, customers simply need to spend a minimum of S$500 within their monthly billing cycle.

With the GXS Credit Card, customers can enjoy:

• Unlimited instant cashback in GrabCoins on eligible Grab spending at home or overseas, with higher cashback rates unlocked as monthly Grab spending increases.
  • Instant cashback credited in GrabCoins immediately after every eligible Grab transaction across Grab rides, GrabFood, GrabMart and GrabExpress
  • No minimum spend required to earn cashback on Grab spending.
• No foreign exchange fees on all overseas spend
• 1.75 per cent cashback on all eligible Singtel bill payments, with no minimum spend requirement and no cashback cap.
• 1.75 per cent unlimited cashback on all other eligible local spending (non-Grab and non-Singtel bills), subject to a minimum monthly spend of S$500, with no cashback cap.

• Instant cashback credited in GrabCoins immediately after every eligible Grab transaction across Grab rides, GrabFood, GrabMart and GrabExpress
• No minimum spend required to earn cashback on Grab spending.

Earn GrabCoins and offset your Grab spend instantly with the GXS Credit Card

Grab customers can earn 3, 5 and 10 per cent of instant cashback in GrabCoins when they use the GXS Credit Card for Grab rides, GrabFood, GrabMart and GrabExpress.

There is no minimum spend required to earn cashback on Grab spending, while higher cashback rates are unlocked as monthly Grab spending increases.

Customers also enjoy no foreign exchange fees on overseas spending, while continuing to earn cashback based on their applicable Grab monthly spending tiers. More details as illustrated in the table below.

How cashback works on the GXS Credit Card:

Spending Category	Monthly Spend Bracket	Cashback Rate & Type	Eligibility
Local Grab Spends	Any amount under $500	3% (Base GrabCoins Rewards)	Base tier. No minimum spend required.
Local Grab Spends	From S$500 onwards	5% back in GrabCoins, comprising: Base GrabCoins Reward of 3% back in GrabCoins AND Bonus GrabCoins Reward of 2% back in GrabCoins	Total non-Grab spend of at least S$500/month
Local Grab Spends	From S$1,000 onwards	10% back in GrabCoins, comprising: Base GrabCoins Reward of 3% back in GrabCoins AND Bonus GrabCoins Reward of 7% back in GrabCoins	Total non-Grab spend of at least S$500/month
Overseas Grab Spends	Any amount	10% (GrabCoins)	No minimum spend, no cap.
General / Off-Grab Spend	Any eligible spend	1.75% (Cashback)	Requires a total minimum card spend of S$500/month. No cap.

Spending Category

Monthly Spend Bracket

Cashback Rate & Type

Eligibility

Local Grab Spends

Any amount under $500

3% (Base GrabCoins Rewards)

Base tier. No minimum spend required.

Local Grab Spends

From S$500 onwards

5% back in GrabCoins, comprising:

• Base GrabCoins Reward of 3% back in GrabCoins AND
• Bonus GrabCoins Reward of 2% back in GrabCoins

• Total non-Grab spend of at least S$500/month

Local Grab Spends

From S$1,000 onwards

10% back in GrabCoins, comprising:

• Base GrabCoins Reward of 3% back in GrabCoins AND
• Bonus GrabCoins Reward of 7% back in GrabCoins

• Total non-Grab spend of at least S$500/month

Overseas Grab Spends

Any amount

10% (GrabCoins)

No minimum spend, no cap.

General / Off-Grab Spend

Any eligible spend

1.75%

(Cashback)

Requires a total minimum card spend of S$500/month. No cap.

Fuss-free cashback on Singtel bill payments 

Customers earn 1.75 per cent cashback on all eligible Singtel bill payments, with no minimum spend requirement and no monthly cashback cap.

The same cashback rate also applies to other eligible Singtel spending, with no monthly cap and no need to activate bonus categories or register for promotions. The minimum card spend of S$500 within the monthly billing cycle will apply.

For more information on the GXS Credit Card, visit https://gxs.com.sg/creditcard

About GXS Bank

GXS Bank is a digital bank focused on making banking better for the everyday consumer and businesses.

The Bank aims to improve financial inclusion and to drive financial revolution for its customers through the secure and ethical use of technology and data.

GXS Bank holds a banking licence issued by the Monetary Authority of Singapore. It is owned by a consortium consisting of Grab Holdings Inc. – Southeast Asia's leading super app, and Singtel – Asia's leading communications technology group.

As part of a regional network of digital banks, GXS Bank also works closely with GXBank, its digital bank subsidiary in Malaysia and Superbank, a digital bank in Indonesia in whom the Bank has a minority stake.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

The GXS Credit Card is Singapore's highest unlimited cashback credit card and one of the best for Grab and Singtel customers

XUZHOU, China, Aug. 17, 2026 /PRNewswire/ -- XCMG (SHE: 000425) has accelerated equipment deliveries and deployments in Angola, Southeast Asia, South America and Mozambique, supporting road construction, lifting, aerial access and green mining projects.

Deliveries include more than 100 units of integrated road construction equipment in Angola, nearly 300 crawler cranes across Southeast Asia and 80 aerial work platforms in South America. In Mozambique, XCMG delivered an integrated road construction solution and deployed a fully electric mining excavator, highlighting its broad portfolio and localized service capabilities.

Angola: 100+ units of integrated road construction equipment for road projects

Representing Angola's largest single procurement order for conventional construction machinery in a decade, the delivery included crushing and screening, earthmoving and road construction equipment, covering the process from aggregate production to road paving. It marked the first batch introduction of mobile and stationary crushing plants to Angola.

XCMG managed manufacturing, quality control, logistics and after-sales support, ensuring on-time delivery. The equipment will serve key road projects, supporting infrastructure development and China-Africa cooperation.

Southeast Asia: Nearly 300 crawler cranes delivered for major infrastructure projects

Marking Southeast Asia's largest single crawler crane order, the shipment includes XGC110A, XLC450, XLC90M3 and XLC60M3 models for infrastructure projects. The milestone reflects growing confidence in XCMG's products and after-sales support and strengthens its regional presence. The cranes are expected to accelerate project execution.

South America: 80 aerial work platforms shipped for infrastructure projects

XCMG shipped 80 aerial work platforms, comprising 6–16 m scissor lifts and 12 m articulated boom lifts, to support infrastructure projects in South America. The shipment underscores growing overseas recognition of XCMG's aerial work equipment.

Mozambique: Integrated solutions support infrastructure and green mining development

In Mozambique, XCMG introduced an integrated road construction solution and deployed a fully electric mining excavator to support infrastructure upgrades and greener mining operations.

In Beira, a key transport hub facing aging pavements, equipment shortages and limited asphalt capacity, XCMG delivered a solution covering asphalt production, paving, compaction and rehabilitation. The equipment, including asphalt mixing plants, pavers and cold recyclers, supports new road construction, reconstruction and maintenance, improving efficiency and road quality.

The deployment of the XE1350E marked Mozambique's first introduction of an electric mining excavator. The zero-emission, low-noise machine features intelligent real-time fault monitoring and combines high productivity with low energy consumption. It has received positive feedback from local customers.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

XCMG Accelerates Global Equipment Deliveries for Infrastructure and Mining Projects