Ethena Pay offers up to $50 in AVAX cashback on a first Grab ride
Ethena Pay offers 100% crypto cashback on one qualifying Grab ride, capped at $50, from October 5 until 00:00 on October 12, UTC+8. All card tiers can qualify while the promotion budget remains.
The essentials
Offer terms
- First qualifying Grab ride
- 100%, up to $50
- Reward asset
- AVAX
- Scheduled end, UTC+8
- October 12, 00:00
How to qualify
- Eligible cardholder in good standing; all tiers.
- First qualifying Grab ride during the period; no GrabFood, GrabMart or top-ups.
- Settlement and remaining campaign budget are required.
Ended. Check the provider's current terms before applying.
View card detailsHow the offer works
The promotion runs from October 5 at 00:00 to October 12 at 00:00, 2026, UTC+8. That is October 4 at 16:00 through October 11 at 16:00 UTC. Payments must be authorised during the period and subsequently settle while budget remains.
The first $50 of an eligible ride receives 100% crypto cashback; any remaining amount earns the tier's ordinary rate. The reward is AVAX-denominated at the settlement valuation, with market-price risk. It does not stack with ordinary cashback on the same portion.
A cancelled or reversed payment before settlement does not use the offer. A refund after settlement can recover the reward and does not make the offer available again. Ethena Pay operates the promotion independently of Grab.